Monthly Archives: April 2015

Israeli firms raise $1.5 billion on Wall Street

Israelis companies conducted 11 offerings on Wall Street in the first quarter of 2015: three IPOs and eight secondary offerings. An almost unimaginable total of $1.5 billion was raised, considering that $3.9 billion was raised in all of 2014. http://www.globes.co.il/en/article-israeli-cos-raise-15b-on-wall-st-in-q1-1001025073

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Another successful NASDAQ launch

Israeli garment printing company Kornit saw its share price jump 40% on the day following its NASDAQ IPO. Analysts were bullish on the prospects for Kornit’s digital inkjet printing using non-toxic water-based inks, highlighting low-costs, flexibility and lack of competitors. … Continue reading

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Kids’ games company is growing up

Israeli kids’ games publisher TabTable has made its 4th acquisition, and its first in the USA with the purchase of rival Sunstorm Games. It will add another 5 million users to the 40 existing active users of TabTable’s apps. http://techcrunch.com/2015/04/10/tabtale-buys-rival-sunstorm-as-mobile-gaming-for-kids-consolidates/

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More European satellite coverage

Israel’s RR Media is a leading provider of digital media services to the broadcast industry. RR Media has just bought Eastern Space Systems in Romania, extending RR Media’s Intelsat coverage to more than 17 million TV households in Central, Eastern … Continue reading

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India’s new Israeli R&D center

India’s Tech Mahindra is working with US-Israeli Comverse to set up an Israeli research & development center. Tech Mahindra has 98,000 employees in 51 countries. Tech Mahindra president Manish Vyas said, “Given the culture of entrepreneurship in Israel we need … Continue reading

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Check Point buys Lacoon

Israeli cyber security giant Check Point has just acquired another Israeli security company – Lacoon that detects malicious software on mobile devices. Lacoon – whose founders worked in the IDF 8200 security unit – recognizes viruses by their behavior and … Continue reading

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Tonara’s passport to China

Baidu is China’s largest search engine. It has also become an investor in Tonara – Israel’s developer of the interactive sheet music app. Baidu will help the Chinese distribution of Tonara’s “Wolfie” teaching and evaluation tool for music instructors. http://techcrunch.com/2015/04/14/music-education-startup-tonara-scores-5m-led-by-baidu-chinas-largest-search-engine/ … Continue reading

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Wix Music

Israel’s “make-your-own-website” firm Wix has launched a new service for those working in the music industry. Specially designed tools and templates help groups promote and sell their music commission-free. They can track number of plays by track, album etc. and … Continue reading

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Apple buys LinX

In my July 6 2014 newsletter I reported about the miniature multi-aperture cameras for mobile devices developed by Israel’s LinX Imaging. Well, Apple has just bought LinX for an estimated $25 million. We will probably see LinX cameras in a … Continue reading

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Pay with your Apple watch

Israel’s 24me is the first company to launch a payments facility for the Apple watch – even before the watch has been shipped. http://bankinnovation.net/2015/04/this-israeli-startup-just-leapfrogged-everyone-with-apple-watch-payments/

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