Wix, the Israel-based flash website platform, has announced a D round of $40 million. The new investors in the round are Insight Venture Partners and DAG ventures who joined previous investors Benchmark Capital, Bessemer Venture Partners and Mangrove Capital Partners that also participated in the round.
This year alone, the Dollar dropped 20% against the Shekel, causing startups to run out of money quicker than what they expected. In the article “Start-ups stuck in winter doldrums“, Globes interviews Erez Shachar, a managing partner at Evergreen Venture Partners, and touches on the [...]
A year ago people used to say that “content is king” when it comes to making it big on the internet. But does the old paradigm hold today when every web 2.0 startup seeks user-generated content and 156,046 social networks were created on Ning? Meet the new king – “syndication”. [...]
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