Press Release

Openads Secures $5 Million Series A Financing From Leading European Venture Capitalists

Openads, the developer of a free, open source adserver designed for and used by publishers worldwide, secured a $5 million Series A financing led by Index Ventures, with participation from First Round Capital, Mangrove Capital Partners, and O’Reilly AlphaTech Ventures. The London-based company plans to use the funds to accelerate product development and expand its team.