# AppNexus funding: rounds and investors

> AppNexus has raised $404M across 9 rounds since 2007. Investors include First Round Capital, Venrock and Khosla Ventures. Every round with its source.

Source: https://millionrounds.com/company/appnexus (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *AppNexus*

9 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Martech

Funding summary Updated 26 Oct 2026

**$404M** raised across 9 rounds since 2007, from 9 sources

**$2.5M** Seed **$8.0M** Series B **$5.0M** Series B **$50M** Series C **$75M** Series D **$60M** Series E **$110M** Series E **$63M** Series F **$31M** Round

- **Latest round:** Round, $31M Sept 2016
- **Biggest round:** $110M Series E · Sept 2014
- **Investors:** 15

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2009 2011 2013 2015

**$2.5M** Seed

**$8.0M** Series B

**$5.0M** Series B

**$50M** Series C

**$75M** Series D

**$60M** Series E

**$110M** Series E

**$31M** Round

- **First round:** Seed, $2.5M
- **Biggest round:** $110M
- **Usual gap between rounds:** 14 months

[**AppNexus** Marketing 1 /? Their pitch deck **AppNexus's pitch deck** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/appnexus)

## The rounds

- **Sept 2016** Round **$31M** *2 new* [News Corp.](https://millionrounds.com/fund/news-corp) [Yahoo! Japan](https://millionrounds.com/fund/yahoo-japan) Reported by Businessinsider
- **Apr 2015** Series F **$63M** No investor was named in the report. From a historical funding record SEC filing: $63M sold, first sale Apr 2015
- **Sept 2014** Series E **$110M** *1 new* [WPP](https://millionrounds.com/fund/wpp) From a historical funding record SEC filing: $60M sold, first sale Aug 2014
- **Aug 2014** Series E **$60M** No investor was named in the report. From a historical funding record SEC filing: $60M sold, first sale Aug 2014
- **Jan 2013** Series D **$75M** *2 new* *1 returning* [Venrock](https://millionrounds.com/fund/venrock) [TCV](https://millionrounds.com/fund/tcv) [Tribeca Venture Partners](https://millionrounds.com/fund/tribeca-venture-partners) Reported by techcrunch.com SEC filing: $72M sold, first sale Jan 2013
- **Oct 2010** Series C **$50M** *1 new* *2 returning* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Venrock](https://millionrounds.com/fund/venrock) [Microsoft](https://millionrounds.com/fund/microsoft) Reported by techcrunch.com
- **Nov 2009** Series B **$5.0M** *3 returning* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Venrock](https://millionrounds.com/fund/venrock) [Kodiak Venture Partners](https://millionrounds.com/fund/kodiak-venture-partners) Reported by finsmes.com
- **Sept 2008** Series B **$8.0M** *2 new* *2 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Venrock](https://millionrounds.com/fund/venrock) [Kodiak Venture Partners](https://millionrounds.com/fund/kodiak-venture-partners) Reported by pehub.com
- **Dec 2007** Seed **$2.5M** *7 new* [SV Angel](https://millionrounds.com/fund/sv-angel) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Ron Conway](https://millionrounds.com/fund/ron-conway) [Marc Andreessen](https://millionrounds.com/fund/marc-andreessen) [Ben Horowitz](https://millionrounds.com/fund/ben-horowitz) [Coriolis Ventures](https://millionrounds.com/fund/coriolis-ventures) From a historical funding record

## Founders and team

From the SEC filings it signed: 4 on the team.

- **Brian O'Kelley** Executive Officer, Director, Promoter i
- **Jonathan Hsu** Executive Officer i
- **Michael Rubenstein** Executive Officer, Director i
- **Nithya Das** Executive Officer i

On the board, as filed i *Brian Lesser* *Chip Meakem* *David O'Hara* *David Yuan* *Edwin Gillis* *Elisabeth DeMarse* *Michael Tyrrell*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2008 **Series B** 2009 **Series C** 2010 **Series D** 2013 **Series E** 2014 **Series E** 2014 **Series F** 2015 **Round** 2016 [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Venrock](https://millionrounds.com/fund/venrock) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Kodiak Venture Partners](https://millionrounds.com/fund/kodiak-venture-partners) [SV Angel](https://millionrounds.com/fund/sv-angel) [TCV](https://millionrounds.com/fund/tcv) [Ron Conway](https://millionrounds.com/fund/ron-conway) [Tribeca Venture Partners](https://millionrounds.com/fund/tribeca-venture-partners) [Microsoft](https://millionrounds.com/fund/microsoft) [Marc Andreessen](https://millionrounds.com/fund/marc-andreessen)

## Everyone who backed them

[First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **4** rounds

[Venrock](https://millionrounds.com/fund/venrock) VC firm **4** rounds

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **2** rounds

[Kodiak Venture Partners](https://millionrounds.com/fund/kodiak-venture-partners) VC firm **2** rounds

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[TCV](https://millionrounds.com/fund/tcv) Private equity **1** round

[Ron Conway](https://millionrounds.com/fund/ron-conway) Angel **1** round

[Tribeca Venture Partners](https://millionrounds.com/fund/tribeca-venture-partners) VC firm **1** round

[Microsoft](https://millionrounds.com/fund/microsoft) Corporate VC **1** round

[Marc Andreessen](https://millionrounds.com/fund/marc-andreessen) Angel **1** round

[WPP](https://millionrounds.com/fund/wpp) Growth equity **1** round

[News Corp.](https://millionrounds.com/fund/news-corp) Growth equity **1** round

[Ben Horowitz](https://millionrounds.com/fund/ben-horowitz) VC firm **1** round

[Coriolis Ventures](https://millionrounds.com/fund/coriolis-ventures) VC firm **1** round

[Yahoo! Japan](https://millionrounds.com/fund/yahoo-japan) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=appnexus).

## Quick answers about AppNexus

### Who invested in AppNexus?

AppNexus's investors include First Round Capital, Venrock, Khosla Ventures, Kodiak Venture Partners and SV Angel, and 10 more on record.

### How much has AppNexus raised?

AppNexus has raised $404M across 9 rounds since 2007.

### When did AppNexus last raise?

AppNexus's most recent round was an Undisclosed round of $31M in Sept 2016.

### What was AppNexus's biggest round?

AppNexus's largest round on record is $110M (Series E), in Sept 2014.

### Who backed AppNexus first?

AppNexus's first round on record, in Dec 2007, was backed by SV Angel, Khosla Ventures and First Round Capital and 4 others.

### What stage is AppNexus at?

AppNexus's latest named round is an Undisclosed round, in Sept 2016.

### Where is AppNexus based?

AppNexus is based in the United States.

## Companies like AppNexus

In the same sector, and raised in the last eighteen months.

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