AppNexus Raises $75M in Series D Funding

AppNexus, a New York City-based provider of an advertising technology platform, has raised $75m in Series D funding.

The round, which bring the total amount raised by the company to date to $140.5m, was led by Technology Crossover Ventures (TCV), with participation from Venrock and Tribeca Venture Partners.

Led by Brian O’Kelley, CEO, AppNexus operates an advertising technology platform which allows companies to build, manage and optimize their entire online advertising businesses.
Clients include Interactive Media, Orange, and the Canadian Premium Audience Exchange (CPAX).

The company currently employs over 400 people across its global offices in Paris, Hamburg, Toronto,  San Francisco, Seattle, London, and Tel Aviv ans is continuing to hire (read here).

In conjunction with the funding, David Yuan, TCV General Partner, joined the company’s Board of Directors.

FinSMEs

24/01/2013

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