Magnite

Magnite

Sell-side platform for programmatic advertising

About Magnite

Simplify's Rating
Why Magnite is rated
A+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Consumer Software

Company Size

501-1,000

Company Stage

IPO

Headquarters

Los Angeles, California

Founded

2007

Overview

Magnite helps publishers and media owners sell their advertising space through programmatic advertising, which automates the buying and selling of ads. The company provides tools and services to optimize ad inventory for sellers and offers buyers access to a wide range of ad inventory with brand protection and fraud prevention. Unlike competitors, Magnite does not compete with its clients, ensuring a transparent relationship. Its goal is to maximize advertising revenue for clients while maintaining a collaborative environment.

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Simplify's Take

What believers are saying

  • Increased CTV adoption boosts demand for Magnite's specialized ad solutions.
  • 5G expansion enhances mobile video consumption, benefiting Magnite's mobile ad inventory.
  • Omnichannel marketing strategies increase demand for Magnite's seamless ad experiences.

What critics are saying

  • Emerging ad tech companies pose competitive threats with innovative solutions.
  • Privacy regulations may increase operational costs for Magnite.
  • Economic downturns could reduce advertising budgets, impacting Magnite's revenue.

What makes Magnite unique

  • Magnite is the largest independent sell-side advertising company, focusing on transparency.
  • The company specializes in programmatic advertising, automating ad buying and selling processes.
  • Magnite offers advanced brand protection and fraud prevention technologies for advertisers.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Unlimited Paid Time Off

Hybrid Work Options

Equity and Employee Stock Purchase Plan

Family Planning Benefits

Parental Leave

Disability Insurance

Life Insurance

Cell Phone Subsidy

Fitness and Wellness Reimbursement

Mental Health Support

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Financial Modeling Prep
Feb 27th, 2025
Magnite, Inc. (NASDAQ:MGNI) Financial Performance Analysis

Magnite competes with companies like PubMatic, Inc. (PUBM) and Digital Turbine, Inc. (APPS) in the ad tech industry.

The Manila Times
Feb 13th, 2025
Magnite to Participate in the Susquehanna Financial Group 14th Annual Technology Conference

Magnite to participate in the Susquehanna Financial Group 14th Annual Technology Conference.

MediaBrief
Jan 15th, 2025
Magnite appoints Sahil Bansal as Country Lead, India

Magnite appoints Sahil Bansal as Country Lead, India.

Investing.com
Jan 7th, 2025
Magnite CFO David Day sells $226,865 in common stock

Magnite has also announced the appointment of Sean Buckley as President, Revenue, and Katie Evans as President, Operations, as part of its efforts to strengthen its executive team.

Indian Television
Dec 17th, 2024
Sell-side ad firm Magnite launches Magnite Audiences in India

Sell-side ad firm Magnite launches Magnite Audiences in India.

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