Despite the ominous predictions saying that VC funds will have difficulty raising more money this year, Lightspeed Venture Partners has announced the closing of its eight fund (Lightspeed Venture Partners VIII), oversubscribing its $675 million target by $125 million reaching…
The story of 16 year old Ido Tal and 19 year old Hen Mazolski can inspire bootstrapping entrepreneurs around the globe. The two high school students co-founded WeCreateStuff and didn’t think that the flash game they had developed without ever…
Israeli startup Oversi officially presented OverCache MSP, a platform aimed to help Internet service providers manage and monetize over-the-top (OTT) video, ultimately improving the speed in which end users consume video.
It’s not every day that Israel celebrates sixty years of independence, and despite of global and local economic and political shocks, Israel’s economy is stronger than ever. Here are some of the reasons that make Israel and the Silicon Wadi…
On May 19-20, Globes, DEMO and Red Herring will be holding a startup competition at the Israel Venture Association (IVA) conference. Each startup will have six minutes to present and the winner will receive automatic entry as a finalist at…
Before I go any further – grab your free ticket to Mashbash Tel Aviv’s open bar free party on June 11th while they are still available: Click here for the ticket sale. 500 tickets disappeared after less then ten hours.…
Iamba networks has secured a $7 million round from previous investors Pitango Venture Capital, Cedar Fund, Giza Venture Fund and UK-based Kreos Capital. The company develops chips for telecommunications, specifically Gigabit Passive Optical Networking (GPON), a technology that aims to…
Canaan Partners led the $20.4 million funding round of Israeli startup Prime Sense Inc. Gemini Israel Funds and Genesis Partners, prior investors in PrimeSense, also participated in this second round. I first wrote about PrimeSense on VC Cafe when they…
Today (May 5th), Israel Cleantech Ventures (ICV) announced today that it reached a final close of $75 million for its first fund, significantly exceeding expectations from its original target of $60M. ICV will invest in Israeli companies (or Israel-realted) in…
I was really happy to find out that MediaBoost raised $1 Million from Teuza fund last week as part of a larger round that the company is looking to raise. The fund, a Fairchild Technology venture, had already invested $500K…
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