The announcement comes on the heels of last week's news that Outbrain had filed for a proposed initial public offering.

Outbrain has grown to hold 18 offices worldwide and boasts an impressive 275 billion monthly recommendations in 14 different languages

Israeli-founded companies Taboola and Outbrain first announced their expected merger last year to challenge Google and Facebook's ad duopoly.

Companies founded by Israelis and valued at $1 billion or over nearly doubled this year.

TechAviv's Yaron Samid recently compiled a list of startups and firms founded in Israel or by Israelis to 'show Israel’s transformation from a 'start-up nation' to a 'scale-up nation.'

With a large increase in VCs , angels and investors in New York in recent years, many Israeli startups now choose to set up shop in the Big Apple instead of Silicon Valley. We now introduce you to the faces behind the Israeli startups taking over New York.

Israel may be known as the Startup Nation, but many Israeli startups still prefer to operate in the Big Apple than in the Land of Milk and Honey. With over 200 Israeli startups in New York City alone, NoCamels selected 10 promising Israeli startups trying their luck with the American Dream.

Online recommendation platforms is an ever-growing industry and Israel has some power players in the field. One such company is Outbrain, which is now shifting strategy to adjust to the competitive playground.

TMI? Can’t find your way through the load of articles, videos and images on the web? Israeli startup Outbrain aims to help you find exactly what you’re looking for, based on 33 algorithms that analyze your surfing preferences. The company, already active worldwide, recently secured a $35 million investment.