Innovid said it raised $11 million in Series C funding from existing investors Sequoia Capital, Genesis Partners, and T-Venture and new investor Vintage Investment Partners. The funding will enable the company to expand to new screens, including gaming consoles, connected TVs and broadcast TVs, alon with supporting its growth in video ad delivery to PCs, mobile devices and tablets.
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Email technology provider PowerInbox has merged with ActivePath, a provider of interactive email technology within the enterprise space. PowerInbox is based in Cambridge, Ma, and ActivePath is based in New York, with offices in Tel Aviv, Israel. The combined entity will have $10 million in funding from Atlas Venture, Longworth Venture Partners, Battery Ventures, Genesis Partners, GIMV NV and Correlation Ventures.
IBM will acquire Israel-based Worklight, a maker of mobile software for smartphones and tablets. Terms of the deal were not released. The company was backed by investors including Pitango Venture Capital, Genesis Partners and Index Ventures.
SolarEdge Technologies Inc., an Israeli provider of end-to-end solar power optimization and PV monitoring technology, has raised $37 million in venture capital. Norwest Venture Partners led the round, which is aimed at expanding the company’s reach and bolstering production plans. Existing investors Opus Capital, Walden International, Genesis Partners, Vertex Venture Capital, Lightspeed Venture Partners and GE also participated in the round.
Atternity Inc. has raised $13 million in Series D financing. Investor Growth Capital led the round, which included participation from existing investors Vertex Venture Capital, Genesis Partners, Intel Capital, Clal Industries and Investments LTD. Atternity will use the infusion to expand sales and marketing, as well as development efforts. The company makes enterprise software designed to provide application, physical and virtual desktop monitoring coverage, and real-time analytics.
ActivePath has raised $10 million in financing from Battery Ventures, Gimv NV and Genesis Partners. The money will help accelerate development and expand sales and marketing efforts for the company’s email marketing software. Scott Tobin, general partner at Battery Ventures; and Steven Coppens, partner at Gimv’s venture capital team, will join ActivePath’s board.
Video advertising platform Innovid has raised a new $9.5 million round of funding. Sequoia Capital led the round, which was filled out by existing investors Genesis Partners and T-Venture (Deutsche Telecom). Gili Raanan of Sequoia’s Herzelia, Israel-based office is taking a seat on Innovid’s board as part of the financing. The four-year-old, New York-based company had [...]
Valens Semiconductor, which makes products for the distribution of uncompressed high-definition multimedia content, has closed on $14 million in fresh capital. The Series B round came from new strategic investors including Taiwan-based Pegatron and Japan-based Mitsui & Co. Global Investment Ltd. Venture firms Amiti Ventures and Aviv Venture Capital also contributed, as did return investors Genesis Partners and Magma Venture Partners. Valens was formed in 2006 and is based in Israel.
Pixim, the Mountain View, Calif.-based startup providing technology for security cameras, will buy Advasense Technologies. Investors in Pixim include Tallwood Venture Capital, Ridgewood Capital, Mayfield Fund and Mohr Davidow. Advasense Technologies investors include Genesis Partners, Giza Venture Capital, CIDC Consultants, BlueRun Ventures and VentureTech Alliance. Specifics on the transaction were not publicized.
SolarEdge Technologies, a stealth-mode maker of solar energy technology, has confirmed a recent $23 million round of funding to several news outlets. The B round was led by Vertex Venture Capital with participation from previous investors including Walden International, Opus Capital and Genesis Partners. Round A was for $11.8 million, according to GreenTech Media.