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SimilarWeb announces closing of $120M financing round

Oct 27, 2020•over 4 years ago

Amount Raised

$120 Million

Israel

Description

SimilarWeb, the world's leading digital market intelligence company, today announced the closing of a $120M investment round. The transaction includes both primary and secondary components, bringing the company's total funding to $240M to date. The round was co-led by ION Crossover Partners and Viola Growth. This latest investment will be used to accelerate SimilarWeb's aggressive growth plans, expand brand awareness, and support expansion of the business through M&A activities.

Company Information

Company

Similar Web:

Location

Israel

About

As the most trusted platform for understanding online behavior, millions of people rely on SimilarWeb's estimated insights daily as the ground truth for their knowledge of the digital world. We empower anyone — from the curious individual to the enterprise business leader — to make smarter decisions by understanding why things happen across the digital ecosystem.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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