ironSource Raises $20M

ironsourceironSource, a Tel Aviv, Israel-based digital delivery company, an additional $20m investment.

The round was led by Access Industries. In conjunction with the funding, Daniel Shinar, Daniel Shinar, who led the deal for Access, will join ironSource as a Board Observer.

The company intends to use the funding, which added to the approximately $85m raised by ironSource in September 2014, and closed the round at over $100m, to increase its market share, expand its product offering, and continue its plans for global expansion and strategic acquisitions.

Established in 2010 by Tomer Bar-Zeev, CEO, ironSource offers a cross platform ecosystem for apps providing a comprehensive solution to handle the distribution, delivery and monetization of web, desktop and mobile applications. The platform currently handles over 7 million installs per day and has over 70,000 applications utilizing the mobileCore SDK.
The company, which has approximately 500 employees based in Tel Aviv, Beijing, San Francisco and New York, plans to open offices in Europe and South America.



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