Communications News

Smartphone support platform co CommuniTake raises $1.05m

Thursday, September 16th, 2010

by Globes correspondent

Israeli start up CommuniTake has raised $1.05 million. $750,000 was raised in a Round A led by Plus Ventures, the venture capital arm of the Moldawsky group, while an additional $300,000 was received in the form of a grant from the Chief Scientist. The investment round is open, and the company is talking to additional entities with a view to expanding it, in order to support its marketing efforts. CommuniTake, which was founded in 2009, provides a service platform for mobile devices’ Customer Relationship Management. The company recently signed several deals with telecommunications and service providers in Israel and overseas, and it is undergoing market trials with a view to installation at several additional telecommunications providers. http://www.globes.co.il/serveen/globes/docview.asp?did=1000588745&fid=1725

Posted in Communications, Investment, Israel, News, Telecommunications

Changing the way we chat

Tuesday, September 14th, 2010

by David Shamah
Video chatting – communicating through an instant messaging program via a webcam – is nothing new, but a novel application created by Israeli entrepreneur, mathematician and linguist Jacob Zoarets is set to fundamentally change our video chats. Zoarets’ new program, called Videochats, can be used directly from Facebook, the world’s most popular Web application. “All other chat solutions require that you download a dedicated application in order to conduct a video chat,” Zoaretz tells ISRAEL21c. “Videochats is the first video chat application that works in conjunction with Facebook, which has become the premier method of communication for many people, and you can access Videochats directly from within Facebook.” Videochats, which had its beta introduction in early August, brings another radical innovation: The program allows owners of websites to communicate directly with the people who visit their site, in real time. http://www.israel21c.org/201009148315/technology/changing-the-way-we-chat

Posted in Communications, News

WiFi chip co Celeno wins Liberty Global deal

Sunday, September 12th, 2010

by Shmulik Shelah

Wireless communications semiconductor developer Celeno announced a collaboration with cable giant Liberty Global. Celeno will provide wireless home telecommunications processors, as part of a project to offer video over IP to customers’ homes. Liberty Global selected Celeno’s Wi-Fi solution to power its multimedia home gateway product. The deal is expected to last several years, and to generate about $30-40 million per year for Celeno. Celeno may use the current success to carry out another fundraising round. About $30 million has been invested in the company to date, primarily by Greylock Partners, Pitango Venture Capital, and technology company Cisco. http://www.globes.co.il/serveen/globes/docview.asp?did=1000587920&fid=1725

Posted in Business Development, Communications, Israel, News

Red Bend Software acquires VirtualLogix

Tuesday, September 7th, 2010

by Globes’ correspondent

Mobile software management company Red Bend Software Inc. has acquired VirtualLogix for an estimated several tens of millions of dollars. The acquisition will enable Red Bend to enter the high growth mobile virtualization market and broaden its management solutions for device manufacturers, semiconductor vendors, software developers and service providers. With its development center in Hod Hasharon, Red Bend Software was founded in 1999 to solve the complex challenge of remotely managing software in constrained operating environments In 2003, the company entered the mobile phone market with an innovative solution for updating firmware over the air.   http://www.globes.co.il/serveen/globes/docview.asp?did=1000587620&fid=1725

Posted in Communications, Israel, M&A, News, Telecommunications

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