Siklu Raises $19 Million for Cheaper Wireless Bandwidth

Israeli startup Siklu Wireless Communications has raised a series B round of $19 million led by new investors Amiti Ventures, Qualcomm Ventures and joined by all existing investors: DFJ- Tamir Fishman Ventures, Evergreen Venture Partners and Argonaut Private Equity. Another strategic investor (CVC) joined the round but remained undisclosed. Siklu Wireless Communications has previously raised $12 million in 2008, bringing the funding to date to $31 million. 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