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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.
OpenX is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own OpenX pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
OpenX is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 2/25/2013 | Series E | $25.01MM raised | $XXX.XX | $XXX.XX |
| 5/30/2011 | Series D | $19.73MM raised | $XXX.XX | $XXX.XX |
| 5/25/2009 | Series C | $10.4MM raised | $XXX.XX | $XXX.XX |
| 1/15/2008 | Series B1 and B2 | $19.5MM raised | $XXX.XX | $XXX.XX |
| 6/12/2007 | Series A | $4.59MM raised | $XXX.XX | $XXX.XX |
