A new report by IVC Research center, ranks the most active VC funds in Israel according to their first money investments. Carmel Ventures topped the list with 11 new investments followed by Horizons Ventures. In total, 90 VC funds in…
Bitesize Monday on VC Cafe- the headlines that make the startup nation what it is today... founding rounds raised by eToro, Covertix, Playcast Media and Omek Interactive, product launches by Tawkon, acquisition by Groupon and much more.
"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.
Bitesize Monday: Qlik, Persay, Clickfox - the Israeli startup headlines of Dec 4th 2010
Jerusalem Venture Partners successfully raised $25 million for an annex fund to strengthen the portfolio companies in the Israel-focused JVP IV which closed in 2001. The aim of the fund is to support existing investments by "enhancing their business propositions" and preventing premature sales in a downturn.
Qlipso, an Israeli startup funded by JVP (see previous VC Cafe post), has announced the acquisition of the assets of Veoh, a user generated video site, on the virge of its declaration of bankruptcy
Terra Venture Partners, a $25 million fund made the most first investments in 2009 (6 deals) followed by Carmel, Giza, JVP, Magma, Pitango, Sequoia and TriVentures (another small fund with $25 million under management), who all made 5 first time investments.
US semiconductor manufacturer Broadcom (NSDQ: BRCM) bought Dune Networks, developer of Data Center Networking Equipment for a reported $178 million in cash.
JVP Media Studio, the incubator fund of Jerusalem Venture Partners, has announced an undisclosed seed round in Navajo Systems.
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
