iAngels Israeli Deal Digest – August 2017

Welcome to the iAngels monthly deal digest, a summary of movements in the Israeli startup market.

This August we tracked 24 announced deals totaling $405M, and one massive WeWork round of $4.4B bringing the total amount raised in August to $4.8B. On the M&A side, August was a great month for Israeli companies with  acquisitions for a disclosed $1.54B, including Plarium, a social gaming company that was acquired for $500M and R2Net, a solution for jewelry e-commerce that was acquired for $328M.

Read on for the full scoop!

August investment highlights


Seed Rounds

  • ClanPlay, a messaging app for gamers, has raised a $1M seed round from F2 Capital, MJ Fahmi – Babil Games, and Anton Gauffin – CEO of Huuuge Games.
  • VRHealth, a developer of Virtual Reality environments to enhance physical therapy, has raised a $1.95M round, led by ExitValley.


Series A Round

  • Namogoo, a developer of an e-commerce security solution, has raised an $8M round led by GreatPoint Ventures with participation from Blumberg Capital and Inimiti Capital.
  • SpaceIQ, a Facility Management Software, raised a $7M round led by Vertex Ventures, Xplorer Capital, Bullpen Capital, Divergent Ventures and RoundTwo Capital.
  • Karius, a developer of a solution for infectious disease diagnostics, has raised $50M, led by Data Collective (DCVC) and Lightspeed Venture Partners, with participation from Tencent and Khosla Ventures. 
  • Healthy.io, a solution for turning smartphone cameras into clinical-grade medical devices, has raised a $12M round led by Quantum Pacific Ventures.
  • Brayola, an e-commerce platform for bras, has raised $2.5M round from The Firstime Fund, Ilan Shiloah, Nir Tralovsky, Jonathan Benartzi, and other private investors.
  • MedAware, a solution for the detection of prescription errors, has raised an $8M round with investments from Becton, Dickinson & Co, Gefen Capital, OurCrowd and Yingcheng City Fubon Technology Co.
  • Amenity Analytics, a developer of a platform for deriving insights from text, has raised $7.6M round led by State of Mind Ventures.
  • Mobility Insight, a developer of a vehicle fleet and transportation management solution, has raised a $3M round led by Champion Capital Group.


Series B Rounds

  • GuardiCore, a cyber security company providing network security solutions for software defined data centers, has raised $15M, led by TPG Growth and Greenfield Partners, with participation from Battery Ventures, 83North, Cisco Investments and Dell Technologies.
  • Proov, a proof of concept platform, has raised $14M round led by Helios Capital and Mangrove Capital Partners with participation from OurCrowd and Cerca Partners.
  • Amitree, a tool for real estate agents, has raised a $7M round led by Vertical Venture Partners, with participation from Accel Partners and Seven Peaks Ventures.
  • OryX Vision, a company developing Light Detection and Ranging systems for self-driving vehicles, has raised a $50M round led by Third Point Ventures and WRV.
  • Innoviz, another company developing Light Detection and Ranging system for self-driving vehicles, has raised $65M round led by Delphi Automotive and Magna International, along with other investors
  • Puls (previously CellSavers), an on-demand smartphone and tablet repair service, has raised $25M round led by Red Dot Capital Partners with participation from Samsung next, Maverick ventures, Kreos Capital, Sequoia Capital and Carmel Ventures
  • RescueDose, which has developed a compact robot system for dispensing liquid drugs for injection, has raised a $2.5M round led by ERA Brazil Israel


Growth/Miscellaneous Rounds

  • WeWork, a global co-working space giant has raised a massive $4.4B round from SoftBank Group, 
  • PrimaryData, an enterprise metadata engine, has raised $20M round from Pelion Venture Partners, Accel, Battery Ventures and other investors.
  • Eloxx, a company developing therapeutics for genetic diseases, has raised an $8M round led by LSP with participation from Pontifax VC, OPKO Health Inc., Quark, Catalyst, KIP, and additional private investors.
  • Signals Analytics, a system dedicated to driving product portfolio optimization, has raised $8M round led by Pitango Growth with participation by existing investors, Sequoia Capital and Qumra Capital.
  • Happify, a developer of behavioral health applications, has raised $9M round led by T Capital Partners.
  • Mapi Pharma, a developer of lifecycle management pharmaceuticals, has raised a $10M round from aMoon Fund, an Israeli firm founded by Marius Nacht and Dr. Yair Schindel.
  • Redis Labs, a database company that specializes in in-memory databases, has raised $44M round led by Goldman Sachs.
  • ScaleMP, a provider of virtualization solutions facilitating software based computing, has raised a $10M round led by Bank Leumi’s investment banking arm, Leumi Partners Ltd.


M&A and IPO

  • Pelarium, a social gaming company, was acquired by Aristocrat, one of the largest manufacturers of gaming solutions and poker machines in the world, for a reported $500M.
  • R2Net, providing solutions to transition bricks and mortar jewelry stores into e-commerce retailers, was acquired by Signet, world’s largest retailer of diamond jewelry, for a reported $328M
  • ZoomInfo, a B2B data platform was acquired by private equity firm Great Hill Partners for a reported $240M.
  • DoubleVerify, a provider of online media verification and campaign effectiveness solutions, was acquired by Providence Equity Partners for a reported $200M.
  • Luminati, a division of hola Networks and an IP proxy network for businesses was acquired by EMK CApital for a reported $200M.
  • DiP-Tech, a provider of solutions for digital printing on glass, was acquired by Ferro, a global supplier of technology-based functional coatings and color solutions, for a reported $80M.
  • Brenmiller Energy, a developer of hybrid energy sources like solar, biomass or any other heat source, for covering electric base load demands, has raised $15M on the Tel Aviv Stock Exchange (TASE).
  • Vbrand, a developer of an AI platform to measure brand exposure and impact in sports programming, was acquired by Nielsen, a global information, data and measurement company for an undisclosed amount.
  • Streetsmart,  a developer of a decision support system for drivers was acquired by Gett, a global ride sharing app was acquired for an undisclosed amount.
  • Unomy, a developer of sales and marketing intelligence platform, was acquired by WeWork, a global co-working space giant, for an undisclosed amount
  • Applause, a provider of digital experience quality tools, was acquired by Vista Equity Partners, for an undisclosed amount.

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