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  • mayay 12:41 pm on July 23, 2014 Permalink
    Tags: , former new york governor eliot spitzer, , israel, john nakamura, , roni michaely, round a, stock analysts, , ,   

    TipRanks Stock Analyst Ranking Service Raises $3M 

    TipRanks Wins Best Of Show At Finovate New YorkJuly 23, 2014 | TipRanks, a stock analyst ranking company, closed Round A funding after raising $3 million. The investors in the company include former New York State Governor Eliot Spitzer, Cornell professor Roni Michaely and angel investor John Nakamura, among others. TipRanks ranks over 6,500 stock analysts and bloggers according to their rate of success with financial advice, average returns and consistency. The company employs machine learning techniques and natural language processing algorithms to scan the Internet and measure the performance of anyone who gives investment advice online. TipRanks was founded in 2012 by CEO Uri Gruenbaum and CTO Gilad Gad with $700,000 in seed money after realizing that there are not enough public information for investors on the track records of advisers and experts who provide financial advice online.

     
  • mayay 12:37 pm on July 22, 2014 Permalink
    Tags: asian expansion, , cloud-based software development, , israel, SAIF partners, , supersonic software, , ,   

    SuperSonic Software Raises $15M To Begin Asian Expansion 

    supersonicJuly 22, 2014 | SuperSonic Software announced the close of its second round of funding at $15 million. The top investor in this round is one of China’s largest venture capital firms, SAIF Partners, as well as Greylock, bringing total investment in the company to $23.2 million since the company was founded in 2009. SuperSonic’s main product is a cloud-based software development kit enabling mobile application developers to include advanced features like streaming interactive advertisements in their applications. As SuperSonic CEO and co-founder Gil Shoham told VentureBeat, “We have identified several interesting opportunities that … will significantly improve user acquisition effectiveness and ROI.”

     
  • mayay 1:05 pm on July 17, 2014 Permalink
    Tags: 360, employees, , ireland, israel, ,   

    Intel Announces The Transfer Of 360 Israel Employees To Ireland 

    intel-logoJuly 17, 2014 | Intel announced that it will transfer 360 of its employees in Israel to Ireland for the period of 12-24 months. According to a “Globes” report, Intel originally planned to send only 60 Israelis to help the beginning of operations at the Dublin plant. The Israeli employees will relocated to Dublin together with their families. Intel is one of the pioneers in the Israeli high-tech sector, training future engineers and significantly contributing to the local Israeli economy.

     
  • mayay 5:39 pm on July 15, 2014 Permalink
    Tags: , equity, , israel, jon medved, , , , ,   

    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.

     
  • mayay 2:47 pm on July 15, 2014 Permalink
    Tags: , , , israel, , networks, , ,   

    Aorato Identifies ‘Highly Sensitive’ Security Flaw In Microsoft’s Active Directory 

    Cyber Security Startup Aorato Emerges from Stealth Mode And Announces $10M In FundingJuly 15, 2014 | Israeli cyber security firm Aorato announced the discovery of a critical design flaw in Microsoft’s Active Directory. The Microsoft software is widely used to provide network access, but the company asserts that the design flaw is known and that there are defenses in place to prevent identity fraud. Aorato discovered that passwords could potentially be changed by hackers due to bugs in Active Directory. “The dire consequences we are discussing–that an attacker can change the password–was definitely not known,” stated Tal Be’ery, Vice President of Research at Aorato. In addition, Aorato noted that about 95 percent of Fortune 500 companies use Active Directory making the problem “highly sensitive.” Aorato is an Israeli company specializing in Microsoft technologies with intimate knowledge of Active Directory from a cyber security perspective.

