Disrupt Winner Shaker Raises $15 Million Series A

Shaker winner of TC disrupt

It seems like yesterday that Israeli startup Shaker won Techcrunch disrupt, and today the company is announcing a $15 million round led by Menlo Ventures. Other investors include Innovation Endeavors (Dror Berman), Troy Carter and Rami Beracha from Pitango as well as CrunchFund who was already an investor in Shaker. Continue Reading

Israeli Startups Look to New York, and increasingly Shanghai

All the above points of view emphasize how important it is for Israeli startups to establish their presence in foreign markets. But, with the rise in the importance of Asian markets, particularly the mammoth market of China, the question becomes: what ticket do startups need to buy first – New York or Shanghai? Continue Reading

LiveU Raises $11 Million from Pitango in its Third Round

LiveU has announced a third round of $11 million, led by Pitango and joined by existing investors, Carmel Ventures and Canaan Partners. This brings LiveU’s total investment to date to over $23 million.As a result of this round Isaac Hillel, managing partner at Pitango, will join LiveU’s board. Continue Reading

Bitesize Tuesday: Fifty one, Provigent and Time to Know

# 80 schools in New York are testing Time to Know’s computer-based curriculum in the class room as part of a $7.2 million project – http://goo.gl/TAFp
# Fabless semiconductor company Provigent is named the most promising startup in Israel by Globes and E&Y – The company had $25 million revenue in 2009 and expects $40 million in sales this year Continue Reading

VMWare Snatches B-Hive, Opens R&D Center in Israel

VMware (NYSE: VMW), the leading developer of virtualization solutions, has announced the acquisition of Israeli start-up B-hive Networks for an undisclosed sum. Industry experts estimate the price range at tens of millions.  Following the merger in Q3 of 2008, VMWare… Continue Reading

The Golden Age? Israeli Startups Experience Funding Streak (Part I)

Since I started following the Israeli market in 2005, it’s not often that I’ve seen so many Israeli startups raise money in such a short period of time. Capital raising is seen across the board in Telecommunications, Cleantech, Internet, Consumer… 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

Bitesize: A Low Calorie News Dose

Israel’s HealOr raises $8M, Sand Hill Road vs. Hamenofim Street in Israel, itelman Group to invest $20M in Israeli startups, interview with the founders of Pitango, Jerusalem Global Ventures to raise a new $200M fund, InSightec Ltd raised $30 million, Israel’s credit rating to “A”, Advasense raised $6M from CIDC, Medingo raises $27M, Mobile Web – so close yet so far… Continue Reading