FreakOut, Japan’s first and largest DSP, approved for June IPO

FreakOut, Japan’s first and largest demand-side platform (DSP) for real-time bidding (RTB) on digital advertising was approved for IPO on the Tokyo Stock Exchange’s Mothers index earlier today. The company will be listed starting June 24. Tokyo-based GMO Venture Partners revealed that it provided US$1.5 million in series A funding for FreakOut back in February 2012. The firm expressed strong admiration for FreakOut CEO Yuzuru Honda, a serial entrepreneur in Japan whose match advertising business Brainer was acquired by Yahoo Japan in 2008.