Novidea Raises US$50 Million in its Series C Round, Led by Battery Ventures
Novidea, a leading insurtech provider of a cloud-native, data-driven insurance management system, has announced that it has raised US$50 million in Series C funding.
LocusView ranks 3rd on Calcalist’s top 50 startups list for 2023
Locusview is not very well known in Israel, but in the US the company's platform helps manage huge infrastructure projects, and synchronizes thousands of workers with incredible efficiency.
SysAid appoints Avi Kedmi as new Chief Executive Officer
SysAid, a leading provider of IT service automation, announced today that Avi Kedmi has been named as its new Chief Executive Officer. Avi is replacing Sarah Lahav, Co-Founder of the company, who announced her intention to step down after 20 years with SysAid.
Yoram Novick: Why did I join Zadara as CEO?
In April 2023, I joined Zadara as its CEO. I want to take this opportunity to share with Zadara customers, partners, prospects, and employees my view of Zadara and why I am so thrilled for this opportunity.
The ‘Iron man suit’ for QA Managers: Quality management software taps power of ChatGPT
Drug Discovery & Development
The Israeli eQMS compliance provider Dot Compliance has launched what it hails as an industry-first electronic (eQMS) for life sciences with a prominent generative AI-enhanced digital assistant that could take intelligent assistance to new heights.
Gallagher to launch digital platform for specialty business with Novidea
Life Insurance International
US-based insurance company Gallagher has collaborated with software company Novidea to launch digital platform for its specialty client base.
Life sciences QMS company Dot Compliance raises $23m
The Israeli company enables life-sciences organizations to deliver life-saving, innovative products faster, safer, and more efficiently.
DealHub secures $60M for sales tools to configure, price and quote
Launched in 2014, 160-employee DealHub has expanded over the years to include contract life cycle as well as subscription management tools, competing with the likes of Conga, Tacton and Vendavo.
McMakler receives 50 million euros
The company's valuation is now said to be €800 million. Investors include Scottish investment management firm Baillie Gifford, which is a new entrant, and U.S. private equity firm Warburg Pincus and an existing investor.
Digital forensics firm Cellebrite to go public via $2.4 bln SPAC deal
April 8 (Reuters) - Cellebrite DI Ltd, a digital intelligence company, said on Thursday it has agreed to go public through a merger with a blank-check firm, valuing the equity of the combined company at around $2.4 billion. The deal is expected to provide the merged entity with gross cash proceeds of $480 million, including private investments from fund groups such as Light Street Capital, Makena Capital and Axon Enterprise Inc.
Carlyle to acquire LiveU to further accelerate global growth
HACKENSACK, N.J. and LONDON, July 20, 2021 /PRNewswire/ -- LiveU, the leader in live video streaming and remote production solutions, announced today that global investment firm Carlyle (NASDAQ: CG) has acquired the Company from Francisco Partners, a global investment firm that specializes in partnering with technology businesses. Details of the transaction, which is subject to regulatory approvals, are not being disclosed.
InsurTech Novidea secures $30 million in Series B financing, led by IGP
To support accelerated growth, Novidea, the leader in cloud-based solutions for the insurance industry, today announced that it has increased its funding by $15 million, led by IGP, adding to $15 million raised just several months ago.
DealHub.io Raises $20 Million to take Revenue Amplification Mainstream
Demand for category-defining Revenue Amplification, powered by CPQ, CLM and Digital DealRooms, drives DealHub’s second consecutive year of 3X hyper-growth.
Locusview raises $64 million series A to accelerate growth of DCM platform
Locusview, which develops a Digital Construction Management (DCM) platform for energy, telecom, and water industries managing infrastructure capital projects, announced on Wednesday a $64 million series A funding round. The investment was led by Israel Growth Partners (IGP), a $600 million Growth Investment Fund focused on Israeli-based growth-stage technology companies. Existing investors, Leumi Partners, Clal Insurance and Discount Capital, all also participated in the round, bringing total investments in Locusview to $80 million.
Cellebrite to list on Nasdaq at $2.4b valuation through SPAC
The Israeli company provides digital intelligence solutions to law enforcement agencies and governments.
