Israel Venture Capital News

Akamai to Acquire Cotendo

December 22, 2011

CAMBRIDGE, MA and SUNNYVALE, CA – December 22, 2011 – Akamai Technologies, Inc. (NASDAQ: AKAM) and Cotendo announced today that the two companies have signed a definitive agreement for Akamai to acquire Cotendo.

Helping to mitigate the challenges of operating in a hyperconne… Read more →

Innovid announces $9.5M series B financing led by Sequoia Capital

August 30, 2011

NEW YORK, NY Aug 30, 2011 Innovid, the leading provider of Interactive video advertising solutions today announced a $9.5 million round of funding led by Sequoia Capital, with participation from existing investors Genesis Partners and T-Venture (Deutsche Telecom). The new fund… Read more →

Personetics Secures A Funding Round

May 23, 2011

NEW YORK, NY – May 23, 2011 – Personetics, a provider of next-generation customer interactions technology for the Financial Services industry, today announced the completion of $6.5M fund raising from Carmel Ventures and Sequoia Capital. Following the investment, Avi Zeevi o… Read more →

Onavo Secures $3 Million Financing Round from Magma Venture Partners and Sequoia Capital

May 17, 2011

Onavo, providers of mobile data management apps for smartphones and tablets that stretch data plans and save money, today announced it has selected Sequoia Capital and Magma Venture Partners to participate in its round of Series A financing of $3 million. Onavo’s first app, launch… Read more →

Snaptu to be Acquired by Facebook

March 21, 2011

(Snaptu Blog) The Snaptu team is excited to announce today that we recently agreed to be acquired by Facebook.

Our goal when we founded Snaptu in 2007 was to provide useful and innovative services to the 95 percent of mobile users that don’t have acces… Read more →

Broadcom to Acquire Provigent

March 21, 2011

IRVINE, Calif., March 21, 2011 /PRNewswire/ – Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Provigent, a privately-held… Read more →

3M to Acquire Attenti Holdings S.A.

August 31, 2010

ST. PAUL, Minn. & TEL AVIV, Israel (BUSINESS WIRE) 3M announced today it has entered into a definitive agreement to acquire Attenti Holdings S.A from an investor group led by Francisco Partners along with Sequoia Capital, for a purchase price of $230 mil… Read more →

IBM Acquires Storage Company Storwize for Data Compression Capabilities

July 29, 2010

ARMONK, N.Y. — IBM said Thursday it agreed to buy privately held data-compression company Storwize for an undisclosed sum.

Storwize, based in Marlborough, Mass., provides technology that can reduce the amount of physical space that companies need to … Read more →

CDN Cotendo Raises $12M for Dynamic Site Acceleration

May 04, 2010

By RYAN LAWLER of GigaOm
Published: May 4, 2010

Cotendo (www.cotendo.com) has raised a $12 million Series C financing round to bolster its growing business for dynamic site acceleration and small object delivery. The funding … Read more →

Sequoia Capital Backs Snaptu

March 15, 2010

Snaptu (f.k.a. Moblica), a leading mobile application company, today announced it has secured funding from Sequoia Capital.

Snaptu’s unique mobile service incorporates a suite of popular social networking, news, informational a… Read more →