IBM is about to acquire Guardium for $225 Million, according to Haaretz. Guardium provides software solutions for database activity monitoring, security, and auditing. This is the largest high-tech Israeli exit in 2009 and a great achievement for Guardium’s investors, who will be getting 10x returns on their bets.
Ultra Light LED Bulbs: Oree Raises $4 Million from SVB and Kreos
The Israeli startup Oree, developer of innovative LED lighting technologies, has announced that it has secured a $4 million venture loan from SVB (Silicon Valley Bank) and Kreos Capital. The company had previously raised a round of $7 million from Genesis Partners and Belgium’s GIMV. The proceeds of this round will be allocated to manufacturing …
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