Oracle Buys Pitango-Backed Convergin
Oracle acquires Israel-based Convergin, developer of a real-time service brokering applications for the telecom industry. Convergin has raised around $10 million in VC funding from Pitango Venture Capital and Rich Investment in November 2008.
TuneWiki Raises Undisclosed Round From Motorola Ventures
Motorola Ventures, the corporate VC arm of Motorola, placed a strategic investment in Israel's TuneWiki Series B (announced Feb 8 2010). TuneWiki's main investor Benchmark Israel also participated in the round, along with a few new investors
Battery Ventures Leads Pursway’s Series A
Israel-based Pursway (formerly known as Datanetis) announced its series A of $6 million led by Battery Ventures office in Israel. Pursway uses patent pending sentiment analysis technology on social networks, enabling clients to identify the influencers and followers for each of their products product within their customer database.
Eyecon’s media companion software gives consumers control over content across media units
Enter Eyecon, an Israeli startup that enables consumers to improve their overall home media experience by providing a central media control point via mobile devices. The solution aggregates a user’s media from multiple libraries across devices – music, videos and pictures stored across devices, in addition to the internet and TV – and makes this content searchable and controllable via the application interface.
Invest in Israel Newsletter: January 2010 Edition
BDI COFACE RAISES ISRAEL RISK RATING, ISRAEL RAISES GROWTH FORECAST TO 3.5% FOR 2010, WEIZMANN INSTITUTE RANKED #2 WORLDWIDE, SPAIN'S TELEFONICA BUYS ISRAELI VOIP COMPANY JAJAH, IT MANAGEMENT GIANT CA BUYS REMOTE SERVER SOFTWARE COMPANY OBLICORE, 4 ISRAELI START-UPS WIN RED HERRING 100 GLOBAL AWARDS, Israel Space Agency,
Only 11 Israeli companies exhibit at CES 2010
CES , the largest consumer electronics show in the world, is taking place in Las Vegas this week from today to January 10th. But despite the huge publicity only 11 Israeli companies have taken a booth this year
5min Wins Top Spot in TechAviv’s Peer Awards
TechAviv, the members-only meetup group for Israeli start ups, has concluded its starup competition the "TechAviv Peer Awards". The top spot was awarded to Israel's 5min.com,the leading online platform for how-to, instructional and knowledge videos, which was crowned as the most promising Israeli web start up in 2009. Colnect was a close runner up.
$8.6 million in B Round for Desktop Virtualization Viewfinity
Desktop virtualization start-up Viewfinity Ltd. has raised $8.6 million in a second round led by current investors Giza Venture Capital and JK&B Capital as well as new investor Longworth Venture Capital. The round brings the company to a total of $15.3 million raised to date.
Skybox Security Raises $2 Million
Israeli start up Skybox Security raised $2 million in round C, reports Calcalist. All of the company's existing investors participated in the round