PubMatic Puts Publishers in Control with Major OpenWrap Enhancements

About this update from Pubmatic, Inc.

[{"type":"text","content":"New Omnichannel Upgrades for OTT, Mobile App Developers, and Web PublishersNO-HEADQUARTERS/REDWOOD CITY, Calif., Sept. 19, 2022 (GLOBE NEWSWIRE) -- PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today announced a series of major investments in OpenWrap, the company’s unified auction solution for publishers. Recent enhancements to OpenWrap give publishers, including app developers, increased flexibility and improved performance with omnichannel and platform-specific enterprise-grade developer customization. As a leading independent wrapper solution globally, OpenWrap gives publishers more control over their programmatic advertising business. There has been strong momentum for the solution: As of Q2 of 2022, PubMatic revenue from OpenWrap has nearly doubled year-over-year. OpenWrap is built on the open-source Prebid codebase, which provides publishers greater control, transparency and innovation. With new OpenWrap features, sellers can clearly examine and activate the levers that contribute to delivering incremental performance. PubMatic has released a suite of enhanced capabilities to create value across web, CTV/OTT and mobile app. All publishers and developers leveraging OpenWrap will now gain: Yield improvements – Floors designed to increase revenue, ad refresh at no cost, and levers that lift CPMs while maintaining fill.Upgraded management API – Customize OpenWrap to better fit the tech stack, and gain access to new automation and API options that add flexibility.Enhanced analytics – Holistic, data-visualized and real-time view of their ad business. Additionally, OpenWrap has released new capabilities that deliver platform-specific benefits: Web publishers can now utilize more than 40 Prebid modules to leverage multiple, third-party-developed technology with efficient and unbiased integration.Mobile app developers can now seamlessly integrate with the top mobile mediation providers, leveraging OpenWrap’s SDK to gain access to PubMatic’s global brand demand.OTT publishers can now benefit from in-line bidding, capturing the full power of a unified auction that connects with third-party ad servers. “PubMatic provides top-notch technology support that allows Leaf Group to save time and resources while keeping our focus on content creation,” said Corey Wong, ...

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