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  • NoCamels 12:21 pm on July 26, 2016 Permalink
    Tags: Israel Venture Capital Research Center, Israeli Private Market Survey, IVC-Shibolet   

    New IVC Survey: $1.6B Invested In 29 Deals 

    IVC: Israeli Companies Raise $488M In 2012 Q3July 26, 2016 |The Israel Venture Capital Research Center (IVC) has published its IVC-Shibolet Israeli Private Equity Market Survey for the second quarter of 2016. The survey showed that private equity investment in Israel in the first half of 2016 fell 24% to $1.6 billion in 29 private equity deals from $2.1 billion in 53 deals in the corresponding period of 2015. In the second quarter of 2016, 13 Israeli private equity deals accounted for $1.3 billion, up from $270 million invested in the preceding quarter, but below the $1.6 billion in the corresponding quarter of 2015. The average deal amount climbed to $98 million, the highest quarterly average in the past four years. Foreign PE funds lead Israeli PE deal-making, with 80 percent of total capital invested in the first half of 2016. The survey also showed that 88 percent of all PE investments were made in the technology sector.  Also, straight equity deals dropped 50% in the first half of 2016.

     
  • NoCamels 11:42 am on July 26, 2016 Permalink
    Tags: , Israeli wastewater treatment company, wastewater treatment company   

    Wastewater Treatment Company Emefcy Raises $23.6M 

    emefcyJuly 26, 2016 | Israeli wastewater treatment company Emefcy has raised Australian $31.6 million (US$23.6 million) on the Sydney Stock Exchange after closing a placement of shares. The company raised the money from investors that included funds and institutional bodies from the US, Hong Kong, China, Australia and Singapore, but not from Israel. Emefcy was founded in 2008 by CEO Eytan Levy and CTO Ronen Shechter. The company has developed a high-quality, low energy consumption wastewater treatment technology, compared with other technologies on the market.

     
  • NoCamels 5:08 pm on July 25, 2016 Permalink
    Tags: , Israeli diabetes startup, , Norma Investments LTD,   

    DreaMed Diabetes Raises $3.3M 

    dremedJuly 25, 2016 | Israeli startup DreaMed Diabetes, which develops diabetes treatment and management solutions, announced today that it has raised $3.3 million from Norma Investments Limited, representing businessman Roman Abramovich, and a strategic investor. The funds will be used mainly for the further development of Advisor, DreaMed Diabetes’s decision support technology platform for determining the optimal patient-specific insulin treatment plans leading to balanced glucose levels in people with diabetes. Based in Petah Tikva, the company was founded in 2014 by Eran Atlas and Shahar Miller.

     
  • NoCamels 12:09 pm on July 25, 2016 Permalink
    Tags: DNA Biomedical Solutions, Entera Bio, Israeli drug company, Israeli drug developer   

    Drug Developer Entera Bio Raises $7.5M 

    EnteraBio_logoJuly 25, 2016 | Israeli pharmaceutical company Entera Bio, a subsidiary of DNA Biomedical Solutions Ltd., has raised $7.5 million in a loan convertible into shares. Pontifax led the round, with participation from private investors. Based in Jerusalem, Entera Bio is developing orally administered drugs as a replacement for injectables and IVs.

     
  • NoCamels 2:09 pm on July 24, 2016 Permalink
    Tags: Israeli cloud computing startup, , ,   

    Cloud Computing Startup Redis Labs Raises $14M 

    redislabslogo | July 24, 2016 | Israeli cloud computing startup Redis Labs has closed a $14 million Series C financing round. Bain Capital Ventures and Carmel Ventures led the round, with participation from other existing investors, at what the company described as a significantly increased valuation from the previous two rounds. Redis Labs said it will use the proceeds to expand sales and marketing efforts to accelerate global customer acquisition. Founded in 2011 by CEO Ofer Bengal and CTO Yiftach Shoolman, Redis provides cloud database services and has over 6,200 enterprise customers and its Redis Cloud service exceeds 55,000 accounts.

