Article: Openads Closes $15.5 Million Series B Funding Led by Accel Partners.

Announces private beta of free, hosted version of popular Openads ad serving software

LONDON, Jan. 16 /PRNewswire/ -- Openads, the developer of the free, open source ad server now used by more than 30,000 publishers worldwide, today announced the completion of its Series B financing. The $15.5 million investment was led by Accel Partners, with participation from existing investors Index Ventures, First Round Capital, Mangrove Capital Partners and O'Reilly AlphaTech Ventures. The company will use the funds to accelerate product development and expand its team to support its large publisher community, which is now using Openads to deliver billions of ads daily in ...

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