Former English FA general secretary Alex Horne is helping FanZone expand operations. As reported in Globes: Israeli startup FanZone, which provides a social networking platform for sports and music fans, has raised $5 million in a Series A financing round. The financing was led by Olive Tree Capital Ventures. The company was founded in 2014 […]
Category: Latest News Israel
Israeli cyber security company Checkmarx has raised $84 million in funding from New York-based venture capital firm Insight Venture Partners, which will help it accelerate growth and expand globally, it said on Thursday. Founded in 2006, Checkmarx tests software as it is being created, automatically scanning for security vulnerabilities early in the web and mobile […]
The Acquisition marks seventh completed by Frutarom so far this year. Frutarom Industries Ltd. has signed an agreement to acquire Taura Natural Ingredients Holding Ltd. for approximately $70 million. Taura is an Australian company founded in 1973 as part of a New Zealand agricultural co-operative. Today, Taura has evolved into a leader in concentrated and […]
Tel Aviv based IdMlogic develops intelligent identity management applications. As reported in Globes: Software giant CA Technologies has acquired Israeli company IdMlogic. Both companies have confirmed the acquisition but have not disclosed financial details. Market sources estimate the acquisition was for $20 million. IdMlogic, which has been operating under the radar for several years, develops […]
IVC believes that half of the funds that raise money by the end of the year will have at least one Chinese investor. As reported in Globes: Chinese investors continue to show growing interest in Israeli high tech. According to IVC Research Center, Chinese investors will invest an estimated half a billion dollars in Israeli […]
ARM may make the company, which develops mobile and flash memory security solutions, into its Israel development center. As reported in Globes: Chip giant ARM is in advanced negotiations to acquire Israeli company Sansa Security (formerly Discretix Technologies), located in Kfar Netter. The price is estimated at $75-85 million. The Israeli company has developed security […]
With offices in Petah Tikva, ConteXtream has developed carrier-grade network virtualization solutions. As reported in Globes: HP has acquired ConteXtream, which develops carrier-grade network virtualization solutions. No financial details about the deal were disclosed but markets sources believe the acquisition was for several tens of millions of dollars. ConteXtream was co-founded in 2006 in Israel […]
The Ramat Gan based energy savings solution company has raised $22.5 million from Berkshire Hathaway and GE Ventures. As reported in Globes: Israeli energy savings solutions company eVolution Networks today announced that it has raised $22.5 million from Warren Buffett’s Berkshire Hathaway Energy subsidiary IES Holding, and GE Ventures. With the funding, eVolution Networks, which […]
According to a report released recently by IVC Research Center, 166 Israeli startup companies raised a whopping $994 million from venture capital firms in the first quarter of 2015, the second-best result in the last decade. Even more telling, this figure was 48 percent higher than the $673 million raised by 160 companies in the first quarter of […]
Mukesh Ambani’s Reliance Industries has hosted Israeli companies including SimilarWeb and Perion. As reported in Globes: One month after “Bloomberg” revealed that Mukesh Ambani, the richest man in India, was considering investments in startups in Israel, as well as in the UK and US, things appear to be moving rather quickly. Sources inform “Globes” that […]
