Digital Advertising Company Matomy To Raise $75M In London IPO

July 7, 2014 | The Israeli digital advertising company Matomy is set to raise $75 million with its latest IPO offering on the London Stock Exchange. Matomy attempted to raise up to $100 million in its IPO offering in March, but at the time was unable to pass the 25 percent threshold of European investors, a condition required by the London Stock Exchange for IPO offerings. Matomy recently purchased a majority stake in German domain monitization company Team Internet, with a current stake in the company of 70 percent. Matomy Media Group was founded in 2007 by CEO Ofer Druker, Adi Orzel, and Kfir Moyal and provides digital advertising tools for big name clients like AT&T, HSBC and American Express. Matomy is headquartered in Tel Aviv, Israel, with offices in Madrid, Mexico City, Berlin, Munich, Denver, Fort Lauderdale, New York and San Francisco.