February 28, 2014
Much of the world’s future will be shaped by 3D printers and at the forefront of that industry is Israeli-American company Stratasys. Several eco-friendly companies are using Stratasys’ technology to 3D print energy sources for third-world countries.
March 11, 2014 | Israeli company Pointer Telocation Systems, which offers a variety of products and services for vehicle-based companies, has raised $10.4 million in a private offering on Nasdaq. While the company did not disclose who the investors were, “Globes” reports that they were Meitav DS Holdings and The Phoenix Holdings.
March 11, 2014 | Israeli company Matomy Media Group is planning to hold an IPO on the London Stock Exchange, raising £60 million (approx. $100 million). The IPO will be held in April at a company value of $400-500 million.
March 11, 2014 | Israeli company Immune Pharmaceuticals, which develops treatments for inflammatory disease, has raised $11.7 million on Nasdaq. The funds were raised in a private offering held by the company.
March 11, 2014 | Israeli company Advanced Mem-Tech, which develops water purification technology has announced that it has raised NIS 16 million ($4.6 million). The funds were raised from french company Groupe SEB SA and other private investors. Advanced Mem-Tech is a graduate of TrendLine Group’s Agtech incubator.
March 11, 2014 | Israeli-owned company SafeCharge, which develops payment technologies for online merchants and gambling, is planning an IPO on London’s Alternative Investment Market (AIM). SafeCharge is planning to raise $100 million, which will go mostly towards the acquisition of companies in the same field.
March 10, 2014 | Accelerant Ventures has set up a fund aimed at helping Israeli startups access the American market. The fund, which will invest up to $1 million in total, will assist early-stage Israeli companies seeking to do their business in New York.
March 10, 2014 | Israeli gaming marketing company XL Media is planning to hold an IPO on London’s Alternative Investment Market (AIM) in two weeks. The company will attempt to raise $40 million at a company value of $100 million.
March 10, 2014 | Israeli company Cortica, which develops smart image recognition technology, has announced a $20 million investment from a strategic Asian investor. The company, which developed an algorithm for automatic tagging of photos and videos, will use the proceeds to expand its operations and hire more personnel.
March 10, 2014 | Israeli company XTL Biopharmaceuticals, which is focused on developing a treatment for lupus, has filed with the US Securities and Exchange Commission (SEC) to hold a public offering on Nasdaq in an attempt to raise $40 million. The proceeds will be directed towards various clinical trials the company is planning.
March 10, 2014 | Israeli startup Samba.me, which developed a reactive video messaging app, has won best social app at the Accelerator Awards which took place at the SXSW conference. The conference is an annual music, film and interactive event, which takes place in Austin, Texas.
March 9, 2014 | Israeli online payment company Payoneer has announced the closing of a Series D financing round, raising $25 million. The round was led by Susquehanna Growth Equity. This financing round comes in contrast with reports of a planned IPO by the company.
March 9, 2014 | Israeli Noam Bardin, formerly CEO of Waze and now a top executive at Google (following the former’s acquisition by the latter), has been ranked 4th on Business Insider’s Silicon Valley 100 list. Bardin was ranked higher than Entrepreneur Elon Musk (5th), Apple CEO Tim Cook (8th) and Facebook CEO Mark Zuckerberg (10th). Ranked first on the list are WhatsApp founders Brian Acton and Jan Koum.
March 9, 2014 | Axis Innovation, a global network helping startups intersect with international investors, will be holding Axis Tel Aviv, the premiere event connecting promising Israeli startups to leading international investors this month in Tel Aviv. Axis Tel Aviv delivers a unique opportunity for global investors to get up close and personal with exciting companies from Israel’s startup ecosystem whose technologies disrupt the status quo in a wide variety of tech sectors.
March 9, 2014 | Israeli startup AppsFlyer, which develops tools for app developers analyzing and optimizing customer interaction, has raised $7.1 million. The funds were raised from Pitango Venture Capital and Magma Venture Partners.
March 9, 2014 | Israeli biomed company BiolineRX held a secondary public offering on Nasdaq. The offering is considered a success, as the company surpassed its goal of $21 million, raising $24 million. The company said that it will use the proceeds for clinical trials of its leukemia and celiac disease treatments.
March 9, 2014 | Israeli startup Roojoom, which developed a platform for visual presentation of information, has announced the closing of a successful seed financing round. Roojoom raised $600,000 in a round led by 2B Angels.
