Binpress, the latest project by the Israeli startup incubator Lionite is making waves in the coding community with their source code marketplace. The purpose of binpress is to save coders time coding by finding existing solutions to time consuming problems. Their focus is on code for web applications in all sorts of languages, frameworks, and platforms.
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.
Yair Goldfinger's Dotomi sold to ValueClick for $295 million, of which $162 million are in cash and the rest will be paid in ValueClick equity. Yair Goldfinger, co-founder and CTO of Dotomi and a prominent Israeli angel investor, founded Dotomi back in 2000,
Video is a great way to get your startup some viral visibility. According to Cisco, by 2015, one million minutes of video - the equivalent of 674 days - will cross the internet every second (!) and as the YouTube blog pointed out more than 48 hours of video are uploaded YouTube site every minute. Amazing, no?
After reading lots of posts on 'lean startups', listening to Eric Reis in Seedcamp and devouring Steve Blank's "Four Steps to the Epiphany", I wanted to see real examples of companies that went through a pivot process. By definition, a Pivot, is a change in the company's strategy or business model when things aren't exactly working out according to the business plan. The first post in the series is on TokBox, a startup that went through a business model change and managed to generate significant value as a result.
Israeli startup MySupermarket has completed a new round of investment of $7.4 million, led by Graylock and Pitango. The company has raised $22 million to date.
AOL acquires 5min media, a web video startup based in Israel for an estimated $50-$65 million. 5min has become a leading video distribution platform with 100 million monthly views.
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