This month’s trend continues to be the acquisition of mature Israeli high tech companies by multinationals. Avaya, EMC and VMWare are following the footsteps of Facebook, eBay, Cisco and HP with Israeli acquisitions that become R&D centers. Great for them, good for Israel.
Israeli Startup Wanova Raises $10 million in Series B
Wanova, the Israeli corporate cloud services provider, has announced the completion of its round B financing totaling $10 million. The round was led entirely by previous backers: the Israeli offices of Greylock Partners and Carmel Ventures, as well as US fund Opus Capital.
