As every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor, which offers many helpful tools for prospecting investors. See the May 2011 edition after the jump. For previous editions, click here.
AcceloWeb (known as FasterWeb) sold to Limelight Networks
AcceloWeb, an Israeli startup formerly known as Fasterweb, has been acquired by Limelight Networks (Nasdaq:LLNW) for undisclosed terms. Acceloweb develops technology that helps increase the load time of websites, a need that has been growing as applications migrate to the cloud. Following the deal Acceloweb will become Limelight’s development center in Israel.
