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  • NoCamels 10:04 am on October 27, 2016 Permalink
    Tags: Alec Ellison, Israel fundraising, , , OurCrowd advisory board, OurCrowd board   

    Alec Ellison Joins OurCrowd Advisory Board 

    OurCrowd October 27, 2016 | Israeli crowd-funding firm OurCrowd announced that Alec Ellison, former Vice Chairman of Jefferies, LLC, and Chairman of the Technology Investment Banking group, has joined the OurCrowd Advisory Board. Prior to Jefferies, Ellison was President of Broadview International (which Jefferies acquired).  He began his banking career at Morgan Stanley. Mr. Ellison holds a B.A. from Yale and an M.B.A. from Harvard, where he was a Baker Scholar. Founded in 2013 by Jon Medved, OurCrowd’s community includes nearly 15,000 investors from 110 countries. With offices today in seven countries and a worldwide staff supporting over 100 portfolio companies, OurCrowd has invested over $300 million focused on venture capital and technology startups and has had nine exits: two IPOs and seven sales. In September 2016 OurCrowd announced that it has raised $72 million in Series C funding for its General Partner fund.

  • NoCamels 5:18 pm on October 25, 2016 Permalink
    Tags: advanced sensor technology, , ,   

    Israeli IoT Co. PointGrab Raises $7M 

    pointgrab_logo_rgbOctober 25, 2016 | Israeli Internet-of-Things company PointGrab raised $7 million for its advanced sensor technology for smart buildings. The investors include new partners – Philips Lighting, the global leader in lighting, Mitsubishi UFJ Capital Co. Ltd (MUCAP), a venture capital arm of MUFG, Japan’s largest financial group, in addition to existing investors ABB Technology Ventures (ATV) and others. Based in Hod Hasharon, the company was founded by chairman Saar Wilf, CEO Haim Perski, and VP technology Amir Kaplan. PointGrab raised $5 million last December.


  • NoCamels 10:54 am on October 25, 2016 Permalink
    Tags: best cities in the world, Conde Nast Traveler, ,   

    Tel Aviv, Jerusalem Make Top 40 Cities List 

    conde_nast_traveler_logoOctober 25, 2016 | Readers of the luxury magazine Conde Nast Traveler voted both Tel Aviv and Jerusalem among the 40 “best cities in the world,” in the magazine’s 2016 survey of destinations outside the U.S. published last week. Tel Aviv, which the magazine called “one of the world’s most vibrant, diverse cities” ranked 17th on the list thanks to its exciting nightlife, great beaches, amazing museums , and the world’s largest concentration of buildings in the International Style — more than 4,000 of them comprise Tel Aviv’s White City, a UNESCO World Heritage Site. Jerusalem was ranked 28th on the list and was praised for its “cutting-edge art scene” and growing restaurant scene. ” Last year, Jerusalem was picked by Condé Nast Traveler readers as the 11th best city in the world, but Tel Aviv did not make the list. The world’s top city, according to the readers, was Tokyo.

  • NoCamels 10:03 am on October 25, 2016 Permalink
    Tags: , , , Proofpoint   

    Cyber Security Co. FireLayers Bought For $55M 

    FireLayers Goes Out Of Stealth Mode And Closes Financing RoundOctober 25, 2016 | Israeli startup FireLayers, which develops cyber-security solutions for cloud IT,  has been acquired by US cyber security company Proofpoint Inc. for $55 million. Proofpoint will pay $46 million in cash and $9 million in shares for the Herzliya based company. FireLayers, which formally launched in 2014, was  co-founded by CEO Yair Grindlinger and president Doron Elgressy.

  • einat 2:55 pm on October 20, 2016 Permalink
    Tags: Israeli startup Kampyle, Kampyle's acquisition by Medallia, Kampyle's software for capturing customer feedback   

    Israeli Startup Kampyle Acquired 

    kampyle-logoOctober 20, 2016 | American customer experience management company Medallia has acquired Israeli startup Kampyle, which develops software for capturing customer feedback on digital and mobile channels. Terms of the deal were not disclosed. Founded in 2009 by Eran Savir and Eylon Steiner, the company raised $1 million prior to the acquisition.

