Bitesize Monday: eToro, Covertix, Iway, Tawkon, Grouper….

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.

ignitad Announced A Round of $2 Million and New “Hedge Fund” for Display Ads [Interview]

“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

Bitesize Monday: Qlik, Persay, Clickfox – the Israeli startup headlines of Dec 4th 2010

JVP Raises $25 Million Annex Fund to Support Existing Portcos

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.

Israeli startup Qlipso Buys Almost-Bankrupt Veoh for its 14 Million Unique Users

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

2009 First VC Investments in Israel Down 50 Percent

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.

Yet Another Exit: Broadcom Pays $178 Million for Dune Networks

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 Invests Seed Round in Navajo Systems

JVP Media Studio, the incubator fund of Jerusalem Venture Partners, has announced an undisclosed seed round in Navajo Systems.

Israeli VC Funds Raised $793 Million in 2008

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

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