Dataxu Garners $11,000,000 New Funding Round

  • Feed Type
  • Date
    3/8/2010
  • Company Name
    Dataxu
  • Mailing Address
    711 Atlantic Avenue Boston, MA 02111
  • Company Description
    DataXu is a cutting-edge Cambridge, Massachusetts-based company formed by MIT alums and professionals. Our product will cause the next revolution in Internet advertising by disrupting how advertising is bought and sold on the Internet. Our proprietary technology is a high-performance real-time, automated, self-learning decision-support system that matches advertisers, publishers, and web users at a rate of hundreds of thousands of requests per second.
  • Website
    http://www.dataxu.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Flybridge Capital Partners
  • Venture Investor
    Atlas Venture

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