Enterprise IT in 2014: Follow the Money

The Cloud has transformed the fundamental role of the IT department from business enabler to business innovator. Vendors that can enable IT Managers to assess risk, manage large data sets and analyze processes will be rewarded handsomely. In 2014, expect to see widespread implementation by IT departments of Platform (PaaS), Infrastructure (IaaS) and Software (SaaS) as a Service tools for scalable and cost-effective services. Continue Reading

CES 2013 Preview: What Happens in Vegas, STAYS in Vegas

CES logo

This week marks the annual orgy of PR excess known as the Consumer Electronics Show. More than 150,000 (mostly male) visitors, many sporting T-shirts with mysterious acronyms like “4K in HD3D”, will alternate between 2 million square feet of exhibition space and the craps tables. Unfortunately for the 3,200 exhibitors, their marketing dollars will be squandered. Although I will predict a few likely trends, when it comes to CES, what happens in Vegas really does STAY in Vegas. Continue Reading

Invest in Israel Newsletter – February 2012

As every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor, which offers many helpful tools for prospecting investors. For the Invest in Israel archive, click here. Continue Reading

The 50 Fastest Growing Companies in Israel for 2011

For the 12th consecutive year, the Deloitte Brightman Almagor Zohar Technology Fast 50 Program annually recognizes and honors the 50 private and publicly held fastest growing technology companies in Israel, based on percentage revenue growth over a five-year period. Continue Reading

Highlighting Israeli Q2 2011 Israeli VC Investments

An illustrated report of global VC investments in Q2 2011, highlights the number and volume of deals in Israeli startups. It’s worth calling out some of the startups, which are not only making headway through product innovation, but also through the backing of world-class investment funds such as Sequoia, Battery, Greylock and up-and-comer funds such as Eric Schmidt’s Innovation Endeavors and Index Ventures. Continue Reading

It’s a Family (tree) Business: My Herritage Acquires Polish Startup

Myheritage.com logo

Techcrunch broke the news on the acquisition of Poland-based Bliscy.pl by Israel-based MyHeritage.com. Bliscy will help MH increase reach as the acquisition brings MyHeritage family network to 56 million registered users and approximately 762 million profiles, 18 million family trees and 116 million photos. Continue Reading

Special: The 56 Israeli Companies Exhibiting in Mobile World Congress 2011

Israeli Startups at MWC 2011

Israeli startups in the mobile space are once again showing impressive attendance levels, with 56 Israeli companies exhibiting in the Israeli Pavilion at the 2011 Mobile World Congress [MWC]. For the third consecutive year, VC Cafe puts the spotlight on the Israeli startups presenting at the event. Continue Reading

Fresh from the SEC: Magic Raises approximately $25 million in Recent Filings

MGIC logo

Magic Software (NASDAQ: MGIC), a veteran Israeli software company specialized in cloud and on-premise application platform and business integration solutions, has raised $21.2 million in a private placement transaction in December and an additional $3,7 million in option sales according to a recent SEC D filing. Continue Reading

Going Down? Q3 VC Investments in US Tech Drop 14%

The latest VentureDeal quarterly report is out (see pdf) and it suggests that VC activity in tech has slowed down in the third quarter. Overall, 343 US companies raised $1.8 billion in venture capital funding in Q3 2010, representing a 14% decline in total funding amount compared to the previous quarter. The number of companies funded has also declined by 6%. Continue Reading

DroidSecurity Gets Snatched by AVG for $4.1 Million

AVG, one of the largest American PC anti virus software makers with 110 million subscribers worldwide, has acquired Israeli startup DroidSecurity, maker of anti virus software for Android phones, for an estimated amount of $4.1 million + $5.3 million in performance milestones. Continue Reading