Wibbitz, a startup that coverts text and articles into videos in a matter of seconds, yesterday closed a funding round of approximately $3 million. The startup, dounded in 2011, hope to change the way we consume content online.

Investment network eToro announced that it has closed a funding round of $15 million from Spark Capital and other investors to fuel international growth and further development of its social trading platform. The new round takes the total amount of funding in the Israel-based company to $33.9 million. eToro’s community powered network enables every investor to […]

NeuroPhage Pharmaceuticals, a privately held biotechnology company focused on the treatment and prevention of neurodegenerative diseases, announced that it has secured $9 million. The funding round that was completed by existing investors and private investors brings the total amount of equity capital raised by NeuroPhage since its inception in 2006 to $28.6 million. NeuroPhage, which […]

Israeli company Gamida Cell will raise $10 million in an internal round from its shareholders, including an owners’ loan of $4 million. Elbit Medical Technologies, which owns 31.6% of Gamida Cell, will invest $3 million in the round. Gamida Cell develops stem cell therapy products for transplantation and regenerative medicine. It is soon to start a […]

Ginger Software, the developer of contextual grammar and spell-checking tools, announced that it has raised $6.3 million in a financing round led by Israeli investment firm, Vaizra Ventures. The Israeli and Massachusetts-based company, founded in 2007, raised $15 million to date from investors. Its products target people who learn English as a second language and […]

GE Healthcare announced it has invested $13.75 million in InSightec Ltd., in the form of a convertible loan. GE Healthcare last invested in Insightec in 2008. The company develops MR guided focused ultrasound devices for the treatment of uterine fibroids, tumors, and neurological disorders. It noted that it would use the proceeds to finance its […]

Social media company tracx announces today the launch of its social media management platform. According to tracx, it is a modular and scalable system designed to provide professional users with tools to identify, manage and monetize their ultimate audience profile and segmentation. tracx also announced it secured $4.4 million in its second round of funding. […]