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  • NoCamels 12:33 pm on May 4, 2016 Permalink
    Tags: , , investment, , , ,   

    Israeli Startup eyeSight Raises $20M 

    eyeSight - News Flash - IsraelMay 4, 2016 | Israeli gesture recognition company eyesight Technologies has raised $20 million from Shenzhen-based technology group Kuang-Chi. This is the first Israeli investment by the new $300 million technology investment fund announced by Kuang-Chi earlier this week. Part of the investment reportedly will be used to fund joint initiatives in Hong Kong and China. eyeSight is developing touch-free interfaces for digital devices, such as televisions, tablets, and smartphones. The software does not require special hardware, but uses a smartphone or network camera and the company’s eyeCan technology is used by the Windows user interface. Based in Herzliya, the company was founded in 2005 by CTO Itay Katz.

  • Anouk Lorie 1:33 pm on August 19, 2014 Permalink
    Tags: , data center security solutions, guardicore data center security, guardicore israel, investment, , scott tobin,   

    GuardiCore Cyber Security Company Raises $11M 

    guardicoreAugust 19, 2014 | Israeli cyber security company GuardiCore announced that it closed a $11 million financing round led by Battery Ventures, with participation from Greylock Partners and other strategic investors. In addition to the investment, Battery Venture’s general partner Scott Tobin will join GuardiCore’s board. The company plans to use the investment to expand and develop its product and to sell its cyber security technology on a wider scale. GuardiCore’s product tracks and eliminates intruders inside data center networks. GuardiCore was founded in 2013 and is based out of Tel Aviv.

  • Anouk Lorie 3:29 pm on August 6, 2014 Permalink
    Tags: $30 million, cloud-based software, investment, , , ott content revolution, , , , trellas, , ukraine,   

    Trellas Invests Over $30 Million In Vidmind Group 

    vidmind_logoAugust 6, 2014 | Trellas, one of Russia’s biggest independent retail groups, invested over $30 million in Vidmind, a cloud-based software suite and set-top box. Trellas has over 3,200 stores throughout Russia and the investment comes in an effort to become a global leader in the OTT (over-the-top) content revolution. TVzor, Trellas’ OTT Pay TV Service, uses Vidmind’s cloud-based, hybrid OTT/DTT platform as the foundation for a new primary TV service in Russia. “Our goal is to lead the TV revolution by ‘going virtual’ – that is to say, leveraging the open Internet and free-to-air TV to provide a primary TV service,” said Maxim Nogotkov, founder and majority shareholder of Trellas. Vidmind is an Israel-based company with offices in Tel Aviv and Lviv, Ukraine. The company itself is a subsidiary of Trellas as the later was an initial investor when Vidmind was founded in 2012.

  • Anouk Lorie 5:39 pm on July 15, 2014 Permalink
    Tags: , equity, investment, , , , , , ,   

    OurCrowd Raises $60M In Equity For 46 Companies In 16 Months 

    OurCrowd Raises $25M In Series B FundingJuly 15, 2014 | OurCrowd, the Israeli venture capital crowdfunding platform, announced that it has raised $60 million in equity for 46 companies since its founding. Twenty of those companies raised more than $1 million each in investments, and four companies raised well over $3 million using the OurCrowd platform. OurCrowd’s roster of supported companies includes ReWalk, Consumer Physics (the creators of SCiO), BioCatch and Abe’s Market. CEO of OurCrowd Jon Medved stated, “We are proud to have raised these amounts in just 16 months since launching. These numbers demonstrate that our model works and can be effectively used for major funding rounds. The fact that OurCrowd has deployed more money for our companies than our Silicon Valley competitors proves that we are indeed at the forefront of equity crowdfunding innovation.” OurCrowd is a hybrid VC-equity crowdfunding platform for accredited investors who wish to invest in Israel and global early stage companies.

  • Anouk Lorie 12:25 pm on July 8, 2014 Permalink
    Tags: bayer healthcare, , , , immunotherapy, investment, ,   

    Compugen Receives First $1.2 Milestone Payment From Bayer HealthCare 

    Compugen Signs $500M Agreement With BayerJuly 8, 2014 | After signing a $500 million agreement with pharmaceutical company Bayer HealthCare last year, Compugen announced that it received its first payment of $1.2 million for reaching a cancer immunotherapy milestone. The $1.2 million is only a fraction of the nearly $30 million in milestone payments that Comupgen is set to receive from Bayer. The collaboration between Compugen and Bayer is aimed at developing and commercializing therapeutic antibodies originally discovered by Compugen.

