Aleph Holding raises funding through a private placement; Leading partner to global digital media …

NEW YORK, March 9, 2021 /PRNewswire/ — Aleph Holding, global partner to the world’s biggest digital media players, has announced today that it closed a private placement funding round. Through its complementary suite of digital media service companies – including Httpool, Internet Media Services, Wise.Blue and Social Snack – Aleph provides leading digital platforms such as Facebook, Twitter, and Snapchat access to new geographies and under-served markets, while helping advertisers maximize the value of their investments, through proprietary technology. Prior to this raise, 87% of Aleph’s stock was held by its founders, additionally Sony Pictures Television holds a minority stake.   The Company achieved double digit growth during 2020, reaching $475M in sales with presence in over 60 markets globally. In 2021, Aleph is on track to generate $1 billion in sales with an expanded footprint reaching 75 markets supported by the additional capital raised. Citi served as financial advisor to Aleph. Aleph partners with companies such as Twitter, LinkedIn, Facebook, Spotify, Snapchat, Warner Music, Twitch and EA, and boasts a range of exclusive partnerships across Asia, Latin America and Europe. The Aleph business model is built on a unique combination of local market knowledge, trusted relationships with advertisers, and innovative technology – such as…
Read More