October 20, 2013 | Israeli smart energy management company Panoramic Power has raised $8 in Series B financing. Marker LLC led the round, with participation from existing investors Greylock Partners, Israel Cleantech Ventures Funds, Clal Energy, and Qualcomm Ventures.
News Briefs
October 20, 2013
Energy Efficiency Company Panoramic Power Raises $8M
October 17, 2013
Amazon To Open offices In Tel Aviv
October 17, 2013 | International ecommerce giant Amazon will open offices in Tel Aviv next year. The offices will serve clients of Amazon’s cloud computing services, Amazon Web Services (AWS). The company’s CTO Werner Vogels said that Israeli companies were among the first to embrace the company’s cloud services.
October 17, 2013
Keepy Raises $1.1 Million To Preserve Your Kids’ Memories
October 17, 2013 | Israeli startup Keepy, which developed an app for storing children’s art, report cards and other things worth remembering digitally, has raised $1.1 million from a group of angel investors, including Winklevoss Capital.
October 17, 2013
IT Services Company Samanage Raises $5M
October 17, 2013 | Israeli company Samanage, which develops Software as a Service (SaaS) IT services, has announced that it has raised $5 million. The financing round was led by Gemini Israel Ventures and Carmel Ventures. Samanage says that it will use the funds to speed-up product development.
October 17, 2013
Water Analytics Company TaKaDu Raises $6M From 3M
October 17, 2013 | Israeli company TaKaDu, which uses complex mathematical algorithms to monitor and optimize water infrastructure, has received a $6 million investment from international conglomerate 3M and other investors.
October 17, 2013
Lacoon Raises $8M To Promote Mobile Protection
October 17, 2013 | Israeli company Lacoon, which develops technology to protect organizations from advanced mobile threats, has announced that it has raised $8 million. The financing round was led by Index Ventures with participation from existing angel investors.
October 16, 2013
SundaySky Raises $20M In Series C Financing
October 16, 2013 | Israeli smart video company SundaySky, which is headquartered in New York, has raised $20 million in Series C financing. The round was led by Comcast Ventures. The company said it will use the funds in order to expand its capacity and target new markets.
October 16, 2013
High Data Capacity Chipset Company Wilocity Raises $35M
October 16, 2013 | Israeli company Wilocity, which develops wireless chipsets capable of handling gigabits of data, has raised $35 million. “Globes” reports that Vintage Investment Partners and Jerusalem Global Ventures (JGV) led the investment, and were joined by current investors Benchmark Capital, Sequoia Capital, Tallwood Venture Capital, and strategic investors Marvell Technology Group and Qualcomm Corporation unit Atheros, and a new strategic investor.
October 16, 2013
MyCheck Raises $4.2M In Series A Financing
October 16, 2013 | Israeli startup MyCheck, which developed an app which enables people to pay for goods and services using their smartphones, has announced the closing of a successful financing round, raising $4.2 million. The Series A financing round was led by private investors. The company has previously raised $1.7 million in seed financing.
October 16, 2013
Investments In Israeli Startups Hits 13-Year High
October 16, 2013 | Israeli high-tech and venture capital database IVC has published the statistics for investments in Israeli startups in Q3 of 2013. The numbers show that 162 startups raised $660 million from foreign and domestic investors, the highest number registered for a single quarter since 2000.
October 15, 2013
Leviticus Cardio Raises $4M
October 15, 2013 | Israeli startup Leviticus Cardio, a TrendLines Group portfolio company, has announced the closing of a successful financing round, raising $4 million. Leviticus is developing technology to wirelessly transfer electricity to medical devices connected to the heart. The company has raised $7 million to date.
October 14, 2013
Alexander Beer Wins European Beer Star Gold Medal
October 14, 2013 | Israeli boutique brewery Alexander has won the gold medal at the European Beer Star competition. The gold star was awarded for the Alexander Black label, in the English Style Porter category. The competition is the biggest in the world, with some 1,500 entries from 40 countries.
October 14, 2013
SAP To Invest $70M In Israeli Offices
October 14, 2013 | European software giant SAP has announced that it will build new offices in Israel, a project with a $70 million price tag. The funds will go towards purchasing the land and building an office building in the city of Ra’anana. The offices will house the company’s 750 employees and are expected to open by the end of 2016.
October 14, 2013
For-Each Acquired By Autodesk For $15M
October 14, 2013 | Israeli startup for-each, which is a software development company that specializes in mobile development, has been acquired by international software giant Autodesk. Though the amount changing hands was not disclosed, it is estimated at $15 million. For-each’s employees will transfer to Autodesk’s Israeli development center.
October 14, 2013
Tel Aviv-Based Onavo Acquired By Facebook For A Reported $100-200M Price Tag
October 14, 2013 | Onavo, the Tel Aviv-based mobile analytics company, has just announced that it has been acquired by Facebook. Onavo will become the hub for Facebook in Israel — its first location in Israel. The exact terms of the deal have not yet been divulged. So far reports are indicating that Facebook shelled out between $100 million and $200 million. Onavo’s many apps help mobile phone users understand their data usage, reduce data costs and reduce battery life.They also have an analytics business for mobile publishers to chart how well its apps are performing, and to chart that against apps of its competitors. It has so far raised $13 million in venture funding from investors including Horizons Ventures, Sequoia, Motorola and Magma Venture Partners. For the full Onavo story and details, click here.
