Beeswax - About the company
Beeswax is an acquired company based in New York City (United States), founded in 2014 by Ram Kumar Rengaswamy and Shamim Samadi. It operates as a Provider of programmatic advertising solutions for media buying and transactions. Beeswax has raised $28.3M in funding from investors like RRE Ventures, Amasia and Foundry, with last known valuation of $*****. The company has 355 active competitors, including 42 funded and 58 that have exited. Its top competitors include companies like AppNexus, Quantcast and The Trade Desk.
Company Details
Provider of programmatic advertising solutions for media buying and transactions. The company offers buy-side bidder solutions that enable automated media buying across video and omnichannel advertising markets. Core offerings include Bidder-as-a-Service and a demand-side platform. These provide clients with agility, custom optimizations, and extensible application programming interfaces.
- Website
- beeswax.com
- Social
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Acquired
Total Funding
$28.3M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 31, 2019
Investors
Ranked
11th among 355 active competitors
Employee Count
47 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by FreeWheel (Dec 17, 2020)
Legal entities associated with Beeswax
Beeswax is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BEESWAX.IO CORPORATION CIN: 471749214 , United States, Active | Dec 31, 1999 | - | 33 (As on Dec 31, 2017) | - |
Beeswax's acquisition details
Beeswax got acquired by FreeWheel on Dec 17, 2020.
Click here to take a look at Beeswax's acquisition in detail
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Beeswax's funding and investors
Beeswax has raised a total funding of $28.3M over 4 rounds. Its first funding round was on Jul 2015. Its latest funding round was a Series B round on Jan 22, 2019 for $*****. 4 investors participated in its latest round. Beeswax has 11 institutional investors.
Here is the list of recent funding rounds of Beeswax:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 22, 2019 | 7050304 | Series B | 7220135 | 3154878 | 7483747 | 8576658 |
Sep 09, 2016 | 6666928 | Series A | 2392569 | 7409009 | 9342776 | 9097959 |
Jan 29, 2016 | 2440272 | Series A | 8930835 | 9383261 | 2962749 |
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Beeswax's founders and board of directors
Founder? Claim ProfileThe founders of Beeswax are Ram Kumar Rengaswamy and Shamim Samadi.
Here are the details of Beeswax's key team members:
- Ram Kumar Rengaswamy: Former Co-Founder & CTO of Beeswax and founder of 1 other company. Contact Info: 1 email address
- Shamim Samadi: Former Co-Founder of Beeswax. Contact Info: 1 email address
View details of Beeswax's Founder profiles and Board Members
Beeswax's employee count trend
Beeswax has 47 employees as of May 26. Here is Beeswax's employee count trend over the years:
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Beeswax's Competitors and alternates
Top competitors of Beeswax include AppNexus, Quantcast and The Trade Desk. Here is the list of Top 10 competitors of Beeswax, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AppNexus 2007, New York City (United States), Acquired | Full Stack Programmatic Advertising Technology | $319M | 74/100 | |
2nd |  Quantcast 2006, San Francisco (United States), Acquired | AI powered data management platform | $61.7M | 71/100 | |
3rd | The Trade Desk 2009, Ventura (United States), Public | Provider of a platform for data-driven, omnichannel advertising campaign management | $82.5M | 70/100 | |
4th |  Viant 1999, Irvine (United States), Public | Provider of a demand-side platform for programmatic advertising solutions | $15.3M | 67/100 | |
5th | Cross-Screen Demand-Side Platform | $98M | 66/100 | ||
6th | Provider of media buying platform designed to unlock advertising potential | $50.2M | 65/100 | ||
7th |  MadHive 2015, New York City (United States), Series D | Provider of technology for local connected television advertising and media sales | $307M | 62/100 | |
8th |  Turn 2004, Redwood City (United States), Acquired | Demand-side and data management platform | $160M | 59/100 | |
9th | MediaMath 2007, New York City (United States), Series D | Programmatic demand side platform | $500M | 59/100 | |
10th |  Rocket Fuel 2008, Redwood City (United States), Acquired | AI-based programmatic media-buying platform | $60M | 58/100 | |
11th | Beeswax 2014, New York City (United States), Acquired | Provider of programmatic advertising solutions for media buying and transactions | $28.3M | 58/100 |
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Beeswax's Investments and acquisitions
Beeswax has acquired Mediagamma. Beeswax has not made any investments as of now.Reports related to Beeswax
Here is the latest report on Beeswax's sector:
News related to Beeswax
Filter this list•
DSPolitical and Beeswax Announce First-to-Market Partnership to Revolutionize Voter Targeting Through Advanced CTV TechnologyBusiness Wire•Aug 21, 2024•DSPolitical, Beeswax, FreeWheel
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DecenterAds Unveils Cutting-Edge DSP on FreeWheel’s Industry-Leading Buy-Side PlatformBusinessnewsthisweek•Jul 09, 2024•Beeswax, Decenterads, FreeWheel
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FreeWheel’s Acquisition of BeeswaxIO CorporationGlobal Legal Chronicle•Jan 05, 2021•FreeWheel, Beeswax
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DoubleVerify & Beeswax Partner To Maximize Digital Media Quality & Effectiveness For AdvertisersAiThority•Aug 12, 2020•DoubleVerify, Beeswax
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Beeswax Introduces Bid Models, to Improve Bidding Algorithms for Media BuyersMarTech Advisor•Apr 17, 2019•Beeswax
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Beeswax Secures $15 Million in Series B Following 2018's record 150% year-over-year revenue growthPR Newswire•Jan 22, 2019•Beeswax, RRE Ventures, Foundry, Amasia and 1 other
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The former Google execs behind ad-tech startup Beeswax banned the obvious word from their name, and it's worked exactly as they plannedBusiness Insider•Oct 11, 2018•Beeswax
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