    Compugen was founded in 1993 by Eli Mintz, Simchon Faigler, and Amir Natan as a drug discovery company, but also engages in the development and marketing of bioinformatics software platforms.

  • Anouk Lorie 11:58 am on July 8, 2014 Permalink
    Tags: , , , investment, israel-america, projects,   

    BIRD Foundation Invests $9M In 11 New Israeli-American Cooperative Projects 

    BIRD1July 8, 2014 | The Israel-US Binational Industrial R&D Foundation (BIRD) announced that it will invest up to $9 million in 11 new projects in the areas of 3D printing, agro-technology, information security, and homeland security, among others. During a meeting of the BIRD Board of Governors $8.9 million in funding was approved for 11 new cooperative projects between American and Israeli companies. The companies will also be able to receive private sector funding, putting the total value of all of the projects at about $25 million. Some of the cooperative projects include those between ColorChip, based in Yokne’am, and Gigoptix, based in San Jose, as well as between Genome Compiler and Amyris, Stratasys and Graphene Technologies. The BIRD Foundation looks to promote collaboration between Israeli and American companies in various technological fields for the purpose of joint product development.

  • Anouk Lorie 12:32 pm on June 30, 2014 Permalink | Reply
    Tags: chronic diseases, , , , investment,   

    Price Of Medigus Shares Jump Following $11M Investment 

    Diagnostic Tools Company Medigus Raises $8MJune 30, 2014 | Medigus announced the signing of a private equity placement agreement for $11.1 million, including shares and warrants. Half of the amount was raised by Migdal Insurance and Financial Holdings, and the rest by US institutional investors like Sabby Management, Armistice Capital, Senvest as well as returning investor Orbimed. Following the announcement of the investment, Medigus’ shares jumped 12.5 percent, to NIS 51.40 a pop. The proceeds from the investment spike will be used as working capital and for general management. Medigus has developed minimally invasive endoscopic devices for the treatment of GERD, one of the most common chronic diseases in the western world.

  • Anouk Lorie 12:57 pm on June 24, 2014 Permalink | Reply
    Tags: audio, hearmeout, investment, social app, sound recording,   

    Audio Status Social Network HearMeOut Raises $500K 

    hearmeoutJune 24, 2014 | The Israeli audio status social network HearMeOut reported that it raised $500,000 in private investments. The social network hopes to use the new funds to expand its service internationally, to the United States in particular. HearMeOut allows its users to record 42 second statuses, similar to tweets or short Facebook statuses, for all their friends and followers to hear. The application was launched for iOS three months ago and is anticipated to launch on Google Play soon.

  • Anouk Lorie 12:26 pm on June 19, 2014 Permalink | Reply
    Tags: , investment, lexifone, , phone calls,   

    Lexifone Call Translation Service Raises $2M 

    lexifoneJune 19, 2014 | The automated phone conversation translator Lexifone announced that it raised $2 million from a New York State owned fund, Israel’s Office of the Chief Scientist and private investors. According to a “Globes” report, the Office of the Chief Scientist granted the company NIS 3.5 million for the development of their translation product. Lexifone’s technology allows two people speaking different languages to have a phone conversation, directly translating the conversation into the user’s language of choice. The service is able to translate to English, Spanish, Portuguese, German, French, Italian, Russian and Hebrew. The company was founded in 2010 by CEO Ike Sagie.

  • Anouk Lorie 12:18 pm on June 19, 2014 Permalink | Reply
    Tags: , , , investment,   

    Zerto Disaster Recovery Company Raises $26M 

    Cloud-Based Disaster Recovery Company Zerto Raises $13MJune 19, 2014 | The Israeli disaster recovery company Zerto raised $26 million in series D financing, “Globes” reports. The latest financing round was led by Harmony Partners that was joined by investors Battery Ventures, Greylock Partners, RTP Ventures and US Venture Partners. The company hopes to use the funds to develop its new Cloud Fabric initiative that allows for workload mobility in hybrid clouds and to maintain its independence. Since Zerto was founded in 2009 by CEO Ziv Kedem, it has raised over $60 million including the current financing round, and has opened offices in Herzliya Pituach, Boston, Reading, UK and Australia.

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