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Pitango
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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.
Oracle Buys Pitango-Backed Convergin
Oracle acquires Israel-based Convergin, developer of a real-time service brokering applications for the telecom industry. Convergin has raised around $10 million in VC funding from Pitango Venture Capital and Rich Investment in November 2008.
PageOnce: 1M US Users, $6.5 Million in the Bank
Pageonce, an Israeli start up developing mobile and web virtual assistant applications, announced that it has raised $6.5 million in Series A.
Global From Day One: Two Can Win in the Market for Online Technical Support
Both FixYa and SupportSpace have demonstrated that there is significant consumer demand for online technical support services by taking very different approaches. While FixYa provides free access to a large repository of valuable troubleshooting insights, in addition to expert services, SupportSpace connects consumers with certified experts that resolve technical problems on web-connected devices.
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.
WinBuyer secures partnerships with leading comparison shopping engines, raises $6.9 Million
WinBuyer, a Tel Aviv-headquartered e-commerce technology solutions provider, is on a mission to change the way online retailers think about price comparisons.
Israel’s Pitango to Raise a China Fund – Will it Work?
Pitango, one of Israel's largest venture capital funds with $1.3 Billion in assets under management, plans to team up with a Shenzhen Capital Group to launch a $100 to $200 million fund with a focus on Chinese start ups.
$12 Million E Round to Israel’s YCD Multimedia
YCD Platform, the company's flagship product offers a web platform for retailers to control the display of ads, promotional messages, audio and video playlists to various locations simultaneously.
Sell High, Buy Low: Israeli Start Ups Get Funded
Despite the exit drought, more Israeli start ups have reported to recieve venture rounds from the last 60…
Israel’s Fring Raises C Round From Current Investors
TechCrunch reports that Fring, the Israeli start up developing VOIP and chat applications, has raised a C round…