Taking Off for the Holidays…
After a long and emotionally exhausting quarter, I bet you are all looking for a little break. So do we. Wishing everyone happy holidays and a fruitful new year. See you in 2009!
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The VC Cafe Network surpassed 2,200 members. If you haven’t joined [...]
Venture Capital in Russia? Da!
Tamir Fishman Ventures, Israel’s partner of DFJ, has completed fundraising round of 2 billion Rubel, which are ecquivalent to $72 million USD. Half of the money was raised from the Russian goverment, and the majority of the remaining sum was led by CIG, part of the MyBank group in Russia, as well as private investors. [...]
Bloomberg Capital and Cedar Put $5 Million into Israel’s Nolio
Israeli start up Nolio Ltd. (formerly DeployIT) has completed a $5M round led by Cedar Fund, as well as previous investors Blumberg Capital and Iris Ventures. Nolio develops Application Service Automation solutions for managing data center applications. Sounds complicated? In simple words, SaaS businesses are heavily dependant on the data centrer uptime, and Nolio makes [...]
Kenshoo for mobile is now available on the iPhone
Have an iPhone? Using Kenshoo? Now you can track your campaign dollars directly from your phone. Sequoia backed Kenshoo, announced an iPhone interface for KENSHOO SEARCH yesterday. The product promises to be the next generation SEM campaign management software, now also offering campaign statistics and reports through the iPhone browser.
In the words of Alon Sheafer, [...]
Friends like Google are good for Babylon’s business
While the Israeli high-tech firing wave continues, Bloomberg News Corporation founds an interesting and successful Israeli company that’s worth covering – Babylon.
Babylon provides a translation tool as well as encyclopedic information and professional glossaries for text on the screen. When a user clicks on text with the right mouse button or combination of the right [...]
Carmel Ventures Puts $5 Million in SnapMylife
SnapMyLife, a mobile photo-sharing community site, has announced a $5 million round of funding led by current investors North Bridge Venture Partners and Carmel Ventures.
SnapMyLife launched in April, 2008 and has since grown to 1.5 million unique users a month, with over 500,000 registrations. There’s nothing earth shuttering about the product – it allows the [...]
40 startups launched in Israel in the last month
“Now is the best time to start a company” or “You should do all you can to keep your job”. Which approach would you support these days?
According to IVC online, no less than 40 startups were launched in Israel in the last 30 days, out of a total of 270 companies that launched in 2008. [...]
Konolive is IM for the working people
Online collaboration is a crowded field packed with applications covering different angles of this very wide and not always clear need, to improve collaboration between people working together on the same stuff.
Konolive is one more application struggling to penetrate and get recognition. It is a PC client, based on the adobe AIR platform, developed by [...]
Israel Newsletter November 2008: M&A Deals Galore
“Invest in Israel“, Israel’s Investment Promotion Center of the Ministry of Industry, Trade & Labor, publishes a monthly newsletter with lots of good news on the Israeli market. You may have seen some of the posts on VC Cafe earlier this month, but this is a good summary, especially for M&A deals off the internet [...]
PureWave Raises $12 Million for Wimax Antenas
PureWave Networks, an Israeli-American start up headquartered in Sillicon Valley, has managed to close a relatively large B round of $12 millionv from previous investors Eric Benhamou Benhamou Global Venturesand joined by new investors ATA Ventures and LeapFrog Ventures. To date, the 15 poeple company has raised a total of $16.4 milion including this [...]
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