Tech Company Financing Transactions
Pubmatic Funding Round
Pubmatic, based in Redwood City, secured $7 million from Nexus Venture Partners, Helion Venture Partners and Threshold Ventures.
Transaction Overview
Company Name
Announced On
1/8/2008
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Rajeev Goel, co-founder and general manager of PubMatic said, "This most recent investment will allow PubMatic to make these benefits available to thousands more publishers and hundreds more ad networks. Nexus India Capital's investing philosophy and success in both Internet and media investments makes them an ideal partner in this venture."
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
3 Lagoon Dr. 180
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Website
Email Address
Overview
Publishers use PubMatic (Nasdaq: PUBM) to significantly increase their ad sales revenue by optimizing across leading ad networks such as Google AdSense, ValueClick, Advertising.com, BlueLithium, and many more and by using sophisticated algorithms to optimize the layout of text ads.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Amar Goel
Chief Executive Officer
Rajeev Goel
Chief Financial Officer
Steve Pantelick
Chief Marketing Officer
Jeffrey Hirsch
VP - Bus. Development
Paulina Klimenko
VP - Engineering
Mukul Kumar
Browse more venture capital transactions:
Prev: 1/8/2008: Cellectar venture capital transaction
Next: 1/9/2008: Carbon Design Systems venture capital transaction
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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