Israeli Startup Feelter Raises $4M

| November 7, 2016 | Israeli social network wisdom company Feelter has closed a $4 million financing round. The company, founded in 2014 by CEO Smadar Landau, has developed an algorithm capable of analyzing text from numerous online conversations in real time. The analysis enables a filtering of information relevant to the content and to the question asked. Feelter is conducting several pilots and collaborations with leading companies such as El Al Israel Airlines Ltd., Cdiscount and Bookingisrael. The company intends to use the funds raised to establish its US HQ and hire additional employees, four of them for the Tel Aviv-based development team.