12% Drop in VC Investments in Israel for Q1 2010

Israeli high tech firms have reached the lowest financial point in five years, says IVC Research in its latest press release.  According to the Q1 2010 report, Israeli companies managed to raise $234 million from both Israeli and foreign venture capital funds. This represents a 15% drop from Q4 2009 and a 12% drop from …

Israeli VC Funds Struggled to Raise in 2009

The latest IVC report shows that Israeli VC funds were able to raise only $229 million in 2009, a staggering 72% less than $803 million raised in 2008 and the third lowest amount raised per annum in the last decade.

SeekingAlpha Seeks No Further: B Round Raised from DAG Ventures

Israel-based SeekingAlpha, publisher of user-generated financial commentary has raised a B round of $7 million, led by DAG Ventures and joined by previous backers Benchmark (Michael Eisenberg) and Accel.

IBM to Buy Database Security Co Guardium for $225 Million

IBM is about to acquire Guardium for $225 Million, according to Haaretz. Guardium provides software solutions for database activity monitoring, security, and auditing. This is the largest high-tech Israeli exit in 2009 and a great achievement for Guardium’s investors, who will be getting 10x returns on their bets.

Axxana Secures Series B Funding to Accelerate Uptake of Phoenix

Data protection software startup Axxana has secured a $9 million Series B investment led by Carmel Ventures. The investment proceeds will be used to help accelerate greater adoption of Axxana’s Phoenix System.

IVC Report: VC Investments in Israeli Companies Decline 50% in Q3

08 Israeli high tech companies raised a total of $303 million in Q3, according to the latest report conducted by the IVC Research Center.

CopperGate Sells to Sigma Designs, Some Say Prematurely

CopperGate, the Fabless Semiconductor start up founded in 2000, was sold to Sigma Designs for $160 million in stock and cash. While this is one of the largest exits in Israel in recent months, critics say that it is yet another example of why high-tech companies can’t become large in Israel.

Exclusive: Kampyle Raises Round from Carmel Ventures

Feedback analytics start up Kampyle has raised an undisclosed round from Carmel Ventures. Founded in 2007 by Ariel Finkelstein, Ilan Steiner and Eran Sabir, Kampyle has developed a SaaS platform enabling webmasters to manage user feedback. As featured on VC Cafe, Kampyle’s flagship product, Kampyle for websites is especially popular with eCommerce sites. Apart from …

Israeli VC Funds Raised $793 Million in 2008

The capital available for investment now reaches $1 Billion, of which $400 million is intended for first investments in high-tech companies and the remainder reserved for follow-on investments. Forecasts for 2009 are pretty grim – IVC estimates only $300 million to be raised this year

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