OpenX

OpenX

Programmatic advertising platform for digital inventory

About

OpenX operates a programmatic advertising platform that enables the real-time buying and selling of digital ad inventory. The platform connects publishers, advertisers, and app developers, allowing advertisers to bid on ad space as it becomes available. This process helps publishers maximize their revenue while ensuring that advertisers can effectively reach their desired audiences. OpenX generates revenue through transaction fees on ad placements and offers additional services like advanced analytics and audience targeting. What sets OpenX apart from its competitors is its focus on maintaining high marketplace quality and transparency, using data and technology to prevent ad fraud and enhance ad performance. The platform supports various ad formats, including display, video, and mobile, to meet the changing demands of the digital advertising landscape.

Company Stage

N/A

Employees

201-500

Industries

Data & Analytics, Consumer Software, Cybersecurity

Total Funding

$73.4M

Headquarters

N/A

Founded

2007


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Simplify's Take

What believers are saying

  • Promotions of key leaders like Gil Sommer and Joel Meyer indicate strong internal growth and leadership stability.
  • The partnership with StackAdapt enhances OpenX's ability to serve political advertisers, tapping into a lucrative and growing market.
  • Achieving Net-Zero targets and CarbonNeutral certification for two consecutive years boosts OpenX's reputation as a socially responsible company.

What critics are saying

  • The increasing complexity of programmatic advertising and the deprecation of third-party cookies could pose significant challenges for OpenX.
  • Rapid business growth leading to higher emissions may conflict with their sustainability goals, potentially harming their public image.

What makes OpenX unique

  • OpenX is the first SSP to partner with Givsly, integrating automatic donations to nonprofits into their media spend, which sets them apart in the ad tech industry.
  • Their omnichannel supply-side platform supports a wide range of digital channels including web, app, and CTV, offering a comprehensive solution for advertisers.
  • OpenX's commitment to sustainability, achieving Net-Zero targets for two consecutive years, highlights their dedication to environmental responsibility.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

8%

2 year growth

49%

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