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Israeli Data Storage Co Infinidat Raises $95M

The Herzliya based petabyte-scale data storage solutions company has raised $325 million since it was founded in 2011 and has a $1.6 billion valuation. As reported in Globes: Israeli petabyte-scale data storage solutions company Infinidat has closed a $95 million Series C financing round at a company valuation of $1.6 billion. The round was led by Goldman […]

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Media Darling ‘Playbuzz,’ Used By AOL, Fox, NBC, Raises $35M

Israeli startup Playbuzz, which operates a popular platform for interactive content, has raised $35 million in a Series C funding round, led by Viola Growth, with participation from existing investors such as media giants Disney and Saban Ventures. The round brings the company’s capital to a total of $66 million. Source: NoCamels: Playbuzz will use the […]

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SAP Buys Israel’s Gigya For Reported $350M

Gigya’s customer identity management platform currently helps companies build digital relationships with some 1.3 billion consumers. As reported in Israel21C: Gigya, whose customer identity management platform helps companies build digital relationships with some 1.3 billion consumers, has entered into an agreement to be acquired by software giant SAP. The company did not disclose the price […]

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Why Israeli Startups Lead The Way On The Booming InsurTech Industry

Israel is at the forefront of the burgeoning industry of insurance technologies (InsurTech) – including machine learning, cyber-security, and big-data analytics.  Source: NoCamels: With strengths in areas such as FinTech and cyber security, Israel has become a leading player in InsurTech. Of the 15 most funded InsurTech companies in 2017 globally, five are Israeli or have […]

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Industrial Drone Co Airobotics Raises $32.5m

The Petah Tikva based company is expanding operations in industrial facilities such as mine sites, refineries, seaports, oil and gas facilities and more. As reported in Globes: Israeli industrial drone developer Airobotics announced today the closing of a $32.5 million financing round led by BlueRun Ventures China, as well as Microsoft Ventures, OurCrowd.com and another strategic investor. […]

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Israeli Car Sensor Co Innoviz Raises $65m

The Kfar Saba based company also announced today that its groundbreaking LiDAR solution has moved into mass production. As reported in Globes: Israeli car sensor company Innoviz Technologies has raised $65 million in a Series B financing round. Strategic partners and tier 1 suppliers Delphi Automotive PLC and Magna International participated in the round, along with additional […]

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Is DIY Startup AppsVillage The Next Wix?

AppsVillage wants to do for apps what Wix.com did for websites: make them easier and cheaper to create As published in The Times of Israel: As our cellphones become an extension of our arms and are an integral part of our daily lives, so has the use of mobile apps grown: we have apps to […]

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Israeli-founded Kite Pharma To Be Acquired For 11.9B

Pharmaceutical company Gilead Sciences Inc. has announced that it will acquire Kite Pharma Inc., developer of personalized cancer treatment drugs, at a company value of $11.9 billion. Part of the technology was developed at the Weizmann Institute. As reported in Globes: This is one of the biggest ever acquisitions of a company whose products have not […]

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Vista Equity Partners buys Israeli co Applause

The digital testing company, which has raised $115 million, was acquired for several hundred million dollars. Original article from Globes: US investment fun Vista Equity Partners has entered into a definitive agreement to acquire Israeli digital testing company Applause. Applause has raised $115 million to date from investors including Accenture, Credit Suisse, Egan-Managed Capital, Goldman Sachs, Longworth […]

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Israeli Big Data Co Redis Labs Raises $44M

Goldman Sachs led the round in the database management system developer, which has raised $86 million since it was founded in 2011. As reported in Globes: Israeli big data company Redis Labs announced that it has raised $44 million in a Series D financing round led by new investor Goldman Sachs Private Capital Investing and existing investors […]