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AppNexus, a New York-based company that offers a platform for buying online advertising inventory, says its longtime client Microsoft was among the investors participating in its latest round of funding, which totaled $50 million.
The deal is notable in part because Microsoft doesn't take part in many large, VC-style investments. The exact size of Microsoft's stake in the company wasn't disclosed. Others participating in the round included existing AppNexus investors Venrock, Kodiak Venture Partners and First Round Capital...
View Full Article: Todd Bishop's Microsoft Blog
The deal is notable in part because Microsoft doesn't take part in many large, VC-style investments. The exact size of Microsoft's stake in the company wasn't disclosed. Others participating in the round included existing AppNexus investors Venrock, Kodiak Venture Partners and First Round Capital...