LIVEU ACQUIRES ITS UK CHANNEL PARTNER, GARLAND PARTNERS
Strongly supports the Company’s goal to be closer to its customers and maximizes its business potential in this important territory
New Israeli Unicorn Emerges After Insight Partners-Led Round
Israeli startup Earnix Ltd., which uses advanced analytics to help insurers and banks offer personalized financial products, reached a $1 billion valuation in a financing round led by Insight Partners.
Hibob Closes $70M Series B Funding Round to Significantly Expand Market Footprint in HR Technology
Led by Investors SEEK and IGP, The People Management Platform Furthers Its Mission of Transformation in the Workplace
Valens Semiconductor Announces New CEO & New Chairman
Valens, the developer of high-speed connectivity technology for the audio-video and automotive markets, and its Board of Directors announced today that Dr. Peter Mertens has been appointed Chairman of the Board of Directors. Gideon Ben-Zvi, who has been the company’s Interim CEO since February 2020, has now been appointed as the company’s official CEO.
Cellebrite Acquires BlackBag Technologies and solidifies its position as the global leader in Integrated Digital Intelligence Solutions
The acquisition adds a key building block to Cellebrite's portfolio and sets another milestone in its strategic expansion as the global leader in providing industry-leading products to now offering a comprehensive all in one platform of Integrated Digital Intelligence Solutions
PROMETEON AND GREENROAD SIGN A PARTNERSHIP AGREEMENT
Prometeon Tyre Group has signed a partnership agreement with GreenRoad, a leading provider of fleet drivers’ safety, and performance solutions to maximize their operational efficiency. The new agreement will enable Prometeon to enrich its PRO-Services fleet services portfolio, through the addition of “PRO Drive”, the new solution based on GreenRoad Know-how and expertise in the fleet management and Telematics sector.
IGP (Israel Growth Partners) Together With Its Major LPs Invest $110M in Cellebrite
Mobile data and entertainment company Sun Corporation has sold a 25% stake in its Israel-based mobile forensics subsidiary Cellebrite Mobile Synchronization Ltd. to Tel Aviv-based Israel Growth Partners (IGP) Ltd. for $110 million, Sun Corp announced in a filing with the Tokyo Stock Exchange earlier this month. Cellebrite announced the investment deal on Monday. Cellebrite specializes in mobile forensics and its devices are used for mobile data extraction by law enforcement, intelligence agencies, military entities, law firms, and security firms
McMakler to presentation from NOAH19 Berlin
B2B Software & Services: Company presentation by Felix Jahn, McMakler at the NOAH Conference Berlin 2019, 13-14 June, STATION.
Berlin-based real estate agency McMakler raises €50 million in a record round for a European proptech
Berlin-based McMakler, one of Europe‘s fastest-growing real estate platforms, has raised a Series C financing round of over €50 million in the largest European proptech equity investment to date. The round was led by Israel Growth Partners (IGP), with participation from existing investors including Frog Capital.
MIPI Alliance’s Ultra-High-Speed Automotive Standard to Be Based on Valens’ Technology
Valens' technology brings the resilience required for high-speed in-vehicle video transmission, from 2Gbps to 48Gbps & above
Francisco Partners, IGP to Acquire Live Broadcasting Startup LiveU for $200 Million
San Francisco-based private equity firm Francisco Partners Management LLC and Tel Aviv-based Israel Growth Partners (IGP) Ltd. have agreed to acquire Israel-based live broadcasting company LiveU Ltd. for approximately $200 million, the companies announced Tuesday. Francisco Partners and IGP are acquiring all of the company’s assets along with its co-founders and management team. Founded in 2007, LiveU develops live broadcasting and streaming technologies negating the need for an outside broadcasting van, as the video is transmitted directly to the broadcaster's server over cellular networks.
lastminute.com Improves Customer Marketing ROI via Large-Scale Personalization and Automation
Optimove’s customer modeling, micro-segmentation and campaign automation capabilities empowered lastminute.com to increase order value by 18%, email open rates by 35% and email click rates by 10%
SysAid announces $30 million investment
to deepen its commitment to improving productivity of IT and operations in mid-market organizations The investment by leading tech growth fund IGP will accelerate SysAid's growth in the ITSM market and beyond
Israeli businessman to be given OBE by The Queen for his ‘economic diplomacy’
Chair of the UK Israel Tech Hub, Haim Shani, will be recognised for spearheading burgeoning UK-Israeli ties in the world of technology
Israeli cloud storage co Zadara raises $25m
IGP Capital led the investment in the company, which uses a combination of industry-standard hardware and patented software to deliver powerful enterprise-class data storage.
