Monday Roundup: 10 Israeli Business Headlines

israel collageLet’s get right to it:

1. Sequoia invests in Israeli based Kenshoo, a SEM competitor to Google’s Double Click. Unlike Omniture and Atlas Solutions, Kenshoo enables both financial and quality management of SEM campaigns. [via The Marker (Hebrew) and via]

2. HP continues growth-through-acquisition – buys Israel based Nur Macroprinters for $117.5 million in cash. Yuval Cohen, CEO of Israeli VC fund Fortissimo has a reason to smile. His $12 million investment in November of 2005 granted him %51 of Nur’s shares, and a ROI of 300%. [via]

3. Israeli rating agency sold – Rating agency Standard & Poor’s, a division of publisher McGraw-Hill Cos Inc, said it had agreed to buy Israeli rating agency Maalot. [via]

4. Israel’s FTK technologies launches English learning software for the Indian market. The software targets a market of 900 million Indian speakers including: Hindi, Marathi, Gujarati, Bengali, Telugu, Tamil, Kannada, Malayalam, Urdu and Punjabi. By 2009, CEO Harel Cohen plans to include all the officially recognized Indian languages. [via]

5. Israeli GPS technology used in new device- Carphone Warehouse launches a new self-branded satellite navigation service using technology from Israel-based Telmap. [via]

6. Evergreen backed KnockaTV, an Israeli IPTV startup started by ICQ’s founders launches in alpha. I was lucky to receive a pass and it looks damn good. I plan to compare KnockaTV with Hulu later this week. [via]

7. VC Investments may hit 6 year high – investments in the US, Europe, China and Israel this year have passed the $30 billion mark and the industry is on course to post its highest investment total since 2001, according to a new report. [via]

8. Densbits, a small Israeli company working on flash memory semiconductors, was founded by Sequoia. Densbits is working on making flash memory denser. Densbit is working with Saifun, another Israeli company, to bring memory density to four bits per cell. Saifun is in the process of being acquired for $370 million by Spansion, a larger flash memory maker. [via]

9. Green Tech Media reports that Israel-based SolarEdge Technologies scored $11.8 million in its first round raised by Walden International Opus Capital and Genesis Partners. SolarEdge, still in stealth mode, is developing power-conversion technologies that combine hardware and software to improve solar-system efficiencies. The company was founded by Lior Handelsman and Amir Fishelov and is currently based in Herzliya, Israel. [via]

10. Tvinci, a small Israeli startup powers MTV’s online video player with no VC funding and two 26 year old co-founders. Access is restricted to Israel only at the moment, but try this site to check Tvinci’s video player. [via]

P. S. I was officially added to the Israel Web Tour steering committee. If you are an Israeli startup that applied to the tour by our deadline on Dec 3rd, I look forward to meeting you in person in Silicon Valley.

 

Eze Vidra
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Eze Vidra

Chief Innovation Officer at Antidote
Eze is the Chief Innovation Officer at Antidote, a startup helping patients search and match to clinical trial, to accelerate medical breakthroughs. Previously, Ezewas a General Partner at Google Ventures Europe. Before GV, Eze founded and led Campus London, Google's first physical hub for startups, and was the Head Google for Entrepreneurs in Europe. He's an experienced product manager and startup mentor. In 2012 Eze founded Techbikers, a non-for profit supporting children education in developing countries.
Eze Vidra
Follow me

Latest posts by Eze Vidra (see all)

Eze Vidra

Eze is the Chief Innovation Officer at Antidote, a startup helping patients search and match to clinical trial, to accelerate medical breakthroughs. Previously, Eze was a General Partner at Google Ventures Europe. Before GV, Eze founded and led Campus London, Google's first physical hub for startups, and was the Head Google for Entrepreneurs in Europe. He's an experienced product manager and startup mentor. In 2012 Eze founded Techbikers, a non-for profit supporting children education in developing countries.