Daily deal sites like have taken root in cities all over Israel, with over 80 currently running deals. Back in January 2011, Groupon bought out Grouper.co.il, Israel’s first to market daily deal site for an estimated $8-15 million US dollars.
Venture capitalists from around the world invested $7.8 billion in 995 deals for companies based in the U.S., Europe, Canada, Israel, Mainland China and India, according to industry tracker Dow Jones VentureSource. This is a slight decrease from $7.9 billion put into 1,025 deals during the same period last year
This is a cool little deal that flew under the radar – Stergen, an Israeli startup developing technology to convert 2D TV broadcasting into 3D images, announced a $1.86 million round led by VIZRT, a Norwegian corporation.
Subscribe to VC Cafe via email
VC Cafe Categories