Gaming Chips: PrimeSense Closes $20M in Round B

Welcome to VC Cafe. If you’re new around here, you may want to subscribe to our feed and get daily updates for FREE. Canaan Partners led the $20.4 million funding round of Israeli startup Prime Sense Inc.  Gemini Israel Funds and Genesis Partners, prior investors in PrimeSense, also participated in this second round. I first [...]

Israel Cleantech Ventures Exceeds Funding Expectations, Raises $75M

Today (May 5th), Israel Cleantech Ventures (ICV) announced today that it reached a final close of $75 million for its first fund, significantly exceeding expectations from its original target of $60M. ICV will invest in Israeli companies (or Israel-realted) in renewable energy, water purification, energy efficiency and clean technology.
ICV is the first Israeli cleantech-focused investment [...]

MediaBoost is Seeking A Capital Boost

I was really happy to find out that MediaBoost raised $1 Million from Teuza fund last week as part of a larger round that the company is looking to raise. The fund, a Fairchild Technology venture, had already invested $500K in MediaBoost last year, and judging by the prospects for the company, Teuza’s investment is [...]

AdYouNet Raised $1M, Building Advertising CRM System

Last week, stealth online advertising start-up AdYouNet Technologies (formerly known as Webbi) has raised $1 million from its current investors Xenia Venture Capital (TASE:XENA) and NetService Ventures. This is the company’s A round following a $400,000 invested last summer by International Venture Fund (IVF) of the US.
There’s not much out there about AdYoumNet besides the [...]

Embed Casual Games on Your Website With AllFun.com

Online games are a huge traffic driver, but the current revenue models are limited. FUN Development Games is an Israeli company that is trying to put a spin on online gaming, by offering site owners the ability to embed a gaming platform on their sites.
To boost platform installs, Fun Dev created Allfun.com,AllFun is a new [...]

Bitesize Sunday: Weekend Reading on VC, Startups and Beyond

I’m testing the new version of Mozilla Firefox 3 beta 5 (you’ll be amazed how much difference there is with beta 1). Even though the speed is dramatically better, it is no excuse for having so many browser windows open. Therefore, just before I close all, below are a few of the links that have [...]

AllRise.com Presents Cyber Arbitration

Jury, have you reached your verdict? Techcrunch’ s Michael Arrington says he has. Yesterday he reviewed Allrise.com, an Israeli site in private alpha that offers a community arbitration platform. What’s the verdict? He loved it. Users of AllRise can present their cases to a ‘community courthouse’, by creating online complaints against anyone (boss, wife, municipality) [...]

High Tech Networking Events in Israel

When I put together the Israeli Startup Roundtable in Tel Aviv last month, I realized that there’s a real need for networking in Israel. It’s a small country, so supposedly everyone knows everyone, but what is missing is a formal opportunity to connect, exchange ideas and discuss business opportunities with like-minded techies.
Tech Community
Kinnernet is a [...]

Join us for Coffee Tomorrow Morning in San Francisco?

Last month VC Cafe held a successful Startup Roundtable in Israel.  Now, it’s time for a pilot run for the US Chapter.
Tomorrow morning we’ll be having a casual Startup Roundtable in the financial district in San Francisco. If you are a member of the startup community, or want to be, you’re invited!
To attend, please RSVP [...]

Stealth Movie Recommendation Site Jinni Gets A Million

Start-Up Factory, an Israeli angel ‘fund’ formed by dozens of Israeli industry and technology leaders, has made a $1 Million investment in Jinni,  a stealth movie recommendation engine led by Yossi Glick.
Jinni solves an interesting problem. PPV, VOD and online video platforms lack a recommendation service. Think about it - every time you buy a [...]

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