Category Venture Capital Funds

Testing is important: Optimal Test raises $16M in second round

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…

Daylight Savings: XJet first round, Octavian second round, Petrobras Shopping, Jordan Valley Semiconductors and Q3 Summary

Catching up with some of the recent deals in the industry. Below is a short recap of what’s been getting money these days: 1. Octavian Inc, a leading provider of Separately Managed Account (SMA) solutions in the Wealth and Investment…

Who will create the world’s first Virtual TV Network?

NBC, BBC, ABC… and maybe soon RayV TV as well. Israeli RayV raised a second round of $8M to develop live 24 hour broadcasts of quality programming for the PC and TV in what they call a “Virtual TV Network”.…

Combine the Collective Intelligence – Five Questions to OutBrain’s CEO

I recently had the pleasure to “e-meet” Yaron Galai, Co-Founder and CEO of Outbrain, the company behind the voting widget in the bottom of this post. Yaron was kind enough to answer 5 questions for VC Cafe. Without further ado,…

Dapper launches AppMaker – Mass Production of Facebook Apps

If you build it, they will come. Israeli based Dapper, a widget creation site has announced the launch of AppMaker – a tool that converts any Dapper feed (Dapp), into a fully independent Facebook app. If you are not familiar…

Winners of the best venture-backed competition

Last Month, Red Herring and the Israel Venture Association co-sponsored a competition in Israel, limited to early stage companies with revenues of up to $10 million in 2006 supported by venture funds associated with the IVA. Three Israeli startups received…

Ceedo recieves an undisclosed investment from Intel Capital

Intel Capital, Intel’s investment group, invested an undisclosed sum in Ceedo Technologies, a privately held software company. The Israel-based company said it would use the investment to: ‘further establish its position as a leader in personal working environment software for…

Reuters buys Israeli start-up ClearForest

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…

Israeli Telco Database Startup Xeround Raises $7M

Xeround Systems, an Israeli based Telco Database start up has recently raised 7M in a second round of financing from Benchmark Capital and Giza Venture Capital. To date, Xeround raised a total of $14M. According to their website, “Xeround’s unique…