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.

Sell or close: Delver’s Social Search has 30 days left

Globes reports about the possible grim future of Delver, if the company can’t solve its cash flow problems in the next 30 days.  According to founder Liad Agmon Delver is up for sale and it is currently in contact with private investors. The company has taken about $4 million to date, from Israel’s Carmel Ventures. …

Bitesize Monday: Israeli startups, market condition

Markets plummeted this week, evaporating millions of dollars in value for well established public companies. But what does it mean for startups? Here’s what the VCs have to say: Ron Conway, Sequoia (Rip Good times ppt), Benchmark and Israel’s Danny Cohen (Gemini),  Walden and Michael Eisenberg. Joongel, the TC50 Demopit presenter (previously covered on VC …

12 Israeli Startups To Compete At The IVA Finals

On May 19-20, Globes, DEMO and Red Herring will be holding a startup competition at the Israel Venture Association (IVA) conference. Each startup will have six minutes to present and the winner will receive automatic entry as a finalist at Demo Germany, a profile on Red Herring Magazine and the Israeli media. This is the …

Wrapping up the Israel Web Tour

After a week packed with meetings, presentations, pitches and networking opportunities, the Israel Web Tour concluded on Friday after a great party at Slide. I believe that sharing is caring, so I thought I’d share with you my notes from the public showcase. First, let’s take a deeper look into the companies that participated in the …

Bitesize newsbrief: Israeli startup headlines for the week of 01.29.08 | VC Cafe

Volatility in the markets soared this past week as we approach the end of the first month of 2008, and as we’ll approach the likely reality that the US has already entered a recession. The San Francisco Business Journal asked me to provide a comment for the article “Israel rolls out high-tech stars“. The question …

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