Open Source Ad-Server company Openads has been in the news recently for many good things — it got a $15.5 million Series B fund. Earlier, it got a $5 million in Series A capital fund, led by Index Ventures, with participation from First Round Capital, Mangrove Capital Partners, and O’Reilly AlphaTech Ventures.
Openads also rebranded itself yet again as OpenX. It may be noted that OpenAds was re-branded from its earlier incarnation — PHPAdsNew. OpenX is perhaps one of the most popular Ad-Server used by many Publishers. They’ve an estimated 30,000 Publishers using the software on over 100,000 sites spreading across 150 odd countries, in more than 20 languages. Even Federated Media is built on top of OpenX and TechCrunch uses OpenX to serve ads on its site.