Israeli startup Xeround announced a fourth round of $16 million led by US funds Trilogy Funds (who also just invested in Zon Networks) and Ignition Partners. Giza and Benchmark, the two Israeli funds that invested in Xeround early on, also joined the round. To date, this round puts Xeround at $34 million in funding since the …
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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 …
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Microsoft likes the flavor of Falafel – that’s one explanation for its second acquisition of an Israeli startup in two weeks. Following the sweet exit of YaData, MSFT goes at it again and this time it’s Kidaro’s turn, an Israeli developer of desktop virtualization software for enterprises. The sum of the acquisition was undisclosed, but …
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