Startup headlines for the week of October 26th 2010:
- 80 schools in New York are testing Time to Know’s computer-based curriculum in the class room as part of a $7.2 million project – http://goo.gl/TAFp
- Fabless semiconductor company Provigent is named the most promising startup in Israel by Globes and E&Y – The company had $25 million revenue in 2009 and expects $40 million in sales this year, and has been profitable for 18 months. It has 120 employees. It has raised $55 million from Lightspeed Ventures, Pitango Venture Capital, Sequoia Capital, Magma Venture Partners, Delta Ventures, Globespan Capital Partners, Ascend Technology Ventures, and Stata Venture Partners.
- Sequoia invests an undisclosed round in Israel’s TayKey , the 22 year old “startup” performs semantic analysis across the web in real-time, to find out what’s trending for your demographics at any given moment, and automatically deliver your ad there.-http://goo.gl/HNxF
- FiftyOne is a US-Israeli startup that enables ecommerce retailers to automatically present and settle transactions in the currencies its international visitors prefer, launched in 1999. The company recently raised $4 million in its latest investment round, and since its inception, has raised $30 million. Investors have included Pitango Venture Capital, Plenus Venture Lending Fund, Delta Ventures, US funds Adam Street Partners, JPMorgan, Online Ventures, and private investors. – Learn more about its recent products: http://goo.gl/6jzH
- xG Technology, an Israeli startup, has made a modular mobile phone that can work on its own, without a network – the system offers calling, texting, and data by weaving signals around the chatter of baby monitors and cordless phones. http://goo.gl/xNHd
- 3DTV presents 3D Video Without Glasses- watch the video below: