Funding News: Jinni Secures $1.6 million Series A

Jinni, the taste engine for movies and TV shows which featured in our Global From Day One column several weeks ago, has secured a $1.6 million Series A round of financing from DFJ Tamir Fishman Ventures.

IVC: Investment dollars in Seed Israeli start ups down 28%

According to IVC Research, 28% of the venture capital investments were made in seed stage companies in 2008, compared to 43% in 2007. More than 30% of the vc funds in Israel made no investments in seed companies in 2008. Greylock Israel was 2008’s most active fund ranking with nine First investments followed by Vertex with [...]

DFJ Invests $7 Million in Stealth Startup Zon networks

 
Ofer Vilenski & Derry Shribman, the two entrepreneurs who previously sold Jungo to NDS Group for $108 million in 2006 go at it again. 
Founded only 6 months ago, Zon networks (temporary name) prefers to completely fly under the radar even after announcing the $7 million round led by Draper Fischer Jurvetson (original backer of Hotmail and Skype), Israeli VC funds Tamir Fishman Venture Capital and Megama as [...]

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