Daily deal sites like have taken root in cities all over Israel, with over 80 currently running deals. Back in January 2011, Groupon bought out Grouper.co.il, Israel’s first to market daily deal site for an estimated $8-15 million US dollars.
Yair Goldfinger's Dotomi sold to ValueClick for $295 million, of which $162 million are in cash and the rest will be paid in ValueClick equity. Yair Goldfinger, co-founder and CTO of Dotomi and a prominent Israeli angel investor, founded Dotomi back in 2000,
When mobile phones started becoming popular, ringtones quickly gained popularity. However, it seems like with smartphones (iPhone/Android) we tend to be more conservative and keep the phone default options for calls, emails or sms notifications. Here is where Pops comes in.
Israeli startup 6scan today announced it has raised an undisclosed A round led by YL Ventures. 6scan, still in stealth mode, offers a protection suite for website through its 6scan Patrol and 6scan Bodyguard products. It acts like a white hat hacker, monitoring sites for known and unknown threats for $10 a month.
But what about entrepreneurs? Do they turn to vinegar with age? The answer would be a big yes if you follow the common Valley myth which goes something like: if you do not make it by the time you are thirty you are probably not going to make it at all. Followed by the usual suspects list of Gates, Zuckerberg, Mason and others.
Mashable published a brilliant infographic on the connections between the large tech companies in the valley, including Google, Microsoft, Apple, Paypal, eBay and others. So whether someone was a Paypal Mafia member or a Xoogler, the conclusion is that they all end up filling their pockets and working for one of their neighbors in San Francisco, Mountain View or Palo Alto.
One inbox, all of your social media accounts and social network messages at the same place. That is the promise of Multimi, a new software app for Windows that launched yesterday, July 19th. Multimi was developed by Israeli startup Zbang in collaboration with Antivirus company, AVG.
SupersonicAds, the London-based Israeli startup developing social in-game advertising solutions, has announced the completion of a $4.2 million round led by Greylock Israel. $6 million have been invested in the company to date, and as a result of this round, Greylock IL partner Yoram Snir will join the board of SupersonicAds.
IVC Online and KMPG have released their summary of venture capital raising for Q2 2011, in Israel. 285 companies raised $1.048 Billion in the first half of 2011, an 82% increase compared to the $577 million raised in the equivalent period in 2010. In Q2 alone, 145 Israeli companies raised $569 million from both local and foreign VCs.
Since their inauguration in February 2011, little has been shared on the VentureGeeks program or its participants - until now. Yesterday, VentureGeeks unveiled its first five investments in their Investor Day event, following the Y Combinator model.
The TAMID Fellowship is a selective program that funds TAMID’s most promising student leaders for an eight-week internship and business immersion experience in Israel. For Israeli companies, the TAMID Fellowship is a boon. TAMID compensates the interns directly, and companies are not required to provide a wage.
The recent wave of Internet IPOs seems to remind the Israeli VCs of the previous tech bubble. 50% of them, believe that we're about to enter a second bubble and 33% claim that Groupon, LinkedIn, Facebook, Twitter and Zynga are overvalued, according to the latest Israel VC Indicator Survey for Q2 2011, published by Deloitte.
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