U.S.-Israeli company SundaySky expects its sales to triple annually as companies increasingly use personalised videos to win over new customers and retain existing ones, writes Reuters. Founded in 2007 in Israel, SundaySky is headquartered in New York and has raised over $17 million from Carmel Ventures, Norwest Venture Partners and Globespan Capital.
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Reduxio Systems said it raised $9 million in a Series A round led by Jerusalem Venture Partners and Carmel Ventures. Reduxio is developing a storage operating system.
Seattle-based provider of SaaS IT management solutions SAManage has closed $3 million in venture funding from Carmel Ventures, an Israeli Venture Capital firm. Xenia Venture Capital is a previous backer of the company.
Clarizen, the San Mateo, Calif.-based project management software firm, completed a $12 million round led by Vintage Partners. In addition Benchmark Capital, Carmel Ventures, DAG Ventures and Opus Capital joined in the round. PRESS RELEASE: Clarizen Secures $12 Million Series E Growth Financing Investment Will Accelerate the Company’s Global Expansion and Product Development SAN MATEO, [...]
Group Commerce Inc. said it raised a $21 million Series C round of funding from Jafco Ventures and existing investors Spark Capital, Carmel Ventures, and others. The funding will be used for technology development and to expand in the U.K., Germany and other European countries. PRESS RELEASE Group Commerce Receives $21 Million for Product Development [...]
A new venture capital fund formed by France Telecom-Orange and advertising firm Publicis has made its first investment in myThings, an Israeli online advertising technology firm, writes Reuters. The Orange-Publicis fund led a $15 million investment that included existing investors Carmel Ventures, Accel Partners and T-Venture, the investment arm of Deutsche Telekom, according to Reuters. [...]
Vodafone Ventures and Carmel Ventures have led a $9.2 million round for Israel’s CellEra, a developer of fuel cell technology. Israel Cleantech Ventures and B-2-V Partners also invested in the company. Ori Bendori, general partner at Carmel Ventures, joins the CellEra board as a result of the round.
Outbrain, a content discovery platform, has closed a $35 million Series D round of funding bringing total financing to $64 million. Index Ventures led the round with participation from Outbrain’s existing investors Carmel Ventures and Lightspeed Venture Partners. PRESS RELEASE Outbrain, the leading content discovery platform, today announced that it has closed its Series D [...]
YCD Multimedia has acquired C-nario, a venture backed maker of high-end digital signage. Terms of the sale were not released. The company also announced, however, that it had closed on $6 million in new fundraising from investors including Carmel Ventures, Opus Capital, Pitango Venture Capital and Plenus. C-nario is backed by Carmel Ventures and Opus Capital. YCD is backed by Pitango Venture Capital, Plenus, Arts Alliance Digital Ventures, and others.
Amadesa, maker of website testing and analytics platform, has raised $7.4 million from Gemini Israel Funds and Carmel Ventures. The Series B money will help the company expand sales and marketing and continue development efforts.