Beeswax Raises $11 Million to Fund Growth

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Today we announced the completion of an $11 million “A” round funding led by RRE and the Foundry Group.

You can read about it in Techcrunch.

There are many people to thank for helping us achieve this milestone, but first and foremost are our amazing, innovative, and creative customers. When we introduced the Bidder-as-a-Service, our goal was to change the AdTech landscape and give customers the power and flexibility of their own programmatic “stack” with dramatically lower cost. What we could not have anticipated was the innovation our customers would build on top of the platform. We’re proud to have supported such innovators, and are looking forward to seeing what’s next.

But we still have a long way to go. We are using the funds to grow our infrastructure and reliability, both in the US and Europe, and to continue building out our industry-leading Bidder-as-a-Service offering. We’re also going to expand our team significantly, with a particular focus on engineering and client services to ensure both Beeswax and our customers remain agile as we scale.

Feel free to reach out to tell us how we’re doing or how we can be better. We are looking forward to continuing our work together.

Ari Paparo