xAD Secures $42,500,000 Series E Funding Round

  • Feed Type
  • Date
    11/16/2016
  • Company Name
    xAD
  • Mailing Address
    401 Park Avenue South 11th Floor New York, NY 10016 USA
  • Company Description
    xAD publishers and advertisers benefit from the scale and reach of the LocalAdXchange platform. The LocalAdXchange manages billions of search and ad requests with the largest combined network of local and national performance-based advertisers.
  • Website
    http://www.xad.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $42,500,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    The latest round of funding will accelerate xAd’s commitment to help the world better understand and apply this fast-growth and emerging technology to communities in critical times of need (as seen with Location for Good), not just helping businesses improve sales.
  • M&A Terms
  • Venture Investor
    Eminence Capital
  • Venture Investor
    W Capital Partners
  • Venture Investor
    IVP
  • Venture Investor
    Emergence Capital Partners