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.
SalesForce.com, a pioneer in SaaS technology has made its first acquisition in Israel, with its decision to buy Navajo Systems for $30 million, says Globes. Following the acquisition, SalesForce will open its first R&D center in Israel.
Bitesize Monday on VC Cafe- the headlines that make the startup nation what it is today… founding rounds raised by eToro, Covertix, Playcast Media and Omek Interactive, product launches by Tawkon, acquisition by Groupon and much more.
Israeli startup MySupermarket has completed a new round of investment of $7.4 million, led by Graylock and Pitango. The company has raised $22 million to date.
Venture capital in Hebrew literally translates to “danger capital”. However, many Israeli entrepreneurs will tell you, that Israeli VC funds do all but taking risks. Despite the wealth of startups, Israel typically has a lower volume of deals. In the past month, three Israeli venture funds have announced financing rounds. This is not a coincidence …
Continue reading “What Crisis? Three Israeli venture funds raise $250 million”
