TGIF - Friday Wrap Up and Weekly News

Welcome to VC Cafe. If you’re new around here, you may want to subscribe to our feed and get daily updates for FREE. This week was full of tech news that deserve some VC Cafe attention. Here’s a short recap on the headlines that didn’t get their own post:Payoneer raises $3M from Greylock partners Payoneer [...]

Reuters buys Israeli start-up ClearForest

ClearForest has developed text analysis solutions for business intelligence applications.Globes and Haaretz reported that Reuters Group has acquired Israeli text analysis technology developer ClearForest Ltd. for about $25 million. The companies announced the deal today, before trading began on Nasdaq.ClearForest was founded in 1998 by chairman and chief scientist Dr. Ronen Feldman and CTO [...]

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