Ocotber 13, 2013 | Israeli-American VC Lionbird has announced the closing of a new $20 million fund, to be invested in Israeli and American startups. The fund, dubbed Lionbird I, will be used mainly for investments in the field of Online Tools.
News Briefs
October 13, 2013
Lionbird Raises $20M For Investment In Israeli Startups
October 10, 2013
Ceragon Wins $7M Order From Tanzania order from Vodafone unit
Israeli communication infrastructure company Ceragon Networks Ltd., has announced that it has won a $7 million order from Vodacom Tanzania. The Israeli company will upgrade and support backbone links across the country for Tanzania’s largest mobile carrier.
October 10, 2013
Israeli Software Company Magic Acquires Allstates Us Operations For $10m
Magic Software Enterprises, an Israeli software company, has announced that it has acquired all US-based operations of American company Allstates Technical Services LLC. The deal, worth $10 million, will be closed mid-November.
October 10, 2013
Samsung Announces Israel Incubator
October 10, 2013 | International technology giant Samsung has a
nnounced yesterday that it will open an incubator for startups in Israel. “TheMarker” reports that the announcement was made by VP Young Sohn during the Samsung Global Innovation event. The company also announced that it is investing in Israeli 3D imaging company Mantis Vision.
October 10, 2013
Kid-Friendly OS Kido’z Raises $1.2M
October 10, 2013 | Israeli startup Kido’z, which developed an Over-The-Top (OTT) operating system that makes PCs and smart phones kid-friendly, has raised $1.2 million. The funds were raised in a financing round, led by lool ventures.
October 09, 2013
Israeli-American Is Co-Laureate Of Nobel Prize In Chemistry
Professor Arieh Warshel, an Israeli-American chemist is one of three winners of the Nobel Prize in chemistry. Warshel won the prize with fellow scientists Martin Karplus and Michael Levitt, who are also Jewish (Levitt also holds an Israeli citizenship). The three won the prize for their work on multiscale models for complex systems.
October 09, 2013
Israeli Professor Wins Inaugural Aquaculture Innovation Award
October 9, 2013 | Professor Amir Sagi from Ben Gurion University, who invented a novel biotechnology application to produce all male populations of the giant freshwater prawn Macrobrachium rosenbergii through temporal RNA interference, is the winner of the Global Aquaculture Alliance’s (GAA) inaugural Novus Global Aquaculture Innovation Award. Sagi is the former Dean of the Faculty of Natural Sciences, incumbent of the Lily and Sidney Oelbaum Chair for Applied Biochemistry and a member of the Department of Life Sciences and the National Institute of Biotechnology in the Negev (NIBN).
October 09, 2013
Report: Samsung Considering Acquisition Of Two Israeli Startups
October 9, 2013 | The Wall Street Journal reports that Korean technology giant Samsung is looking into acquiring two Israeli startups. One company Samsung is eyeing is Everything.me, which developed a search engine for mobile phones. The other company is Rounds, which developed a video chat platform.
October 09, 2013
Savicell Diagnostics Plans To Raise $30M
October 9, 2013 | Israeli company Savicell Diagnostics, which is developing a blood test for early detection of cancer, is in the process of raising $30 million. “Globes” reports that Savicell is in talks to raise $30 million from Exact Sciences Corporation, an American company that has developed a stool sample test for colon cancer. The companies also discussed a possible acquisition of Savicell.
October 08, 2013
Mobile App Engagement Platform Appoxee Raises $1.8 Million
October 8, 2013 | Israeli startup Appoxee, which develops an app engagement platform, has announced that it raised $1.8 million in additional seed funding. The financing round was led by Lazarus Israel Opportunities Fund and Moshe Lichtman and included existing investors Cyhawk Ventures and Oryzn Capital, bringing total funding to $2.4 million.
October 08, 2013
PLYmedia Will Attempt To Raise NIS 30-40M On TASE
October 8, 2013 | Israeli startup PLYmedia, which is developing a platform for interactive viewing of online videos, is expected to hold an IPO on the Tel Aviv Stock Exchange (TASE). “Calcalist” reports that the company will try to raise NIS 30-40 million at a company value of NIS 200 million (approx. $56 million).
October 08, 2013
Kyma Medical Raises $10M
October 8, 2013 | Israeli biomed company Kyma Medical Technologies, which is developing a lung-congestion measuring device, has announced that it has raised $10 million in a financing round. The round was led by Ganot Capital LLC.
October 07, 2013
Brainsway Raises NIS 24M On TASE
October 7, 2013 | Israeli company Brainsway, which develops non-invasive treatments using transcranial magnetic stimulation (TMS), has raised NIS 24 million (approx. $6.8 million) on the Tel Aviv Stock Exchange (TASE). The company received an additional $1 million from a Japanese distributer over the weekend.
October 07, 2013
Quixey Raises $50M From Alibaba Group
October 7, 2013 | Israeli startup Quixey, which developed an app serach engine, has announced the closing of a successful Series C financing round, raising $50 million. The round was led by Alibaba Group, which is the owner and operator of the world’s largest Chinese ecommerce website.
October 07, 2013
Apple Acquires Cue For $40M
October 7, 2013 | Israeli startup Cue, which developed a personal-assistant app, has been acquired by international technology giant Apple. Several sources estimate that the price tag for Cue was between $40 million and $60 million. Cue was founded by Israeli “Whiz-Kid” Daniel Gross, who at the age of 19, was accepted to the prestigious Y Combinator program.
