Big day for Israeli start ups today as two companies announce funding from unexpected sources. No VC money? no problem! Modu Mobile, Dov Moran’s mobile company aiming to create the world’s smallest cell phone, gets an oxygen injection today with…
Israeli start up Intercast Networks is about to be sold for $7.2 -$10 million (estimates vary according to Israeli media outlets), to an undisclosed client, marking a significantly lower exit compared to what was invested in the company. The main…
IVC Online has recently released the Q3 quarterly survey on the state of the VC industry in Israel. Q3 2008 contributed $600 million to the capital raised by Israeli VCs, 45% above Q3/07 levels. These figures are not surprising, given…
