StartupIsrael News:
Outbrain raises 5M$ from Gemini and Lightspeed
Submitted by ron on February 26, 2008 - 09:15Outbrain (an LGI-Lab backed company) got more support from Gemini and lightspeed - a 5M$ round A investment. Outbrain allows bloggers to add a "rating" system feature to their blogs.
ICQ releases interesting data - they have 29million registered users
Submitted by ron on February 21, 2008 - 15:23ICQ has given some interesting data today: There are 29 million registered users (1.2m in Israel). 80% of the users are aged 13-29.
WPP digital invests 3M$ in nuconomy
Submitted by ron on February 11, 2008 - 21:38WPP digital has invested 3M$ in Nuconomy which develops tool to measure users behavior in web sites. Yossi Vardi has invested 300K$ in a previous round.
Carmel Ventures finished raising 235M$ for their third fund
Submitted by ron on February 5, 2008 - 09:46Carmel ventures have finished raising 235M$ for the new fund. They will continue their previous investment focus, investing in late-stage companies, including Internet ones.
Foxytunes sold to Yahoo! for 20-30M$
Submitted by ron on February 5, 2008 - 09:43Foxytunes (maker of a popular firefox extension) was sold to Yahoo!, for an estimated 20-30M$.
SemantiNet raised 1.7M$
Submitted by ron on January 23, 2008 - 09:16SemantiNet (developing some search-related technology) has just raised 1.7M$ from Giza. They claim to 'bring content to the user' which is better than having the user actively search for content, and also make a personalized product. Previous investors include Jeff Pulver and Yossi Vardi.
eCamp Israel - An International Technology Summer Camp
Submitted by ron on January 21, 2008 - 17:24Hingi on the verge of closing
Submitted by ron on January 21, 2008 - 09:16There is a rumour that Hingi is on the verge of closing, and have fired 15 employees already. The company has a service that helps you identify a song that is currently playing on radio and then download it to your cellphone. 3.4M$ has been invested already, and the company tried to raise more money from VCs but was unsuccessful.
Yahoo may be looking at buying Foxytunes
Submitted by ron on January 21, 2008 - 09:13TechCrunch reports that Yahoo may purchase Foxytunes - the company that makes a popular FireFox extension. Yossi Vardi is one of FoxyTunes' investors.
iMedix wins best 2007 new startup in Crunchies
Submitted by ron on January 20, 2008 - 09:33Congratulations to iMedix - they just won the "best new startup in 2007" in the Crunchies contest.
Well done! Other winners here.