StackAdapt Inc., a Toronto-based programmatic advertising startup, recently announced it raised $235 million in a funding round led by Teachers' Venture Growth, increasing total funds raised to over $500 million. Founded in 2014, StackAdapt leverages artificial intelligence to offer a multichannel advertising platform that emphasizes native ads, designed to blend seamlessly with their hosting platforms, thereby enhancing engagement. The company also supports various ad formats including video and connected TV ads, promoting real-time audience targeting and providing marketers with tools to create effective, data-driven advertising campaigns.
StackAdapt Inc., a programmatic advertising platform startup, has secured $235 million in funding, adding to its total of over $500 million raised since its inception.
The investment round, led by Teachers' Venture Growth, highlights StackAdapt's growing significance in the digital advertising industry, driven by its innovative approach to native ads.
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