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  • mayay 4:35 pm on April 16, 2015 Permalink
    Tags: avenlo, , matomy acquisitions, , maven marketing group,   

    Matomy Acquires 70% Stake In Avenlo 

    matomyApril 16, 2015 | Matomy Media Group announced that it acquired a 70 percent stake in the Canadian performance email marketing and targeting company Maven Marketing Group. Operating under the name Avenlo, Matomy still has the option to acquire the remaining 30 percent of the company within the next three years. Sources close to “Globes” estimate the acquisition amount at $17.6 million. Matomy Media Group was founded in 2007 by Adi Orzel.

  • mayay 4:26 pm on April 16, 2015 Permalink
    Tags: , foamix dermatological foam, foamix pharma, foamix secondary offering, , , israeli biomed companies nasdaq   

    Foamix Raises $60M In Secondary Offering 

    foamixApril 16, 2015 | The Israeli biomed company Foamix Pharmaceuticals announced that it raised $60 million in a secondary NASDAQ offering. Foamix is the developer of a foam-based delivery method for dermatological products and drugs. Foamix was founded in 2003 by Dov Tamarkind.

  • mayay 4:17 pm on April 16, 2015 Permalink
    Tags: asian infrastructure investment bank founders, israel aiib, , , israel international relations news   

    Israel Official Founder of Asian Infrastructure Investment Bank 

    asiainfrastructureinvestmentApril 16, 2015 | The Asian Infrastructure Investment Bank (AIIB) announced that Israel has been approved as one of the banks 57 founding members. The goal of the AIIB, a Chinese initiative, is to provide financial infrastructure for development projects in Asia. The establishment of the bank is set to be completed by the end of this year.

  • mayay 3:20 pm on April 16, 2015 Permalink
    Tags: , , israel heart tech, left ventricular assist device, , leviticus cardio heart solutions, trendlines group companies   

    Leviticus Cardio Raises $1.5M From Private Investors 

    Leviticus CardioApril 16, 2015 | The Trendlines Group portfolio company Leviticus Cardio announced that it raised over $1.5 million from private investors. The company will reportedly use the funds to commence its “first-in-man” feasibility study with the unique Coplanar Energy System. Leviticus Cardio is a medical device company founded in 2008 dedicated to improve the clinical outcome for patients implanted with a left ventricular assist device (LVAD) for impaired cardiac function.

  • mayay 3:14 pm on April 16, 2015 Permalink
    Tags: aaron ciechanover research, anti-cancer drugs, cancer research technion, , , sun pharmaceutical industries israel, technion partnerships   

    Technion, Sun Pharma Partner To Develop Anti-Cancer Drugs 

    technionApril 16, 2015 | Sun Pharmaceutical Industries and the Technion Israel Institute of Technology announced that they have entered into a worldwide research and licence agreement. The agreement is aimed at the development of a joint project, based on findings made by Nobel Prize laureate Aaron Ciechanover, that could potentially lead to the development of anti-cancer drugs.

  • mayay 3:02 pm on April 16, 2015 Permalink
    Tags: , , indian r&d centers in israel, , tech mahindra india,   

    Comverse And Tech Mahindra Sign $150-200M Cooperation Deal 

    comverseApril 16, 2015 | Comverse and Indian company Tech Mahindra have signed a $150-200 million deal to establish a research and development center in Israel. “Engineering is a very large part of our business but we want to make it even bigger. We believe it can be a billion dollars annually in the next few years,” said Manish Vyas, President of Tech Mahindra’s communications group. “Given the culture of entrepreneurship in Israel we need to be here,” he continued . According to the agreement, Tech Mahindra will be responsible for R&D and customer services and Comverse will be responsible for product management and sales. Comverse was founded in 1982 in Israel by Kobi Alexander, Boaz Misholi and Yechiam Yemini.

  • mayay 3:56 pm on April 15, 2015 Permalink
    Tags: , israel agritech asia, israel agritech solutions, , vingroup, vingroup israel   

    Vingroup To Apply Israeli AgriTech Solutions 

    vingroupApril 15, 2015 | The largest privately-owned Vietnamese company, Vingroup, announced that it will purchase Israeli technology to be used in its agricultural projects. Israeli figures estimate that Vingroup’s use of Israeli technology could mean a bankroll of tens of millions of dollars in sales, intellectual property fees, services and equipment in the years to come. The firms founder announced that Vingroup would develop commercial farms using Israeli, Dutch and Japanese technology. Vingroup was founded in 1993.

  • mayay 3:50 pm on April 15, 2015 Permalink
    Tags: , accellta stem cells tech, , , israel stem cell research, technion companies, technion stem cell research   

    Accellta Signs Exclusive Agreement With Stem Cell Technologies 

    accelltalogoApril 15, 2015 | The Israeli stem cell solutions company Accellta announced that it signed an exclusive agreement with the international company Stem Cell Technologies. As part of the agreement, Stem Cell Technologies will market Accellta’s culturing platform that grows stem cells. Accellta was founded at the AMIT Institute of the Technion Israel Institute of Technology.

  • mayay 3:24 pm on April 15, 2015 Permalink
    Tags: , adallom funds, adallom israel, cloud access security, israel cloud companies, ,   

    Confirmed: Adallom Raises $30M 

    AdallomApril 15, 2015 | The cloud access security company Adallom confirmed reports that it raised $30 million. The funds were raised from the newly launched Hewlett Packard Ventures, Rembrandt Venture Partners, Sequoia Capital and Index Ventures. The funds will reportedly be used to grow the company’s sales and marketing and to expand research and development. Adallom was founded in 2012 by Roy Reznik, Ami Luttwak and Assaf Rappaport.

  • mayay 3:05 pm on April 15, 2015 Permalink
    Tags: , , viola group israel, , viola private equity second fund   

    Viola Private Equity Raises $250M Second Fund 

    violaprivateequitylogoApril 15, 2015 | Viola Private Equity, an investment firm that deals with growing technology companies, announced that it raised $250 million for its second investment fund. The firm, which is tied to the larger Viola Group in Israel, stated that it doesn’t plan to raise more than $300 million in the second fund. The second fund will be used to invest in between 10-12 growing startup companies with the each investment valued between $20-40 million. Viola Private Equity was founded in 2008 and is headquartered in Herzliya, Israel.

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