Israeli startup Taboola is growing from strength to strength. The recent news of a D Round of $15 million round led by Pitango and joined by previous backers Evergreen Venture Partners, WGI Group and Marker. Taboola’s flagship product, EngageRank, suggests related videos users may click on, and helps publishers make more money from their existing content …
Continue reading “Taboola is Growing Internationally, Here’s a London-based Intern Experience”
Apple is in talks to acquire Israeli flash maker Anobit for a rumored $400-$500 million, according to a report by Calcalist. This would be Apple’s first acquisition in Israel and if completed, Anobit and its 200 employees in Herzliya will become Apple’s R&D center in Israel.
The LinkedIn IPO this week may have opened the gates for an Israeli market thirsty for exits, but in the meanwhile, VC funding in Israel continues with business as usual. Below are three recent founding rounds in Israeli venture-backed companies. Onavo, Kaminario and VideoSurf are three recent examples of venture-backed Israeli startups that have raised funding.
Israeli startup headlines for March including new fundraising rounds, product launches, M&A deals, cleantech headlines and Israeli venture capital news, curated by VC Cafe, the home of Israeli startup news since 2005.
All the above points of view emphasize how important it is for Israeli startups to establish their presence in foreign markets. But, with the rise in the importance of Asian markets, particularly the mammoth market of China, the question becomes: what ticket do startups need to buy first – New York or Shanghai?
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?
LiveU has announced a third round of $11 million, led by Pitango and joined by existing investors, Carmel Ventures and Canaan Partners. This brings LiveU’s total investment to date to over $23 million.As a result of this round Isaac Hillel, managing partner at Pitango, will join LiveU’s board.
# 80 schools in New York are testing Time to Know’s computer-based curriculum in the class room as part of a $7.2 million project – http://goo.gl/TAFp
# Fabless semiconductor company Provigent is named the most promising startup in Israel by Globes and E&Y – The company had $25 million revenue in 2009 and expects $40 million in sales this year
Israeli startup MySupermarket has completed a new round of investment of $7.4 million, led by Graylock and Pitango. The company has raised $22 million to date.
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.
