The Trade Desk, Inc., a Los Angeles, CA-based global demand-side platform, raised $60M in equity funding.
Wellington Management Company, an investment management firm headquartered in Boston, Massachusetts, made the investment in January 2016.
The company is using the capital to to fund the buyback of shares from early investors and expand operations across the globe.
Led by Jeff Green, CEO and founder, The Trade Desk provides an adtech demand-side platform which gives agencies, aggregators and their advertisers the technology to manage omnichannel advertising campaigns.
The company, which has offices across the United States, Europe, and Asia, recently announced that Netflix CFO David Wells has joined its board of directors as an independent member.