Reuters buys Israeli start-up ClearForest

ClearForest has developed text analysis solutions for business intelligence applications.Globes and Haaretz reported that Reuters Group has acquired Israeli text analysis technology developer ClearForest Ltd. for about $25 million. The companies announced the deal today, before trading began on Nasdaq.ClearForest was founded in 1998 by chairman and chief scientist Dr. Ronen Feldman and CTO [...]

Bubble Burst – web 2.0 for sale

In the past two years we’ve seen over 1154 web 2.0 start-ups, based on the logo count of GoWeb20. Unfortunately, not all start-ups make it which created a new type of commodity: web 2.0 sites for sale.
As reported by Techcrunch earlier this month, Web 2.0 for sale is a marketplace for Web 2.0 sites, creating [...]

Keep an eye on NeoCleus

Neocleus, a security start up in stealth mode was reported to raise $5M in a round led by Battery Ventures and Gemini Israel Funds. This round follows a seed investment of $700,000 made by the two funds a year ago.
Neocleus develops online access security management technology that helps users safeguard their online access. They [...]

Israeli Telco Database Startup Xeround Raises $7M

Xeround Systems, an Israeli based Telco Database start up has recently raised 7M in a second round of financing from Benchmark Capital and Giza Venture Capital. To date, Xeround raised a total of $14M.
According to their website, “Xeround’s unique approach to real-time data management delivers cost performance that far exceeds proprietary, traditional off-the-shelf and in-memory [...]

William Blair – 35 Israeli start ups to follow

“Israel has become an important market for investors, particularly in the technology sector.”
William Blair & Co., a strategic partner of Poalim Capital Markets – Investment Bank Ltd., has initiated a quarterly survey of Israel. Richard Kiphart, the head of the Corporate Finance Department has recently returned from a quick trip to Israel, in [...]

A lot has been written about 5Min

Israeli start-up 5Min describes itself as a place to find short video solutions for any practical question and a forum for people wanting to share their knowledge.
5Min’s goal is to create a community Life VideoPedia, by providing user generated instructional videos that serve as visual tutorials on a wide range of topics. Current [...]

Start Up Journal Blog Watch

Greetings! After almost two months of absence due to a coast-to-coast move, I’m happy to be back to VC Cafe, and there’s much ground to cover.
First, some exciting news. Sarah Needleman from the Wall Street Journal interviewed me a couple of weeks ago, and the article went live last Friday (4/20) on Startup Journal, the [...]

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