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There aren’t a tonne of funds focused on seed-stage funding worldwide, but we can add a new one to the list today. SparkLabs , the company behind the accelerator program in Korea , is expanding its scope with its first seed-stage fund that will “help great startups go global.”. The caliber of its founding team is impressive.
Editor’s note: This story was written by Henn Idan and Yaniv Feldman , and was originally published in Hebrew by Newsgeek , the largest tech blog In Israel. . Xeround was founded in 2005 by Sharon Barkai – founder of Sheer networks, which was eventually sold to Cisco , and Dr. Gilad Zlotkin – founder of Class Data, also sold to Cisco.
Cato Networks has spent the last five years building a cloud-based wide area network that lets individuals connect to network resources regardless of where they are. Palo Alto Networks to acquire CloudGenix for $420M. With the new funds, he plans to keep building the company and the product.
CylusOne takes just a few hours to install, requiring zero downtime, fully integrating with new and legacy systems with no changes to the network architecture required, providing full visibility within seconds. . The Israel-based company announced today it has closed $30 million in a Series B round to help protect trains and metros.
How to win consulting, board and deal roles with PE and VC funds. We propose that governments should systematically support funding for their diaspora founders, not just founders locally. There are three main players in any tech ecosystem: The first are founders who want to build companies and need funding.
“We are providing our customers with a different approach for how to do cybersecurity and get insights [on] all the products already implemented in a network,” he said in an interview. Competitors include the likes of FireEye, Palo Alto Networks, Randori , AttackIQ and many more.).
Released in 2011, “Start-up Nation: The Story of Israel’s Economic Miracle” was a book that laid claim to the idea that Israel was an unusual type of country. The moniker became so ubiquitous, both at home and abroad, that “Israel Startup Nation” is now the name of the country’s professional cycling team. billion, from $6.51
The firm says its intent is to go beyond term sheets to issuing bespoke “Strategy Sheets,” which outline how Vesey Ventures aims to leverage its network “to act as a company’s first business development team.” They declined to say whether Amex is a limited partner in the new fund.) have raised only $74 million this year.”
Given the large sums the company has now raised — $430 million to date — the funding will likely be used for acquisitions (cyber is a very crowded market and will likely see some strong consolidation in the coming years), as well as more in-house development and sales and marketing. Its valuation is now over $3 billion.
About a year and a half ago, we got accepted to the Elevator accelerator program in Tel Aviv, Israel. Although we knew how we should actually build the product, we had nearly no experience on how to ship it to the market, get funded and attract customers. For us, being specifically based in Israel, these were our four main advantages.
Now, a startup that’s built a platform to help them stress-test the investments that they have made into their security IT is announcing some funding on the back of strong demand from the market for its tools. These include the likes of FireEye, Palo Alto Networks, Randori , Khosla-backed AttackIQ and many more.
The funding was led by Corner Ventures, with participation from Udi Angel, Vertex Ventures, and Yuval Tal, founder and president of Payoneer. Cymbio, a B2B dropship automation platform, is planning to use the new funding to grow its global footprint by establishing an office in Europe and expanding its team in the US.
The round was led by Insight Partners and Entrée Capital, with participation from Amdocs, Sony Innovation Fund by IGV, as well as existing investors Vertex Ventures Israel, Oryzn Capital, and Slow Ventures.
HoneyBook is the latest to feel some love in this area, unveiling Wednesday that it raised $250 million in Series E funding, just six months after securing $155 million of Series D capital. For example, Contra, a professional network for independent workers, raised $30 million in Series B funding , while Lean brought in $4.5
Zero trust models require companies to never trust any attempt to access its network, and must verify every single time — even from logins from inside the network. Axis Security, a zero trust provider that allows remote employees to access their company’s network, raised $32 million last year. First, a primer.
Remote and hybrid work have become the norm in business, and today a startup that’s building tools to improve how desktop computers behave in those scenarios is announcing a round of growth funding to expand its business. “The IT team can monitor the home networking and Wi-Fi signature.
The participants, most of them women, are exposed to a variety of tech tools, which are easy to adopt and help in organizing community activities, such as: messaging via cell phones, mapping tools, remote conferencing, arranging meetings for large groups, social networking, and more.
Today, a startup that’s addressing that challenge and how it relates specifically to expenses is announcing some funding. It plans to use the funding to continue expanding the functionality of its platform, as well as for further business development. If either of those questions raises a flag, the purchase is flagged, too.
Today a startup called Silverfort , which has built what it believes is a platform that can cover those bases and more, is announcing $65 million in funding to expand. Israel-based Silverfort’s funding, a Series C, brings the total raised to over $100 million, and it is being made at an undisclosed valuation.
Aqua Security , a Boston- and Tel Aviv-based security startup that focuses squarely on securing cloud-native services, today announced that it has raised a $135 million Series E funding round at a $1 billion valuation. “There was a spree of acquisitions by CheckPoint and Palo Alto [Networks] and Trend [Micro],” Davidoff said.
million in Series B funding. Siga says its SigaGuard technology, used by Israel’s critical water facilities and the New York Power Authority, is unique in that rather than monitoring the operational network, it uses machine learning and predictive analysis to “listen” to Level 0 signals. million in Series A funding.
The company was co-founded by deep learning scientist Yonatan Geifman, technology entrepreneur Jonathan Elial and professor Ran El-Yaniv, a computer scientist and machine learning expert at the Technion – Israel Institute of Technology.
