Israeli AI startup Gong has signed a lease for 3,600 square meters across three floors in the Icon Tower, located in Ramat Gan.

The lease, valued at 30 million Israeli shekels (US$8.4 million) and is set for three years, with an option for a two-year extension.

The firm said that moving to the new facility will support its ongoing growth, as it serves over 4,500 customers worldwide.

Specializes in AI solutions for sales teams, Gong has raised US$583 million in seven funding rounds. This includes a US$250 million series E in 2021, which valued the company at US$7.2 billion.

The company employs 1,200 people globally, with 380 based in its R&D center in Ramat Gan.