JethroData, an Israeli company which develops tools for big data analytics, has announced that it has raised $4.5 million. The financing round was led by Pitango Venture Capital. JethroData was founded in 2012 and this is the company’s first financing round.
After creating a buzz by reporting 1.5 billion daily recommendations, Israeli company Taboola has announced that it has raised $15 million, in a financing round led by Pitango Venture Capital. Taboola says that the funds will be directed towards doubling their staff and opening new offices in countries they wish to expand to.
Chinese electric technology manufacturer Qixing, from the province of Shandong, will invest $30 million in Israeli VC Pitango‘s fund, Pitango 6. Financial magazine “Calcalist” reports that the investment will go towards Pitango’s goal of raising $200-250 million for its latest fund.
Magenta Medical, an Israeli company which develops innovative hear failure treatments, has raised $4 million, in a financing round led by Pitango Ventures. The investment by Pitango, who has invested in tech companies LiveU and Skycure, is the first in the field of life sciences.
Israeli company Skycure, which develops firewalls for mobile devices, has raised $3 million from Pitango Venture Capital on its seed financing round. The company is developing a mobile firewall that protects against security threats without compromising usability, privacy or battery life.
EarlySense Ltd., an Israeli-U.S. developer of patient monitoring systems, raised $15 million in a financing round led by Israeli fund Pitango Venture Capital. Reuters reports that EarlySense plans to use the financing to accelerate sales, further develop its patient monitoring systems and to expand clinical research.
Israeli venture capital firm Pitango has announced that it has raised $150 million first closing for its sixth fund, Pitango VI. The key to the announcement, made on Sunday, was the commitment made by a main investor, which allows the company to pursue its aim of raising an overall fund of $250 million.
Grocery comparison shopping site mySupermarket has raised $10 million in a funding round led by global advertising group WPP Digital. WPP made an investment of $7 million and the rest was secured from existing investors Greylock and Pitango. The company, founded in 2006, has offices in Tel Aviv, London, New York and Tokyo.