Huge Round for Waze, Raises $25 Million for Social GPS

Israeli startup Waze, developer of the free social GPS app for smart phones, has announced a $25 million venture round to scale operations, continue building its platform for real-time location data and move its headquarters from Israel to Palo Alto, California according to the company blog, By The Waze.

40 startups launched in Israel in the last month

“Now is the best time to start a company” or “You should do all you can to keep your job”. Which approach would you support these days? According to IVC online, no less than 40 startups were launched in Israel in the last 30 days, out of a total of 270 companies that launched in …

Israeli Startup Vollee Brings Second Life to the Mobile Screen

Israel-based Vollee Ltd, the world’s first 3G Mobile Gaming Solution, said it will bring San Francisco-based virtual world platform Second Life to 3G handsets via its streaming mobile games service. According to Vollee, its Second Life mobile service will work for both existing users and those trying out Second Life for the first time through …

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