     
  • NoCamels 11:24 am on July 24, 2016 Permalink
    Tags: BC Partners, , , Keter, Keter Plastic   

    BC Buys 80% Of Israel’s Keter Plastic For $1.7B 

    Keter_Plastics_logo.svg_July 24, 2016 |  BC Partners is to buy an 80% stake of Israel’s Keter Plastic at a company value of $1.7 billion. BC Partners beat out a joint venture of CVC Capital Partners and Goldman Sachs in a bidding war, according to Israeli and international media sources. BC Partners is a private equity firm operating from London, Paris, Hamburg and New York and specializing in European buyouts and acquisitions. It has also bought a number of US companies. Founded in 1948 in a small workshop in Jaffa, Keter has grown to become the world’s largest manufacturer of resin-based household and garden furniture. Its product range includes garden sheds, toolboxes, bathroom cabinets and backyard playhouses for children. The company now operates 29 plants in Israel, Europe and the United States. From its $880 million sales in 2015, Keter totaled a gross profit of $310 million, a 45% increase on its 2014 total.

     
  • NoCamels 10:29 am on July 24, 2016 Permalink
    Tags: Coolan, , ,   

    Salesforce Acquires Israeli Startup Coolan 

    Cooloan | July 24, 2016 | US cloud computing company Salesforce.com has acquired Coolan, an Israeli data center management software startup co-founded by Amir Michael, a former Facebook and Google hardware engineer and one of the founders of the Open Compute Project for an undisclosed amount. Facebook’s open source data center and hardware design initiative. Salesforce’s initial plan is to use Coolan’s technology to optimize its infrastructure, Michael said in a blog post announcing the deal. Salesforce.com has previously bought three Israeli startups: SaaS encryption services company Navajo Systems in 2011, data-mining startup Bluetail in 2012, and data-entry automation startup Implisit Insights earlier this year.

     

     
  • NoCamels 1:47 pm on July 21, 2016 Permalink
    Tags: , Liquid glass startup, Mecedes-Benz Israel, Mercedes-Benz Accelerator   

    Gauzy Chosen For Mercedes-Benz Accelerator 

    Gauzy Raises $4M To Turn Any Glass Surface Into A ScreenJuly 21, 2016 | Israeli startup Gauzy, which develops liquid crystals that can double as both glass surfaces and computer screens, has been chosen by Mercedes-Benz as the first company to participate in their startup accelerator which was launched last week at an event in Stuttgart, Germany. Gauzy’s co-founder Eyal Peso was invited by Mercedes-Benz Daimler to deliver a keynote speech at the event  in which he presented multi-applications of his cutting-edge technology. Gauzy’s patented liquid glass solution can replace glass in appliances, cars, windows and anywhere where glass surfaces are used, and serve as a monitor.

     
  • NoCamels 10:55 am on July 21, 2016 Permalink
    Tags: , Israeli augmented reality startup, , Pixie Technology   

    Augmented Reality Startup Pixie Raises $18.5M 

    pixieJuly 21, 2016 | Israeli augmented reality startup Pixie Technology Inc. has closed a Series B financing round of $18.5 million. The investment was led by Spark Capital with the participation of Cedar Fund, OurCrowd and private investors. This round brings the total funds raised by Pixie to date to $24 million, having raised $5.5 million in 2013. Designed to help people easily track and find their favorite everyday items, Pixie Technology combines augmented reality navigation with innovative signaling technology. Pixie is headquartered in Los Altos, California and has a development office in Israel.

     
  • NoCamels 2:35 pm on July 20, 2016 Permalink
    Tags: enterprise mobility startup. Capriza, Israeli enterprise mobility startup,   

    Israeli Enterprise Mobility Startup Capriza Raises $23M 

    capriza-logo-blogJuly 20, 2016 | Israeli enterprise mobility startup Capriza has raised $23 million in a Series C extension funding round. The round was led by existing investor Andreessen Horowitz, with participation from existing investors Charles River Ventures, Harmony Partners and Tenaya Capital, and new investors Entre Capital and Vintage Investment. The company, which has raised $73m to date, intends to use the funds to continue to expand operations. Headquartered in Palo Alto and with its Israeli development office in Hod Hasharon, Capriza was founded in 2011 by chairman Amnon Landan, CEO Yuval Scarlat, CTO Oren Ariel, and VP R&D Ronnen Armon. Capriza provides an enterprise mobility platform that allows IT and business units to mobile-enable critical business workflows without any coding, APIs or integration by extending the capabilities of existing applications from SAP, Oracle, Salesforce as well as custom-built solutions. The platform is used by more than 100 enterprise customers spanning 30+ industries and 500,000+ users including City of Los Angeles, DirecTV, Flex, The Linde Group, Titan Machinery and Volvo Financial Services.

     
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