The chosen people: 15 startups to represent Israel in Silicon Valley

Back in November, I posted a call for Israeli companies to apply to the Israel Web Tour, a week long trip to Silicon Valley organized by the California Israel Chamber of Commerce led by Shuly Galili. 90 companies have applied, and after careful deliberation, the tour’s steering committee has selected the 15 companies that will …

Exclusive Interview: Ten questions with the founder of TripTouch.com

Triptouch.com, an Israel-based startup, has recently launched a resource hub for individual travelers. Covering more than 3000 destinations worldwide, Triptouch mashes up some of the services people use when planning a trip, including Google maps, Eventful, WikiTravel, Weather.com and more. It is a one-stop shop, offering destination information, service booking and a live community to …

Arnold Schwarzenegger: your Israeli seed investment just raised $8M

Israel based CellGuide, designer and manufacturer of integrated GPS chips for mobile devices, has completed a second round of $8 million as reported by The Marker (Hebrew). The round was led by Giza Venture Capital who was joined by CellGuide’s previous investors, GlenRock Israel, Cap Ventures and Evolution Securities. Here’s where it gets interesting: among …

Overview: 16 Israeli companies at CES 2008 this week

Over 20,000 new gadgets and technologies will be unveiled at CES in Las Vegas starting tomorrow, and over 2,700 companies will present over the course of the following four days. The International CES conference is produced by the Consumer Electronics Association (CEA) and has been a prominent platform for companies producing “all things consumer electronics” …

Mutually beneficial: Israeli companies open offices in the US

Attracting talent and companies is not an easy task for US cities and states. In the current labor market, American companies are outsourcing jobs to India, the Philippines, China, etc. In contrast, Israeli companies are moving operations to the US, bringing business in, attracting jobs, generating revenue for municipalities and supporting local businesses. The International …

First 2008 bitesize: Israeli tech and investment news 01/04/2008 | VC Cafe

Happy belated 2008! After a week of vacation in sunny Miami, it’s good to be back on the saddle. Most of us are still caught up with a large inbox to clear after the break, having 35 firefox browsers open doesn’t exactly help. Israeli high tech M&A, Clean tech, life sciences and consumer internet are …

Invest in Israel, end of year newsletter

“Invest in Israel” is a great initiative of Israel’s Ministry of Industry, Trade and Labor, Foreign Trade Administration to promote foreign investments in Israel. The website is a great resource for investment related material about the Israeli industry, addressed to international investors and companies looking for joint venture opportunities. Apart from the useful information on …

Wrapping the Israeli internet scene in 2007

One of my favorite blogs in Hebrew, thecoils, has posted a comprehensive overview of the venture capital and M&A activity of Israeli companies and funds in 2007, as well as some predictions for 2008. For those who can’t read Hebrew, I translated and summarized the main points from the post and added a few bits …

Another Israeli exit:NetApp snags Israel’s Onaro for an estimated sum of $120 million

Following the successful exit of grid storage company XIV, Network Appliance (NASDAQ:NTAP) announced the acquisition of Israel/Boston based Onaro, a private company co-founded in 2002 by four Israelis, veterans of Israeli military intelligence: Roy Alon (VP of development and customer service), Assaf Levy (CTO and VP of business development), Dr. Raphael Yahalom (Chief scientist) and …

Signs of a tide: two Israeli venture funds raise capital

It’s not very often that two Israeli venture funds complete closing for additional funds, but after all it shouldn’t surprise anyone. Israel has been ranked among the four most preferred global target markets for US venture capital funds and earmarked for high-quality deal flow, according to a global survey by accounting and consultancy firm Deloitte …

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