Israeli startup Mominis has announced a second investment round of $3 million, led by Mitsui Ventures, BRM and existing private investors headed by Baruch Lebanon.
Tradonomi, the parent company behind eToro has completed a $2.4 million round led by new investor Social Leverage, with participation of previous backers BRM Capital and Cubit Investments.
Pudding Media, an Israeli mobile advertising startup, faces imminent shut down. According to Calcalist,Pudding Media let go 25 employees this morning and announced it will cease its operations in Israel. The company’s assets will be put on sale as the company only retained five employees for maintenance reasons
Both FixYa and SupportSpace have demonstrated that there is significant consumer demand for online technical support services by taking very different approaches. While FixYa provides free access to a large repository of valuable troubleshooting insights, in addition to expert services, SupportSpace connects consumers with certified experts that resolve technical problems on web-connected devices.
Israel based Mo’Minis has reportedly secured a $1.5 million in Series A funding from BRM Capital. The company develops a platform that serves to create and distribute casual games for mobile handsets, supporting a wide range of devices. The platform supports non-skilled game developers and advanced coders alike, offering both distribution to a network of …
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Pando Networks, provider of peer-assisted content delivery services, has raised a $8.12 million second round of financing, from undisclosed backers (as reported by PE Hub). The investment falls short of Pando’s initial plan to raise $21 million (see Globes’ article). A prior round of approximately $11 million was raised in 2006 by Intel Capital, BRM Capital and Wheatley Partners. Pando offers …
Continue reading “Moving Large Packages of Data: Pando Raised $8.12 Million”
In an effort to fight fraudulent transactions and boost trust in online purchases, Paypal, the online payment service of eBay (NSDQ: EBAY), bought Israel/California based Fraud Sciences for a whooping $169 million in cash. Fraud Sciences is has developed online risk management tools over the course of five years, creating propitiatory technology that identifies fraudulent …
