Enigmatic Zon Networks Renames as Hola! – Best Kept Secret in Israel?

Hola! logo (formerly Zon networks)

Zon networks, an enigmatic startup led by the former CEO of Jungo, raised a $7 million round from DFJ with no product in 2008. Two years later, there is still little known about the company apart from their new name, Hola! Continue Reading

IVC: Investment dollars in Seed Israeli start ups down 28%

Venture capital is the shi(r)t

According to IVC Research, 28% of the venture capital investments were made in seed stage companies in 2008, compared to 43% in 2007. More than 30% of the vc funds in Israel made no investments in seed companies in 2008. Greylock… Continue Reading

DFJ Invests $7 Million in Stealth Startup Zon networks

zon

  Ofer Vilenski & Derry Shribman, the two entrepreneurs who previously sold Jungo to NDS Group for $108 million in 2006 go at it again.  Founded only 6 months ago, Zon networks (temporary name) prefers to completely fly under the radar even after announcing the $7 million round… Continue Reading