April 16, 2014
Israeli researcher Dr. Regina Golan-Gertsl was already researching cancer, but when she lost her mother to brain cancer – she focused her efforts to find a cure and has now made a breakthrough discovery.
April 23, 2014 | Israeli company IDE Technologies, a world leader in desalination, has announced that it had received the Global Water Award for best desalination facility earlier this month. The award was given by Global Water Intelligence at the Global Water Summit in Paris at the beginning of the month. IDE received the award for its Sorek facility, which has the world’s largest and most advanced reverse-osmosis desalination system.
April 22, 2014 | Israeli startup Back&, which develops software solutions that can reduce app-development time by 50 percent, has raised $1.25 million. $1 million was invested by Inimiti, while $250,000 was invested by serial entrepreneur and inventor of the USB flash drive Dov Moran.
April 22, 2014 | Israeli company Tipa Corp, which develops biodegradable packages for the food and drink industry, is raising $10 million, led by Chinese billionaire Li Ka-Shing’s Horizon Ventures. “Calcalist” reports that Horizon will be joined by existing investors Aviv Ventures and GreenSoil.
April 22, 2014 | Israeli company Brainsway, which develops non-invasive treatments using transcranial magnetic stimulation (TMS), has reported positive results in a small trial for the treatment of Parkinson’s Disease. The trial was done at the San Raffaelle medical center in Milan, italy, and included 60 patients, which is not a large-enough test group for conclusive results.
April 20, 2014 | American biopharmaceutical company OPKO Health has entered into a definitive agreement to acquire Inspiro Medical, an Israeli medical device company developing a new platform to deliver drugs to treat respiratory diseases. Inspiro’s Inspiromatic is a “smart” easy-to-use dry powder inhaler with several advantages over existing devices. Financial details of the transaction were not disclosed.
April 17, 2014 | Partner Communications has announced the opening of a new accelerator for smartphone apps in Israel – the Orange 4G Innovation Lab. The accelerator will focus on startups developing apps in the fields of entertainment, automobiles, health and the internet of things. The first class includes seven startups: Simple as me, Glance, Feel stream, I4drive, Magisto, Derma compare and VoiceITT.
April 15, 2014 | Israeli company Slidely, which offers a platform for turning a series of images into video presentations, has announced the closing of a financing round, raising $7.3 million. The round was led by the Benson OAK fund, which also invested in the company’s previous financing round.
April 15, 2014 | Israeli company Fundbox, which offers small businesses the option of clearing outstanding invoices, has announced the closing of a Series A financing round, raising $17.5 million. The round was led by Khosla Ventures, with participation from other investors.
April 10, 2014 | Israeli nonprofit SpaceIL, which plans on landing the first Israeli unmanned spacecraft on the moon, has announced the receipt of a $16.4 million donation from the Dr. Miriam and Sheldon G. Adelson Family Foundation. SpaceIl is a participant in the prestigious Google Lunar X Prize (GLXP) competition.
April 10, 2014 | Israeli cloud security company GreenSQL has announced the closing of a Series C financing round, raising $7 million. The financing round was led by Jerusalem Venture Partners (JVP), with participation from all existing investors.
April 10, 2014 | Israeli startup Kaltura, which develops white-label video platforms, is planning an IPO within 18-24 months. The company’s CEO Michal Tsur told “Globes” that the IPO is in the company’s future plans. Kaltura, which recently raised $47 million, is estimated to be worth over $1 billion.
April 9, 2014 | Israeli startup Flayvr, which developed an app for automatic sorting of media captured with smartphones, has announced the closing of a financing round, raising $2 million. The round was led by Kaedan Capital, former Microsoft Corporate Vice President Moshe Lichtman, Aviv Venture Capital and iAngels. The company says that the funding will be used to double the Flayvr team size, expand company operations in the United States, and to improve and extend the Flayvr platform.
April 9, 2014 | Israeli startup Neura, which offers a platform for the Internet of Things, has announced the closing of a Series A financing round, raising $2 million. The financing round was led by Greenhouse Capital Partners, with participation from Pitango Venture Capital, Innov8, TriplePoint Capital and several private investors.
April 8, 2014 | Israeli game show format “BOOM!,” which sees contestants answering trivia question in order to diffuse a fake bomb, has been acquired by major American TV network FOX. The game show, which premiered in Israel to excellent ratings, has also been acquired by France’s TF1 earlier in the week.
April 8, 2014 | Israeli startup Beamr, a leading provider of image and video optimization products, has announced that it has closed a $9.5 million financing round. The round was led by venture capital firms Marker LLC and Innovation Endeavors.
April 7, 2014 | Popular Israeli content recommendation platform Outbrain is considering going public on Wall Street. According to a report on the Financial Times, the company will attempt to raise $100 million at a company value of over $1 billion. Outbrain raised $35 million in a financing round some five months ago.
