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OpenX Revenues Rise To $172M

socalTECH

Los Angeles-based advertising exchange and technology developer OpenX said on Tuesday that its net revenues rose to $172M in 2017, as it saw 20 percent growth in its revenues for the fourth quarter. OpenX said the growth came from its mobile, video, and quality initiatives. OpenX is led by CEO Tim Cadogan.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. So, without further ado, here''s the list of this year''s 2013 Socaltech 50 : Basil Abifaker , Transaction Wireless (San Diego, digital gift cards). Tim Cadogan , OpenX (Pasadena, advertising).

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OpenX Adds Japanese Investor

socalTECH

Los Angeles-based OpenX Software has a new investor, the firm said today, Japanese company cyber communications, inc. According to OpenX, cyber communications, which is a wholly owned subsidiary of Dentsu Inc., OpenX said it has now raised more than $75M in funding. Global Investment, Inc., and Presidio Ventures.

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OpenX Gets $20M From SAP, Others

socalTECH

Los Angeles-based OpenX Technologies , the developer of online advertising serving software, announced this morning that it has raised $20M in a Series D funding round. Global Investment, Inc., The firm said the new funding will go to accelerate growth, internatioanl expansion, and further adoption of its OpenX Enterprise software.

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OpenX Gets $22.5M More For Online Advertising

socalTECH

Pasadena-based advertising technology firm OpenX has raised $22.5M The new round was led by Samsung Venture Investment Corporation, and also included Accel Partners, Index Ventures, SAP Ventures, Mitsui & Co. Global Investment, Inc., more in a round of funding, the company announced today, via a Series E funding round.

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First Round Capital Rolls Its Own Startup Exchange Fund

socalTECH

Venture capital firm First Round Capital , the early stage venture fund whose Managing Directors include Idealab's Howard Morgan , said last night that it has created its own startup exchange fund, a fund which allows the founders of the firm's various startups to diversify their investments and share in the success of the company's portfolio.

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Chewse Picks Up $5.9M For Office Catering

socalTECH

Chewse , a startup which helps companies manage their office food and meal programs--and counts Pivotal Labs, TasteMade, OpenX, Factual, and Big Frame as customers--said it has raised $5.9M in a Series A investment.