At the end of June 2021, ironSource made history, with the largest IPO by an Israeli company, going public at a valuation of no less than $11 billion (via a SPAC merger). Israeli high-tech was in euphoria. "This deal is another sign of Israeli technology companies breaking the glass ceiling," said Shlomo Dovrat, a veteran investor in Israel and one of the first investors in ironSource. "This will have a significant impact on the high-tech and Israeli economy in terms of employment, knowledge and the ability to build huge global companies operating from Israel.

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