Welcome to the iAngels Monthly Deal Digest, a summary of movements in the Israeli startup market.

This February we tracked 27 announced deals totaling $600M, and 7 exits totaling in $2.6B.

IT & Enterprise Software was the leading sector in funds raised this month with DriveNets, a company that creates routing infrastructures that help customers to profit from 5G deployments and the rise of new low-latency AI applications, raising $110M in a Series A financing round co-led by Bessemer and Pitango; Redis Labs, the commercial provider of Redis, one of the world’s most popular in-memory database platforms, receiving $60M in a growth round led by Francisco Partners with the participation of Bain Capital, Dell, Viola, Goldman Sachs and InfoSys among others.

On the M&A side, we saw three large acquisitions including ZoomInfo, Attunity and Demisto. ZoomInfo, an automatic content generation systems platform, was acquired by DiscoverOrg for $800M. Attunity, a provider of information availability software solutions that enable access, sharing and distribution of data across enterprise platforms, organizations and the cloud, was acquired by QlikTech for $560M. Demisto, a security orchestration, automation and response platform, was acquired by Palo Alto Networks for $560M.

Read on for the full scoop!

February 2019 Investment Highlights

Seed Rounds


A Rounds


B Rounds

Growth/Miscellaneous Rounds

M&A and IPOs

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