Argus Cyber Security raises $26 mln in Series B funding

Argus Cyber Security raised $26 million in Series B funding. Investors in the funding round include Magna International, Allianz, the SBI Group, as well as existing investors Magma Venture Partners, Vertex Venture Capital and the co-founder of the RAD Group Zohar Zisapel.


AppsFlyer fetches $20 mln Series B

Mobile advertising measurement platform AppsFlyer has closed $20 million in Series B funding. Fidelity Growth Partners Europe led the round with participation from return backers Magma Venture Partners and Pitango Venture Capital. In addition to the funding, FGPE’s Gaurav Tuli has been named to AppsFlyer’s board of directors.


Xplenty rakes in $3 mln Series A

Xplenty has closed $3 million in Series A funding. The investors were Waarde Capital and previous backer Magma Venture Partners. Based in Tel Aviv, Xplenty is a big data platform powered by Hadoop.


Magma raises $150 mln for Fund IV

Israeli tech firm Magma Venture Partners has closed Magma Venture Capital IV on $150 million. This fund is the successor of Magma’s third fund raised in early 2012.


Argus Cyber Security nabs $4 mln Series A

Israeli automotive cyber security firm Argus Cyber Security said Monday that it has received $4 million in Series A funding. The investors included Magma Venture Partners and Vertex Venture Capital.


Magma Venture, Cedar Fund invest $6 mln in Sentrix

Magma Venture Partners, Cedar Fund, Israel’s Chief Scientist program and company board members have provided $6 million in funding to Sentrix, formerly Foresight-Air, a website security company. Along with the funding, Sentrix has opened a Boston office as part of a U.S. expansion.


VC-backed children’s app publisher TabTale buys Coco Play

Israeli children’s app publisher TabTale has acquired Coco Play. No financial terms were disclosed. Based in Hong Kong and China, Coco Play develops educational apps and games for children. TabTale’s backers include Qualcomm Ventures, Magma Venture Partners and Vintage Investment Ventures.

Magisto Inks $5.5M for Cloud-based Video Editing

San Francisco-based Magisto has closed on $5.5 million in financing from Horizons Ventures and Magma Venture Partners. The company provides a free, web-based video editing service. Horizons led the Series B round. Magma was a previous investor in the company’s 2010 first round.

Valens Semiconductor Seals $14M

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.

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