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OpenX in the News

  • July 8, 2011 / Los Angeles Times

    William and Kate endorse London tech scene, play with HP TouchPad at L.A. event

    If you were Britain, whom would you enlist to help promote London's up-and-coming answer to Silicon Valley? Well how about the royal couple, William and Kate?

    The Duke and Duchess of Cambridge flew in from Canada to join a conference of venture investors and media executives in Beverly Hills on Friday evening, where the headline topic was how London's new "Tech City" could become a major technology center.

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  • July 7, 2011 / Investors.com

    Prince William & Kate Come to L.A. To Promote Tech

    While the tabloids and paparazzi are going gaga over the imminent arrival of Prince William and his new bride Kate Middleton to Los Angeles on Friday, the Duke and Duchess of Cambridge are getting down to more serious business. One of their first visits will be to a tech panel at the Beverly Hilton to promote London’s “Tech City.” The area in east London “is the fastest-growing technology hub in Europe,” according to the British Consulate-General office in San Francisco. The Royal Couple will attend the panel titled “Case Study on Tech City,” which includes CEOs of British descent who now run successful U.S. companies. Among them are Tim Cadogan, CEO of OpenX. (He recently did this Q&A with IBD.) Another is Dominic Wheatley, co-founder and chairman of SocialGo.

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  • June 27, 2011 / Investor's Business Daily

    OpenX Takes On Google, Others In Online Display Ads

    The technology of online display advertising is evolving rapidly, says Tim Cadogan, chief executive of OpenX. His startup recently received $20 million in funding led by the venture capital units of SAP (SAP) and AOL (AOL), along with two big Japanese groups, Mitsui Global Investment and Sumitomo's Presidio Ventures. It's now received $50 million in total funding.

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  • The Wall Street Journal

    June 6, 2011 / The Wall Street Journal

    Clearing The Online-Ad Landscape

    "...investors continue to pour money into a host of hot new technology firms. Online-ad firm OpenX Technologies Inc. last week closed a $20 million round of funding led by SAP Ventures, bringing total investment in OpenX to more than $50 million..."

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  • June 6, 2011 / Los Angeles Business Journal

    Venture Capital to Trigger Wave of Hiring at OpenX

    OpenX Technologies Inc. in Pasadena, which last week announced it had raised $20 million of venture capital in a new round... The company, which puts display advertisements on Groupon and other websites, grew its revenues by 600 percent last year. But Chief Executive Tim Cadogan believes hiring about 25 sales people will accelerate growth even faster. The company currently has about 100 employees.

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