OpenX, one of the largest ad server for publishers on the web that recently launched its OpenX Market an online auction sites for ads has raised $10 million in Series C. What surprises me more is the fact that the funding comes from new investors; DAG ventures who led the round. Existing investors which include Accel Partners, Mangrove Capital and First Round Capital also participated. The company has been growing exponentially mustering close to forty thousand investors that represent 150,000 websites. With this current rate of growth it becomes a bit less surprising that it has managed to attract new investors who see the potential behind its platform.
