Hudson MX Announces Completion of Series D Financing of up to $63.5 Million Led by Ascential plc

Feb 03, 2021•over 4 years ago

Amount Raised

$63 Million

Round Type

series d

New York

Description

Hudson MX, an advertising technology business providing media buying and media accounting solutions globally through a cloud-based SaaS platform, today announced completion of its series D financing led by Ascential plc (LSE: ASCL.L), the specialist information, data and analytics company. The financial round provides up to $63.5 million in Hudson MX funding.

Company Information

Company

Hudson Mx:

Location

New York, New York, United States

About

Hudson MX provides media buying and media accounting solutions globally through a cloud-based SaaS platform. Founded in 2016 with a mission to bring the technology underpinning the advertising ecosystem into the 21st Century, Hudson MX has created the first modern, connected media buying and accounting solution flexible enough to meet any current and future needs. The Company rapidly expanded its AgencyCloud™ API suite for vendors and sellers and configured its core platform, initially proven in the local broadcast ecosystem, to all media types and users. Its flagship BuyerAssist™ solution, available for all digital and traditional media types, has been used to process billions of dollars of media buys for 27 leading agencies in all 210 U.S. markets, servicing over 200 national advertisers. Hudson MX continues to expand its team of 400 people, including 300 engineers, by recruiting the best and brightest for its New York and Atlanta dual headquarters. Learn more about Hudson MX at http://www.hudsonmx.com, LinkedIn and Twitter (@HudsonMXinc).

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