Glassbox raises USD 100 million at USD 500 million valuation in Tel Aviv Stock Exchange IPO
Israeli-founded big data analytics company Glassbox, a provider of digital experience analytics for web and mobile applications, has raised USD 100 million at USD 500 million valuation in an IPO on the Tel Aviv Stock Exchange.
The Herzog Fox & Neeman team comprised Yair Geva, Nir Dash, Efrat Tzur, Keren Nightingale, Ofri Mor and Roni Fried, as well as Koral Butbika and Yuval Zilber
Founded by Yoav Schreiber, Yaron Gueta and Hanan Blumstein, Glassbox has developed a system that allows organizations to track user app activity and to spot user trends and patterns, thereby improving and streamlining the services they offer. The offices are located in Petah Tikva in Israel, as well as in London and New York.
“This IPO funding will allow Glassbox to maintain its impressive momentum as a high growth SaaS company in a rapidly evolving digital market,” said Brian Abrams, Chairman of the Glassbox Board of Directors. “Not only could Glassbox become a leading player in its space, this IPO could also trailblaze an exciting new path for Israeli companies on their way to NASDAQ.”
