Tag Archives: Pitango

Disrupt Winner Shaker Raises $15 Million Series A

It seems like yesterday that Israeli startup Shaker won Techcrunch disrupt, and today the company is announcing a $15 million round led by Menlo Ventures. Other investors include Innovation Endeavors (Dror Berman), Troy Carter and Rami Beracha from Pitango as well as CrunchFund who was already an investor in Shaker.

Israeli Startups Look to New York, and increasingly Shanghai

All the above points of view emphasize how important it is for Israeli startups to establish their presence in foreign markets. But, with the rise in the importance of Asian markets, particularly the mammoth market of China, the question becomes: what ticket do startups need to buy first – New York or Shanghai?

LiveU Raises $11 Million from Pitango in its Third Round

LiveU has announced a third round of $11 million, led by Pitango and joined by existing investors, Carmel Ventures and Canaan Partners. This brings LiveU’s total investment to date to over $23 million.As a result of this round Isaac Hillel, managing partner at Pitango, will join LiveU’s board.

Bitesize Tuesday: Fifty one, Provigent and Time to Know

# 80 schools in New York are testing Time to Know’s computer-based curriculum in the class room as part of a $7.2 million project – http://goo.gl/TAFp
# Fabless semiconductor company Provigent is named the most promising startup in Israel by Globes and E&Y – The company had $25 million revenue in 2009 and expects $40 million in sales this year

VMWare Snatches B-Hive, Opens R&D Center in Israel

VMware (NYSE: VMW), the leading developer of virtualization solutions, has announced the acquisition of Israeli start-up B-hive Networks for an undisclosed sum. Industry experts estimate the price range at tens of millions.  Following the merger in Q3 of 2008, VMWare plans to open an R&D center in Israel, based initially on B-Hive’s facilities and team …

Continue reading “VMWare Snatches B-Hive, Opens R&D Center in Israel”

The Golden Age? Israeli Startups Experience Funding Streak (Part I)

Since I started following the Israeli market in 2005, it’s not often that I’ve seen so many Israeli startups raise money in such a short period of time. Capital raising is seen across the board in Telecommunications, Cleantech, Internet, Consumer Electronics and Biotech in the last couple of weeks. Is this the Golden Age of …

Continue reading “The Golden Age? Israeli Startups Experience Funding Streak (Part I)”

Genesis Partners Set Out to Raise $150 Million – Will they make it?

Globes reports that Genesis partners is getting ready to raise a fourth fund of $150 million in addition to its $518 million under management. I wonder how the timing will affect their level of success. There’s a saying in Heberew: an Optimist is a Pesimist with no prior experience. On one hand, Genesis recently marked …

Continue reading “Genesis Partners Set Out to Raise $150 Million – Will they make it?”

If It Ain’t Broken, Don’t Fix It: FixYa Raises $6M

Another Israel/California based startup makes the headlines: Fixya, a site dedicated to help customers troubleshoot electronic devices, has just announced a series B funding of $6 million led by Mayfield Fund, and Pitango Venture Capital. FixYa is a user generated customer service platform, enabling visitors to search for answers about their product-related questions. The FixYa …

Continue reading “If It Ain’t Broken, Don’t Fix It: FixYa Raises $6M”

Brazilian Optics Giant Buys Israel’s Civcom for $40M

Not only Microsoft is buying up Israeli start-ups. Brazilian optical network solutions giant Padtec has paid $30-40 million for Civcom, an Israeli pioneer in the development and manufacturing of cost saving optical solutions for communications, test and measurement, and military applications. The move comes on a wave of rapid expansion for Padtec as it seeks …

Continue reading “Brazilian Optics Giant Buys Israel’s Civcom for $40M”

Bitesize: A Low Calorie News Dose

Israel’s HealOr raises $8M, Sand Hill Road vs. Hamenofim Street in Israel, itelman Group to invest $20M in Israeli startups, interview with the founders of Pitango, Jerusalem Global Ventures to raise a new $200M fund, InSightec Ltd raised $30 million, Israel’s credit rating to “A”, Advasense raised $6M from CIDC, Medingo raises $27M, Mobile Web – so close yet so far…

Exit mobile version