Israeli Internet Startup Spot IM Raises $13M

August 3, 2016 | Spot.IM, an Israeli online community creation technology that allows any website to become their own social network, announced today it has closed a Series A funding round of $13 million. Notable investors in the round include Index Ventures, AltaIR and Norma Investments Limited, representing businessman Roman Abramovich, among other prestigious serial technology investors and various media and marketing visionaries such as James Hilton (CEO of M&C Saatchi Mobile),  Avishai Abrahami (Co-Founder & CEO of Wix), Giora Kaplan (Co-Founder & CTO of Wix), Nir Zohar (President & COO of Wix), Brian Bedol and Ran Tushia. Founded in 2012 by Nadav Shoval and Ishay Green, Spot.IM currently works with 4,600 active sites, enabling social engagement for more than 300 million unique monthly users for its media partners, which include News Corp, Meredith Corporation, Time Inc., Little Things, and Advertising Age.