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November 25, 2015 / 13 Kislev, 5776
At a Glance

Posts Tagged ‘Startup’

Personal Iron Dome

Friday, October 16th, 2015

During these “Days of Rage”, the Israeli genius that makes us the start-up nation has come up with a new defense system against the “lone wolf” terrorist.

Meet the personal Iron Dome. Available at Rami Levy supermarkets and felafel stands everywhere.

Microsoft Buying Israeli Adallom for $320 Million

Monday, July 20th, 2015

(JNi.media) Microsoft Corp is buying Adallom, an Israeli cyber security company, for $320 million, Calcalist reported on Monday. Adallom, developing cloud security platforms, will become Microsoft’s center for cyber security business in Israel.

As critical applications like collaboration, storage, CRM and ERP are moving to the cloud, the critical mass of corporate data will eventually find its way to the cloud, and Adallom keeps it safe. The company says its platform works with any user, on any device or location, delivering seamless security.

According to Calcalist, Adallom has raised close to $50 million from venture capital funds Sequoia Capitol and European Index Ventures, and from EMC Corp and Hewlett-Packard.

Assaf Rappaport is co-founder & CEO of Adallom; Ami Luttwak is co-founder & CTO; Roy Reznik is co-founder & Vice President of R&D. Adallom was founded in 2012, and has 80 employees in Israel and the US.

Meanwhile, ironSource, which offers technology that allows developers reach key audiences and monetize Internet services, is buying Israeli ad-tech company Supersonic, which helps content providers monetize non-paying users by serving bundled video ads, interstitials and offer-walls.

According to Ha’aretz, the deal is estimated at between $200 — $300 million.

Another Israeli Start-Up to Raise Money on Wall Street

Monday, September 9th, 2013

Israeli start-up Outbrain, which provides a digital content management and storage solution,  sis going to Wall Street to raise $100-200 million in a public stock offering.

The company’s decision to go public rather than sell out to foreign companies puts it in company with Wix, Matomy Media and Fifty One Inc., now called Borderfree, all of which are in the process of offering shares to raise money.

Outbrain’s content recommendations engine is based on what reader’s prefer and is aimed at keeping readers on a news site for a longer time, enabling the site  to sell more advertising.

Its customers include Reuters and The New York Post as well as with companies such as General Electric, which market items on websites.

Samsung Buys Israeli Web TV Startup Boxee

Wednesday, July 3rd, 2013

Samsung acquired the Israeli streaming media startup Boxee for $30 million.

The Israeli business site The Marker reported the acquisition by the Korean electronics giant on Wednesday and added that Samsung will continue to employ Boxee’s 40 employees.

Boxee, based in Tel Aviv, offers a device that connects to televisions and allows streaming videos from the Internet and personal computers. It also offers media applications and social media connectivity.

Last month, it was reported that Boxee was seeking buyers or additional funding to the $30 million it has raised since its establishment in 2007.

Printed from: http://www.jewishpress.com/news/breaking-news/samsung-buys-israeli-web-tv-startup-boxee/2013/07/03/

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