Similarweb

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Similarweb is a digital intelligence provider for enterprise and small to mid-sized business (SMB) customers.[5] The platform provides web analytics services and offers its users information on their clients' and competitors' web traffic and performance.

Similarweb
Similarweblogo-color.png
Similarweb Screenshot.png
Type of site
Public
Traded asNYSESMWB
Founded2007; 15 years ago (2007)
Headquarters
Area servedWorldwide
Founder(s)Or Offer
ChairpersonOr Offer
Key peopleOr Offer (Chief Executive Officer), Ron Asher (Chief Technology Officer), Sigal GollMore (Chief People Officer), Benhamin Seror (Chief Product Officer), Carrie Lazochak (Chief Revenue Officer), Jason Schwartz (Chief Financial Officer), Kevin Spurway (Chief Marketing Officer), Lior Degani (Chief Operations Officer), Moaz Lakovski (Chief Business Officer), Uri Perelman (Chief M&A and Coporate Development Officer)
IndustryAdvertising, Information technology, Market Intelligence, Web traffic
ServicesWeb analytics, Web traffic and ranking
RevenueIncrease$137.7 million(2021)[4]
Employees1288
URLwww.similarweb.com
Launched2007 (2007)
Current statusOnline

HistoryEdit

The company was founded in 2007 by Or Offer in Tel Aviv, Israel. By 2009, Similarweb won the first Israeli SeedCamp, attracting the attention of international media and investors. The company raised its Series A round of $1.1 million[6] with the investment being led by Yossi Vardi, and Docor International Management. SimilarSites, a browser extension to help users find sites similar to those they are visiting, was launched later that year.

On September 24, 2013, the company closed a Series B round led by David Alliance, Moshe Lichtman with the participation of existing investor Docor International Management.

On February 24, 2014, South Africa media giant Naspers invested $18 million into Similarweb and leading their Series C round. Within a month, Similarweb used a part of the capital for the acquisition of Israeli early-stage company TapDog for a few million dollars in shares and cash, less than a year after TapDog was founded.[7]

In November 2014, Similarweb raised $15 million in a Series D investment.[8][9]

In July 2015, Similarweb acquired personalized content discovery platform developer Swayy.[10][11]

In July 2017, the company announced a $47 million round of financing led by Viola Group, Saban Ventures with participation from CE Ventures and existing investors.[12]

In May 2021, Similarweb made its public debut on the NYSE at a $1.6B valuation.[13][14]

In October 2021, Similarweb won "Best Alternative data Provider" at Hedgeweek Americas Awards 2021, for their investors intelligence suite.[15]

On February 16, 2022, Smiliarweb reported earnings for Q4 2021, Q4 revenue of $40.2m and Q4 ARR of $165m.[16]

RankingEdit

Similarweb ranks websites and apps based on traffic and engagement metrics. Its ranking is calculated according to the collected datasets and updated on a monthly basis with new data. The ranking system covers 210 categories of websites and apps in 190 countries and was designed to be an estimate of a website's popularity & growth potential.

The company ranks websites based on traffic and engagement data, and ranks apps in the App Store (iOS/iPadOS) and Google Play Store based on installs & active user data.[17]

AcquisitionsEdit

On December 10, 2015, Similarweb announced it had acquired Quettra, a Silicon Valley-based mobile intelligence startup, to boost its mobile operations.[18][19]

In November 2021, Similarweb acquired "Embee" to extend its mobile user data sets. [20]

See alsoEdit

ReferencesEdit

  1. ^ "Israeli Analytics Firm SimilarWeb To File For IPO On NYSE". April 18, 2021.
  2. ^ Solomon, Shoshanna. "New York City now home to 21 Israel-founded tech unicorns". www.timesofisrael.com.
  3. ^ "Офіси компанії Similarweb | DOU". jobs.dou.ua.
  4. ^ "Document". www.sec.gov.
  5. ^ "Our Data". Similarweb.
  6. ^ "Series A funding". TechCrunch. Retrieved 24 August 2014.
  7. ^ "TapDog Acquisition". Globes Inc. 20 March 2014. Retrieved 24 August 2014.
  8. ^ Sarah Perez (29 January 2013). "SimilarGroup Raises $2.5 Million To Take On Alexa's (Often Terrible) Web Rankings With Its New Similarweb Service". TechCrunch. Retrieved 6 June 2015.
  9. ^ Rebecca Grant (29 January 2013). "SimilarGroup takes new funding to take on Alexa". VentureBeat. Retrieved 6 June 2015.
  10. ^ "Web traffic analytics co Similarweb acquires Swayy - Globes". Globes (in Hebrew). 20 July 2015. Retrieved 2018-06-05.
  11. ^ "Digital Measurement Service Similarweb Acquires Content Discovery Platform Swayy – TechCrunch". techcrunch.com. Retrieved 2018-06-05.
  12. ^ "Similarweb raises $47 million to grow its web and app analytics platform globally". VentureBeat. 2017-07-25. Retrieved 2018-06-26.
  13. ^ Zara, Christopher (2021-05-12). "Similarweb stock makes NYSE debut in latest tech IPO: Here's what to know". Fast Company. Retrieved 2021-05-22.
  14. ^ Solomon, Shoshanna. "Digital analytics firm Similarweb to raise $180 million in NY IPO". www.timesofisrael.com. Retrieved 2021-05-22.
  15. ^ "Similarweb Wins "Best Alternative Data Provider" at Hedgeweek Americas Awards 2021". 28 October 2021.
  16. ^ "Similarweb: Q4 Earnings Snapshot". AP NEWS. 2022-02-16. Retrieved 2022-03-15.
  17. ^ "Similarweb Acquires Leading Mobile-Insights Provider Embee Mobile". www.yahoo.com.
  18. ^ "Quettra Acquisition". TechCrunch. Retrieved 10 December 2015.
  19. ^ "Analytics company SimilarWeb acquires mobile intelligence startup Quettra for $10M+". VentureBeat. 2015-12-10. Retrieved 2018-06-05.
  20. ^ "Similarweb Acquires Leading Mobile-Insights Provider Embee Mobile". 10 November 2021.

External linksEdit