Twitter has picked up a minority stake in Aleph Group Inc. The company seeks to go public in the United States.
Aleph said Twitter’s stake buy would help the company expand its educational tech platform. The company did not reveal any financial terms of the investment.
Aleph counts Meta Platforms Inc, Spotify Technology SA and Microsoft Corp-owned LinkedIn among its customers.
Brands have continued to advertise online, despite wide-ranging supply chain disruptions that delayed products from reaching shelves and a user privacy clampdown by Apple Inc
Aleph was valued at $2 billion last year after private equity firm CVC Capital Partners bought a stake worth $470 million.
Aleph had confidentially filed for a U.S. initial public offering in October.