PubMatic Inc (PUBM) Sector
Information Technology

(Current) $16.48
-0.01 (-0.06%) Open Price: 16.83

PubMatic Inc. is an advertising technology company that specializes in providing a programmatic advertising platform for digital publishers and advertisers. Founded in 2006 by Rajeev Goel, Anand Das, and Mukul Kumar, PubMatic has grown to become a prominent player in the digital advertising industry.

The company's primary focus is to enable publishers to monetize their digital content effectively while offering advertisers a platform to reach their target audience efficiently. PubMatic's technology automates the process of buying and selling digital advertising space in real-time auctions, using advanced algorithms and data analytics to optimize ad placements and maximize revenue for publishers.

PubMatic's platform caters to a wide range of digital advertising formats, including display ads, mobile ads, video ads, and native ads. With a vast network of publishers and advertisers, the company strives to provide a seamless and transparent ecosystem for the buying and selling of ad inventory.

In 2013, PubMatic expanded its presence globally and established offices in various countries, including the United States, United Kingdom, France, Germany, India, and Singapore. By broadening its international footprint, the company aimed to tap into new markets and serve a diverse clientele.

In terms of financials, PubMatic became a publicly traded company on December 9, 2020. It was listed on the Nasdaq Global Select Market under the ticker symbol "PUBM." The initial public offering (IPO) was a significant milestone for the company, signaling its growth and success in the competitive advertising technology sector.

PubMatic's success can be attributed to its commitment to innovation and technological advancements in programmatic advertising. The company continuously invests in research and development to enhance its platform's capabilities, providing its clients with cutting-edge solutions to stay ahead in the rapidly evolving digital advertising landscape.

(12/02/24) $16.83
(12/03/24) $16.49
(12/03/24) (Qty.)45,398
(12/02/24) $15.80
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(11/17/24) $14.42
(12/01/24) $16.99
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