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carmel
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SundaySky Raises $9 Million to Disrupt Dynamic Video
SundaySky, an Israeli startup which provides e-commerce businesses a platform for dynamic videos), has raised a $9 million round led by Norwest Venture Partners (NVP) joined by previous investors Globespan Capital Partners and Carmel Ventures
Bitesize Friday: Israeli startups get funded, launch new products
Calpers, eVrit, Matomy, Fribiz, eType, Venture capital in Israel, Consumer confidence in Israel, Israeli incubators, venture capital performance
Israeli VC Funds Struggled to Raise in 2009
The latest IVC report shows that Israeli VC funds were able to raise only $229 million in 2009, a staggering 72% less than $803 million raised in 2008 and the third lowest amount raised per annum in the last decade.
Clarizen’s SaaS Project Management Raises Third Round
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
Axxana Secures Series B Funding to Accelerate Uptake of Phoenix
Data protection software startup Axxana has secured a $9 million Series B investment led by Carmel Ventures. The investment proceeds will be used to help accelerate greater adoption of Axxana’s Phoenix System.
CopperGate Sells to Sigma Designs, Some Say Prematurely
CopperGate, the Fabless Semiconductor start up founded in 2000, was sold to Sigma Designs for $160 million in stock and cash. While this is one of the largest exits in Israel in recent months, critics say that it is yet another example of why high-tech companies can't become large in Israel.
Exclusive: Kampyle Raises Round from Carmel Ventures
Feedback analytics start up Kampyle has raised an undisclosed round from Carmel Ventures. Founded in 2007 by Ariel…
Israeli VC Funds Raised $793 Million in 2008
The capital available for investment now reaches $1 Billion, of which $400 million is intended for first investments in high-tech companies and the remainder reserved for follow-on investments. Forecasts for 2009 are pretty grim - IVC estimates only $300 million to be raised this year
Unusual Exit for Israel’s Delver
Now the company has announced its acquistion by... Sears Holdings. The price of the acquisition was not disclosed, but chances are that this is not a 'happy exit' for Delver's investors, mainly Carmel Ventures who invested $4 million in Delver. The company struggled to raise 6 million NIS in recent months.
Nickels and Dimes in Israeli Venture Capital
The Israeli venture capital industry has experienced a $250 million decline in the past few months. Israeli venture capital funds have struggled to raise the target capital and the impact is likely to be felt on emerging technology companies in Israel.