Now it’s official – Microsoft has formally announced the acquisition of Israeli startup Zoomix, for an undisclosed amount, estimated at $20-30 million by market sources (according to Globes). Acquisition rumors were first reported about a month ago. Following the acquisition, Zoomix’s…
ClassifEye, the Israeli startup developing identity authentication software raised a second round of $2 million led by Maryland-based Nobska Ventures joined by the state of Maryland’s Enterprise Investment Fund ($250,000) and $75,000 from Montgomery County. The investment in ClassifEye was facillitated following a delegation…
Israel and California based Mobixell Networks has announced a $6 million fourth funding round led by Apax Partners, Intel Capital (who also participated in the previous round), and Munich-based SMAC Partners which represents the Venture Capital arm of Siemens corp. Including this…
Israeli startup Xeround announced a fourth round of $16 million led by US funds Trilogy Funds (who also just invested in Zon Networks) and Ignition Partners. Giza and Benchmark, the two Israeli funds that invested in Xeround early on, also joined…
Ofer Vilenski & Derry Shribman, the two entrepreneurs who previously sold Jungo to NDS Group for $108 million in 2006 go at it again. Founded only 6 months ago, Zon networks (temporary name) prefers to completely fly under the radar even after announcing the $7 million round…
Israel was referred by Eric Benhamou (Angel investor and chairman of 3Com) as a “60 year old startup” in an interview last week. Judging by the ROI on Israel, any VC would be happy with the nominal results: Economically, the country was able to grow…
While these days everyone is obsessed with online video and video monetization, text remains the most common form of content on the web and still represents the largest advertising opportunity. When it comes to monetization of text, we have experienced…
Road-Guard, an Israeli start-up, was ranked as first runner up in Nokia’s Global LBS Challenge in Asia. The competition was put by NAVTEQ and concluded three weeks ago. The challenge invited Location Based Services (LBS) to submit their cutting-edge location-aware…
Android is coming, and the head on competition with the iPhone takes the shape of Developer Challenges. At the end of 2007, Google announced the Android Developer Challenge, which promised to provide $10 million in awards for those who develop…
The fourth of July came and gone as quickly as the fireworks show. Unfortunately, San Francisco was too foggy to see anything. Speaking of visibility, I put together a short list of recommended reads to kick off the week on…
