Israeli Startup Zooz Raises $24M

May 3, 2016 | Israeli payment technology provider Zooz has closed a $24 million financing round led by Target Global Ventures and including Fang Fund, iAngels, Kreos Capital and existing investors Blumberg Capital, lool ventures, Rhodium, Claltech (Access Industries’ Israeli tech vehicle), XSeed Capital, CampOne Ventures and angel Eilon Tirosh. Zooz will use the funding to accelerate its growth, develop new products, open new markets, and increase its presence in existing markets. ZooZ CEO Oren Levy and CTO Ronen Morecki founded the Ra’anana based company in 2010. Zooz has grown considerably since its last round in July 2014 and has opened offices in London, Berlin and San Francisco.