DLD Tel Aviv 2019 DriveNets announced today that it plans to open a R&D center in Romania. The Raanana-based networking company entered into this endeavor together with Tellence. DriveNets recently closed a $117 million Series-A round of financing. In making the announcement, Ido...
Trigo technology deployed in a supermarket Trigo, a computer-vision company providing checkout-free systems to grocery retailers, announced today that it raised $22 million in an A-Round of financing. The round was led by growth fund Red Dot Capital with the participation of existing...
Nice Systems has received its largest order ever — a ten year contract from the US Federal Aviation Administration, with a value of up to $137million. Nice will supply software to track and manage all incidents. "Millions of flyers...
WSC Sports, has raised $23 million in Series-C financing, bringing the company's total funding to $39 million. The new capital will be used to further expand WSC's growth across new sports, products and geographic regions. This funding round was...
Rookout Founders Or Weis and Liran Haimovitch Today, Rookout, the data extraction and pipelining platform, announced it has raised $8 million in funding. The Series-A Round was led by Cisco Investments, who made a strategic investment alongside existing backers TLV Partners and Emerge....
Israel has a new unicorn. Today, the Israeli software company, Lightricks, announced it has raised $135 million in Series-C funding round, at a $1 billion valuation. This round was led by Goldman Sachs Private Capital Investing, with participation from additional investors, including:...
Today, Wix reported excellent results, with second quarter revenues totaling $184 million, up 27% from Q2 of last year. Collections totaled $199 million, up 25% from last year. Both numbers were higher than the company’s previous guidance. Cumulative collections from H1 '19...
Nazareth by Simone Baldini Personetics, a provider of AI-powered personalization and customer advocacy solutions used by banks, announced the opening of a new Research and Development (R&D) center in Nazareth, Israel. The new R&D center will support Personetics' continued rapid...
Google has acquired the Israeli company Elastifile for an undisclosed sum. Elastifile has developed new way for data to be stored and managed in the cloud, as well as spanning hybrid clouds. Powered by an elastically scalable, enterprise-grade, distributed file system with...
Fiverr has released a new stock prospectus, prior to a public offering on the NASDAQ. The company seeks to raise $100 million, while placing an after offering valuation of the company at $600 million. The company plans to sell 5.3 million shares,...