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Waze

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Huge Round for Waze, Raises $25 Million for Social GPS

Israeli startup Waze, developer of the free social GPS app for smart phones, has announced a $25 million venture round to scale operations, continue building its platform for real-time location data and move its headquarters from Israel to Palo Alto, California according to the company blog, By The Waze.
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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,…