Business As Usual: Onavo, VideoSurf and Kaminario Raise Funding

Onavo logo

The LinkedIn IPO this week may have opened the gates for an Israeli market thirsty for exits, but in the meanwhile, VC funding in Israel continues with business as usual. Below are three recent founding rounds in Israeli venture-backed companies. Onavo, Kaminario and VideoSurf are three recent examples of venture-backed Israeli startups that have raised funding. Continue Reading

Huge Round for Waze, Raises $25 Million for Social GPS

waze social gps logo vc cafe

Israeli startup Waze, developer of the free social GPS app for smart phones, has announced a $25 million venture round to scale operations, continue building its platform for real-time location data and move its headquarters from Israel to Palo Alto, California according to the company blog, By The Waze. Continue Reading

Bitesize Tuesday: Fifty one, Provigent and Time to Know

# 80 schools in New York are testing Time to Know’s computer-based curriculum in the class room as part of a $7.2 million project – http://goo.gl/TAFp
# Fabless semiconductor company Provigent is named the most promising startup in Israel by Globes and E&Y – The company had $25 million revenue in 2009 and expects $40 million in sales this year Continue Reading

2009 First VC Investments in Israel Down 50 Percent

Most active funds 2009

Terra Venture Partners, a $25 million fund made the most first investments in 2009 (6 deals) followed by Carmel, Giza, JVP, Magma, Pitango, Sequoia and TriVentures (another small fund with $25 million under management), who all made 5 first time investments. Continue Reading