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

Brazilian Optics Giant Buys Israel’s Civcom for $40M

Not only Microsoft is buying up Israeli start-ups. Brazilian optical network solutions giant Padtec has paid $30-40 million for Civcom, an Israeli pioneer in the development and manufacturing of cost saving optical solutions for communications, test and measurement, and military… Continue Reading