Mitsui Ventures Invests $3 Million in MoMinis

Mominis homepage

Israeli startup Mominis has announced a second investment round of $3 million, led by Mitsui Ventures, BRM and existing private investors headed by Baruch Lebanon. Continue Reading

Global From Day One: Two Can Win in the Market for Online Technical Support

FixYa: Problems and Solutions for the Apple iPod Nano 3rd Generation

Both FixYa and SupportSpace have demonstrated that there is significant consumer demand for online technical support services by taking very different approaches. While FixYa provides free access to a large repository of valuable troubleshooting insights, in addition to expert services, SupportSpace connects consumers with certified experts that resolve technical problems on web-connected devices. Continue Reading

Moving Large Packages of Data: Pando Raised $8.12 Million

Pando Networks, provider of peer-assisted content delivery services, has raised a $8.12 million second round of financing, from undisclosed backers (as reported by PE Hub). The investment falls short of Pando’s initial plan to raise $21 million (see Globes’ article). A prior round of approximately… Continue Reading

eBay’s Paypal acquires Israel’s Fraud Sciences for $169 million, 12 times the return for investors


In an effort to fight fraudulent transactions and boost trust in online purchases, Paypal, the online payment service of eBay (NSDQ: EBAY), bought Israel/California based Fraud Sciences for a whooping $169 million in cash.  Fraud Sciences is has developed online… Continue Reading