March 9, 2014 | Israeli Prime Minister Benjamin Netanyahu has signed a Memorandum of Understanding (MoU) with California Governor Jerry Brown, for joint research and development. The agreement focuses on a collaboration between academic and research institutes on both sides in the fields of water technologies, energy, storage technologies and cyber security.
Photo: Crossed Flag Pins
March 5, 2014 | The Stanford Institute for Economic Policy Research (SIEPR) has announced the third biennial prize for lifetime contributions to economic policy. This year’s winner of the SIEPR Prize for Contributions to Economic Policy is Stanley Fischer. Fischer is the former Governor of the Bank of Israel and awaiting confirmation as the Vice Chairman of the Federal Reserve.
March 5, 2014 | UpWest Labs, the accelerator for Israeli companies in the Silicon Valley, has announced a new program to empower female Israeli entrepreneurs. The program is financed by Google for Entrepreneurs, as part of its $1 million “#40Forward: 40 startup communities rethinking the gender gap” initiative.
March 5, 2014 | Israeli drug development company BiolineRX is planning a secondary offering on Nasdaq, in an attempt to raise $21 million. The company will use the proceeds for a Phase II clinical trial of its leukemia treatment and a Phase I clinical trial of its celiac disease treatment.
March 4, 2014 | Newly-established WBP Venture Partners has its eyes set on the Far East. The fund, established by US, Chinese and Israeli businessmen, will raise $50 million to be invested in Israeli high-tech companies that want to conduct their business in China.
March 3, 2014 | Israeli company Varonis Systems, which develops security solutions for the enterprise sector, has raised $106 million in an IPO held on Nasdaq. While the IPO was held at a company value of $524 million, the company almost doubled in value the same day, crossing the $1 billion mark.
March 3, 2014 | Israeli startup Replay Technologies, which offers a service called FreeD for full 3D real-time replays for sporting events, has announced that it has raised $9 million in a Series B financing round. TheMarker reports that the round was led by Guggenheim Partners. Most recently, the company presented its technology at the 2014 NBA All-Star game held last month.
March 3, 2014 | Israeli company Pango, which operates a smartphone-based service for paid parking, has raised $6.5 million in a financing round. The round was led by Bearing Capital with participation from existing shareholders. The app is available in Israel and several cities in the US.
March 3, 2014 | Israeli cyber security startup Titanium Core has won the first Jerusalem Venture Partners (JVP) Cybertition – a contest for startups in the cyber-security sector. The competition took place at the RSA conference in San Francisco. The winner will receive $1 million in investment money and a place in the JVP Cyber Labs in Beersheba.
February 26, 2014 | Israeli app CamMe, which enables users to take pictures of themselves without touching their smartphones, has won the prestigious “Most Innovative Mobile App” award at the Mobile World Congress. The app was developed by PointGrab, which specializes in gesture recognition, and enables users to use gestures to take selfies, while the actual smartphone is up to 16 feet away.
February 26, 2014 | Israeli cyber security companies have won no less than 11 awards at the RSA Security Conference being held this week in San Francisco. Times of Israeli reports that Israeli companies won awards in categories such as “Awesome Product of the Year,” “Products and Services Excellence,” “Database Security,” and “Tomorrow’s Technology Today,” among others.
February 26, 2014 | Israeli startup Cell Buddy, which developed a SIM card for flat-rate data charges abroad, has won first place at the Four Years From Now event, part of the Mobile World Congress. Cell Buddy was the only Israeli company out of 10 finalists. The company will receive thousands of euros worth of free services to help promote the startup’s activity.
February 26, 2014 | Israeli company Chosen.fm, which developed a streaming video app for the performing arts, has closed its Series A financing round, raising several hundred thousand dollars. The round was led by Rhodium Ventures and Helicon Records.
February 26, 2014 | Israeli company Wibbitz, the text-to-video startup that developed an app to automatically generate narrated videos from various text inputs, has won Best Mobile Publishing Product or Service at the Mobile World Congress in Barcelona. The announcement was made by the GSMA, which selected this year’s winners of the Annual Mobile Global Awards.
February 26, 2014 | Israeli company Andromeda Biotech, which develops treatments for diabetes, will be acquired by an unnamed American pharmaceutical company for several million dollars. However, Clal Biotechnology Industries, the current owner of Andromeda, could receive hundreds of millions of dollars in future payments, providing Andromeda meets development, registration, and sales milestones.
February 25, 2014 | The world’s largest mobile technology event, the Mobile World Congress, is on its way in Barcelona. Among the thousands of companies presenting, there are roughly 200 Israeli telecom and mobile app companies. The congress opened yesterday and will end this Thursday.
