Genesis Partners Set Out to Raise $150 Million – Will they make it?

Globes reports that Genesis partners is getting ready to raise a fourth fund of $150 million in addition to its $518 million under management. I wonder how the timing will affect their level of success. There’s a saying in Heberew:…

5 Israeli Startups Presented in Under the Radar (See my notes)

I was down in Microsoft’s office in Mountain View again today, attending “The Business of Web Apps: Where the Web Goes to Work” thrown every year by DealMaker Media since 2003. I was part of this year’s selection committee, who…

Israel’s Secret Service Comes Out… In a Blog

UK’s Times Online reports about the non-orthodox attempt of Israel’s Shin Bet, the country’s secret service, to shake off its rough image by debuting a blog, written by four anonymous members of the organization. The service hopes to increase recruiting…

Sequoia funds mysterious Israeli startup Cotendo

Tech Confidential has an interesting post about Sequoia’s latest investments. According to the article, VC giant Sequoia Capital recently added four new companies to its portfolio –all headquartered outside the U.S. One of these companies is an Israeli startup called…

Site Optimization Startup Amadesa Raises $5.4 Million in First Round

The word Optimization has been abused in the past couple of years: it can be applied to speed, scalability, SEM and revenue. The latter is where Israeli startup Amadesa Inc excels, describing itself as “provider of website revenue optimization and…

If It Ain’t Broken, Don’t Fix It: FixYa Raises $6M

Another Israel/California based startup makes the headlines: Fixya, a site dedicated to help customers troubleshoot electronic devices, has just announced a series B funding of $6 million led by Mayfield Fund, and Pitango Venture Capital. FixYa is a user generated…

Gizmoz Raises $6.5 from Japan’s DoCoMo, Inks deal with AOL

Israel/California based Gizmoz, a veteran startup developing animated talking 3D avatars, had two major achievements yesterday. Gizmoz announced a pretty significant cash injection in a round B series and also integrated its avatars into AOL’s Instant Messanger (AIM), catering to…

It’s a “Joongel” Out There: Israeli Startup Cuts Through the Clutter

How many times did you find yourself scrolling to the 2nd and 3rd result pages on a search engine, because most of the results were irrelevant to what you were looking for? If your answer is “often”, you’re not alone.…

Ornim Medical Technology Wins FDA Approval

It used to be that the only way to measure oxygen saturation was to take a blood sample from an artery and analyze it in a lab, or to insert electrodes through the skull. The FDA, however, has just provided…

ATI Invests $2M in Phagolum Sepsis Diagnostic Toolkit

Phagolum Ltd. is developing a diagnostic toolkit to detect sepsis, the leading cause of death in non-coronary ICU patients and the tenth most common cause of death overall. According to medical literature, “sepsis is characterized by a whole-body inflammatory state…