September 30, 2013 | Israeli company Simplee, which offers a personal healthcare expenses management system, has raised $10 million in Series B financing. The financing round was led by Heritage Group with participation from existing investors. Simplee has raised $18 million to date.
News Briefs
September 30, 2013
Healthcare Expenses Management Company Simplee Raises $10M
September 30, 2013
Technion Receives $130M Donation From Li Ka-Shing
September 30, 2013 | Chinese billionaire Li Ka-Shing, who is a serial investor in Israeli companies, has donated $130 million to Technion Israel Institute of Technology. The funds, donated via the Li Ka-Shing Foundation, will be used to build a new academic facility in Guangdong Province in cooperation with Shantou University (STU). The donation is the largest ever given to the Technion.
September 30, 2013
Enzymotec Raises $63.5M On Wall Street
September 30, 2013 | Israeli company Enzymotec, which develops of lipid-based products and solutions for the nutritional and healthcare markets, has raised a net $63.5 million in its Nasdaq IPO on Thursday.
September 26, 2013
Medication Management Solution Company MediSafe Raises $1M
September 26, 2013 | Israeli startup MediSafe, which develops solutions for medication management via a mobile platform, has raised $1 million in financing. The funds will be directed towards partnering with HMOs, hospitals and pharmaceutical companies, in order to encourage patients to monitor and manage their medication intake using MediSafe’s platform.
September 26, 2013
QR Code Design Platform Visualead Raises $1.6M
September 26, 2013 | Israeli startup Visualead, which developed a platform for QR code and mobile page design, has announced that it has raised $1.6 million in Series A financing. The round was led by Kaedan Capital and Entrée Capital. Visualead is used by some 200,000 small and medium businesses worldwide.
September 25, 2013
Israeli Web-Ranking Engine SimilarWeb Raising $3.5M
SimilarWeb, an Israeli company that develops analytic tools for monitoring and ranking websites, is in the process of raising $3.5 million. The funds will be raised in a financing round with participation from current investors. SimilarWeb has raised $7 million to date.
September 22, 2013
Social Advertising Platform Gigya Raises $25M
September 22, 2013 | Israeli company Gigya, which develops platform to allow brands to socially connect with costumers, has announced that it has raised $25 million in a financing round led by Greenspring Associates. The company client list includes major brands, such as abc, Intel, Nike, Ferrari and more.
Gigya has raised $70 million to date.
[sharethis-inline-buttons]September 18, 2013
Social Media Platform For Gamers Developer Overwolf Raises $5.3M
September 18, 2013 | Israeli startup Overwolf, which developed a platform for integrating social media into gaming, has raised $5.3 million in series A financing. The financing round was led by New York based Marker LLC.
Overwolf was launched in 2010 and according to the company, its software client has been installed by 2.7 million users.
[sharethis-inline-buttons]September 18, 2013
Wikibrains Raises $750,000 To Promote Online Brainstorming
September 17, 2013 | Israeli startup company Wikibrains, which developed a crowdsourcing platform to help people brainstorm, has announced that it has raised $750,000 in seed financing from MindCET and angel investors.
The company plans to use the funds to further expand its online reach and number of “brainstormers.”
[sharethis-inline-buttons]September 18, 2013
CureTech Raises $3.8M
September 18, 2013 | Israeli biotech startup CureTech, which develops innovative ways to treat cancer, has raised $3.8 million. The finances were raised in a rights issue to majority shareholder Clal.
September 18, 2013
Cyber Security Company Versafe Acquired By F5
September 18, 2013 | Israeli company Versafe, which develops web anti-fraud, anti-phishing, and anti-malware solutions, has been acquired by US-based F5 Networks Inc. The financial details of the acquisition were not disclosed. On its last financing round, Versafe raised $8 million at a company value of $30 million.
September 17, 2013
Enzymotec Planning To Raise Over $70M On Wall Street
September 17, 2013 | Israeli nutrition supplement company Enzymotec is poised to raise $70-80 million by holding an IPO on Wall Street. The company, which developed a proprietary method for processing fatty acids, will hold the IPO at a company value of roughly $350 million after money.
September 17, 2013
Blue Sphere To Convert Organic Waste Into Electricity In Ghana
September 17, 2013 | Israeli waste-to-energy company Blue Sphere has signed a Memorandum of Understanding to set up a 10MW power facility in Ghana. The Israeli company will receive organic waste via a local partner, and convert it into usable energy.
September 17, 2013
World Bank Leads $5M Investment In DiViNetworks
IFC, the investment branch of The World Bank, has led an investment round in Israeli internet compression company DiViNetworks. According to an announcement release by both parties today, IFC has invested $5 million in the Israeli startup.
September 16, 2013
TipRanks Wins Best Of Show At Finovate New York
Israeli startup TipRanks, which offers financial analytical service, was awarded “Best of Show” by the more than 1,000 leading banking & financial institution executives, venture capitalists, and fintech entrepreneurs that took part of Finovate Fall 2013.
Finovate is a collective of conferences highlighting the latest developments in financial technology.
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