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Finance
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Israel
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Venture Capital
Video over WiMAX co LiveU raises $9m
Video over WiMAX start-up LiveU Ltd. has raised $9 million from Carmel Ventures and Canaan Partners. LiveU promises live content to be broadcast anywhere and at anytime. In the same way that cellular technology made phone communications really mobile, LiveU will make live video really mobile.
Jun 2, 2008, 14:22
Finance
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Israel
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Venture Capital
ID-U Biometrics Ltd. wins "Globes"-IVA start-up competition
ID-U Biometrics Ltd. has won the 2008 "Globes"-IVA start-up competition. The company will go on to participate in the upcoming DEMO Europe's launch venue for new products, technologies and companies which will take place in Germany in October. It will also be a contender for the "Red Herring" Top 100 European companies.
May 21, 2008, 13:34
Finance
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Israel
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Venture Capital
Enterprise software start-up Metiis raises $8m
Sources inform ''Globes'' that enterprise software start-up Metiis Technologies Ltd. has raised $8 million from Greylock Partners and Carmel Ventures. Based in Haifa, the company is operating under a veil of secrecy. It is apparently developing a revolutionary product for the management of desktop and laptop computers at enterprises. Metiss was founded six months by CTO Dr. Israel Ben-Shaul and CEO Dr. Ilan Kessler, who previously founded Actona, which was sold to Cisco Systems Inc. for $100 million in June 2004. Both men went on to work for Cisco Israel. Actona's acquisition was the first exit after the dot.com bubble burst and a sign that the high-tech crisis was ending.
May 19, 2008, 13:01
Finance
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Israel
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Venture Capital
Genesis named top VC fund
For the first time in Israel, "Globes" has rated the best venture capital fund for 2008. "Globes" sought to check a soft point of the industry: the relationship between venture capital and its target audience - the entrepreneur. The "Globes" ranking found that Genesis Partners is considered the best venture capital fund in 2008, and that Carmel Ventures founder and general partner Shlomo Dovrat is considered the best and most respected partner.
May 15, 2008, 14:33
Finance
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Israel
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Venture Capital
12 start-ups - one winner
12 Israeli start-ups have been short-listed for the upcoming Israel Venture Association (IVA) competition, at the annual IVA Conference held in cooperation with "Globes." The winner will automatically go forward to the annual DEMO conference, Europe's launch venue for new products, technologies and companies which will take place in Germany in October. This year's IVA event will adopt a different format that will require all the start-ups competing to update their presentations.
May 12, 2008, 13:42
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