Israeli PE Fund EMB Looking to Invest in Mobile Content

Eilon Agam, former VP of content at Israeli telecom giant Pele-Phone, gathered a group of private investors to start a new PE fund, EMB Capital Ltd. EMB is planning to be a private equity fund that focuses on internet and…

Science Fiction? ClassifEye’s Biometric Authentication for Cell Phones

If you’re familiar with the latest James Bond movies, this product will sound as if it came out of the MI6 laboratories. As the mobile phone converges with our email, address book, password manager, photo album and countless more services,…

Halloween Roundup: Google’s platform, EasyStart, Ideas08 and more

A few quick bytes of recent news that didn’t get their own post on VC Cafe: Open Social, Maka-Maka and Google’s Attempt to Bite From the Facebook PieMarc Anderssen of Ning and blog.pmarca (highly recommended read) posted a great summary…

The New Million Dollar Page (wannabe) and How I Saved an Alien

It’s silly, but what if this crazy idea worked? Save an Alien, an Israeli Facebook app hopes to create the “million dollar page” effect through an extra terrestrial plot. If 10M people adopt an alien each, the cute aliens will…

Don’t Stop Believing – Imagine Communications Scores $15M for Broadband TV

The Broadband TV niche in Israel is on fire. Following RayV’s $8M round earlier this month, Israel-based Imagine Communications announced a second round and a hot upcoming deal. Imagine develops Personalized TV technologies for video on demand (VOD) and Internet…

Shai Agassi Reinvents the Gas Pump for All-Electirc Cars @ Better Place

After almost becoming the CEO of SAP global, Shai Agassi now aims to reinvent ‘the pump’ – for battery powered all-electric cars. With a $200M investment in his pocket, Shai Agassi is planning to build a network of battery-charging stations…

Goldman Sachs Invested $100M in Israeli Mobileye

Mobileye, a Top100 Innovator according to Red Herring magazine, develops vision systems to prevent imminent accidents by providing drivers with tools such as distance keeping between vehicles, dynamic cruise control and timely warnings in dangerous situations. Mobileye’s main product is…

TGIF – Friday Wrap Up and Weekly News

This week was full of tech news that deserve some VC Cafe attention. Here’s a short recap on the headlines that didn’t get their own post:Payoneer raises $3M from Greylock partners Payoneer markets manages and services prepaid MasterCard cards together…

The Grass Can Be Greener – Update on Clean Tech

Earlier this month, Green Tech Media posted a great update byMeir Ukeles of Israel Cleantech Ventures on the growing popularity of Israeli Green Tech companies. I summarized the main points from this report, but I recommend reading the full article.…

SmartShopper Makes an Exit, Strengthens Z a n g o

Yet another Israeli exit this week. SmartShopper, a browser based comparison shopping engine was acquired by WA based Zango for an estimated sum of ~$9M according to alarm:clock and Techcrunch. A problematic buyer* Zango has raised $40M from Spectrum Equity…