CloudShare Raises $10 Million, Goes out of Stealth

CloudShare, an Israeli start up previously known as IT Structures, has reported a series B of $10 million led by its existing investors Sequoia Capital and Gemini Israel Funds as well as new investor Charles River Ventures. This ‘Up Round’ brings CloudShare to a total of $16 million raised to date.
CloudShare offers a Virtual Sales [...]

Nickels and Dimes in Israeli Venture Capital

The Israeli venture capital industry has experienced a $250 million decline in the past few months. Israeli venture capital funds have struggled to raise the target capital and the impact is likely to be felt on emerging technology companies in Israel.

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 [...]

Content Rating Just Got Better: Carmel Ventures Backs OutBrain

Outbrain has just announced a $12M Series-B investment led by Carmel Ventures. Outbrain’s previous investors – Gemini Israel Funds, Lightspeed Venture Partners and GlenRock Israel – all participated in the round. In addition, Zohar Gilon and Rhodium have also joined the round. Following the investment, Shlomo Dovrat, co-founder and general partner of Carmel Ventures [...]

Bitesize Monday: Modu and Ginger Get Funding

Big day for Israeli start ups today as two companies announce funding from unexpected sources. No VC money? no problem!
Modu Mobile, Dov Moran’s mobile company aiming to create the world’s smallest cell phone, gets an oxygen injection today with the announcement of a $7 Million dollar round from chip manufacturer Qualcomm. The strategic agreement signed [...]

Intercast’s sad exit, way below value

Israeli start up Intercast Networks is about to be sold for $7.2 -$10 million (estimates vary according to Israeli media outlets), to an undisclosed client, marking a significantly lower exit compared to what was invested in the company. The main losers are Gemini and Genesis.
Founded by prof Yechiam Yemini, a CS professor in Columbia University,  [...]

EyeView’s Flash Tutorials Convert Better

Lock and load – that’s what five Israeli startups did this week announcing a total of $30 million from both Israeli and international funds.
After almost a year and a half of no investments in Israeli startups, Ouriel Ohayon’s LGI Lab (a joint venture between Lightspeed Venture Partners and Gemini Israel Funds) announced an undisclosed investment [...]

VMWare Snatches B-Hive, Opens R&D Center in Israel

VMware (NYSE: VMW), the leading developer of virtualization solutions, has announced the acquisition of Israeli start-up B-hive Networks for an undisclosed sum. Industry experts estimate the price range at tens of millions.  Following the merger in Q3 of 2008, VMWare plans to open an R&D center in Israel, based initially on B-Hive’s facilities and team [...]

Bitesize Friday: Israeli Starup and High Tech Links for 5/23/08

Memorial day weekend is upon us, and most of you will probably stay away from the computer (or at least try to) for a few days. While you’re waiting for your flight or getting ready to leave the office, enjoy the Israeli linkfest below.
A story with pictures:Israeli high tech innovation centers
BusinessWeek identifies the Israeli high [...]

12 Israeli Startups To Compete At The IVA Finals

On May 19-20, Globes, DEMO and Red Herring will be holding a startup competition at the Israel Venture Association (IVA) conference. Each startup will have six minutes to present and the winner will receive automatic entry as a finalist at Demo Germany, a profile on Red Herring Magazine and the Israeli media.
This is the first [...]

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