Israeli company Speedbit, which develops download a video streaming acceleration software, has announced that it has reached an important milestone. According to the company, its flagship product, Download Accelerator Plus, has reached 300 million downloads.
News Briefs
May 06, 2013
Speedbit Reaches 300 Million Installs Milestone
May 06, 2013
JoyTunes Raises $1.5M In Seed Funding
Israeli startup JoyTunes, which develops music-learning games, has announced that it has raised $1.5 million in a seed funding round. The round was led by Genesis Partners. The company has developed games that can be controlled by regular musical instruments, thus turning learning to play an instrument a more engaging activity.
May 02, 2013
Thomson Reuters: One Percent Of Most Cited Academic Articles Written In Israel
A new ranking by Thomson Reuters reveals that 1 percent of the most cited articles worldwide in the past decade were written at Israeli universities or based on collaborations with them. The data was produced especially for “Globes” from the Thomson Reuters Web of Science database, represented in Israel by Teldan Information Systems Ltd.
May 02, 2013
Glide Wins Croud Favorite On TechCrunch Disrupt
Israeli company Glide, which developed a real-time video messaging platform, has won “crowd favorite” on this year’s TechCrunch Disrupt contest. The winner of the competition was Enigma, a New York based company, which offers a platform for analyzing data from public databases.
May 01, 2013
General Electric’s Israeli R&D Center Inaugurated
International corporation General Electric’s Israeli R&D center was recently inaugurated by the company’s VP William Ruh. The center will focus on software development and currently employs seven workers.
May 01, 2013
Brainsway Will Launch Deep TMS In The US
Israeli company Brainsway Ltd., which develops non-invasive treatments using transcranial magnetic stimulation (TMS), will launch its Deep TMS product in the US this month. The device, which is intended for treatment of major depression, won FDA approval earlier this year.
April 30, 2013
CloudEndure Raises $5.2M
Israeli startup CloudEndure, which is developing business continuity solution for cloud-based web applications, has announced that it has raised $5.2 million in a series A financing round. The round was led by VC Magma, with participation from private investors.
April 30, 2013
Israel’s First ‘Social Bank’ Files With ISA
Israeli cooperative Ofek has filed a projection report with the Israel Securities Authority (ISA), with the intent of raising initial capital for Israel’s first social bank. Calcalist reports that the initiative is headed by former Ministry of Finance top executive, accountant Doron Shorer.
April 30, 2013
ClickTale Raises $17M
Israeli startup ClickTale, which develops website user behavior monitoring technology, has announced that it has raised $17 million in a series A financing round. The company has not raised money since its seed financing sound in 2007, in which it raised $800,000.
April 30, 2013
Whitewater Named Bloomberg New Energy Pioneer
Israeli company Whitewater, a “smart water” network and software management firm, was named a 2013 Bloomberg New Energy Pioneer. The annual award was given for the sixth time this year, to companies Bloomberg describes as “game-changing companies in the field of clean energy technology and innovation.”
April 30, 2013
Tata To Invest $5M In Tel Aviv University Fund
Indian automotive giant Tata Group is planning to invest $5 million in Tel Aviv University’s Ramot. Ramot is the university’s technology commercialization branch and the investment will be directed towards its Momentum fund, which will total at $20 million.
April 30, 2013
Dragonplay Negotiating Its Sale For $150M
Israeli startup Dragonplay, which develops poker and slot-machine apps for smartphones, is in the process of negotiating its acquisition for $100-150 million. Calcalist reports that potential buyers include Playtech, GREE, Vkontakte and Win.
April 29, 2013
Alma Lasers Acquired For $240M By Fosun
Israeli company Alma Lasers Ltd., which manufactures laser, light-based, radiofrequency and ultrasound products for the medical and aesthetic market, has been acquired by Chinese company Fosun Pharmaceutical Group Co. Ltd. The Chinese company will pay $240 million for a 95.6 percent stake in the Israeli company.
April 28, 2013
Dog Walking Startup Swifto Raises $2.5M
Israeli startup Swifto, which offers dog-walking services in Israel and New Jersey, has announced that it has raised $2.5 million. The financing round was led by VC Benchmark Capital. Swifto’s service allows dog owners to track their dogs and receive real time data from the dog walker.
April 25, 2013
Dynamic Yield Raises $2M From Bessemer And New York Times
Israeli company Dynamic Yield, which develops a platform for website revenue optimization, has raised $2 million in a series A financing round. The round was led by Bessemer Venture Partners, with participation from The New York Times Company and Innovation Endeavors, which is owned by former Google CEO Eric Schmidt.
