MediaMath closed a new $175 million senior secured credit facility led by Goldman Sachs, in partnership with Santander Bank. MediaMath will use this new line of credit to refinance existing debt facilities and fund its ongoing growth objectives.

Joe Zawadzki, chairman and CEO of MediaMath, said, “We’re thrilled to work with Goldman Sachs and Santander, who are equally ambitious to support the growing scale of our business today, and motivated to support the needs of a reimagined and increasingly sophisticated supply chain in the future.”

Akin Bay Company, a New York-based investment bank, acted as the sole placement agent and debt advisor to MediaMath for the financing.

MediaMath’s technology and services help brands and their agencies drive business outcomes through programmatic marketing.