April 7, 2014 | Israeli solar energy company Arava Power is inaugurating six new solar fields in the southern Israeli desert. One solar field was built by Nextcom and the other five by Siemens Israel. The fields will generate a total of 36 megawatts of electricity and cost roughly NIS 500 million (approx. $143.5 million).
April 7, 2014 | Five former portfolio companies from the RAD BioMed accelerator have raised a total of $7 million in follow-on investments from the RAD Group and additional private investors. “Globes” reports that The companies are VGS Ltd., which has developed a method for reducing rejection of vein grafts; Vectorious Medical Technologies Ltd., which has developed an implant for early diagnosis of heart failure; Laminate Medical Technologies Ltd., which is developing an implant for improving renal vascular procedures; Perflow Medical Ltd., which is developing endovascular device for removing blood clots during brain surgery to prevent ischemic stroke; and Moebius Medical Ltd., which has developed liposomal lubricants for treating osteoarthritis.
April 7, 2014 | Israeli advertisement technology company Kenshoo has raised $20 million in a financing round. “Calcalist” reports that the round was led by Bain Capital with participation from existing investors.
April 3, 2014 | Israeli-American 3D printing giant is continuing to tighten its grip on the 3D printing world with two acquisitions. The company has acquired Solid Concepts for $295 million and Harvest Technologies for an undisclosed amount. Both companies will be integrated with Startasys’s RedEye, and become one additive manufacturing unit.
April 3, 2014 | International technology giant Samsung is in talks to acquire Israeli indoor-navigation company ShopCloud. Israeli technology blog “GeekTime” reports that Samsung will shell out $80-90 million for the Israeli startup. The amount proves to be a hefty return for the company, who has raised a total of $700,000 to date.
April 2, 2014 | On this year’s New York Emmy Awards Ceremony, Israeli company Replay Technologies has won an award in partnership with YES Networks. The award was given in the “Technical Achievement” category, for Replay Technologies’ FreeD system which enables 360 degree replays for sporting events on YES Networks’ broadcasts.
April 2, 2014 | Israeli company WalkMe, which developed a step-by-step guidance app for websites and other computer applications, has announced the closing of a Series C financing round, raising $11 million. The round was led by Scale Venture Partners, with participation from current investors.
April 1, 2014 | Israeli company Infinity Augmented Reality, which specializes in augmented reality technology, has announced an additional $2.5 million in funding. The financing round was led by Credit Strategies, LLC and with Genesis Angels Fund, LP. The company says it will use the new funds to further advance the development of its core software solutions.
April 1, 2014 | Israeli DIY website platform Wix has cancelled its planned secondary offering on NASDAQ. Last month, the company filed with the SEC to hold a secondary offering, in an attempt to raise up to $86.3 million. The company cited adverse market conditions as the reason as the reason for cancelation.
April 1, 2014 | Israeli-owned company SafeCharge, which provides credit card clearing services for the gaming industry, has raised £75.8 million ($126 million) in an IPO it held on London’s Alternative Investment Market (AIM). The IPO was held at a company value of £242.6 million ($404 million), after money.
March 31, 2014 | Israeli company Camtek, which develops manufacturing technologies for the semiconductor industry, has announced that it has received orders totaling at $4 million. The company says it has received multiple orders for its inspection and metrology systems from a leading global manufacturer specializing in advanced mixed signal solutions for the semiconductor industry.
March 31, 2014 | Israeli company OrCam Technologies, which develops artificial vision technology for the blind and visually impaired community, has received a $20 million investment from Intel. OrCam’s product performs many functions to assist the blind, such as reading street signs aloud.
March 27, 2014 | The Technion – Israel Institute of Technology, has announced the establishment of the Technion Center for Structural Biology (TCSB), the most advanced of its kind in the Middle East. The Lorry I. Lokey Interdisciplinary Center for Life Sciences and Engineering, together with the Russell Berrie Nanotechnology Institute at the Technion, invested $4 million for the project.
March 27, 2014 | Israeli startup FTBpro, which offers soccer fans a content-generating platform, has closed an $18 million financing round. The company, which has approx. one million hits per day on its website, has raised $24 million to date.
March 27, 2014 | BlueVine, an American startups founded by Israelis in California, has raised $4 million in a financing round. The company provides small businesses with a service which enables them to sell their outstanding invoices for immediate payment. The financing round was led by Lightspeed Venture Partners, Greylock IL, Correlation Ventures, Kreos Capital and Kima Ventures.
March 26, 2014 | Israeli startup Forter which offers online retailers a real-time anti ecommerce fraud solution, has announced that it has closed a $3 million Series A funding round. The funds were raised from Sequoia Capital.
