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  • einat 10:59 am on September 21, 2016 Permalink
    Tags: , OurCrowd's $72 million funding round   

    Crowd-Funding Firm OurCrowd Raises $72M 

    OurCrowdSeptember 21, 2016 | Israeli crowd-funding firm OurCrowd raised $72 million from financial institutions and private investors from around the globe. So far, the crowdfunding platform has invested $300 million in 100 portfolio companies and funds. Some of its portfolio startups were sold or went public, including: ReWalk, which is traded on Nasdaq; Crosswise (bought by Oracle); Replay Technologies (bought by Intel); and NextPeer (bought by Viber). Founded in 2013 by Jon Medved, OurCrowd’s community includes nearly 15,000 investors from 110 countries.

  • NoCamels 10:40 am on September 21, 2016 Permalink
    Tags: back pain drug, chronic lower back pain, fasinumab, osteoarthritis, Regeneron Pharmaceuticals,   

    Teva Buys Rights To Chronic Pain Drug For $250M 

    teva September 21, 2016 | Israeli pharmaceutical giant Teva Pharmaceutical and Regeneron Pharmaceuticals, Inc. announced an agreement to develop and commercialize pain drug fasinumab. This is Regeneron’s investigational NGF antibody in Phase III clinical development for osteoarthritis pain and in Phase II development for chronic lower back pain. Under the terms of the agreement, Teva will pay Regeneron $250 million upfront and share equally in the global commercial value (excluding Japan, Korea and other Asian countries covered by a previous collaboration), as well as ongoing R&D costs of about $1 billion.

  • einat 1:08 pm on September 20, 2016 Permalink
    Tags: All-In-One Credit Card, FinTech startup Curve, Israeli fintech   

    Curve Raises $3M To Create All-In-One Credit Card 

    curve-logoSeptember 20, 2016 | FinTech startup Curve has raised $3 million, bringing its total funds to $5 million. Founded in 2015 by Israeli Shachar Bialick, along with Tom Foster-Carter and Anna Mostyn-Williams, the startup develops a credit card that aggregates all your bank cards and will be synced with a mobile app.

  • einat 2:06 pm on September 18, 2016 Permalink
    Tags: Israeli FinTech startup Tipalti, payments automation startup Tipalti, Tipalt's $14 million finding round led by SGVC   

    Israeli FinTech Startup Tipalti Raises $14M 

    tipaltiSeptember 18, 2016 | Israeli FinTech startup Tipalti has raised $14 million in a funding round led by venture capital firm SGVC. A provider of payments automation solutions, Tipalti was founded in 2011 by Chen Amit and Oren Zeev. It has so far raised $27 million.

  • einat 11:08 am on September 15, 2016 Permalink
    Tags: Israeli video analytics company Agent Vi, Kuang-Chi Group's investment in Agent Vi   

    Video Analytics Company ‘Agent Vi’ Raises $6M 

    agent-vi-logoSeptember 15, 2016 | Chinese corporation Kuang-Chi Group has announced it will invest $4.3 million in Agent Video Intelligence (Agent Vi), an Israeli video analytics company, as part of the startup’s $6 million financing round. Founded in 2008 by Gadi Talmon and Zvi Ashani, the company has so far raised $20 million. 

  • NoCamels 5:28 pm on September 14, 2016 Permalink
    Tags: Applause, Applause digital testing, Digital testing applause,   

    Digital Testing Company Applause Raises $35M 

    Applause Acquires TesthubSeptember 14, 2016 | Digital testing company Applause has raised $35 million in a Series F financing round, led by Direct Equity Partners, an investment program managed by Credit Suisse, with the participation of Accenture. This round brings Applause’s total funding-to-date to more than $115 million. The round had full participation from all of Applause’s previous investors, including Goldman Sachs’s Merchant Banking Division, QuestMark Partners, Scale Venture Partners, Longworth Venture Partners, Mesco Ltd and MassVentures. The company’s most recent funding was a $43 million Series E round in January, 2014. Applause is an Israeli company, with global headquarters near Boston, Massachusetts and its development center in Herzliya that was originally launched in 2008 as uTest.


  • einat 1:38 pm on September 14, 2016 Permalink
    Tags: Israeli Shin Beit (Israel Security Agency) head Yuval Diskin, Israeli startup backed by VW CyMotive, Volkswagen's joint venture with former shin beit head   

    VW, Ex-Shin Bet Head Form Cyber-Security Startup 

    volkswagenSeptember 14, 2016 | Car maker Volkswagen is partnering with former Shin Bet (Israel Security Agency) head Yuval Diskin to form a new cyber-security company called CyMotive Technologies. Other former Shin Bet executives involved in the joint venture, which will be based in Herzliya, Israel, are Tsafrir Kats and Dr. Tamir Bechor. The new company will develop products and solutions for the next generation of cars. “We see CyMotive as a long-term investment, with the purpose of making the vehicle and its surroundings safer,” Dr. Volkmar Tanneberger of Volkswagen said in a statement. 

  • einat 10:44 am on September 14, 2016 Permalink
    Tags: IGP's $20 million investment in Optimove, Israeli online marketing company Optimove, Israeli startup Optimoveת Optimove's $20 million financing round   

    Israeli Online Marketing Startup Optimove Raises $20M 

    optimove-logoSeptember 14, 2016 | Israeli startup Optimove has raised $20 million from Israeli venture capital firm IGP – Israeli Growth Partners. Optimove provides online marketing technologies to some 200 companies. Founded by Pini Yakuel in 2009, this is the company’s first financing round. 

  • NoCamels 4:51 pm on September 13, 2016 Permalink
    Tags: , Gur Shatz, Israeli network security startup,   

    Network Security Startup Cato Networks Raises $30M 

    catonetworksSeptember 13, 2015 | Israeli network security startup Cato Networks has raised $30 million in a series B funding round. The financing was led by Greylock Partners with participation from Singtel Innov8 and existing investors U.S. Venture Partners (USVP), Aspect Ventures and the company’s founders, Shlomo Kramer and Gur Shatz. The funding will allow Cato Networks to offer its cloud-based network security as a service solution, the Cato Cloud, to the global market, bringing the cloud’s transformative power to networking and security. Today’s financing is the Tel Aviv-based company’s second after closing a $20 million series A round in June 2015, shortly after it was founded.

  • NoCamels 3:45 pm on September 13, 2016 Permalink
    Tags: Claroty, , protection platform for industrial networks   

    Cyber Security Startup Claroty Raises $32M 

    calaroty2September 13, 2016 | Israeli cyber security company Claroty has come out of stealth mode and announced it has completed a financing round of $32 million. The startup also announced that it is launching its protection platform for industrial networks. Established in 2014 as part of Israeli cyber security foundry Team8, Claroty’s backers include Bessemer Venture Partners, Eric Schmidt’s Innovation Endeavors, Marker, ICV, Red Dot Capital Partners, and Mitsui & Co., Ltd. The company enters the market as the most substantially funded cyber security startup focused on protecting industrial control systems, and with one of the deepest teams in OT security from organizations including Siemens, IBM, Waterfall Security, Palo Alto, iSIGHT Partners (FireEye), ICS2, and Industrial Defender. With offices in Tel Aviv and New York, Claroty was founded by CEO Amir Zilberstein, chief business development officer Galina Antova, and CTO Benny Porat.

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