Similarweb completes secondary offering by selling shareholder

Categories: Capital Markets

Digital market intelligence company Similarweb Ltd. has completed a secondary offering, raising USD 27.4 million before deducting underwriting discounts and offering expenses.

Founded in 2007, Similarweb is an Israeli-based digital intelligence company that provides data and analytics on website traffic, app usage, and market trends. It went public on the NYSE in May 2021.

Latham & Watkins advised the underwriters on the closing, which was led by London corporate partner Josh Kiernan, with Tel Aviv associate Gilad Zohari and New York associates Angel Marcial and Vanessa Hillabrand.

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Latham & Watkins

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