StartupIsrael News:
uTest raised 5M$
Submitted by ron on December 4, 2008 - 06:30.uTest just announced it raised 5M$, from Longworth Venture Partners and Egan-Managed Capital.
uTest is a community of testers in a Software-as-a-Service (Saas) module, focusing on Web apps, desktop and mobile applications.
Taboola raised 4.5M$ in Round B, led by Evergreen
Submitted by ron on November 19, 2008 - 05:48.Taboola just raised 4.5M$ in their second round, led by Evergreen. Taboola analyzes videos, and then recommends related videos to the users.
Via Globes (hebrew)
EyeView gets money from LGILab and Gigi Levi (from 888)
Submitted by ron on November 18, 2008 - 08:36.EyeView, who's into making videos to improve conversions in sites, just raised money from LGILab and Gigi Levi (from 888.com).
Practical Fundraising Workshop 25/11
Submitted by gil on November 15, 2008 - 11:57.If you're looking for funds for your startup, you may be interested in this workshop which will take place in 25/11, in cooperation with Giza VC, LabOne incubator and Termiks- entrepreneurship center.
The workshop is designed for a small group of entrepreneurs and combines information and real-life practice.
Delver laid off 5 employees (out of 25)
Submitted by ron on October 28, 2008 - 10:36.Okay, it seems like the cuts are beginning. Delver has just laid-off 20% of their workforce (5 employees out of 25). Delver is into 'Social-Search'. They claim that this happened because of the low dollar (against the shekel) and not because of the world crisis, although that didn't help as well.
Yoomba laid-off 17 out of 23 employees in Israel
Submitted by ron on October 28, 2008 - 10:31.Yoomba has just laid off 75% of its Israeli work-force: 17 out of 23 employees. They say that the US activity will not be hurt. Yoomba has raised several million dollars from leading VCs, and are 'not worried about the future of the company'...
Modular Patterns got 100K$ from Yossi Vardi
Submitted by ron on October 28, 2008 - 06:35.Modular Patterns is a new startup (the founders are the ones behind Joongel). They have raised 100K$ seed from Yossi Vardi. They want to do something with collaborative-web apps, but we do not know more.
Omniture Acquires Mercado
Submitted by startup on October 15, 2008 - 04:20.Mercado was closed just like week, and now we learn that Omniture Acquires Mercado (or some of its assets, anyway) - reportedly for 6.5M$. 70M$ were invested in Mercado over the years, and Omniture is excited at the low-cost purchase...
My Things raised 5M$
Submitted by startup on October 14, 2008 - 04:55.My Things has raised 5M$, from Dotcorp Asset Management and GP Bullhound Sidecar. My Things is a web platform to handle "all the things you've got" - for companies and persons. It allows you to save warranty data, orders from companies, etc.
Wix raised 3.5M$
Submitted by startup on October 14, 2008 - 04:55.Wix just announced a 3.5M$ funding round from Mangrove Venture Capital and Bessemer Ventures. Wix allows users to easily create flash-based web pages, and plans to charge a small monthly fee to give an ad-free version.