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  • mayay 2:48 pm on March 3, 2015 Permalink
    Tags: infocomm development authority of singapore, infocomm investments, infocomm singapore, , ,   

    Infocomm Considers Investments In Israeli Companies 

    ida-logoMarch 3, 2015 | Infocomm Investments, part of the Infocomm Development Authority of Singapore, is planning to make its first direct investments in Israel high tech companies. The fund, worth about $200 million is backed by the government of Singapore, hopes to invest in Israel high tech solutions that will bring the country’s IT services and systems to the next level. Though specific companies weren’t outlined in the Reuters report, the fund will invest between $1-$5 million in Israeli companies. The fund is focusing on cyber security companies and financial tech companies, including Colu and Neema.

     
  • mayay 3:04 pm on March 2, 2015 Permalink
    Tags: instant app localization, instant translation of apps, , lingui, lingui app translation, oht-mobile,   

    OHT-Mobile Releases Lingui Instant App Localization Solution 

    ohtmobileMarch 2, 2015 | One Hour Translation (OHT) Mobile has launched a new platform called Lingui, which works as an instant app localization solution. It allows users and businesses to quickly translate their applications into other languages, without needing to hire extra manpower or to create additional versions of the application. Lingui engages in automatic translation, professional-level translation and “crowdsourced” translation to create a version of the app in the selected language, updating the app in real time as the translations come in. The Lingui platform will be showcased by OHT-Mobile at the Mobile World Conference in Barcelona this week. One Hour Translation was founded in 2008 by Lior Libman, Yaron Kaufman, Oren Yagev and Ofer Shoshan.

     
  • mayay 2:53 pm on March 2, 2015 Permalink
    Tags: content recommendation outbrain, israel content recommendation, , , outbrain agreements, outbrain le monde,   

    Outbrain, Le Monde Sign Exclusivity Agreement 

    OutbrainMarch 2, 2015 | The Israeli content recommendation company Outbrain announced that it has signed an exclusive multi-year agreement with the French publication company Le Monde. According to the agreement, Le Monde will utilize Outbrain’s content recommendation services, with Outbrain promising to meet content guidelines and to respect journalistic independence. Le Monde hopes that the deal with Outbrain will increase traction of its online content, thereby increasing Internet profits. Le Monde showed interest early-on in Outbrain’s services, and will now use the platform to promote content on eight of the publication conglomerate’s content outlets. Outbrain was founded in 2006 by Ori Lahov and Yaron Galai.

     

     
  • mayay 2:14 pm on March 2, 2015 Permalink
    Tags: , cyberark nasdaq, cyberark secondary offering, cyberark udi mokady, ,   

    CyberArk To Issue $200M Secondary Offering On NASDAQ 

    cyberarkMarch 2, 2015 | The Israeli company CyberArk Software submitted a draft prospectus with the US Securities & Exchange commission to issue a secondary offering worth $200 million on NASDAQ. The company, which develops software to protect organizational information, will not raise any new funds in the offering. The underwriters for the secondary offering include Goldman Sachs, Deutsche Bank, Barclays, Bank of America-Merrill Lynch, and William Blair, among others. CyberArk was founded in 1999 by Udi Mokady.

     
  • mayay 5:58 pm on March 1, 2015 Permalink
    Tags: , , security data on smartphones, , zimperium, zimperium mobile security company   

    Zimperium Raises $12M In Series B 

    zimperiumMarch 1, 2015 | The Israeli mobile security company Zimperium announced that it closed a $12 million Series B funding round. The round was led by the Ventures group at Telstra, the largest telecom and information services company in Australia. New investor TOYO Corporation in Japan, which is also the company’s distributor in the country, participated in the round, together with Sierra Ventures, Lazarus Israel Opportunities Fund and Samsung. With headquarters in San Francisco and offices in Tel Aviv, Zimperium was founded in 2011 by Zuk Avraham and CTO Elia Yehuda.

     
  • mayay 5:17 pm on March 1, 2015 Permalink
    Tags: Avi Shterling, israel digital printing, israel ipos nasdaq, , kornit digital, kornit digital ipo,   

    Kornit Digital Hopes To Raise $100M In NASDAQ IPO 

    kornitdigitalMarch 1, 2015 | Kornit Digital, an Israeli company specializing in digital printing solutions, filed with the US Securities & Exchange Commission to raise up to $100 million in a NASDAQ IPO. The company hopes to raised the funds at a company valuation of $500 million, according to reports. Kornit Digital has not yet determined the number of sales that will be sold nor the price range for the shares. Barclay’s Capital and Citigroup Global Markets will act as joint underwriters for the offering. Kornit Digital was founded in 2003 by Avi Shterling.

     
  • mayay 4:27 pm on March 1, 2015 Permalink
    Tags: chiasma biopharmaceutical, , chiasma series e funding, , ,   

    Chiasma Pharma Raises $70M In Series E Funding 

    chiasmalogoMarch 1, 2015 | The Israeli biopharmaceutical company Chiasma announced that it closed a $70 million Series E funding round. Rock Springs Capital and Sofinnova Ventures were new investors in the round, together with existing investors MPM Capital, F2 Capital, 7 Med Health Ventures, Abingworth and ARCH Venture Partners. Chiasma hopes to use the new funds to grow its sales and marketing capabilities, as well as to prepare for the commercial launch of its product for adults with acromegaly, a rare endocrine disease, among other things. Chiasma was founded in 2001 and is headquartered in Jerusalem and Newton, Massachusetts.

     
  • mayay 4:16 pm on February 26, 2015 Permalink
    Tags: , mastercard app index, mobile top app index 2015, , parko parking app,   

    Parko Named In MasterCard ‘Mobile Top App Index’ 

    ParkoFebruary 26, 2015 | MasterCard announced the “Mobile Top App Index,” a European Index of mobile shopping apps, and one of the top 19 apps is Israeli. Out of the top apps selected by MasterCard in 2015, Israeli parking assistance app Parko was chosen as a winner. The application provides crowdsourced parking information to users, letting them know when a parking spot is free or is about to be vacated. The application also provides navigation services to the parking spot. Parko was founded in 2011 by Andrea Kruchkik Krell, Itai David and Tomer Neuner.

     
  • mayay 3:52 pm on February 26, 2015 Permalink
    Tags: , magic acquisitions, magic appbuilder, magic israel, , software tools for large companies,   

    Magic Acquires 70 Percent Stake In Israeli Software Co. 

    MagicLogoFebruary 26, 2015 | Magic Software Enterprises will acquire a 70 percent stake in an Israeli company that specializes in software professionalization services for mainframes and large-scale environments. The agreement has the possibility to be expanded from a 70 to a one hundred-percent stake. Details were not disclosed regarding the name of the company or the price of the acquisition. Magic hopes that the acquisition of the company will expand its AppBuilder software solution for large and complex infrastructures. Magic was founded in 1986 by David Assia and Yaki Dunietz.

     
  • mayay 3:30 pm on February 26, 2015 Permalink
    Tags: , Itzhak Fisher, , pereg ventures fund, , Ziv Ben-Barouch, zollo   

    Pereg Ventures Raises $25 For New Fund 

    peregFebruary 26, 2015 | Pereg Ventures is raising money for an investment fund for Israeli and US startups. The fund has already raised $25 million and hopes to raise an additional $75 million by the end of the year. Pereg as already invested some of its existing funds from the round in two Israeli startups, Zollo, in which it invested $1 million, as well as one US startup, RealNext. Pereg Ventures is run by two Israeli managing partners, former Nielsen VP Itzhak Fisher and Ziv Ben-Barouch and was founded in 2012.

     
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