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IronSource’s Valuation Hits $1 Billion As CVC Capital Pours $400m Into the Startup

Internet advertising startup IronSource has reportedly raised over $400m in fresh capital from the prestigious investment firm CVC Capital Partners which has in exchange acquired a 25% minority stake in the firm. As indicated by sources, the firm is now valued at around $1.55 Billion which represents a coming of age for the Israeli technology company.Before now, the company has raised capital from various partners who enabled it to gain a foothold in the mobile app monetization market. From...

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