Tweet During the past week, Answers.com announced that it was acquired by Summit Partners for $127 million in cash and will be going private. Israel’s Cabinet approved an emergency plan to increase desalinated water production and Geekmedia revealed the creation of an Israeli startup incubation business modeled after Y Combinator. For these stories and more, […]
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Tweet A new venture set up by General Electric (GE), ConocoPhillips, and NRG Energy has plans to potentially invest part of its $300 million in early-stage technology firms from Israel. Gesture control company Omek Interactive has raised an undisclosed sum from investors and Iway and Cellcom have launched the first full entertainment and Internet system […]
Tweet The investment arm of auto manufacturer General Motors (GM) announced that it invested in Israeli startup Powermat, the company’s first investment in an Israeli company. AT&T will be opening a mobile app development center in Tel Aviv sometime in 2011 and Jinni, a movie and TV show recommendation engine raised $5 million. For these stories […]
Tweet Every year Deloitte Brightman Almagor Zohar, a professional services firm under the interational Deloitte brand in Israel, releases an annual list of Israel’s top 50 fastest growing technology companies for the year based on percentage revenue growth over a five-year period. Seventeen software companies ranging from security to finance to storage made the list […]
Tweet During the week of September 19, 2010, it was revealed that interactive video ad company and 2010 Technology Pioneer Innovid raised $4 million. SaaS company, Panaya raised $6 million from an SAP co-founder after it was sold and Fring continues to challenge VoIP giant Skype, this time with $0.01 per minute VoIP calls. For […]
Tweet During the week of July 18, 2010, Amdocs and AT&T launched a new development center. Israeli scientists claim that they can increase computer memory capabilities using protein from poplar trees and the Jerusalem Post implemented SemantiNet’s Headup application on its website. The app lets visitors discover new content and enables the Jerusalem Post to […]
Tweet During the week of July 11, 2010, Fring, a mobile VoIP network that lets users make video calls over 3G and other things, unveiled its new app for the iPhone 4 and set off a heated debate with Skype. Motorized bicycling is taking off in Israel and Conduit is continuing to report big numbers. […]
Tweet During the week of July 4, 2010, Venrock, the venture capital arm of the Rockefeller family, raised $350 million. The Silicon Valley-based fund has invested in several Israeli companies over the years including Check Point, Bhive Ltd., P-cube, and Imperva. IBM Israel and the EU will be partnering open source and cloud technologies to […]
Tweet The investment gap in Israel that has been left open by VCs in recent years is about to be partially filled with the recent launch of JANVEST. JANVEST is an investment fund that pools together the money of angel investors in the United States and invests in Israeli startups with it. Founded by Danny Yatom, […]
Tweet Earlier this week, Interlude.fm, an interactive video platform from popular Israeli musician, Yoni Bloch, excited the industry with its presentation (and victory) at the second annual Techonomy conference outside of Tel Aviv. The company’s technology, similar to the “choose-your-own-adventure” stories that were popular in the early 1980s, offers viewers the opportunity to decide the […]
