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83North closes $250M fourth fund focused on European, Israeli startups
European VC firm 83North (formerly Greylock IL), which since 2008 has focused on backing startups in Europe and Israel, has closed its fourth fund — taking $250M in a raise that it says was both oversubscribed and its largest to date, and bringing its total capital under management to $800M. Read More
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IronSource Merges With Supersonic In Mobile Ad Consolidation Play
On the heels of AOL snapping up Millennial Media last week comes another mobile advertising consolidation play. IronSource, a specialist in mobile app distribution and promotion services, has merged with SupersonicAds, a mobile ad company specialising in in-game and in-app ads. The deal will create one large mobile ad player, covering 1 billion monthly users and expected to generate $450… Read More
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