Bitesize Monday: Israeli Startup Headlines

Tel Aviv skyline VC Cafe

Israeli startup headlines for March including new fundraising rounds, product launches, M&A deals, cleantech headlines and Israeli venture capital news, curated by VC Cafe, the home of Israeli startup news since 2005. Continue Reading

After Layoffs and Profit Warnings, 888 Buys Mytopia’s assets for $18 million

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Online gambling giant 888 acquired the assets of American-Israeli casual game studio Mytopia from Real Dice, Mytopia’s parent company. According to VentureBeat Games, the deal is estimated at $18 million, but could reach up to $48 million if Mytopia’s assets hits certain revenue milestones by 2011. Continue Reading