Tech Company Financing Transactions
AppNexus Funding Round
Private investors invested in a $60 million funding round for AppNexus. The financing round was announced on 8/18/2014.
Transaction Overview
Company Name
Announced On
8/18/2014
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Proceeds Purpose
AppNexus plans to use the investment to continue the rapid expansion of its global team and to invest in creating innovations that will transform digital advertising. AppNexus expects to add hundreds of additional jobs by 2016, both in its New York headquarters and its offices around the world. Additionally, the company, which ACQUIRED viewability technology pioneer Alenty in June, will use the funds to potentially make opportunistic acquisitions and forge partnerships that enhance AppNexus' product offerings and further its mission to power the advertising that powers the Internet.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
28 West 23rd St. 4th Fl.
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Website
Email Address
Not Recorded
Overview
AppNexus technology powers the most innovative trading solutions and marketplaces for Internet advertising. We power the ads that power the Internet.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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