OpenX Keeps On Growing, Raises $10 Million More
May 26, 2009 at 07:56 AM EDT
We've talked about online ad server OpenX quite a bit in the past, and for good reason. The company, formerly known as Openads, is led by former AOL CEO Jonathan Miller (Chairman) and ex-Yahoo exec Tim Cadogan (CEO) and has in the past shown it's serious about growing fast and making money in the process. More recently, we covered the launch of OpenX Market , an alternative online ad exchange platform operated by the Pasadena, CA-based company. Today, OpenX is announcing that it has raised a Series C venture capital round to the tune of $10 million, which brings the total of funding raised by the company to a healthy $30+ million .