Israel News

SimpliVT, led by Diligent entrepreneur, raises $9.2m

Thursday, September 16th, 2010

by Shmulik Shelach

Two and a half years after selling his start-up Diligent Technologies to IBM, Doron Kempel led his current venture SimpliVT in raising $9.2 million. The company reported the funding to the US Securities and Exchange Commission (SEC). According to the SEC filing, 8 investors participated in the current funding. Altogether the firm has raised $10 million since its founding. The company remains very private, without even a website. It is apparently developing computer infrastructure software. http://www.globes.co.il/serveen/globes/docview.asp?did=1000588986&fid=1725

Posted in Investment, Israel, 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

Skincare co Laline to open in Japan, Caribbean

Monday, September 13th, 2010

by Ilanit Hayut

After signing an agreement to open stores in the US and UK, skincare products company Laline Candles and Soap Ltd. is now expanding to Japan and the Caribbean. The chain has signed a franchise agreement with David Mogen Co. owned by a former Israeli Tony Levy to open 30 stores in Japan over the next five years. David Mogen, which manufactures and markets jewelry, has 40 stores around Japan. The first Laline store is expected to open in Tokyo before the end of 2010 at an investment of $1.5 million. At the same time, Laline has signed an agreement to open stores in the Caribbean, which will also be operated by a franchisee. Fifteen stores are planned over the next five years. Laline has 54 stores in Israel and opened a store in San Francisco last month. http://www.globes.co.il/serveen/globes/docview.asp?did=1000588304&fid=1725

Posted in Asia, Business Development, Consumer Products, Israel, News

Nova Measuring adds two new Asian customers

Monday, September 13th, 2010

by Globes’ correspondent

Nova Measuring Instruments Ltd. has reported the addition of two new standalone optical CD customers, one a foundry, the other a memory manufacturer, in the Asia Pacific region. The company, which provides stand-alone metrology and integrated metrology solutions to the semiconductor process control market, reported that one of the customers is a foundry and the other a memory manufacturer. Nova added that both are users of the company’s market leading integrated metrology platform. http://www.globes.co.il/serveen/globes/docview.asp?did=1000588147&fid=1725

Posted in Asia, Business Development, Israel, News

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