Globes Ranked Top 10 Israeli startups

Globes ranked the top 10 Israeli startups for 2012, and social marketplace Fiverr has taken the top spot. Fiverr has not only created a new marketplace, but also established a whole category, which attracted quite a lot of copycats (make Purple cows people!). Some of these include: Smalljob, 20s, and Gigim as well as Fourerr, Sixerr, and Eighterr… Continue Reading

Lool Ventures Bets on Tactus Mobile, Unveils ZooZ

Tactus Mobile Zooz

Globes reported a rumored $1.5 million A round for Tactus Mobile, an Israeli startup in the mobile payments space. The round was led by Lool Ventures, an incubator/micro fund started by ex AOL/Yedda execs and joined by Israeli angel Yuval Tal (founder of several payment startups including Payoneer) and additional private investors who led the company’s seed round. Continue Reading

High-tech firms hiring again as large company and startup salaries converge

The most obvious impact on the export-dependent sector was the incidence of widespread layoffs and massive declines in venture capital investment. While some analysts warn of the risks of a “double-dip” recession in the US, Israel’s principal export partner, others point to green shoots signaling the promise of recovery. Continue Reading