  • einat 1:49 pm on October 20, 2016 Permalink
    Tags: HearMeOut IPO, Israeli social networking startup HearMeOut, the audio version of Twitter HearMeOut   

    HearMeOut To Raise $4.2M On Australian Bourse 

    hearmeout-logoOctober 20, 2016 | Israeli social networking startup HearMeOut has requested the Australian Securities and Investments Commission (ASIC) to trade on the Australian Securities Exchange, in hopes to raise at least $4.2 million (5.5 million Australian dollars). Founded in 2014 by Moran Chamsi, Yaki Gani, Issy Livian and Lior Menashe, the company – which has been dubbed “the audio version of Twitter” – has so far raised $750,000.

  • einat 10:09 am on October 20, 2016 Permalink
    Tags: David Ben-Bassat, Israeli developer of vision solutions for autonomous cars Oryx, Israeli startup Oryx Vision, Oryx Vision's $17 million funding round   

    Oryx Raises $17M To Develop Vision For Driverless Cars 

    oryx-vision-logoOctober 20, 2016 | Israeli startup Oryx Vision, a developer of vision solutions for autonomous cars, has raised $17 million in a financing round led by Bessemer Venture Partners, with participation from Maniv Mobility and Trucks VC. Founded in 2009 by David Ben-Bassat and Rani Wellingstein, the company provides driverless vehicles a detailed 3D view of their environment.

  • einat 12:53 pm on October 19, 2016 Permalink
    Tags: Israeli tire technology startup Neomatix, Neomatix Wins Shell's Top Energy Award   

    Neomatix Wins Shell’s Energy Challenge 

    neomatix-logoOctober 19, 2016 | Neomatix, an Israeli startup specializing in computer vision and big data analytics for vehicle tires, is the winner of Shell’s Bright Energy Ideas Challenge. It was chosen over 218 other mobility startups from 36 countries, receiving a prize of €25,000 in cash and a €100,000 convertible loan. According to Geert van de Wouw, managing director of Shell Technology Ventures, the winning startup was selected thanks to its potential effect on sustainability and road safety. Founded in 2011 by Kfir Wittmann, Neomatix has already raised $3 million.

  • NoCamels 11:47 am on October 19, 2016 Permalink
    Tags: , Israel-Norway, , ,   

    Eldan To OIW: Key To Israel’s Startup Success “Not Being Afraid To Take Chances” 

    osloinnovationweeklogoOctober 19, 2016 | Speaking at Oslo Innovation Week (OIW), a five-day event bringing together startups, established companies, government organizations and investors, Anya Eldan, the GM of Early Stage Companies and Incubators at Israel’s Office of the Chief Scientist and one of the leading women in Israel’s innovation ecosystem, explained how Israel, a small country, is competing with much larger ones. “We are very innovative and entrepreneurial,” Eldan told the large gathering. “We have about 1,000 new startups each year and about 7,000 operational at any given time – with a very large venture capital industry. Eldan believes the growth and global attraction of Israeli businesses has a lot to do with not being afraid to fail. She and the government encourage entrepreneurs to not shy away from it. “We as a government should encourage people in every sector to take chances, that is what innovation is all about. Also, one of the most important contributions a successful entrepreneur can make is to help others – and one thing we see a lot in Israel is the mentoring network.”

  • NoCamels 9:15 am on October 16, 2016 Permalink
    Tags: Foodlab Capital. Lazarus Israel, Restaurant management,   

    Restaurant Management Co. SimpleOrder Raises $2.75M 

    simpleorder.October 16, 2016 | Israeli startup SimpleOrder, which develops a management platform for restaurant owners, has closed a $2.75 million series A financing round led by Lazarus Israel Opportunities Fund and Foodlab Capital, with participation from existing investors Cyrus Angel Fund and private angel investors. Founded in 2012, by Arik Mazan, Amir Zelig and Guy Even Ezra, the Tel Aviv based company has raised $4.45 million, including the latest financing. SimpleOrder’s platform allows restaurant owners and managers to keep track of accounting and other financial data in real time, providing for more transparency in order-placing and making the service industry more efficient.

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