WalkMe said it raised $5.5 million in a round was led by Gemini Israel Ventures and joined by Mangrove Capital Partners and Giza Venture Capital. Mangrove Capital Partners provided a first round of funding to the company in April. WalkMe, which is developing an online guidance system, will use the money to expand sales, marketing and product development.
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Viewfinity, a management solution provider, has secured $8.5 million in C-round funding from Longworth Venture Partners, Giza Venture Capital and JK&B Capital. Viewfinity plans to expand its sales and marketing organization, increase its penetration in EMEA and further build its product offering. PRESS RELEASE Viewfinity, the innovator of privilege management solutions, today announced $8.5 million [...]
Cloud database company Xeround, has closed $9 million in a Series C round of financing led by current investors including Benchmark Capital, Giza Venture Capital, Ignition Partners and Trilogy Partnership. The company is based in Mountain View, California with research and development in Israel. PRESS RELEASE Xeround, the Cloud Database Company, today announced that they [...]
Mintigo, a Menlo Park, Calif.-based company developing tools for big-data analysis, has raised a $9 million amount of Series B financing from Mintigo. Sequoia Capital and Giza Venture Capital led the round, which also included participation from unnamed private investors. The money will be used for expansion. The company was formed in 2009.
XtremeIO, an Israeli developer of solid-state drive data storage systems, has closed on a $14 million venture round led by Battery Ventures. Shareholders Giza Venture Capital and Jerusalem Venture Partners also participated in the round, which is aimed at boosting product engineering efforts. XtremeIO closed an undisclosed amount of Series A financing in 2009.
Last year was a lousy time for Israeli venture funds. In 2010, VCs in Israel raised zero capital. Zilch. Nada. Nothing. Already, that tide seems to be turning as Pitango Venture Capital is reportedly raising $350 million for its sixth fund, sources familiar with the matter told Globes. Still, as reporter Tom Stein writes in [...]
Israeli company Altair Semiconductor has raised $26 million in a new financing round led by venture firm JVP. Other investors also participated in the round, including BRM Capital, Bessemer Venture Partners, Giza Venture Capital and Pacific Technology Partners, Reuters reported. The company, which makes low-power microchips for cell phones, will use the money to support sales and growth, Reuters said.
VisionCare Ophthalmic Technologies Inc. recently closed on $13.4 million in Series E financing and added venture capitalist Elka Nir to its board. Nir heads life science investments for Tel Aviv-based Giza Venture Capital. Saratoga, Calif.-based VisionCare develops devices designed to improve vision for individuals with untreatable retinal disorders.
Pathway Medical Technologies, a developer of endovascular treatments for peripheral arterial disease received a $1.5 million investment from Washington Research Foundation, independent, nonprofit foundation, as part of the company’s Series D financing. The round totals $42.5 million with investments from Forbion Capital Partners, Giza Venture Capital, HLM Venture Partners, Latterell Venture Partners, and Oxford Bioscience [...]