Israeli startup headlines for March including new fundraising rounds, product launches, M&A deals, cleantech headlines and Israeli venture capital news, curated by VC Cafe, the home of Israeli startup news since 2005.
Online gambling giant 888 acquired the assets of American-Israeli casual game studio Mytopia from Real Dice, Mytopia's parent company. According to VentureBeat Games, the deal is estimated at $18 million, but could reach up to $48 million if Mytopia's assets hits certain revenue milestones by 2011.
Play4Skill, a relatively unknown Israeli startup, has raised an second round of $400,000 from from Israeli advertising agency Adler Chomsky. P4S develops multi-player skill games, primarily focused on 3D life-like Domino games.
