Israeli start up Intercast Networks is about to be sold for $7.2 -$10 million (estimates vary according to Israeli media outlets), to an undisclosed client, marking a significantly lower exit compared to what was invested in the company. The main…
The global economic crisis has brought IPO exits to a 30 year low and M&A activity is slower than previous year. How do VCs cope with the new reality? The National Venture Capital Association (NVCA) in the US has released…
IVC Research Center has released the findings of their quarterly survey, summarizing Israeli capital raising in Q4 2008. Israeli companies raised $394 million in the last quarter, a decline of 22% compared to the equivalent period in 2007. That said,…
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. ISRAELI ECONOMY RESILIENT IN THE FACE…
Microsoft is announcing a $24 million C Round of investment in Israel’s N-Trig, sole manufacturer of multiple point touch screens for laptops. Previous investors Canaan and Evergreen joined the round. The unprecedented success of the iPhone drove every major phone…
A few days ago, The Marker released an update on the status of Israeli venture capital. It turns out that 28 funds have been hurt from the current economic downturn. More than 7 funds have executed lay-offs in more than…
SundaySky came out of stealth mode today, announcing its first round of institutional funding. Globespan Capital Partners and Carmel Ventures led the $8 million investment round for this Israeli start up, previously backed by Yossi Vardi. I’ve been waiting for…
After a long and emotionally exhausting quarter, I bet you are all looking for a little break. So do we. Wishing everyone happy holidays and a fruitful new year. See you in 2009! Please send story tips and post…
Tamir Fishman Ventures, Israel’s partner of DFJ, has completed fundraising round of 2 billion Rubel, which are ecquivalent to $72 million USD. Half of the money was raised from the Russian goverment, and the majority of the remaining sum was…
Israeli start up Nolio Ltd. (formerly DeployIT) has completed a $5M round led by Cedar Fund, as well as previous investors Blumberg Capital and Iris Ventures. Nolio develops Application Service Automation solutions for managing data center applications. Sounds complicated? In…
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