Right Media
AcquiredThe open marketplace for digital advertising
New York, United States · Founded 2003 · $45.0M raised
- Headquarters
- New York, New York
- Employees
- 51–200
- Founded
- 2003
- Business Model
- B2B
- Website
- rightmedia.com
- Total Funding
- $45.0M
- Last Round
- $45.0M Series BOct 2006
- Rounds
- 2
- Acquisition Date
- Jul 2007
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Right Media Inc. was a New York-based online advertising company that operated the Right Media Exchange (RMX), the first open online advertising marketplace enabling advertisers, publishers, and ad networks to buy and sell digital media. Founded in March 2003 by Michael Walrath, the company pioneered dynamic CPM pricing and programmatic ad buying. Yahoo! made a strategic investment in October 2006 and completed the acquisition of Right Media in July 2007 for approximately $680 million. Yahoo! ultimately shut down the Right Media Exchange in January 2015.
Summary
Right Media is an Analytics company based in New York, United States, founded in 2003. It has raised $45.0M in total across 2 rounds, most recently a $45.0M Series B round in Oct 2006. Investors include Yahoo and Redpoint Ventures.
Funding & Exit History
Jul 2007
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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