Magnite

Broomfield, United States Founded: 2007 • Age: 19 yrs Acquired By Magnite
Magnite is recognized as a leading independent sell-side advertising company.
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About Magnite

Magnite is a company based in Broomfield (United States) founded in 2007 was acquired by Magnite in February 2021. It operates as a SaaS (Software-as-a-Service), and Commission-Based. Magnite has raised $12 million across 1 funding round from investors including Magnite, RTL and H.I.G. Growth Partners. Magnite has completed 1 acquisition, including Magnite. Magnite offers products and services including SpringServe and DV+ Streaming. Magnite operates in a competitive market with competitors including Kevel, Operative, Smart AdServer, Apptera and Cinemacraft, among others.

  • Headquarter Broomfield, United States
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Magnite, Inc.
Operational Areas
Media & Entertainment → Marketing, Advertising & Adtech
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12 M (USD)

    in 1 rounds

  • Latest Funding Round
    $12 M (USD), Series A

    Dec 30, 2010

  • Investors
    Magnite

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Magnite

    & 1 more

    (Feb 05, 2021)

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Products & Services of Magnite

Magnite offers a comprehensive portfolio of products and services, including SpringServe and DV+ Streaming. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Streaming ad server and SSP for media owners.

Platform for programmatic advertising in streaming media.

Funding Insights of Magnite

Magnite has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series A round of $12 million completed in December 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $12.0M
  • First Round

    (30 Dec 2010)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2010 Amount Series A - Magnite Valuation H.I.G. Growth Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Magnite

Magnite has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Magnite, RTL and H.I.G. Growth Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are made in the United States.
Founded Year Domain Location
RTL is recognized as Europe’s leading entertainment brand.
Founded Year Domain Location
SSP software is provided for publishers' content monetization across screens.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Magnite

Magnite has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Magnite. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
SSP software is provided for publishers' content monetization across screens.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Magnite

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Magnite Comparisons

Employees
+
Add Comparison
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Competitors of Magnite

Magnite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kevel, Operative, Smart AdServer, Apptera and Cinemacraft, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of content management and outdoor advertising services
domain founded_year HQ Location
SaaS platform for automating ad trafficking in media is provided.
domain founded_year HQ Location
Premium ad serving solutions are delivered to global publishers.
domain founded_year HQ Location
Provider of ad server solutions
domain founded_year HQ Location
Interactive video content is monetized through dynamic embeds for brands.
domain founded_year HQ Location
Patented Interest Graph technology is used for social ad targeting.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Magnite

When was Magnite founded?

Magnite was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Magnite located?

Magnite is headquartered in Broomfield, United States. It is registered at Broomfield, Colorado, United States.

Is Magnite a funded company?

Magnite is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series A of $12M, raised on Dec 30, 2010.

What does Magnite do?

Magnite is established as the largest independent sell-side advertising company, focusing on programmatic advertising solutions. Services are provided to media owners and advertisers across streaming, online video, display, and audio formats. Operations span global markets with a comprehensive approach to privacy, brand safety, and transparency. Partnerships are maintained with top media owners and brands to enhance audience reach and monetization. Innovations like SpringServe and DV Streaming are developed to support connected TV and live sports advertising. Retail media and commerce media expansion are also facilitated through strategic collaborations.

Who are the top competitors of Magnite?

Magnite's top competitors include Kevel, YANGAROO and Operative.

What products or services does Magnite offer?

Magnite offers SpringServe and DV+ Streaming.

How many acquisitions has Magnite made?

Magnite has made 1 acquisition, including Magnite.

Who are Magnite's investors?

Magnite has 3 investors. Key investors include Magnite, RTL, and H.I.G. Growth Partners.

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