The level of innovation in adtech and martech seems to be accelerating despite the challenges and limited funding available for the space, partly because they are less reliant on external funding for growth. It’s a crowded space, so this posts examines the latest trends and interesting innovations in Israeli advertising technology.
Innovid Raises a $9.5 Million Round Led by Sequoia
Innovid, a video advertising startup, has raised $9.5 million round led by Sequoia Capital with Genesis Partners and T-Ventures (Deutsche Telecom) participating in the round. As part of the funding round, Sequoia partner Gili Raanan will join Innovid’s Board of Directors.
