Outbrain files for Wall Street IPO

• Date: 21 April 2021
• Published date: 21 April 2021
• Author: Globes correspondent

According to Outbrain it currently presents 344 billion content recommendations per month on the Internet and reaches more than a billion unique users worldwide with individually tailored content recommendations.

Outbrain's platform operates in cooperation with the world's leading Internet sites including CNN, BBC, The Washington Post, Der Spiegel, Le Monde and many more. The company was founded in Israel in 2006 and operates from its headquarters in New York with offices in the UK, France, Australia, Singapore and Japan as well as Israel. With its development center in Israel, Outbrain is led by co-CEOs Yaron Galai and David Costman.

Last year, Outbrain was supposed to complete a merger with Israeli rival Taboola. Outbrain would have received $250 million cash...