Got Funds? PubMatic Reels in $7.5 Million

Written on
Apr 15, 2010 
Gavin Dunaway  |

money_tree_small.jpgADOTAS – Who’s in the money? PubMatic, baby, PubMatic.

The publisher revenue optimization company exited a Series C funding round with a sweet $7.5 million. Existing investor Helion Venture Partners was front and center showing its love and cash, while previous sugar daddies Draper Fisher Jurvetson and Nexus Venture chipped in as well.

The funds will be used to speed up adoption of the recently launched Premier edition of PubMatic’s Sell Side Platform, which features a single dashboard for publisher’s sales and ad ops teams to manage revenue and analyze inventory data as well as an impression-level ad auction with real-time bidding. In addition, the money will go toward further product development and executive hires.

PubMatic has brought home a total of $18 million in investor cash.

Gavin Dunaway is Editor, U.S. at AdMonsters, a leading trade publication, event producer and service provider for the online advertising industry. Previously, he had been Senior Editor of Adotas, where he arrived after years of ping-ponging around various industry publications. This Washington, D.C. native and George Mason University graduate also enjoys playing electric guitar so loud that the walls shake.

Reader Comments.

No comments yet

Leave a Comment

Add a comment

Tags: , , , , , and
Article Sponsor

More News