The Trade Desk Raises $20M in Series B Funding

TTDThe Trade Desk, Inc., a Ventura, CA-based global demand-side advertising platform, raised $20M in Series B funding.

The round was led by Hermes Growth Partners with participation from seed and Series A investor IA Ventures. Following the investment, Alex Kayyal of Hermes Growth Partners joined The Trade Desk’s board of directors.

The company intends to use the funds for expansion into international markets, including Europe, Asia Pacific, Australia, and Northern Asia.

Led by Jeff Green, CEO and co-founder, The Trade Desk agencies, aggregators, and their advertisers with a demand-side platform to manage display, social, and video advertising campaigns.
The company recently opened offices in Singapore, Sydney, Australia, and Hamburg, Germany, as well as expanded into major US media markets outside its Ventura and New York offices.

FinSMEs

25/02/2014

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