Israeli startups raised $910 million through acquisitions and funding rounds in a seven-day period in January 2015. Acquisitions and funding rounds are de rigueur for the Israeli startup arena but even veterans and VC experts were astounded to see blue-and-white tech ring up over $900 million in a seven-day spread last week. Amazon’s purchase of Annapurna […]
Thanks to a string of big exits over the past year, Israel’s technology companies are moving the country from a startup nation to an exit nation. With nearly $15 billion in exits through mergers and acquisitions and public offerings, 2014 was an all-time record year for the Israeli hi-tech industry, compared with a mere $1.2 […]
After funding start-up Rounds last week, the Korean firm announces $10 million for EarlySense Korean tech giant Samsung will invest $10 million in Israel patient monitoring firm EarlySense, part of a $20 million financing round. “EarlySense has developed and brought to market a unique, breakthrough technology that will improve the lives of consumers through health […]
‘The Economist’ highlights Israel’s high-density of startups in its daily look at the innovations transforming global business. The Economist, a leading source analysis on international business, recently created an infographic highlighting Israel’s startup ecosystem. The weekly magazine headlined it: “Move over, Silicon Valley. Here comes Tel Aviv.” Read more at Israel 21C.
Dropbox has acquired CloudOn, a startup based in Israel that offers a service for creating and editing documents on mobile devices. “Our companies share similar values, are committed to helping people work better, and together we can make an even greater impact,” reads a message from CloudOn’s founders, posted to the company’s website. According to […]
(Reuters) – Israeli technology firms catering to the country’s disabled war veterans are exploring ways to bring their innovations to the mass market with applications that make mobile phones easier to use. Israel, with its thriving start-up scene and large number of military veterans, is a natural incubator of technology for the disabled, some of […]