OpenX was founded in 2008 by Damon Reeve, Jason Fairchild, and Scott Switzer. In 2022, CEO John Gentry said that an IPO is not on the immediate horizon, yet he remained optimistic about the company's future, saying "We've got a lot we want to do, big areas we want to invest in." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

OpenX is a 100% cloud-based advertising technology company. Since 2012, the company has acquired LiftDNA, JumpTime, Mezzobit, and PubNation. The company has received more than $70 million in venture capital funding from investors including SharesPost Investment Management, Wavemaker Partners, Samsung Ventures, Accel, and Mitsui Global Investment. According to a company press release, OpenX generated $172 million in 2017 revenue, and "has grown for 10 consecutive years and has been profitable for four straight." OpenX is estimated to have a post-money valuation between $100 million and $500 million.

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Can you invest in OpenX pre-IPO?

OpenX is a privately held company and is not publicly traded, therefore investing in OpenX pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of OpenX before it goes public?

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What is the pre-IPO value of my OpenX shares?

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Is OpenX a publicly traded company?

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To learn more about OpenX potential IPO

Will OpenX go IPO?

OpenX has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is OpenX’s IPO price?

The OpenX IPO price does not exist at this time, as OpenX is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to OpenX register for Forge Markets, today.

When was OpenX founded?

OpenX was founded in 2007.

What is OpenX funding to date?

OpenX has raised $79.22MM to date.

Who are OpenX’s major investors?

Accel
Index Ventures
First Round Capital
Presidio Ventures
Samsung Ventures
SAP Ventures
AOL Ventures
Mitsui & Co. Global Investment

OpenX Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
02/26/2013 Series E $25.01MM $xx.xx $428.1MM Accel Partners, Index Ventures, Localglobe, Mitsui Global Investment, Presidio Ventures, Samsung Venture Investments, Sap Ventures, Yet2ventures
Price per Share
$xx.xx
Shares Outstanding
22,257,931
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Accel Partners, Index Ventures, Localglobe, Mitsui Global Investment, Presidio Ventures, Samsung Venture Investments, Sap Ventures, Yet2ventures
05/31/2011 Series D $19.73MM $xx.xx $208.66MM Accel Partners, Aol Ventures, Dag Ventures, Index Ventures, Mitsui Global Investment, Presidio Ventures, Sap Ventures, Several Individual Investors
Price per Share
$xx.xx
Shares Outstanding
28,252,517
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Accel Partners, Aol Ventures, Dag Ventures, Index Ventures, Mitsui Global Investment, Presidio Ventures, Sap Ventures, Several Individual Investors
05/26/2009 Series C $10.4MM $xx.xx $72.6MM Accel Partners, Dag Ventures, First Round Capital, Index Ventures, Mangrove Capital, Spark Ventures, Wavemaker Partners
Price per Share
$xx.xx
Shares Outstanding
28,260,870
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Accel Partners, Dag Ventures, First Round Capital, Index Ventures, Mangrove Capital, Spark Ventures, Wavemaker Partners
01/16/2008 Series B2 $4MM $xx.xx $48MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
12,432,385
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Undisclosed Investors
01/16/2008 Series B1 $15.5MM $xx.xx $48MM Accel Partners, First Round Capital, Index Ventures, Mangrove Capital Partners, O'Reilly Alphatech Ventures
Price per Share
$xx.xx
Shares Outstanding
48,226,536
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Accel Partners, First Round Capital, Index Ventures, Mangrove Capital Partners, O'Reilly Alphatech Ventures
06/13/2007 Series A $4.59MM $xx.xx $6.5MM Aol Ventures, Bowery Capital, First Round Capital, Mangrove Capital Partners, O'Reilly Alphatech Ventures, Vast Ventures
Price per Share
$xx.xx
Shares Outstanding
45,535,715
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Aol Ventures, Bowery Capital, First Round Capital, Mangrove Capital Partners, O'Reilly Alphatech Ventures, Vast Ventures
Updated on: Dec 3, 2024

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