The amount raised was similar to $343 million raised by 104 companies in the previous quarter, and 13 percent above $303 million raised by 108 companies in the third quarter of 2009.
The amount raised was similar to $343 million raised by 104 companies in the previous quarter, and 13 percent above $303 million raised by 108 companies in the third quarter of 2009.
Zon networks, an enigmatic startup led by the former CEO of Jungo, raised a $7 million round from DFJ with no product in 2008. Two years later, there is still little known about the company apart from their new name, Hola!
Walden Israel, one of Israel’s oldest venture capital funds, is closing its doors after failing to raise sufficient capital for its follow-on fund. Walden is following several Israeli Venture Capital Funds who failed to raised follow-on commitments and subsequently decided to close doors:Concord Ventures, Delta Ventures, Israel Seed Partners, and Star Ventures. According to its …