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. For the Invest in Israel archive, click here. The highlight this…
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. Cisco buys NDS for $5 billion, Broadcom buys Broadlight and more.
The VC funding news from Israel are piling up on my inbox. Is it because there are more worthy companies for investment all of a sudden, or are VCs driven by the need to deploy some of their capital before the end of the calendar year?
Some call it "quick hits", "first read" or "readings". At VC Cafe we calls it Bitesize.
Below are the headlines for the week of July 8 2010:
Startups of the week
virtual good paymentsSupersonicAds - a dominant leader in virtual currency monetization for online games, virtual worlds and social networks. The company's customizable, plug and play payment platform gives consumers the opportunity to earn virtual currency for free by completing targeted offers
IBM is about to acquire Guardium for $225 Million, according to Haaretz. Guardium provides software solutions for database activity monitoring, security, and auditing. This is the largest high-tech Israeli exit in 2009 and a great achievement for Guardium's investors, who will be getting 10x returns on their bets.
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.
Israeli startup Oversi officially presented OverCache MSP, a platform aimed to help Internet service providers manage and monetize over-the-top (OTT) video, ultimately improving the speed in which end users consume video.
