Openads Receives $5 Million In Capital

The popular ads management program, Openads, has just received $5 million in capital to fund the business, an impressive feat. Though not of real importance to those who don’t run a website, it’s a great program to ad handling, with the best part of it being that it’s free. The profits will be earned by developing useful add-ons.

Openads, formerly called phpadsnew, is the most popular adserver solution when measured by number of publishers using it. They have 25,000 publishers using the sofware on 100,000 sites in 140 different countries and in 20 languages.

Source: Tech Crunch