I am a few weeks late noting this news - that OpenAds raised $15.5 million in series B funding. The round was led by Axel Partners. That’s a significant round and only 6-7 months after raised $5 million in series A funding last summer. The company is London based, so I will see what I can find out any inside info about the companies’ plans not that they have a bigger bank account. With all the consolidation in the on-line ad technology space over the past 18 months - I can see a lot of opportunity for the open source strategy. Apparently, OpenAds have a new hosted service that is in beta - interesting.
UK Based OpenAds Raises $15.5M
5 February 2008 · No Comments
Categories: London · UK · advertising · open source

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