Month: October 2010
23 posts
Israel’s Stergen Raises $1.8 Million From VIZRT to Make 2D TV into 3D TV
This is a cool little deal that flew under the radar - Stergen, an Israeli startup developing technology to convert 2D TV broadcasting into 3D images, announced a $1.86 million round led by VIZRT, a Norwegian corporation.
Serial Entrepreneurs in VC Portfolios
People start companies for many different reasons: to make money, take control of their own careers, change the world and so on. Statistically, 90% of them will fail. Are serial entrepreneurs more likely to succeed?
Kinect the Dots: PrimeSense Raises $50 Million from Lazard Group
PrimeSense, the Israeli technology company behind Microsoft Kinect's magic, has raised a $50 million round from French investment bank Lazard Group, based on a valuation of 300 million USD, reports TheMarker
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
Priavte Startups May Get Liquidity With the Launch of SecondMarket in Israel
SecondMarket, the marketplace for alternative investments such as company options and private company stock trading, announced yesterday that it has launched operations in Israel. This could mean big bucks for Israeli entrepreneurs, as they will be able to sell stock and options to interested investors before exiting the company. SecondMarket's effort in Israel will be led by Ranan Lachman (VP), who was previously at Oppenheimer & Co, one of the largest underwriters for Israeli startups, where he was involved in fundraising and IPOing numerous Israeli private companies.
Series Seed Documents for Early Stage Startups – V2
Back in March, Andreessen Horowitz and Fenwick & West, LLP published a series of documents that would help structure early stage investments in startups. The documents have since been used in many deals already according to the site, SeriesSeed.
The first Israeli Super-Angel Seed Fund Launches with $25 Million
Today, seed funding in Israel got a little boost with the launch of the first Israeli Super Angel Seed Fund (or a so-called "Micro Venture Capital Fund") with $25 million in funding, Started by Avi Domoshevizki, Sani Sanilevich, Ofer Arieli and Saeed Amidi.
TheStartupMap Puts Startups on a Map
A cool little project by Lukaz Kostka @ljdk tags startups on a map using the CrunchBase API and CloudMade Maps.
Land of Milk, Honey and Wine: Get Familiar with Wine Funds and Israeli Wineries
Have you heard of "Wine Funds"? Today you can invest in fine wines through offshore funds based on the principle is that fine wines come in limited supply and increase in price in short bursts based on scoring or trends, rather than linearly over time. As the quantity of these wines is quickly reduced, price increases.
Oversi Gets $4.9 million from Carmel, Cisco, Smac and StageOne Ventures
Israeli startup Oversi has announced a series C round of $4.9 million investment round led by Carmel ventures and joined by Cisco, Smac partners and StageOne ventures. Oversi offers a multi-service platform for over-the-top (OTT) content, including Internet video, peer-to-peer (P2P) and other media applications.