The Future is Touch: N-Trig Raises $24 Million Led by Microsoft

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…

Sequoia’s new year resolution: Shrink headcount

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 Will Revolutionize Video Marketing, Raises $8M

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…

Taking Off for the Holidays…

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…

Venture Capital in Russia? Da!

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…

Bloomberg Capital and Cedar Put $5 Million into Israel’s Nolio

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…

Kenshoo for mobile is now available on the iPhone

Have an iPhone? Using Kenshoo? Now you can track your campaign dollars directly from your phone. Sequoia backed Kenshoo, announced an iPhone interface for KENSHOO SEARCH yesterday. The product promises to be the next generation SEM campaign management software, now…

Friends like Google are good for Babylon’s business

While the Israeli high-tech firing wave continues, Bloomberg News Corporation founds an interesting and successful Israeli company that’s worth covering – Babylon. Babylon provides a translation tool as well as encyclopedic information and professional glossaries for text on the screen.…

Carmel Ventures Puts $5 Million in SnapMylife

SnapMyLife, a mobile photo-sharing community site, has announced a $5 million round of funding led by current investors North Bridge Venture Partners and Carmel Ventures. SnapMyLife launched in April, 2008 and has since grown to 1.5 million unique users a…

40 startups launched in Israel in the last month

“Now is the best time to start a company” or “You should do all you can to keep your job”. Which approach would you support these days? According to IVC online, no less than 40 startups were launched in Israel…