Innovid Raises a $9.5 Million Round Led by Sequoia

Innovid, a video advertising startup, has raised $9.5 million round led by Sequoia Capital with Genesis Partners and T-Ventures (Deutsche Telecom) participating in the round. As part of the funding round, Sequoia partner Gili Raanan will join Innovid’s Board of Directors. Continue Reading

Bitesize Friday: NowForce, Cotendo, United Parents, Zerto and Entrepreneur Resources

bitesize friday vc cafe helsinki finland

Facebook Expands Credits Offers to Europe Via SupersonicAds – a huge deal for the Israeli startup, perhaps thanks to its UK office? AT&T set up new R&D and incubation center in Israel in collaboration with Amdocs – welcome AT&T Foundry. More headlines on this VC Cafe Bitesize Friday Continue Reading

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

Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

Snaptu, the app store for feature phones

Facebook surprised with its first acquisition in Israel today, with the announcement that it is buying Israeli startup Snaptu (previously known as Moblica) for an estimated $60-70 million. Founded in 2007 by Ron Makavy, Micha Berdichevsky, and Barak Naveh, Snaptu raised a total of $9 million in three rounds 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

Bitesize Tuesday: Tracx, Innovid, Kenshoo, uTest and More Investment Rounds [recap]

Investment Rounds

Israeli startup fundraising seems to be picking up towards the end of Q3 with several companies raising rounds of at least $10 million each. Innovid, Tracx, eXalate, uTest and SimpliVT are featured on this bitesize report. Continue Reading

Crisis Shmisis: Q2 2010 Closes with 40 deals and more than $400 million raised in Israel (Deal Summary)

venture capital investments in israel q2 2010

The second quarter of 2010 has come and gone and despite the depleting VC and incubator capital in Israel, the quarter has brought approximately 40 deals with over $400 million invested Continue Reading