eBay’s Paypal acquires Israel’s Fraud Sciences for $169 million, 12 times the return for investors

In an effort to fight fraudulent transactions and boost trust in online purchases, Paypal, the online payment service of eBay (NSDQ: EBAY), bought Israel/California based Fraud Sciences for a whooping $169 million in cash.  Fraud Sciences is has developed online risk management tools over the course of five years, creating propitiatory technology that identifies fraudulent …

Exclusive Interview: Collarity’s platform reinvents publisher content monetization (Levy Cohen)

In an exclusive interview with VC Cafe, Levy Cohen, CEO and Founder of Israel/US based Collarity, provides insights into the company’s value proposition, future plans and lessons learned along the way. Founded in 2005, Collarity has developed a comprehensive content monetization platform for web publishers. What does it mean? Collarity is basically a web service …

Semantic web search lives: Semantinet got $1.7 Million from Giza and Vardi to prove it

SemantiNet, a semantic search technology startup based in Israel, raised a round of $1.7 million led by Giza Venture Capital. Israeli angel and internet guru Yossi Vardi is listed among Semantinet’s previous investors along with Sir Ronald Cohen (founder of Apax Partners), Robert Imershein, Moudi Ben-Shachand and Jeff Pulver.  There’s not much known about Semantinet’s technology. A blog post reports that the company development is …

Techcrunch post stirs political debate

The Israel Web Tour is less than a month away and it’s already making headlines. Michael Arrington posted about the fifteen Israeli companies chosen to tour Silicon Valley (covered on VC Cafe), and sparked a debate in the comments section. TechCrunch’s short post sparked a political debate spanning across 59 comments, questioning the right of …

Didn’t make it to the Israel Web Tour? Wanted to win the Crunchies? Apply for Under The Radar

On March 20 2008, three hundred and fifty people will meet at the Microsoft Campus in Mountain View, CA for the 10th installment of Under the Radar, a one-day event, featuring 32 emerging startups.  Under the Radar is organized by Deal Maker Media and its considered as one of most respected and attended Silicon Valley …

Mutually beneficial: Israeli companies open offices in the US

Attracting talent and companies is not an easy task for US cities and states. In the current labor market, American companies are outsourcing jobs to India, the Philippines, China, etc. In contrast, Israeli companies are moving operations to the US, bringing business in, attracting jobs, generating revenue for municipalities and supporting local businesses. The International …

Peter Thiel gambles on the next internet hit – Israel’s Hooja

Peter Thiel knows a thing or two about consumer internet. After all, he’s a PayPal cofounder, one of Facebook’s board members and its first investor ($500,000) way before its $15 billion valuation, giving him a hefty return of a billion. Thiel is known as a savvy investor with a ‘golden touch’ that tends to invest …

Free international calls from your cell phone, no PC required

Jajah, an Israeli VOIP provider, is taking VOIP to the next level with a new product called Jajah Direct. As its official blog explains, the service offers international calls for the price of a local call with no need for internet connection. Unlike Gizmo, Skype, Vonage and other VOIP providers, JaJah Direct removes the need …

Go Israel: Out of 8 stories on Techcrunch’s homepage, 5 are on Israel: AllofMe, SeeToo, Google Israel, eToro and SuTree

The front page at TechCrunch looks as if it was taken out of the Venture Capital Cafe today. Out of 8 posts displayed on the home page, 5 are related to Israel – not bad for a tiny country in the middle east. AllofMe, SeeToo, Google Israel, eToro and SuTree – read more on VC Cafe.

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