April 10, 2014 | Israeli startup Kaltura, which develops white-label video platforms, is planning an IPO within 18-24 months. The company’s CEO Michal Tsur told “Globes” that the IPO is in the company’s future plans. Kaltura, which recently raised $47 million, is estimated to be worth over $1 billion.
News Briefs
April 10, 2014
Kaltura Planing IPO At A Company Value Of Over $1B
April 09, 2014
Flayvr Raises $2M
April 9, 2014 | Israeli startup Flayvr, which developed an app for automatic sorting of media captured with smartphones, has announced the closing of a financing round, raising $2 million. The round was led by Kaedan Capital, former Microsoft Corporate Vice President Moshe Lichtman, Aviv Venture Capital and iAngels. The company says that the funding will be used to double the Flayvr team size, expand company operations in the United States, and to improve and extend the Flayvr platform.
April 09, 2014
Neura Raises $2M For Internet Of Things Platform
April 9, 2014 | Israeli startup Neura, which offers a platform for the Internet of Things, has announced the closing of a Series A financing round, raising $2 million. The financing round was led by Greenhouse Capital Partners, with participation from Pitango Venture Capital, Innov8, TriplePoint Capital and several private investors.
April 08, 2014
FOX Buys Israeli Game Show ‘Boom!’ Format
April 8, 2014 | Israeli game show format “BOOM!,” which sees contestants answering trivia question in order to diffuse a fake bomb, has been acquired by major American TV network FOX. The game show, which premiered in Israel to excellent ratings, has also been acquired by France’s TF1 earlier in the week.
April 08, 2014
Beamr Raises $9.5M For Video Compression Technology
April 8, 2014 | Israeli startup Beamr, a leading provider of image and video optimization products, has announced that it has closed a $9.5 million financing round. The round was led by venture capital firms Marker LLC and Innovation Endeavors.
April 07, 2014
Outbrain To Hold $100M IPO
April 7, 2014 | Popular Israeli content recommendation platform Outbrain is considering going public on Wall Street. According to a report on the Financial Times, the company will attempt to raise $100 million at a company value of over $1 billion. Outbrain raised $35 million in a financing round some five months ago.
April 07, 2014
Arava Power Company Launches Six New Solar Fields In Israel
April 7, 2014 | Israeli solar energy company Arava Power is inaugurating six new solar fields in the southern Israeli desert. One solar field was built by Nextcom and the other five by Siemens Israel. The fields will generate a total of 36 megawatts of electricity and cost roughly NIS 500 million (approx. $143.5 million).
April 07, 2014
Five RAD BioMed Graduates Raised $7M
April 7, 2014 | Five former portfolio companies from the RAD BioMed accelerator have raised a total of $7 million in follow-on investments from the RAD Group and additional private investors. “Globes” reports that The companies are VGS Ltd., which has developed a method for reducing rejection of vein grafts; Vectorious Medical Technologies Ltd., which has developed an implant for early diagnosis of heart failure; Laminate Medical Technologies Ltd., which is developing an implant for improving renal vascular procedures; Perflow Medical Ltd., which is developing endovascular device for removing blood clots during brain surgery to prevent ischemic stroke; and Moebius Medical Ltd., which has developed liposomal lubricants for treating osteoarthritis.
April 07, 2014
Kenshoo Raising $20M From Bain Capital
April 7, 2014 | Israeli advertisement technology company Kenshoo has raised $20 million in a financing round. “Calcalist” reports that the round was led by Bain Capital with participation from existing investors.
April 03, 2014
Stratasys Acquires Solid Concepts And Harvest Technologies
April 3, 2014 | Israeli-American 3D printing giant is continuing to tighten its grip on the 3D printing world with two acquisitions. The company has acquired Solid Concepts for $295 million and Harvest Technologies for an undisclosed amount. Both companies will be integrated with Startasys’s RedEye, and become one additive manufacturing unit.
April 03, 2014
Report: Samsung In Talks To Buy ShopCloud For $80M
April 3, 2014 | International technology giant Samsung is in talks to acquire Israeli indoor-navigation company ShopCloud. Israeli technology blog “GeekTime” reports that Samsung will shell out $80-90 million for the Israeli startup. The amount proves to be a hefty return for the company, who has raised a total of $700,000 to date.
April 02, 2014
Replay Technologies Wins New York Emmy Award
April 2, 2014 | On this year’s New York Emmy Awards Ceremony, Israeli company Replay Technologies has won an award in partnership with YES Networks. The award was given in the “Technical Achievement” category, for Replay Technologies’ FreeD system which enables 360 degree replays for sporting events on YES Networks’ broadcasts.
April 02, 2014
WalkMe Raises $11M In Series C Financing
April 2, 2014 | Israeli company WalkMe, which developed a step-by-step guidance app for websites and other computer applications, has announced the closing of a Series C financing round, raising $11 million. The round was led by Scale Venture Partners, with participation from current investors.
April 01, 2014
Infinity AR Raises An Additional $2.5 Million
April 1, 2014 | Israeli company Infinity Augmented Reality, which specializes in augmented reality technology, has announced an additional $2.5 million in funding. The financing round was led by Credit Strategies, LLC and with Genesis Angels Fund, LP. The company says it will use the new funds to further advance the development of its core software solutions.
April 01, 2014
Wix Cancels Secondary Offering
April 1, 2014 | Israeli DIY website platform Wix has cancelled its planned secondary offering on NASDAQ. Last month, the company filed with the SEC to hold a secondary offering, in an attempt to raise up to $86.3 million. The company cited adverse market conditions as the reason as the reason for cancelation.
