10 Startups Graduate From Israel’s Microsoft Accelerator

June 22, 2016 | Ten startups have completed the eighth batch of the Microsoft Accelerator program in Israel. Six of the 10 have already raised or have been offered a combined total of $27 million in funding. The companies in the eighth batch, such a Spotinst, a startup building the world’s first virtual cloud, Imagry, which is creating an engine to identify objects by video in real-time, and Genoox, a revolutionary big data platform for storing and managing genomic data in the cloud, come from a variety of fields. The other startup graduates in the eighth batch include: Banana Splash, Unomy, Coralogix, Paykey, Yooocan, Convia, and Datarails. With this eight batch, the Tel Aviv program switched to a “Scalerator”mode, focusing on maturing selected startups and supporting them with all aspects needed for scaling up and building strong global companies. To better fulfill the needs of these more mature companies, Microsoft Ventures revised their agenda, content and processes to provide an even more comprehensive, tailor-made program.