Taboola was founded in 2007[4] by Adam Singolda.[5] The company was founded in Israel[6] and initially provided a recommendation engine for video content.[4] The company headquarters were later moved to New York City.[7] Taboola raised $1.5 million in funding in November 2007.[5] This was followed by $4.5 million in November 2008, and $9 million in August 2011.[9] Additionally, Taboola raised $15 million in February 2013.[10] By 2019, Taboola was used to provide 450 billion recommendations on a monthly basis,[11] due to adoption by major news websites, like the IBM-owned The Weather Company.[12]