Matomy Media Group Overview
Matomy Media Group is a global media company with a portfolio of data-driven platforms for advertising and media partners. Matomys programmatic platforms include Team Internet and the Mobfox SSP. Founded in 2006, with headquarters in Tel Aviv and seven offices around the world, Matomy is dual listed on the London and Tel Aviv stock exchanges.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Mobfox Receives Top Ranking by Pixalate in Mobile Seller Trust Index
Mobile advertising platform Mobfox has maintained its position within the top ten ranking on Pixalates Global Mobile Seller Trust Index for the fifth consecutive month. Pixalate publishes the index as an independent rating standard for programmatic advertising, measuring inventory quality. Mobfox offers anti-fraud tools to protect budgets and ad metrics. The company is connected to over 175 demand-side platforms and premium demand partners, with support for various ad formats. Mobfox aims to offer high levels of inventory quality and maintain the confidence of its partners.
Partners
growth-negative
Chairman of Digital Marketing Company Matomy Media Steps Down
Matomy Media Group Ltd. has announced the resignation of its chairman, Harel Beit-On, due to personal reasons. He will be replaced by Sami Totah, both of whom are general partners at Viola Growth. This comes after Matomy replaced its CEO Sagi Niri in January, who had led the companys reorganization and asset divestment strategy in 2017. Matomy offers customized and data-driven advertising services across various platforms.
Management Changes
growth-negative
Digital Marketing Company Matomy Wants to Raise $25 million in Convertible Bonds
Matomy Media Group Ltd. has appointed a new CEO, Liam Galin. The company has experienced a 28% reduction in its workforce over the past year. Matomy has filed a prospectus to the Tel Aviv Stock Exchange to raise $25 million in convertible bonds. The company plans to use the funds to increase its stake in subsidiary Team Internet AG to 90% and gain 100% control by September 2018. Matomy currently owns an 80% stake in Team Internet, which accounted for 37% of its revenues in the first half of 2017. Matomy reported $141 million in revenues in the first half of 2017, a 13% increase from the same period in 2016. The company aims to acquire Rainmaker Investments GmbHs 20% stake in Team Internet for €18.2 million.
InvestmentAcquisitionManagement ChangesLayoffs
growth-negative
Digital Marketing Company Matomy Media Replaces CEO after Ten Months
Matomy Media Group Ltd. has appointed Liam Galin as CEO, succeeding Sagi Niri. The company has undergone a reorganization plan, selling non-core assets and streamlining operations. Matomy has also shed 28% of its workforce in the past year. Under Niris leadership, the company divested non-core businesses and focused on programmatic mobile and video advertising and domain monetization. Matomy sold its non-core businesses to Creative Clicks Media Group for $11 million and increased its stake in Team Internet AG to 100% for €18.2 million. Liam Galin has previously served as CEO of Flash Networks Ltd. and RiT Technologies Ltd.
Management ChangesLayoffs
growth-positive
Matomy Media Group Announces 2016 Financial Results
Matomy Media Group Ltd. announced its financial results for the twelve-month period ended December 31, 2016. Revenues for 2016 were $276.6 million, an increase of 2.1% compared to the previous year. The company invested in product development, R&D, sales, and marketing, resulting in adjusted EBITDA of $17.1 million. Matomy underwent a transition to strengthen its marketing technology platforms and prepare for future opportunities. The company expanded its mobile, video, and programmatic offerings, enhanced its data-driven capabilities, and widened its reach in the Asian-Pacific market. Matomys revenues from video, mobile, and programmatic advertising increased, while revenues from desktop display advertising decreased. The company also established offices in China and South Korea to access the APAC market. Matomys financial results were within the guidance issued in July 2016.
InvestmentExpand
| Sector | Business Software |
Funding
| Total funding | $166M |
| Last funding | $93M |
| Stage | Mature |
| Rounds | 4 |
| Investors | 2 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | investors.matomy.com/ |
Locations
HaNehoshet 6, Tel Aviv, Israel
311 West 43rd Street, New York, NY, USA
Avenida Newton 53, Polanco, Polanco IV Seccin, Mexico City, CDMX, Mexico
Avenida del Cardenal Herrera Oria, 296, Madrid, Spain
Photos & Videos
3 item(s)
