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April 20, 2014 / 20 Nisan, 5774
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Posts Tagged ‘Startup’

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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