OpenX raises $10 million for open-source ad server business

OpenX raises $10 million for open-source ad server business

The odds are good you’ve never heard of OpenX. But the company makes the open-source ad servers that are behind more than 150,000 web sites. Its software serves more than 300 billion ads a month into those web sites. Not bad for a little old company from Pasadena, Calif.

And today the company’s announcing it’s raised $10 million in a third round of funding. DAG Ventures led the round, and existing investors Accel Partners, Index Ventures,… Continue Reading