PubMatic Takes $7 Million Series A
Summary
TechCrunch 40 finalist PubMatic has taken $7 Million Series A in a round led Nexus India Capital that included original investors Draper Fisher Jurvetson and Helion Ventures. PubMatic offers a meta ad server that sits between online publishers and online ad networks like Google AdSense, Yahoo Publisher Network and Value Click. Their service helps small and medium sized publishers manage and maximize their advertising inventory by communicating with multiple ad networks to help them find the optimal ad layout and the highest paying ad network. Although still in beta, PubMatic has over 1500 users using their service and supports dozens of ad networks. See our previous review of PubMatic here, and a video of their TC 40 presentation below.
Funding
Amount
$7.0M
Total raised
Date
January 1, 2008
Announcement date
Investors
Ozie Group LLC, Draper Fisher Jurvetson, Helion Venture Partners, PubMatic
Lead investors
Company
http://www.pubmatic.com
Funded company
Classifications
industries
Manufacturing Industry
applications
ERP & Process Management
AskAI Classifications
Labels
Ad Tech Software
SaaS
Programmatic Advertising Platforms
Linked Companies
PubMatic
$100M to $250M