Lool Ventures Bets on Tactus Mobile, Unveils ZooZ

Globes reported a rumored $1.5 million A round for Tactus Mobile, an Israeli startup in the mobile payments space. The round was led by Lool Ventures, an incubator/micro fund started by ex AOL/Yedda execs and joined by Israeli angel Yuval Tal (founder of several payment startups including Payoneer) and additional private investors who led the company’s seed round.

Capple Factory Brings Couples Together Through Mobile Apps [Interview]

I connected with Ofir to learn more about Capple Factory and Just Us. As app startups are growing in numbers and in popularity (taking Israeli startup Shaker who was crowned the winner of TechCrunch Disrupt yesterday), I was especially interested in the early stage challenges of launching an app and driving adoption

eBay acquires the GiftsProject and Opening Social Center in Israel

eBay acquired Israeli startup The GiftsProject for an undisclosed sum, according to AllthingsD. Founded in 2009, The GiftsProject has created a social commerce application, enabling users to vote, comment and buy a gift together as a group. Back in February, the GiftsProject announced a partnership with eBay as well as $1 million seed round from Gemini and Index ventures.

FT Covers Israel The Startup Nation – Sep 1 2011

A big spread on Israeli startups and Venture Capital by Tobias Buck was published in the FT this morning , showcases what made Israel the startup nation, and what are the challenges ahead.

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.

Israeli Startup Zerto Raises $15 million B Round for Disaster Recovery on the Cloud

Israeli startup Zerto has now announced the launch of a new product suite, the Zerto Virtual Replication as well as the completion of a $15 million B round led by U.S. Venture Partners (USVP) and joined by existing investors Battery Ventures and Greylock Partners.

VentureGeek’s Graduate 6Scan Gets Funded by YL Ventures

Israeli startup 6scan today announced it has raised an undisclosed A round led by YL Ventures. 6scan, still in stealth mode, offers a protection suite for website through its 6scan Patrol and 6scan Bodyguard products. It acts like a white hat hacker, monitoring sites for known and unknown threats for $10 a month.

Supersonic Ads Raises $4.2 Million from Greylock

SupersonicAds, the London-based Israeli startup developing social in-game advertising solutions, has announced the completion of a $4.2 million round led by Greylock Israel. $6 million have been invested in the company to date, and as a result of this round, Greylock IL partner Yoram Snir will join the board of SupersonicAds.

Organization Sponsors Interns to Work at Israeli Tech Companies [guest post]

The TAMID Fellowship is a selective program that funds TAMID’s most promising student leaders for an eight-week internship and business immersion experience in Israel. For Israeli companies, the TAMID Fellowship is a boon. TAMID compensates the interns directly, and companies are not required to provide a wage.

Half of Israel’s VCs Believe We Are Near A Second Internet Bubble

The recent wave of Internet IPOs seems to remind the Israeli VCs of the previous tech bubble. 50% of them, believe that we’re about to enter a second bubble and 33% claim that Groupon, LinkedIn, Facebook, Twitter and Zynga are overvalued, according to the latest Israel VC Indicator Survey for Q2 2011, published by Deloitte.

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