Madhive, A Leading Ctv Advertising Software Platform, Announces A $300 Million Investment From Goldman Sachs Asset Management
Madhive, A Leading Ctv Advertising Software Platform, Announces A $300 Million Investment From Goldman Sachs Asset Management
06/13/23, 12:10 PM
Location
Money raised
$300 million
Industry
marketing
advertising
Investors
Mike Gasbara, Goldman Sachs Asset Management
Madhive, a leading advertising software platform engineered for modern TV advertising, announced today that it has signed a definitive agreement with the Private Equity business within Goldman Sachs Asset Management (“Goldman Sachs”) for a $300 million investment in the company.
Company Info
Location
new york, new york, united states
Additional Info
Madhive is the leading technology company engineered for modern TV advertising. Through its self-service platform, Madhive modernizes legacy systems, enabling advertisers to seamlessly automate the ad buying process into one operating system. This allows advertisers to plan, target, activate, and measure their campaigns with greater simplicity, accountability, reach, and control. Powered by an industry-leading bidder and device graph that processes 260 billion available ad opportunities per day, Madhive delivers precise, brand-safe audience connections efficiently at scale. The company is trusted by the leading local content owners, creators, and distributors, including FOX, Scripps and TEGNA, as well as national agencies and brands, powering more than a quarter billion dollars in media in media across 20,000+ daily campaigns.