Dataxu Receives $6,000,000 Series A Financing

  • Feed Type
  • Date
    4/15/2009
  • Company Name
    Dataxu
  • Mailing Address
    222 3rd Street Cambridge, MA 02142
  • Company Description
    DataXu is a cutting-edge Cambridge, Massachusetts-based company formed by MIT alums and professionals. Our product will cause the next revolution in Internet advertising by disrupting how advertising is bought and sold on the Internet. Our proprietary technology is a high-performance real-time, automated, self-learning decision-support system that matches advertisers, publishers, and web users at a rate of hundreds of thousands of requests per second.
  • Website
    http://www.dataxu.com/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Atlas Venture
  • Venture Investor
    Flybridge Capital Partners