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 by the company. Optimal Test develops a test suite for maximizing IC yields through managed …
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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 Management (WIM) industry, announced the completion of a $10 million, second round of investment led …
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”. Facebook‘s investor Accel Partners, one of Israel’s most active VC funds, financed the round. Accel …
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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, see the scoop below. Question: In simple words, What is Outbrain? Yaron: Outbrain is a …
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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 with Dapper, I recommend checking out the video demo here. This could be a huge …
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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 first prizes as the best young companies in their respective sectors. And the winners are: …
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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 consumer portable storage devices, and accelerate its growth into the corporate and business market segments‘. …
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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 was founded in 1998 by chairman and chief scientist Dr. Ronen Feldman and CTO Dr …
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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 approach to real-time data management delivers cost performance that far exceeds proprietary, traditional off-the-shelf and …
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