June 30, 2016 | IronSource, an Israeli company which makes tools to help mobile app developers distribute and profit from their apps, has acquired Israeli startup StreamRail for a sum estimated to be in the seven figure range. Founded in 2014 and numbering 15 employees, StreamRail has developed video-player technology that enables publishers to make money off of content. The U.S. venture capital fund Sequoia Capital invested in the company. The sale, the most recent in a string of acquisitions by IronSource, should complement its array of tools designed to help mobile app developers distribute and profit from their apps. IronSource CEO Tomer Bar Zeev confirmed the acquisition but didn’t provide any further details.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts
Israeli AI Safety Tool Among TIME’S Best Inventions For 2024
October 31, 2024
TAU Team Discovers Mechanism To Eliminate Cancerous Tumors
October 30, 2024
Ashdod Port Investing In Startups As Part Of Innovation Strategy
October 29, 2024
BGU Develops Fast Fact Checking Via News Sources Not People
October 28, 2024
Facebook comments