Report: McCann Erickson Invests $15M In TheTime

August 30, 2015 | According to reports, McCann Erickson will increase its investment in the Israeli venture capital firm TheTime by $10-$15 million. The funds will be used by TheTime to invest in Israeli startups and companies. Previously in control of 11 percent of the company, the global marketing and advertising firm will increase its share with the investment to between 25-30 percent. TheTime is controlled by Ilan Shiloach together with Nir Tarlovsky and Uri Weinheber.