August 12, 2014 | According to a “Calcalist” report, Taboola is currently raising between $80-90 million in order to reach a $1.5 billion valuation. Most of the investments are likely to come from private individuals and not public companies. The investment round is also expected to be the largest since the company was founded in 2007 by Adam Singolda, a move that some believe will precede the company going public on NASDAQ and define its value. Taboola is a content recommending service for websites without accessing users’ personal information.
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