Siklu Raises $19 Million for Cheaper Wireless Bandwidth

Israeli startup Siklu Wireless Communications has raised a series B round of $19 million led by new investors Amiti Ventures, Qualcomm Ventures and joined by all existing investors: DFJ- Tamir Fishman Ventures, Evergreen Venture Partners and Argonaut Private Equity. Another strategic investor (CVC) joined the round but remained undisclosed. Siklu Wireless Communications has previously raised $12 million in 2008, bringing the funding to date to $31 million.

Special: The 56 Israeli Companies Exhibiting in Mobile World Congress 2011

Israeli startups in the mobile space are once again showing impressive attendance levels, with 56 Israeli companies exhibiting in the Israeli Pavilion at the 2011 Mobile World Congress [MWC]. For the third consecutive year, VC Cafe puts the spotlight on the Israeli startups presenting at the event.

IVC: Investment dollars in Seed Israeli start ups down 28%

According to IVC Research, 28% of the venture capital investments were made in seed stage companies in 2008, compared to 43% in 2007. More than 30% of the vc funds in Israel made no investments in seed companies in 2008. Greylock Israel was 2008’s most active fund ranking with nine First investments followed by Vertex with …

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