February 25, 2014 | Veteran Israeli software company Magic Enterprises is preparing to raise $30-40 million on Nasdaq. “Globes” reports that company executives are currently holding a roadshow for potential investors in the US. The company has been publically traded in the US since 1991 and currently has a market cap of 324 million.
February 25, 2014 | Israeli startup company SimilarGroup has announced the closing of a Series C financing round, raising several tens of millions of dollars (the exact about was not disclosed). The funds were raised from South African media company Naspers.
February 25, 2014 | New Canadian investment fund Disruptive Tech Capital, has raised $25 million to invest in Israeli startups. The fund will invest in 5-15 companies, using a unique investment model. Each company will receive sums starting at $250,000, according to company needs.
February 25, 2014 | Israeli company 6Scan, which develops website security solutions for small businesses, has announced the closing of a Series A financing round. One of the investors was Gregor Freund, founder of Zone Labs, which was acquired by Check Point Software in 2004. The amount raised was not disclosed.
February 25, 2014 | According to the Israeli National Cyber Bureau (INCB), Israeli companies from the cyber sector have raised a total of $165 million in 2013. According to INCB director, Dr. Eviatar Matania, this figure accounts for 11 percent of all capital raised globally by cyber companies.
February 24, 2014 | Israeli startup Magisto, which developed an app that automatically created video clips from images and video input, has raised $2 million from Mail.ru. Following the investment, Mail.ru will integrate Magisto’s technology into its social network Odnoklassniki. Magisto has raised $20.5 million to date.
February 24, 2014 | Israeli startup Samba, which developed a reactive video messaging app, has announced the closing of a seed financing round, raising $630,000. The company developed an app (which was recently launched for iOS) for video messaging, which automatically records the recipient’s reaction and sends it back to the sender.
February 24, 2014 | Israeli company Real Imaging, which develops breast cancer diagnostics technologies, has raised several million dollars from Chinese firm China Everbright Investment Management. This is the company’s first financing round and the first investment in an Israeli company made by Everbright.
February 20, 2014 | The Buchmann Faculty of Law at Tel Aviv University ranks #31 among 500 law faculties around the world, and #1 in scientific research impact and citations outside of the United States and United Kingdom, according to QS 2013 annual rankings, a key indicator in estimating the quality of academic institutions around the world.
February 20, 2014 | International hardware giant Intel has chosen Israeli company N-Trig to take part in the development of its new education-focused tablet. N-Trig will develop the tablet’s touchscreen and ultra-accurate stylus pen. The tablet will be used to improve children’s writing skills, science and math, art and music.
February 20, 2014 | Helen Clark, Administrator of the United Nations Development Programme (UNDP), has begun her first visit to Israel and participated in the ID2 – Israeli Designed International Development, the young entrepreneurs’ conference. During her visit to the conference, Clark showed great interest in many of the new innovations that were presented. She was particularly excited by the innovation of glow in the dark plants to replace the electric light bulb.
February 20, 2014 | Israeli company Varonis Systems, which develops software platforms to analyze unstructured data, has filed with the SEC to hold an IPO on Nasdaq. The company will attempt to raise $91 million at a company value of $405-453 million, after money.
February 19, 2014 | Israeli-American 3D printing giant Stratasys has announced that it has been awarded the Leadership in Engineering award for Digital Manufacturing by Design World Magazine. Chosen by the publication’s readers, the Leadership in Engineering award is an industry recognition program designed to acknowledge engineering leadership across several disciplines.
February 19, 2014 | Israeli company Neuronix, which developed an innovative treatment for Alzheimer’s disease, has raised $5.5 million from a private investor. Neuronix’s treatment is a combination of magnetic stimulation of the brain and cognitive training.
February 19, 2014 | Israeli startup FireLayers, which develops cyber-security solutions for cloud IT, has exited stealth mode and announced the closing of a financing round, raising several million dollars (the exact amount was not disclosed). The company, founded last year, received the investment from its co-founders CEO Yair Grindlinger and president Doron Elgressy, and YL Ventures.
February 19, 2014 | Israeli medical device company Ornim Medical, which developed CerOx, the only noninvasive cerebral oxygenation monitoring device on the market, has raised $10 million. The funds were the second half of a financing round, that were given to Ornim after it met all of the milestones set in the first half of the financing round in 2012.
February 19, 2014 | Israeli startup BorderFree, which supplies foreign currency and translation services for US-based ecommerce websites, has filed for an IPO on Nasdaq. The company will attempt to raise $86 million at a company value of $500-600 million.