iamba, an Israeli startup that develops optical communication systems for VOIP and IPTV, was sold to Marvell for $10 million. iamba had received $25 million in four rounds of venture backing from Cedar, Giza and Pitango and it has recently…
It’s not very often that two Israeli venture funds complete closing for additional funds, but after all it shouldn’t surprise anyone. Israel has been ranked among the four most preferred global target markets for US venture capital funds and earmarked…
Gamers listen up: 3DV Systems, a pioneer Israeli tech startup and world leader in 3D video imaging, has developed a revlutionary technology that could revolutionize the $30 billion gaming industry. It’s latest development is called ZCam™ – a low cost…
Israel-based startup Optimal Test has raised $16 million in a second round of financing led by Evergreen Venture Partners as well as former investors – Carmel Ventures and Pitango. The round brings to $30 million the total VC funds raised…
Tired of staring at a motionless movie player while waiting to watch videos online? Israeli startup SpeedBit, creator of the popular Download Accelerator, has found a way to innovate and leverage the exponential growth of videos online. Delivering high quality…
ClearForest has developed text analysis solutions for business intelligence applications.Globes and Haaretz reported that Reuters Group has acquired Israeli text analysis technology developer ClearForest Ltd. for about $25 million. The companies announced the deal today, before trading began on Nasdaq.ClearForest…
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