Yet Another Exit: Broadcom Pays $178 Million for Dune Networks

US semiconductor manufacturer Broadcom (NSDQ: BRCM) bought Dune Networks, developer of Data Center Networking Equipment for a reported $178 million in cash.

Taboola Video Discovery Gets $4.5 Million From Evergreen and Angels

A message for entrepreneurs who want to get rich quickly: Be patient! It’s been a whole year since we first covered Taboola. Back then, Evergreen Venture Partners put a million and a half dollars to fund what they believed would be a ‘Stumble Upon for Video’.  After a bunch of rumors of a second round, [...]

Bitesize Monday: 5 Israeli Companies Get Cash Injections

Ben Gurion once said: “In Israel, in order to be a realist you must believe in miracles”. Boy was he right. Ehud Olmert’s entanglement in what seems to be a deep bribery case, is the sixth investigation opened against Israel’s prime minister since 2006. Opponents of the Kadima party are demanding Olmert’s resignation, which might [...]

The Impact of the Dollar Devaluation on Israeli Startups

This year alone, the Dollar dropped 20% against the Shekel, causing startups to run out of money quicker than what they expected. In the article “Start-ups stuck in winter doldrums“, Globes interviews Erez Shachar, a managing partner at Evergreen Venture Partners, and touches on the influence that the weakening of the dollar (hence the strengthening [...]

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