Tel Aviv-based Cymbio helps brands such as New Balance, Steve Madden sell inventory through retailers, including Macy's, Target, and Walmart

Founded in 2014, Tel Aviv-based company also raised $20 million in Series B funding round four months ago

Parties will cooperate on 'uncovering and disrupting financial pipelines that support extremist and hate movements'

Regulators and legislators increasingly wary of social media giant's motives, with its business model regarded as too invasive of users' privacy