Tel Aviv-based web traffic analytics company is seeking a valuation between $ 1.5 billion and $ 2 billion. A similar Israeli web traffic analytics company announced that it has filed with the US Securities and Exchange Commission (SEC), for an initial public offering (IPO) on the New York Stock Exchange (NYSE), with a valuation between $ 1.5 and $ 2. One billion. The company has not yet decided how many shares to sell and at what price. A similar site plans to trade on the New York Stock Exchange under the SMWB index. Related materials Internet Traffic Intelligence Corporation, a similar company on Nasdaq Digital Intelligence, is raising $ 120 million from JP Morgan and Citigroup as lead book management directors for the proposed offering, with Barclays and Jeffries as co-directors of book management that JMP Securities and Oppenheimer & Co. will act as co-directors. And William Blair as co-directors of the proposed proposal. Likeweb, led by co-founder and CEO, Or Offer, has raised $ 240 million so far including $ 120 million last October with joint leadership from ION Crossover Partners and Viola Growth. The Tel Aviv-based company, founded in 2007, has developed a platform for understanding online behavior by monitoring web traffic and mobile apps, which millions of people use to gain digital insights, including more than half of the Fortune 500 companies. The IPO prospectus reveals that revenue grew 33% in the 12 months ending March 31, to reach $ 107 million. Revenue in 2020 was $ 94 million with a net loss of $ 22 million. Posted by Globes, Israel business news – en.globes.co.il – April 16, 2021 © Copyright Globes Publisher Itonut (1983) Ltd. 2021
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