ironSource Raises Additional $20M

February 26, 2015 | The Israeli company ironSource announced that it raised an additional $20 million from ClalTech. The $20 million invested by Len Blavatnik’s ClalTech brings the total funding round for the company to $105 million, including the $85 million in investments the company received last month. ironSource, a digital delivery platform, raised the funds at a company value of $800 million and it is expected that the company will go for an initial public offering. ironSource has offices in Beijing, New York and San Francisco, and is headquartered in Tel Aviv. ironSource was founded in 2010 by Eyal Milrad, Roi Milrad, Arnon Harish, Itai Milrad, Tomer Bar Zeev, Tamir Carmi and Omer Kaplan.