OpenX Technologies Inc., a digital advertising technology provider backed by Accel Partners, Index Ventures and SAP Ventures, is acquiring LiftDNA. Terms of the deal were not released. LiftDNA is the maker of a supply side platform designed to help publishers optimize ad revenue. OpenX is based in Los Angeles.
OpenX Technologies, Inc. (OpenX), one of the world’s leading providers of digital advertising technology, today announced that Supply-Side Platform (SSP) LiftDNA will officially become part of OpenX. With the acquisition of LiftDNA, OpenX brings publishers a better way to optimize their ad revenue by unifying LiftDNA’s next generation SSP with OpenX’s premium ad server and its ad exchange into one seamless platform. Since LiftDNA’s solution is already integrated with OpenX’s platform, LiftDNA by OpenX™ is available immediately. The announcement was made at the Interactive Advertising Bureau’s Annual Leadership Meeting.
LiftDNA by OpenX™ increases revenue for publishers by using a breakthrough yield optimization approach: LiftDNA is the first and only yield optimization technology to work completely within a publisher’s ad server. By directly managing all non-guaranteed demand channels – Demand-Side Platforms (DSPs), ad networks, traditional SSPs and exchanges – from inside the ad server, LiftDNA is able to process all available pricing information for the publisher and thereby maximize competition and revenue. Furthermore, because it operates within the ad server, LiftDNA reduces discrepancies and system latency, both of which further increase publisher revenue.
Moreover, LiftDNA by OpenX™ can work within any ad server, not just OpenX Enterprise. This means publishers can quickly transform their existing ad servers into profit centers without switching. Since its launch in September 2009, LiftDNA customers have achieved revenue increases of 50-150% on average.
In addition to the publisher benefits, the combination of OpenX and LiftDNA will also provide benefits to buyers of ad inventory. In particular, the combination of OpenX Market and LiftDNA by OpenX™ creates a massive pool of Real-Time Bidding-enabled inventory totaling more than 100 billion ad impressions per month. The reach, scale and quality of this inventory provides one of the largest buying sources on the internet.
“We’re so excited about this acquisition because of the unique and innovative approach LiftDNA has taken to yield optimization,” said Tim Cadogan, chief executive officer, OpenX. “Building yield optimization directly into the ad server breaks the mold of remote, third party services, dramatically increases revenue and aligns perfectly with OpenX’s vision of providing publishers with a comprehensive revenue serving platform. We’re delighted to be able to bring this superior monetization solution to publishers around the world, starting today!”
“The philosophies of our two companies are so deeply aligned it made perfect sense to combine them,” said Vadim Telyatnikov, founder and chief executive officer, LiftDNA. “Furthermore, we have already been working with OpenX at a product level and together have successfully helped multiple clients since 2010. We’re thrilled at the opportunity to help more publishers make more money and build their businesses.”
LiftDNA by OpenX™ is available immediately. It is available in two primary packages, either fully integrated within OpenX Enterprise for clients that want the comprehensive revenue platform or as a standalone service. For more information, please visit www.liftDNA.com.
OpenX is one of the world’s leading providers of digital advertising technology, enabling businesses to manage and maximize their ad revenue. OpenX products, including OpenX Enterprise, OpenX Market and LiftDNA by OpenX™ provide a comprehensive revenue serving platform by combining ad serving, an ad exchange and a breakthrough approach to yield optimization.
OpenX Technologies, Inc. is based in Los Angeles and is backed by leading investors including Accel Partners, Index Ventures and SAP Ventures.