IGP today announced a $230 million first closing of a new growth investment fund, IGP II.
IGP today announced a $230 million first closing of a new growth investment fund, IGP II.
Optimove Acquires DynamicMail Business to Expand Email Capabilities
Sudipto Ghosh, Martech
The Acquisition of DynamicMail Strengthens Optimove’s Existing Email Capabilities and Provides Advanced Email Solutions for Smart Marketing Teams.
Stagecoach GreenRoad Success
Stagecoach bus drivers are leading the way in a prestigious global performance measurement programme for the fourth consecutive year.
New Platform Boosts Intelligence in Bot Interactions
The CX Suite, which debuted last week, lets enterprises design and automate assisted-service or self-service business flows, and then use them in multiple channels to standardize and optimize customer service interactions.
Earnix Introduces Integrated Machine Learning™ Technology
Several Earnix insurance clients have been using an early version of the technology and have seen significant improvements in their results. The Analytics Arms Race Analytics has become an arms race, as insurers around the globe seek to become more data-driven by operationalising real-time analytics and monetising new forms of data such as telematics and the Internet of Things (IoT).
People Data Company Pipl Raises $19 Million from IGP
People Data Company Pipl Raises $19 Million Israel-based people data startup Pipl Search Ltd. raised $19 million from growth stage venture capital firm IGP.
A search engine that digs deeper than Google
Pipl has raised $19 million from IGP. Founder and CEO Matthew Hertz tells “Globes” about the search engine’s ability to find people.
Jacada Receives $4.5 Million Investment to Accelerate Delivery of Customer Service Automation Solutions
ATLANTA, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Jacada announced an equity investment of $4.5 million from multiple investors including Israel Growth Partners (IGP), a Private Equity investment firm and other existing shareholders.
Hyper Scale Transceiver Maker, ColorChip, Demonstrates World’s First 200G FR4 QSFP56 Transceiver Using Uncooled DML’s
ColorChip today announced the demonstration of the world's first 200G 4x50G FR4 2km transceiver featuring uncooled CWDM4 DML's driving 50G PAM4 modulation and packaged in a compact QSFP56 form factor.
Adore Me Increases Revenue 15% and Order Volume 22% With Optimove
Optimove was the missing technological link in Adore Me's growth strategy.
Valens Raises $60M to Boost Growth, Innovation in Automotive Industry
The round was led by Israel Growth Partners (IGP), and includes Delphi, Samsung Catalyst Fund, Goldman Sachs and MediaTek as new investors
Francisco Partners set to buy half of R2Net
R2Net operates James Allen, the second largest ecommerce platform in the US for diamonds and jewelry
ColorChip adds $17 million in funding
Optical transceiver developer ColorChip says it recently received $17 million in funding, capping its most recent round at a total of $37 million. CIRTech fund led the funding; Scale-Up fund contributed as well.
Earnix Closes $13.5M Investment Round to Fund its Growth Strategy
Earnix, a leading provider of predictive analytics solutions for the financial services industry, today announced it has completed a $13.5 million financing round with Jerusalem Venture Partners (JVP), Vintage Investment Partners, both long-time investors, and Israel Growth Partners (IGP), a new investor.
Infosys to Acquire Panaya, a Leading Provider of Automation Technology
Infosys (NYSE: INFY), a global leader in consulting, technology and next generation services, today announced a definitive agreement to fully acquire Panaya, Inc., a leading provider of automation technology for large scale enterprise software management, in cash, for an enterprise value of USD 200 million.