Jinni, the taste engine for movies and TV shows which featured in our Global From Day One column several weeks ago, has secured a $1.6 million Series A round of financing from DFJ Tamir Fishman Ventures.
News just broke that veteran Israeli start up Gizmoz, creator of 3D head avatars has merged with Utah-based Daz 3D, an avatar creation service offering virtual 3D bodies. Existing investors Benchmark Capital, Highway 12 Ventures, and Columbia Capital, put in an additional $5.3 million into the new merged company.
Zoybar, which launched in early 2009, is an open modular hardware platform that supports a model of decentralized innovation for stringed instruments. Enthusiasts can purchase stringed instrument kits
Clarizen, an Israeli-based start up developing SaaS project management software for businesses, has attracted an $8 million round of investment. The round was led by DAG Ventures and joined by previous investors Benchmark Capital (Michael Eisenberg) and Carmel Ventures
From the end of December, Israel will be offering Mobile Virtual Network Operator (MVNO) licenses. MVNOs are mobile operators which pay for access to the network infrastructure owned by major operators. Consequently, companies are able to enter the cellular market without making upfront investments in capital-intensive infrastructure.
Imagine that your investors told you that you're fired from the CEO role of the company you have founded with blood, sweat and tears. They do however give you a week to win your job back. What would you do differently?
Amobee, a Redwood City-headquartered startup with offices in London and Herzliya, could play a major role in helping mobile operators avoid the fate of ISPs by helping them to leverage their existing control over content and communications.
Pageonce, an Israeli start up developing mobile and web virtual assistant applications, announced that it has raised $6.5 million in Series A.
CrowdIT Ltd., the company which operates the freelance work search engine DoNanza, has secured a “several hundred thousand dollar” investment from the AfterDox Angels Investment Group, writes Shiri Habib-Valdhorn at Globes.
Calcalist reports that Nielsen is laying off 60 employees at its Herzliya-located R&D center in a push to consolidate offshore development activities in India
Matt Brezina, co-founder of Xobni, posted a fantastic presentation on the company's three and a half year journey from idea to 3 million subscribers.
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