Insights

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 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, 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.

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 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.

US-based insurance company Gallagher has collaborated with software company Novidea to launch digital platform for its specialty client base.

The Israeli company enables life-sciences organizations to deliver life-saving, innovative products faster, safer, and more efficiently.

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.

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.

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.

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.

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.

Demand for category-defining Revenue Amplification, powered by CPQ, CLM and Digital DealRooms, drives DealHub’s second consecutive year of 3X hyper-growth.

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.

The Israeli company provides digital intelligence solutions to law enforcement agencies and governments.

Strongly supports the Company’s goal to be closer to its customers and maximizes its business potential in this important territory

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.

Led by Investors SEEK and IGP, The People Management Platform Furthers Its Mission of Transformation in the Workplace

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.

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 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.

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

B2B Software & Services: Company presentation by Felix Jahn, McMakler at the NOAH Conference Berlin 2019, 13-14 June, STATION.

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.

Valens' technology brings the resilience required for high-speed in-vehicle video transmission, from 2Gbps to 48Gbps & above

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.

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%

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

Chair of the UK Israel Tech Hub, Haim Shani, will be recognised for spearheading burgeoning UK-Israeli ties in the world of technology

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.

The Acquisition of DynamicMail Strengthens Optimove’s Existing Email Capabilities and Provides Advanced Email Solutions for Smart Marketing Teams.

Stagecoach bus drivers are leading the way in a prestigious global performance measurement programme for the fourth consecutive year.

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.

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 Israel-based people data startup Pipl Search Ltd. raised $19 million from growth stage venture capital firm IGP.

Pipl has raised $19 million from IGP. Founder and CEO Matthew Hertz tells “Globes” about the search engine’s ability to find people.

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.

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.

Optimove was the missing technological link in Adore Me's growth strategy.

The round was led by Israel Growth Partners (IGP), and includes Delphi, Samsung Catalyst Fund, Goldman Sachs and MediaTek as new investors

R2Net operates James Allen, the second largest ecommerce platform in the US for diamonds and jewelry

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, 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 (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.