March 5, 2014 | The Stanford Institute for Economic Policy Research (SIEPR) has announced the third biennial prize for lifetime contributions to economic policy. This year’s winner of the SIEPR Prize for Contributions to Economic Policy is Stanley Fischer. Fischer is the former Governor of the Bank of Israel and awaiting confirmation as the Vice Chairman of the Federal Reserve.
News Briefs
March 05, 2014
Stanley Fischer Wins SIEPR Prize For Lifetime Contribution To Economic Policy
March 05, 2014
Google To Back UpWest’s Initiative To Promote Female Entrepreneurs
March 5, 2014 | UpWest Labs, the accelerator for Israeli companies in the Silicon Valley, has announced a new program to empower female Israeli entrepreneurs. The program is financed by Google for Entrepreneurs, as part of its $1 million “#40Forward: 40 startup communities rethinking the gender gap” initiative.
March 05, 2014
BiolineRX To Raise $21M On Secondary Nasdaq Offering
March 5, 2014 | Israeli drug development company BiolineRX is planning a secondary offering on Nasdaq, in an attempt to raise $21 million. The company will use the proceeds for a Phase II clinical trial of its leukemia treatment and a Phase I clinical trial of its celiac disease treatment.
March 04, 2014
$50M Fund To Invest In Israeli High-Tech Companies Seeking Business In China
March 4, 2014 | Newly-established WBP Venture Partners has its eyes set on the Far East. The fund, established by US, Chinese and Israeli businessmen, will raise $50 million to be invested in Israeli high-tech companies that want to conduct their business in China.
March 03, 2014
Varonis Systems Raises $106M On Nasdaq And Doubles In Value
March 3, 2014 | Israeli company Varonis Systems, which develops security solutions for the enterprise sector, has raised $106 million in an IPO held on Nasdaq. While the IPO was held at a company value of $524 million, the company almost doubled in value the same day, crossing the $1 billion mark.
March 03, 2014
Replay Technologies Raises $9M In Series B Financing
March 3, 2014 | Israeli startup Replay Technologies, which offers a service called FreeD for full 3D real-time replays for sporting events, has announced that it has raised $9 million in a Series B financing round. TheMarker reports that the round was led by Guggenheim Partners. Most recently, the company presented its technology at the 2014 NBA All-Star game held last month.
March 03, 2014
Pango Raises $6.5M To Expand Smartphone Parking App
March 3, 2014 | Israeli company Pango, which operates a smartphone-based service for paid parking, has raised $6.5 million in a financing round. The round was led by Bearing Capital with participation from existing shareholders. The app is available in Israel and several cities in the US.
March 03, 2014
CyberSense Raises $5M In Series A Financing
March 3, 2014 | Cloud-based security solutions company CyberSense has announced the closing of a Series A financing round, raising $5 million. The round was led by BRM Group and Opus Capital.
March 03, 2014
Titanium Core Wins $1M Prize At JVP Cyber Security Competition
March 3, 2014 | Israeli cyber security startup Titanium Core has won the first Jerusalem Venture Partners (JVP) Cybertition – a contest for startups in the cyber-security sector. The competition took place at the RSA conference in San Francisco. The winner will receive $1 million in investment money and a place in the JVP Cyber Labs in Beersheba.
February 26, 2014
Selfie App CamMe Wins Most Innovative App At MWC
February 26, 2014 | Israeli app CamMe, which enables users to take pictures of themselves without touching their smartphones, has won the prestigious “Most Innovative Mobile App” award at the Mobile World Congress. The app was developed by PointGrab, which specializes in gesture recognition, and enables users to use gestures to take selfies, while the actual smartphone is up to 16 feet away.
February 26, 2014
Israeli Companies Win 11 Awards At RSA Conference
February 26, 2014 | Israeli cyber security companies have won no less than 11 awards at the RSA Security Conference being held this week in San Francisco. Times of Israeli reports that Israeli companies won awards in categories such as “Awesome Product of the Year,” “Products and Services Excellence,” “Database Security,” and “Tomorrow’s Technology Today,” among others.
February 26, 2014
Cell Buddy Wins Best Mobile Startup Award At MWC
February 26, 2014 | Israeli startup Cell Buddy, which developed a SIM card for flat-rate data charges abroad, has won first place at the Four Years From Now event, part of the Mobile World Congress. Cell Buddy was the only Israeli company out of 10 finalists. The company will receive thousands of euros worth of free services to help promote the startup’s activity.
February 26, 2014
Chosen.fm Raises Several Hundred Thousand Dollars
February 26, 2014 | Israeli company Chosen.fm, which developed a streaming video app for the performing arts, has closed its Series A financing round, raising several hundred thousand dollars. The round was led by Rhodium Ventures and Helicon Records.
February 26, 2014
Wibbitz Wins Best Mobile Publishing Product At MWC
February 26, 2014 | Israeli company Wibbitz, the text-to-video startup that developed an app to automatically generate narrated videos from various text inputs, has won Best Mobile Publishing Product or Service at the Mobile World Congress in Barcelona. The announcement was made by the GSMA, which selected this year’s winners of the Annual Mobile Global Awards.
February 26, 2014
Andromeda Acquired In Deal That May Yield Hundreds Of Millions
February 26, 2014 | Israeli company Andromeda Biotech, which develops treatments for diabetes, will be acquired by an unnamed American pharmaceutical company for several million dollars. However, Clal Biotechnology Industries, the current owner of Andromeda, could receive hundreds of millions of dollars in future payments, providing Andromeda meets development, registration, and sales milestones.
