Salesforce is to acquire Israel’s Own Company, formerly known as OwnBackup (see here previously), for $1.9 billion in cash. Salesforce already owned 10% of Own Company, giving a total valuation of $2.1 billion. https://www.calcalistech.com/ctechnews/article/hyiemjv20 https://www.owndata.com/

Ownbackup raised $240 million; VGarden raised $55 million; 4M Analytics raised $11 million; Joonko raised $10 million; Buff raised $9.3 million (TASE IPO); SIGA raised $8.1 million; ByondXR raised $7 million; Vesttoo raised $6 million;

The Israeli Business to Developer (B2D) sector is growing as companies develop products that automate and simplify the jobs of highly sought-after hi-tech developers. Examples include Lumigo, Orca Security, OwnBackup, Redis, Snyk and JFrog. (All but Lumigo featured here previously). … Continue reading →

In just one week, three Israeli startups raised funds, to push their market value over $1 billion and gain the financial status of a “Unicorn”. They are Melio, OwnBackup and DriveNets, reported previously here, here and here. https://www.calcalistech.com/ctech/articles/0,7340,L-3890213,00.html https://www.calcalistech.com/ctech/articles/0,7340,L-3889565,00.html https://www.calcalistech.com/ctech/articles/0,7340,L-3889911,00.html

DriveNets raised $208 million; OwnBackup raised $167.5 million; TripActions raised $155 million; Melio raised $110 million; DarioHealth raised $70 million; Run.AI raised $30 million; Swapp raised $7 million; CardinalOps raised $6.5 million;

OwnBackup raised $50 million; Seebo raised $9 million; NovaSight raised $8 million; Valid Network raised $8 million; Nectin Therapeutics raised $6 million;