AppNexus Obtains $60,000,000 New Funding

  • Feed Type
  • Date
    8/18/2014
  • Company Name
    AppNexus
  • Mailing Address
    28 West 23rd Street 4th Floor New York, NY 10010 USA
  • Company Description
    The AppNexus cloud was engineered to provide all the building blocks of a robust, cost-efficient, and instantly scalable enterprise infrastructure. Innovative yet dependable, the AppNexus infrastructure brings you cloud computing without limitations.
  • Website
    http://www.appnexus.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $60,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor

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