Matomy Raises $70M In London Public Offering

July 9, 2014 | Matomy Media Group raised a total of $70 million following their initial public offering (IPO) on the London Stock Exchange. Following the offering, the digital ad company was valued at $347 million. The offering closed just after one day at a price of 227 pence ($3.89), with Matomy offering up 21 percent of the company to new investors.

Matomy was founded in 2007 by Ofer Druker and is controlled by Ilan Shiloach and specializes in digital and mobile advertising.