"In the online advertising industry there is never a dull moment", told me Assaf Roth the founder of IgnitAd. Indeed, this early stage startup has a lot going on. On Wednesday this week, the company announced a its first round of funding of $2 million, led by DFJ Tamir Fishman Ventures and JVP Media Labs.
Jinni, an Israeli startup offering a taste-and-mood based guide for movies and TV shows, announced yesterday the closing of its $5 million series B funding. The round was led by Belgacom and an undisclosed connected-TV manufacturer. Previous backer DFJ Tamir Fishman Ventures (led the previous $1.6 million round a year ago) also participated.
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?
Zon networks, an enigmatic startup led by the former CEO of Jungo, raised a $7 million round from DFJ with no product in 2008. Two years later, there is still little known about the company apart from their new name, Hola!
Jinni, the taste engine for movies and TV shows which featured in our Global From Day One column several weeks ago, has secured a $1.6 million Series A round of financing from DFJ Tamir Fishman Ventures.
According to IVC Research, 28% of the venture capital investments were made in seed stage companies in 2008, compared to 43% in 2007. More than 30% of the vc funds in Israel made no investments in seed companies in 2008. Greylock…
Ofer Vilenski & Derry Shribman, the two entrepreneurs who previously sold Jungo to NDS Group for $108 million in 2006 go at it again. Founded only 6 months ago, Zon networks (temporary name) prefers to completely fly under the radar even after announcing the $7 million round…