     
  • mayay 12:49 pm on July 15, 2014 Permalink
    Tags: animation, israel, lux partners, ohad rozen, , , , toonimo, web cartoon character,   

    Toonimo Web Cartoon Character Creator Raises $2.5M 

    toonimoJuly 15, 2014 | Israeli company Toonimo announced that it raised $2.5 million in funding. Toonimo offers animation services to websites and companies that want to instruct their visitors using a cartoon character that can guide them through the site and answer questions. Companies can customize the cartoon character they want on their site, decide when they should appear on the site, and decide upon their script. The entire cartoon character is contained in one line of code provided by Toonimo to its clients. The funding round was led by Tuvia Barak of Lux Partners. Toonimo was founded by CEO Ohad Rozen, the founder of Wilocity, which was recently acquired by Qualcomm, and CTO Dan Kotlicki.

     
  • mayay 12:23 pm on July 15, 2014 Permalink
    Tags: , , cloudcom, israel, magentrix, representative, ,   

    CloudCom Becomes The Sole Israeli Representative Of Magentrix 

    cloudcomJuly 15, 2014 | Magentrix, a Canadian company specializing in self service portals for organizations and companies, announced that CloudCom will be its sole representative in Israel. The move strengthens CloudCom’s position in the market as the company by providing cloud storage solutions such as Zendesk and Box. CloudCom was founded by Israeli David Alush and is based in Ra’anana, Israel.

     
  • mayay 2:19 pm on July 9, 2014 Permalink
    Tags: ceva, , dsp, french, , israel, rivierawaves, smarphones,   

    Ceva Acquires French Company RivieraWaves For $19M 

    cevaJuly 9, 2014 | DSP solutions provider Ceva acquired French company RivieraWaves for $19 million. RivieraWaves is a privately-held company that creates solutions for wireless connectivity IP for WiFi and Bluetooth technologies. Ceva hopes that RivieraWaves will expand the company’s licensing and royalty revenue base tby improving the service of devices like smartphones, tablets and small cells. The acquisition will also allow Ceva to extend its domain into the sectors of wearable technology and Internet of Things devices in the home and car. According to ABI research, Ceva’s addressable market is set to reach 35 billion connected devices by 2020.

    Ceva was founded in Israel but is headquartered in Mountain View, California with design centers in Israel, Ireland and sale and support offices in Europe, the United States and Asia.

     

     

     
  • mayay 1:55 pm on July 9, 2014 Permalink
    Tags: american company, egistics, imaging solutions, israel, top image systems   

    Top Image Systems Acquires American Comany eGistics For $18M 

    Israeli Top Image Selected To Automate Japanese Lab ReportingJuly 9, 2014 | Top Image Systems acquired the American cloud-based data and document management solutions company eGistics for $18 million. According to the agreement between the two companies, Top Image Systems will pay half of the sum in cash and half in company shares. eGistics, based in Dallas, Texas, provides advanced image and data solutions that enable businesses to streamline storage, management and the delivery of information.

    Top Image Systems specializes in Enterprise Content Management (ECM), Business Process Management (BPM) solutions and is a Mobile Imaging Platform (MIP) provider. The company was founded in 1991 by Executive Chairman Izhak Nakar and is currently publicly traded on NASDAQ and the TSE.

     
  • mayay 12:52 pm on July 8, 2014 Permalink
    Tags: camtek, israel, metrology, rafi amit, semiconductor inspector, , tel aviv stock exchange   

    Camtek’s Stock Spikes In Anticipation Of Eagle Semiconductor Inspector Release 

    Camtek Receives $4M In OrdersJuly 8, 2014 | The share price of Camtek rose by more than 22 percent on the Tel Aviv Stock Exchange yesterday (Monday) in anticipation of the launch of the company’s newest semiconductor inspection and metrology platform. The company will launch the Eagle semiconductor inspection and metrology platform today at the Semicon West tradeshow in San Francisco. Headed by CEO and Chairman Rafi Amit, Camtek provides automated solutions to enhance production processes in the industries of semiconductor fabrication and packaging and in the printed circuit board and IC substrates industry (nanotechnology).

     
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