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EnterpriseAdopterMGNIVERIFIED

Magnite

New York, NY, United States• Founded 2007

Magnite is an independent sell-side advertising platform (SSP) that helps publishers monetize digital advertising inventory across channels such as connected TV (CTV), online video, display, and audio. The company provides programmatic advertising technology that connects publishers with demand from agencies, brands, and demand-side platforms, with a focus on transparency and yield optimization.

AI Strategy

Magnite primarily applies machine learning to improve ad decisioning, forecasting, yield optimization, and fraud/brand-safety controls within its SSP and ad-serving products rather than developing foundation models. Its AI efforts are oriented toward performance and efficiency for publishers and buyers in programmatic marketplaces.

Key AI Products

Magnite StreamingMagnite DV+Magnite SpringServe (ad server)

Financials

Funding

Total Raised
$33 million venture funding (by April 2009) + $8 million venture debt

Business Focus

Ad techProgrammatic advertisingSupply-side platform (SSP)Connected TV (CTV) monetization

Competitive Analysis

Strengths

  • Strong position in CTV/streaming supply through acquisitions and publisher relationships
  • Independent SSP positioning vs. vertically integrated walled gardens
  • Omnichannel monetization capabilities (CTV, video, display)

Challenges

  • Exposure to cyclical advertising spend and macro conditions
  • Intense competition from large platforms and other independent SSPs
  • Dependence on third-party identity/measurement ecosystem changes

Competitors

Industries