Magnite

About

Magnite is a sell-side advertising platform that provides technology for publishers to monetize their content across all screens and format.

Los Angeles,California,United States
501 - 1000
https://www.magnite.com/

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: $400M
Industries: Advertising,Advertising Platforms,Content,Digital Media
Founded date: Jan 1, 2007
Number Of Employee: 501 - 1000
Operating Status: Active
Stock Symbol: nasdaq:MGNI
Legal Name: Magnite, Inc.

Magnite is a sell-side advertising platform that provides technology for publishers to monetize their content across all screens and formats. It combines Rubicon Project’s programmatic expertise with Telaria’s leadership in CTV.

Anchored in sunny Los Angeles, California, bustling New York, New York, and historic London, Magnite has offices across North America, EMEA, LATAM, and APAC.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$400M

Magnite has raised a total of $400M in funding over 2 rounds. Their latest funding was raised on Mar 18, 2021 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 18, 2021	Post-IPO Debt	$400M	—	—	—	Detail
Apr 4, 2014	IPO	—	—	—	—	Detail

Employee Profiles

Number of Employee Profiles

21

Magnite has 21 current employee profiles, including Executive Adam Soroca

Executive

Executive

Employee

Executive

Employee

Acquisition

Magnite has acquired 4 organizations. Their most recent acquisition was SpotX on Feb 5, 2021. They acquired SpotX for $1.14B.

Date Company Name	Industry	Acquisition Type	Price
Feb 5, 2021 SpotX	Advertising	acquisition	$ 1.14B	Detail
Jul 1, 2021 Springserve	Advertising	acquisition	$ 31M	Detail
Jan 5, 2022 Nth Party	SaaS	acquisition	—	Detail
Feb 28, 2022 Carbon RMP	Analytics	acquisition	—	Detail