iAngels 2017 March Deal Digest

Welcome back to the iAngels monthly deal digest! This March we tracked 28 announced deals totaling $298m, alongside 4 acquisitions for a disclosed $15.4b.

Read on for the full scoop!

Seed Rounds

  • Speakizi, a platform connecting content providers and audiences, raised $500,000 from private angel investors.
  • Astralink, a software solution that uses computer vision and AR to prevent construction errors, raised $1m led by Grove Ventures.
  • Croosing, a software that enables publishers to create single links that lead to multiple webpages, raised $1.25m from Ramot Investments.
  • Haystack, a smartphone based business card platform, raised $1.7m led by Follow the Seed.

Series A Rounds

  • Cymulate, a cyber-attack simulation platform, raised $3m led by Susquehanna International Group.
  • Stampli, an invoice approval automation software, raised $2.3m led by Bloomberg Beta with participation from Hillsven and Upwest Labs.
  • RadiAction, a developer of radiation shields for catheterization labs, raised $5.7m led by HighGround Capital and Boya Capital.
  • ControlRad Systems, a radiation control system for x-ray systems, raised $3m from private investors.
  • CareDox, a platform connecting schools, families, and healthcare providers, raised $6.4m led by Digitalis with participation from existing investors.
  • Akeneo, an open source product information management system for retailers, raised $13m led by Partech Ventures.

Series B Rounds

  • Endor, a Q&A platform capable of explaining and predicting human behavior, raised $5m from Innovation Endeavors and Marker.
  • LawGeexan AI solution automating business contract review and approval, raised $7m led by Recruit Holdings with participation from existing investors.
  • Brayola, an online marketplace for women’s intimate apparelraised $5m led by Firstime Fund with participation from private investors.
  • XACT Robotics, a developer of image-guided robotic needles for minimally invasive proceduresraised $5m from MEDX Ventures Group and private investors.
  • Medisafe, a leading medication management platform, raised $14.5m led by Octopus Ventures with participation from Merck Ventures and existing investors.
  • ScyllaDB, a company providing open-source NoSQL database infrastructure, raised $16m led by Western Digital Capital and Samsung Ventures with participation from existing investors.
  • Bringg, a leading platform for delivery and logistic management, raised $10m led by Aleph with participation fromexisting investors.
  • Dyadic Security, the world leader in software defined cryptography providing identity and data protection services, raised $12m led by Goldman Sachs with participation from Citi Ventures and Innovation Endeavors.
  • EyeYon Medical, a developer of ophthalmic medical devices, raised $6.5m led by Rimonci Capital and Gauss Group with participation from existing investors.
  • Votiro, a cybersecurity start-up protecting against undisclosed and zero-day exploits, raised $10m from Redfield.
  • ControlUp, a real-time IT analytics software, raised $10m led by K1 with participation from JVP.

Growth/Miscellaneous Rounds

  • Reduxio, a developer of high performance enterprise data storage solutions, raised $22.5m led by C5 Capital with participation from existing investors.
  • Zimperiuman on-device mobile security software system, raised $15m led by Softbank Capital with participation from existing investors.
  • Cnogaa manufacturer of non-invasive monitoring devices for diabetes and cardiovascular disease, raised $50m from BOE Technology.
  • Active Implants, a developer of spine implants, raised $40m led by LS Health Science wtih participation from existing investors.
  • Foresight Autonomous, a developer of 3D multi-camera-based Advanced Driver Assitance Systemsraised $11.9m on the TASE from more than 30 private and institutional investors.
  • Autotalks, a developer of vehicle-to-vehicle, vehicle-to-infrastructure, and vehicle-to-pedestrian semiconductors, closed an additional $5m on its $25m round from December, bringing the total to $30m.
  • FreightOS, a sales automation platform for the logistics industry, raised $25m led by GE VEntures with participation from Gold Lion Holdings, Master Toys, and existing investors


  • AVT, a leading developer of automatic inspection systems for the packing and printing sectors, was acquired by Danaher, a designer and manufacturer of industrial and consumer products, for $107m
  • DigiFlex, a developer of inkjet-based industrial printers, was acquired by PV Nano Cell, a producer of single-crystal, metal nonmetric digital inks, for $10m.
  • Cappsool, an app distribution and discovery platform, was acquired by Natural Intelligence, a performance-based marketing company, for an undisclosed sum.
  • Mobileye, a world leader in Advanced Driving Assistance Systems, was acquired by Intel for a reported $15.3b.

On behalf of everyone at iAngels, I’d like to thank you for tuning into our deal digest.  

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Max Marine
Max Marine is an iAngels Investment Analyst. Prior to iAngels, Max was a Junior Partner at Venture1st, providing marketing and communications support to Israeli start-ups. Max passed the three CFA exams consecutively, holds an MS in Investment Management, and a B.B.A. in Finance, Real Estate, and Risk Management and Insurance from Temple University’s Fox School of Business. Contact him at [email protected]