Investment

Clicktale announces a round of financing

ron — Thu, 06 Dec 2007 01:04:51 -0600

Ouriel Ohayun (from LGI lab) reports that Clicktale has announced a round of financing. The amount (and the investors) was not published.

US-based Zitleman group to invest 20M$ in Isareli startups

ron — Wed, 28 Nov 2007 01:44:25 -0600

Zitleman group has allocated around 20M$ to invest in Israeli startups, cooperating with Glenrock VC. They will invest in Round-A and later stages, but only about 100K$ in each company. They have already made several investments in Israel, and say they do no limit themselves to any field or company type.

Technion seed - a new "seed" incubator from the Technion and 4 VCs

ron — Tue, 23 Oct 2007 01:40:05 -0500

The Technion Seed is the new incubator from the Technion institute (Haifa). The incubator is actually a partnership of 4 VCs (Vertax, Buttery Ventures, Vitalife and Proseed), who'll invest directly in the companies. They will invest in up to 5 companies each year (with no 500K$ limit investment like most incubators).

They are looking for high-risk and high-rewards companies - a huge market, promising technology and innovation. They want to invest in Internet, ICT, Medical devices and 'new-materials' companies.

Read more here (Globes, hebrew)

Metacafe raises 30M$

ron — Tue, 21 Aug 2007 09:43:02 -0500

Video site Metacafe raised 30M$. The round was led by new investors Highland Capital Partners and DAG Ventures. Existing backers Accel Partners and Benchmark Capital also contributed to the round.

Pitango invests 600K$ in Omgili

ron — Sun, 22 Jul 2007 10:57:53 -0500

Pitango invests 600K$ in Omgili.

Omgili is a web-based information services company. The company's search and research services are based on advanced and proprietary discussion group search technologies. These services enable individuals, companies and institutions to effectively tap into the collective intelligence and experience of millions of people on the World Wide Web, and derive valuable information, knowledge, conclusions and insights.

The funding enables Omgili to upscale its search and storage capabilities to the dimensions needed in order to cover the lion's share of relevant online information on a daily basis, to pursue its plans to commercialize its technology and will take the company to a planned first round of funding.

adap.tv raises 10M$ from Gemini and Redpoint Ventures

ron — Thu, 12 Jul 2007 02:26:19 -0500

Israeli adap.tv raised 10M$ from Gemini and Redpoint Ventures. The company has a contextual-video-advertisement platform - they analyze the video content (using text and sound) and display a related floating ad beside it. They already have an agreement with MetaCafe.

Quigo raises 30M$, lands an ad agreement with Time

ron — Fri, 29 Jun 2007 00:22:30 -0500

Quigo raises 30M$ (valuation of 250M$) from IVP and their existing investors. Quigo has an on-line advertising platform, and lists ESPN, Fox, ABC and others as clients. They have also signed a big contract with Time.

''Globes'' also reports that the company is readying for a Nasdaq IPO, which will probably take place in early 2008.

Read more here (Globes, hebrew)

Advertising giant Y&R partner with PDWay

ron — Wed, 27 Jun 2007 00:06:50 -0500

Y&R (advertising giant) partners with PDWay. The deal is that Y&R will get a stake in PDWay in return for strategic help and marketing services (valued as a few million dollars). PDWay is into digital coupons, and has recently completed a 3M$ round from a private investor. They are now seeking to have a 10M$ round of investment (part of it is this deal with Y&R).

Read more here (Globes, hebrew)

Pudding raises 3.5M$

ron — Wed, 16 May 2007 23:50:08 -0500

Pudding raises 3.5M$ from Opus Capital, BRM, and some private investors. The company has a product related to internet shopping, but is remaining secretive for the time being.

Read more here (Globes, hebrew)

Hingi raises 3.4M$

ron — Wed, 16 May 2007 23:48:15 -0500

Hingi raised 3.4M$ from Opus capital and other VCs. Hingi allows people to get information through their cellular phone with a minimum amount of clicks. Their first application allows you to see what song is currently playing in the radio, and purchase it. Hingi was one of the 10 companies in TWS 2007.

Read more here (Globes, hebrew)