Web recommendation platform Outbrain Inc raised $200 million in funding from Boston-based investment manager Baupost Group. The company, however, did not disclose a valuation at which the new capital was raised.
David Kostman, co-CEO of Outbrain:
“We are excited to announce this investment from The Baupost Group, who share our vision and commitment for our business, our team and our future prospects”
Outbrain was founded in 2006 by Yaron Galai and Ori Lahav as an online advertising company specializing in presenting sponsored website links.