During the week of December 13, 2009, Clarizen raised $8 million while virtual head generator Gizmoz merged with Daz 3D. Cloudshare came out of stealth and Morgan Stanley came out with a report that the mobile web will overtake the desktop in five years which is promising for Israeli companies in the mobile space. Check below for these stories and the rest of this week’s 9 headlines.

Cleantech
1. Israel plunges into water technology

2. Israeli Renewable Energy – Why Israel, Why Now?

Investment and M&A
3. My Virtual Head Would Look Great On Your Virtual Body! Gizmoz Merges With Daz 3D

4. Clarizen raises $8M in 3rd round

Information Technology
5. CloudShare Comes Out of Stealth Mode: A Talk with Kevin Epstein

6. Kenshoo Branches Out with New Local Search Management Platform

Miscellaneous
7. Vringo Ringtones Startup From Israel Vies With News Corp. Unit

8. Spymaster sees Israel as world cyberwar leader

9. Morgan Stanley: Mobile web to overtake desktop in five years