Following Wix’s $40 million announcement yesterday – growth capital seems to be the name of the game in Israel this week. Adap.tv, the video advertising company started by Shopping.com’s founder and former CTO Amir Ashkenazi, has announced a $20 million series C
eBay’s Paypal acquires Israel’s Fraud Sciences for $169 million, 12 times the return for investors
In an effort to fight fraudulent transactions and boost trust in online purchases, Paypal, the online payment service of eBay (NSDQ: EBAY), bought Israel/California based Fraud Sciences for a whooping $169 million in cash. Fraud Sciences is has developed online risk management tools over the course of five years, creating propitiatory technology that identifies fraudulent …