OpenX Gets $10.4 Million in Funding, Squares Off With Google

by Sam Dean - May. 26, 2009Comments (1)

OpenX Technologies, an open source advertising community that helps online publishers make money, has just announced a $10.4 million third round of venture funding, bringing total investment in the company to nearly $31 million since mid-2007. The company's technology lets publishers manage a mix of ads from multiple networks across a web site, and competes directly with Google's Ad Manager. Palo Alto-based firm DAG Ventures led the round of financing, and GigaOm has more on OpenX's plans here.

 


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For the sake of online publishers I hope OpenX kicks butt, but if it "squares off with Google" it won't be because of a measly $10.4 Million.


Google spends that every month on cappuccinos.


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