March 26, 2014 | Israeli company Freightos, an International online freight network, has announced the closing of a Series B financing round, raising $4.6 million. The round was led by Aleph and Israel Cleantech Ventures with participation from existing investors OurCrowd.
March 24, 2014 | One month after raising several tens of millions of dollars in Series C financing, Israeli web ranking company SimilarWeb has acquired another Israeli company – TapDog. Exact financial information was not disclosed, but it is estimated that the acquisition is worth a few million dollars in cash and shares.
March 24, 2014 | Israeli company Borderfree, which provides ecommerce companies back office solutions for international shipping calculations, has held a successful IPO on Nasdaq. The company hit the high-end of its target, raising $80 million. The IPO was held at a company value of $488 after money and the company saw its share price rise 25 percent.
March 24, 2014 | Israeli startup Mobileye, which develops active safety systems for cars, is planning to hold an IPO at a company value of $2.8 billion. “Calcalist” reports that Mobileye will attempt to raise a whopping $500 million on Nasdaq.
March 20, 2014 | Israeli biotech startup Gamida Cell, which develops stem-cell based therapies, is reportedly in advanced acquisition talks at a company value of $600 million. The Times of Israel reports that the company has received a large buy-out offer from an international pharmaceutical company.
March 20, 2014 | Israeli firm BioLight Israeli Life Sciences Investments, which invests in, manages and commercializes biomedical innovations grouped into clusters around defined medical conditions, has announces the successful completion of a NIS 14.5 million (approx. $4.2 million) private placement. The investment was made by two unnamed institutional investors.
March 20, 2014 | Israeli company GPS Global Tracking & Surveillance System, which develops tracking devices for both vehicles and humans, has been acquired by Utah-based company SecureAlert. Founded in 2007, GPS Global will be acquired for $11 million.
March 20, 2014 | American company Palo Alto Networks (which was founded by Israeli Nir Zuk), is in advanced talks to acquired Israeli cyber-security firm Cyvera. Palo Alto will pay anywhere between $150 million and 200 million for Cyvera, mostly in shares.
March 20, 2014 | Chinese ecommerce giant Alibaba has invested $280 million in instant messaging company Tango, which is based in the US, but was founded by Israeli Uri Raz. The investment was made at a company value of $1.1 billion and Alibaba will own 20-25 percent of Tango.
March 19, 2014 | Israeli company NSO, which specializes in cyber monitoring solutions for the defense industry, has been acquired by American investment fund Francisco Partners. Francisco Partners will pay $115 million for a 70 percent share of the company. NSO develops surveillance equipment used by governments for intelligence purposes.
March 19, 2014 | Israeli company Argo Medical Technologies, developer of exoskeleton ReWalk, which enables paraplegics to walk, is planning an IPO at a company value of $250-300 million. “Calcalist” reports that Argo will try to raise $50-60 million and that the IPO will take place Q3 2014.
March 19, 2014 | Israeli company Tyto Care, which is developing a device which enables anyone to perform health diagnostics, has raised $4 million in its first financing round. The funds were raised from OrbiMed Israel and LionBird. The company’s device and platform enables people to transmit a variety of data to medical professionals, giving them the information need for medical diagnosis.
March 19, 2014 | Israeli geolocation startup KitLocate, which develops energy-saving GPS technology for smartphone apps, has been acquired by Russian company Yandex, the world’s largest non-English search engine. Yandex will set up its first Israeli offices, with KitLocate’s office serving as an R&D center for the Russian company. Though financial details were not disclosed, “Globes” reports and estimate of $15-20 million.
March 19, 2014 | Israeli company XLMedia, a gaming marketing company, has concluded its initial public offering (IPO) on London’s Alternative Investment Market (AIM), raising £42 million. The IPO was held at a company value of £92.9 million after money.
March 17, 2014 | The American Foundation for Suicide Prevention (AFSP) has announced that Ben Gurion University’s Department of Psychology Professor Gary Diamond and his colleague, Professor Guy Diamond (no relation) of Drexel University in the US will be awarded the 2014 Annual AFSP Research Award. The researchers’ work contributed to the field of suicide prevention by studying a clinical treatment, Attachment-Based Family Therapy, in people with suicide risk. This research led to positive results for adolescents with a history of suicide attempt.
March 17, 2014 | Israeli mobile commerce app developer Appixia has been acquired by Israeli DIY website giant Wix. Though the transaction’s financial information was not disclosed, TheMarker reports that it is approx. $10 million, which will split between Appixia’s two founders, who are the company’s only employees.
March 13, 2014 | Venture Capital fund SGVC, headed by Russian billionaire Sergei Grishin, is setting up a $50 million investment fund, half of which is intended for Israeli companies. According to the IVC research center, Grishin is the most active private investor in the Israeli startup scene, investing $20 million in 36 startups over the past 18 months.