LiveU has announced a third round of $11 million, led by Pitango and joined by existing investors, Carmel Ventures and Canaan Partners. This brings LiveU's total investment to date to over $23 million.As a result of this round Isaac Hillel, managing partner at Pitango, will join LiveU's board.
Eight Israeli startups and one Palestinian startup decided to change that by creating their own "TLV TechTour" (dubbed TTT), where they will be hopping from campus to campus in the US to present their companies, discuss innovation and entrepreneurship and trends in technology in front of a real audience of students and faculty members (in the language of the announcement, if some investors drop by it "would be ok too")
This is a cool little deal that flew under the radar - Stergen, an Israeli startup developing technology to convert 2D TV broadcasting into 3D images, announced a $1.86 million round led by VIZRT, a Norwegian corporation.
People start companies for many different reasons: to make money, take control of their own careers, change the world and so on. Statistically, 90% of them will fail. Are serial entrepreneurs more likely to succeed?
PrimeSense, the Israeli technology company behind Microsoft Kinect's magic, has raised a $50 million round from French investment bank Lazard Group, based on a valuation of 300 million USD, reports TheMarker
# 80 schools in New York are testing Time to Know's computer-based curriculum in the class room as part of a $7.2 million project - http://goo.gl/TAFp
# Fabless semiconductor company Provigent is named the most promising startup in Israel by Globes and E&Y - The company had $25 million revenue in 2009 and expects $40 million in sales this year
SecondMarket, the marketplace for alternative investments such as company options and private company stock trading, announced yesterday that it has launched operations in Israel. This could mean big bucks for Israeli entrepreneurs, as they will be able to sell stock and options to interested investors before exiting the company. SecondMarket's effort in Israel will be led by Ranan Lachman (VP), who was previously at Oppenheimer & Co, one of the largest underwriters for Israeli startups, where he was involved in fundraising and IPOing numerous Israeli private companies.
Back in March, Andreessen Horowitz and Fenwick & West, LLP published a series of documents that would help structure early stage investments in startups. The documents have since been used in many deals already according to the site, SeriesSeed.
Today, seed funding in Israel got a little boost with the launch of the first Israeli Super Angel Seed Fund (or a so-called "Micro Venture Capital Fund") with $25 million in funding, Started by Avi Domoshevizki, Sani Sanilevich, Ofer Arieli and Saeed Amidi.
A cool little project by Lukaz Kostka @ljdk tags startups on a map using the CrunchBase API and CloudMade Maps.
