Israel Venture Capital News

3M to Acquire Attenti Holdings S.A.

August 31, 2010

ST. PAUL, Minn. & TEL AVIV, Israel (BUSINESS WIRE) 3M announced today it has entered into a definitive agreement to acquire Attenti Holdings S.A. from an investor group led by Francisco Partners along with Sequoia Capital, for a purchase price of $230 million in cash. Based in Tel Aviv, Israel, A… Read more →

IBM Acquires Storage Company Storwize for Data Compression Capabilities

July 29, 2010

ARMONK, N.Y. — IBM said Thursday it agreed to buy privately held data-compression company Storwize for an undisclosed sum.

Storwize, based in Marlborough, Mass., provides technology that can reduce the amount of physical space that companies need to store data such as files, databases and imag… Read more →

CDN Cotendo Raises $12M for Dynamic Site Acceleration

May 04, 2010

By RYAN LAWLER of GigaOm
Published: May 4, 2010

Cotendo has raised a $12 million Series C financing round to bolster its growing business for dynamic site acceleration and small object delivery. The funding round, which was led by Tenaya Capital and includes existing investors Sequoia Capital… Read more →

Sequoia Capital Backs Snaptu

March 15, 2010

Snaptu (f.k.a. Moblica), a leading mobile application company, today announced it has secured funding from Sequoia Capital.

Snaptu’s unique mobile service incorporates a suite of popular social networking, news, informational and sports applications, including Facebook, Twitter, Picasa and Fli… Read more →

Motorola Completes Acquisition of BitBand

February 19, 2010

SCHAUMBURG, Ill. 19 February 2010 — Motorola, Inc. (NYSE: MOT) today announced that it completed the previously announced acquisition of BitBand, a leading provider of content management and delivery systems, specializing in video on demand for IPTV. Terms of the transaction were not disclosed…. Read more →

Telefonica Acquires IP Communications Leader Jajah

December 23, 2009

London, 23 December 2009 Telefonica today announced the acquisition of the leading communications innovator JAJAH for the value of €145 million in an all-cash transaction. The agreement is subject to formal clearance by CNC, the Spanish competition authority.

The purchase of JAJAH – based in… Read more →

CloudShare Lands Series B Funding from Sequoia Capital

December 11, 2009

CloudShare, formerly IT Structures, today announced it has received $10M in series B financing from Sequoia Capital, Gemini Capital, and Charles River Ventures (CRV). The company plans to use the investment to fund product development and expand its go-to-market capabilities.

CloudShare, a Men… Read more →

Cotendo Raises $7 Million from Sequoia Capital and Benchmark Capital

March 11, 2009

Cotendo, a content delivery network and innovator of software-focused CDN technologies, today announced that the company has raised $7 million in Series B financing from Sequoia Capital and Benchmark Capital. The new financing round, which follows initial funding by Sequoia Capital in January 200… Read more →

Pontis Secures $19.65 Million in Equity Financing

February 10, 2009

Pontis Ltd, a developer of software marketing systems for Communication Service Providers (CSPs), today announced that it has secured a total of $19,650,000 in equity financing. Norwest Venture Partners (NVP) led the funding round, which included investments from current shareholders Sequoia Capi… Read more →

Provigent Continues to Accelerate Growth

December 22, 2008

SANTA CLARA, CA – Provigent, the leading provider of System-on-a-Chip (SoC) solutions for the Broadband Wireless Transmission market, announced today that it has closed a fifth-round of financing in the amount of $10 million. Lightspeed Venture Partners led this round of funding with a $10 millio… Read more →