Admeld
Admeld is a technology company.
Financial History
Admeld has raised $30.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has Admeld raised?
Admeld has raised $30.0M in total across 3 funding rounds.
Admeld is a technology company.
Admeld has raised $30.0M across 3 funding rounds.
Admeld has raised $30.0M in total across 3 funding rounds.
Admeld has raised $30.0M in total across 3 funding rounds.
Admeld's investors include Catapult Capital, Foundry Group, Norwest Venture Partners, Spark Capital.
Admeld was a pioneering ad tech company that built a supply-side platform (SSP) for online publishers, enabling them to optimize ad inventory sales across networks, capture new revenue, control impression sales, and protect data and brand integrity.[1][2][3] It served major publishers like The Weather Channel, IDG TechNetwork, The New York Times Company, Hearst, Tribune, and Gannett, addressing the problem of fragmented ad demand by integrating with demand-side platforms (DSPs) and ad networks for better monetization and audience insights.[1][3] Founded in 2007 in New York, Admeld raised $30M from investors including Foundry Group, Spark Capital, Norwest Venture Partners, and Time Warner Investments before achieving rapid growth and acquisition by Google in June 2011 for a reported $400M.[1][3][6]
Admeld was co-founded in 2007 by Ben Barokas and Brian Adams, who had previously collaborated at JumpTV and AOL, alongside CEO Michael Barrett, who brought sales expertise from Fox Interactive Media, AOL Media Networks, GeoCities/Yahoo, and Disney Online.[2][3][6] The idea emerged amid the dawn of real-time bidding (RTB) in ad tech—marked by major 2007 deals like Google's DoubleClick acquisition—spotting a gap for publishers to manage supply-side optimization as exchanges like Right Media proliferated.[4][5] Early traction built through U.S. and European launches, strong VC backing from Spark Capital's Santo Politi, and partnerships with top publishers, culminating in its high-value Google acquisition after raising just $30M; founders weighed scaling independently but opted for the deal, which passed U.S. Justice Department scrutiny despite industry peers like PubMatic and Rubicon Project having larger operations at the time.[1][3][4][6]
Admeld stood out in the early SSP landscape through:
Admeld rode the RTB and programmatic ad explosion in the late 2000s, capitalizing on publishers' need for tools amid consolidations like Google-DoubleClick and Microsoft-aQuantive, which shifted power toward demand-side efficiency.[4][5] Its timing was ideal: pre-acquisition, it empowered publishers against ad network dominance, influencing the ecosystem by popularizing SSPs as essential for inventory yield management.[1][4] Market forces like rising digital ad spend and data-driven targeting favored Admeld, whose tech bolstered Google's publisher offerings (evolving DFP into GAM), standardizing supply-path optimization and enabling larger media firms to compete in automated auctions.[3][4] This acquisition reshaped ad tech, accelerating Google's dominance while validating early SSP models that PubMatic and others expanded.
Admeld's legacy endures through its tech integration into Google Ad Manager, which remains a cornerstone for publisher monetization, even as privacy regulations and cookieless futures challenge ad tech.[4] Post-acquisition, co-founder Ben Barokas advanced Google's Global Marketplace before founding Sourcepoint in 2015 for privacy tools, highlighting Admeld's forward influence on consent and data control.[2][4] Looking ahead, Admeld's blueprint shapes ongoing SSP evolution amid trends like AI-driven auctions, header bidding, and first-party data shifts—its story underscores how early supply-side innovation can redefine publisher empowerment in a maturing programmatic ecosystem.[1][4][8]
Admeld has raised $30.0M across 3 funding rounds. Most recently, it raised $15.0M Series C in July 2010.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2010 | $15.0M Series C | Catapult Capital, Foundry Group, Norwest Venture Partners, Spark Capital | |
| Jun 1, 2009 | $8.0M Series B | Foundry Group, Spark Capital | |
| Nov 1, 2008 | $7.0M Series A | Foundry Group, Spark Capital |