Israel Venture Capital News

Motorola Completes Acquisition of BitBand

February 19, 2010

SCHAUMBURG, Ill. 19 February 2010 — Motorola, Inc. (NYSE: MOT) today announced that it completed the previously announced acquisition of BitBand, a leading provider of content management and delivery systems, specializing in video on demand for IPTV. Terms of the transaction were not disclosed…. Read more →

Telefonica Acquires IP Communications Leader Jajah

December 23, 2009

London, 23 December 2009 Telefonica today announced the acquisition of the leading communications innovator JAJAH for the value of €145 million in an all-cash transaction. The agreement is subject to formal clearance by CNC, the Spanish competition authority.

The purchase of JAJAH – based in… Read more →

CloudShare Lands Series B Funding from Sequoia Capital

December 11, 2009

CloudShare, formerly IT Structures, today announced it has received $10M in series B financing from Sequoia Capital, Gemini Capital, and Charles River Ventures (CRV). The company plans to use the investment to fund product development and expand its go-to-market capabilities.

CloudShare, a Men… Read more →

Cotendo Raises $7 Million from Sequoia Capital and Benchmark Capital

March 11, 2009

Cotendo, a content delivery network and innovator of software-focused CDN technologies, today announced that the company has raised $7 million in Series B financing from Sequoia Capital and Benchmark Capital. The new financing round, which follows initial funding by Sequoia Capital in January 200… Read more →

Pontis Secures $19.65 Million in Equity Financing

February 10, 2009

Pontis Ltd, a developer of software marketing systems for Communication Service Providers (CSPs), today announced that it has secured a total of $19,650,000 in equity financing. Norwest Venture Partners (NVP) led the funding round, which included investments from current shareholders Sequoia Capi… Read more →

Provigent Continues to Accelerate Growth

December 22, 2008

SANTA CLARA, CA – Provigent, the leading provider of System-on-a-Chip (SoC) solutions for the Broadband Wireless Transmission market, announced today that it has closed a fifth-round of financing in the amount of $10 million. Lightspeed Venture Partners led this round of funding with a $10 millio… Read more →

Red Hat Advances Virtualization Leadership with Qumranet, Inc. Acquisition

September 04, 2008

Raleigh, NC – September 4, 2008 – Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced the acquisition of Qumranet, Inc. The acquisition includes Qumranet’s virtualization solutions, including its KVM (Kernel Virtual Machine) platform and SolidICE offe… Read more →

Correlix Ltd. Raises Additional $8 Million in Financing Round Led by Sequoia Capital

September 02, 2008

NEW YORK, Sept. 2 /PRNewswire/ — Correlix Ltd.
(http://www.correlix.com/), a leader in Latency Intelligence™ solutions
that monitor and analyze trading execution and market-data flows in real
time, today announced the closing of an $8 million Series B financing round
led by Sequoia Capita… Read more →

Amobee Media Systems Raises Additional Equity Capital

August 06, 2008

Amobee Media Systems, the world leader in advertising solutions for mobile operators, today announced that Motorola, Inc. (NYSE: MOT) and Cisco Systems have made strategic investments in the company. These market leaders join the company’s existing investors who also participated in this round —… Read more →

Storwize Secures $19 Million in New Funding Round

April 09, 2008

SAN JOSE, Calif., April 9, 2008 – Storwize Inc., the leader in primary storage data compression solutions, today announced it has successfully closed $19 million in funding from new investors, venture capital firms Bessemer Venture Partners and Lehman Brothers Venture Partners, as well as the Ser… Read more →