We last covered the company in 2021 when it raised $200 million in Series C funding with some top investors behind it, including Temasek, which led both the C and Series B rounds. He joined the company in 2018 as chief of staff and rose to the ranks of CEO of the Israel market. In 2020, he became Fabric’s chief operating officer.
Now a startup providing the tools to make and manage those transactions is announcing some funding. The funding is coming in the form of an extension to Airwallex’s Series E — technically a Series E-2, after a $100 million extension in November 2021 , and the original $200 million in September 2021.
The two-year-old Chinese automaker also said it plans to begin selling vehicles in Europe and Israel by the end of 2023. The aggressive push into new markets is fueled by the $750 million Series A funding round Zeekr raised in February, which shot the automaker’s post-money valuation up to $13 billion.
Today a startup called Seemplicity is emerging from stealth with $32 million in funding for a platform that it believes will help reduce that load. Funding for the Israel-based startup is coming in the form of a $6 million seed round and a $26 million Series A. S Capital led its seed round.
Today, a startup called DoControl , which is building what it describes “no code” solutions for one part of that security stack — securing log-ins across cloud apps — is announcing $30 million in funding to expand. “We are not reinventing the wheel,” Gavish jokes.
The company was founded by Liat Hayun (CEO), a former VP of Product Management at Palo Alto Networks, and Asaf Weiss (CTO), who was formerly a director of Engineering at Microsoft and Palo Alto Networks. ” Israel’s cybersecurity startups post another record year in 2021.
Today, Israeli startup Vdoo — which has been developing AI-based services to detect and fix those kinds of vulnerabilities in IoT devices — is announcing $25 million in funding, money that it plans to use to help it better address the wider issue as it applies to all connected objects.
After finishing a four-day intensive training in Delhi for the Networked NGO , I stayed on a few days in India to visit colleague, Rufina Fernandez, who I met when she was the CEO of the Nasscom Foundation when she brought me to India to speak at the leadership conference and teach workshops back in 2010. I learned this from Giving 2.0
The company was founded in 2018 by two former members of Israel’s 8200 cybersecurity unit of the army. Rebranding as Anagram, software for out-of-network billing for healthcare providers raises $9.1 Nym charges between $1 and $4 per chart it analyzes, and is already working with around 40 medical providers in the U.S.,
The round was led by Alphabet’s independent growth fund CapitalG and Redpoint Ventures. That’s a lot of funding rounds in a short amount of time, but something we’ve been seeing more often in the last year or so. 2020 was a record year for Israel’s security startup ecosystem. billion valuation.
The new valuation comes in conjunction with Fireblocks’ Series E funding round, in which it raised $550 million from an investor group co-led by hedge fund D1 Capital Partners and Spark Capital.
Tis the season for new venture funds, apparently. Freestyle closed its sixth fund, adding $130 million of dry powder to invest , while Gumi Cryptos Capital (gCC) has a $110 million block of cash in the form of its second to deploy into the crypto universe. 66% of Egyptian adults don’t have access to formal financial services.
Multi-asset social investment network and Robinhood competitor eToro has signed a definitive agreement to acquire Gatsby — a fintech startup which also aimed to go head to head against Robinhood — for $50 million in a cash and common stock deal. Its number of funded accounts stands at over 2.7 million at the end of 2021.
The average startup fails at 20 months with $1.3million in funding according to CB Insights , who surveyed a group of failed/acquired startups. the time to access the funds will quite realistically take too long for the startup to wait. Don’t risk it! the red tape will be phenomenal.
In the latest development, a startup called Speedata , which is building a processor (fabless) to cover the specific area of big data analytics, is coming out of stealth and announcing $70 million in funding to continue building its product and embark on its first commercial deals. “We are approaching a huge, not niche, market.
In the aftermath of that quake, as well as flooding in Pakistan, fires in Israel, flooding in South and Central America, and countless other incidents, technology played a critical and often-life-saving role, and remains at the center of the ongoing advocacy and long-term rebuilding work in Haiti.
On the subject, NeuReality today announced that it raised $35 million in a Series A funding round led by Samsung Ventures, Cardumen Capital, Varana Capital, OurCrowd and XT Hi-Tech with participation from SK Hynix, Cleveland Avenue, Korean Investment Partners, StoneBridge, and Glory Ventures. .
Now, a startup betting on virtual learning in higher education — and investing in the innovation to deliver that — is announcing a round of funding as it continues to expand its business. Notably, the funding is coming only seven months after the startup first emerged from stealth in October 2020 , and investors from the $14.5
Coro — a startup building an all-in-one cybersecurity platform aimed at mid-market companies, with functions to monitor devices, users, email, networks, data and apps and remediate any malicious activity — has raised $60 million, funding it plans to use to continue doubling down on this particular gap in the market.
He met his co-founders David Hernandez and Amran Frey at Konfio, and, along with Israel Garcia, started Aviva , a Mexico-based fintech startup focused on bringing working capital to unserved communities. million in pre-seed funding, the company is rolling out a network of physical and digital onboarding kiosks. Now buoyed by $2.2
Facetune developer Lightricks , which operates over a dozen subscription-based photo and video editing apps across iOS and Android, now has $130 million in new funding to further grow its business. The company’s last round of funding was its pre-pandemic raise of $135 million , which minted the company as a unicorn. In the U.S.,
Nasscom Foundation has an impressive Corporate Social Responsibility Program where they work directly with corporations and small business that want to fund social change initiatives. Some organizations are based in India and some were part of worldwide networks. Network Weaving With Books and Twitter.
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