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

This February we tracked 29 announced deals totaling approximately $742 Million, and 7 exits totaling approximately $2.28 Billion

Life Sciences and PropTech were the two top performing sectors this month. Karius, a life sciences company that is focused on conquering infectious diseases through the innovative use of next-generation sequencing to analyze microbial cell-free DNA, closed $165 Million in a series B financing round led by Softbank Vision Fund with participation from aMoon, Data Collective, General Catalyst, HBM, Innovation Endeavors, Khosla Ventures, Lightspeed, Spectrum 28 and Tencent Exploration. Veev, a company that brings an inventive spirit to the construction and real estate development, raised $97 Million in a series B financing round from Eclipse Ventures, Greenspring Associates, Khosla Ventures, Zeev Ventures and Lennar Ventures.

On the M&A side, two large acquisitions were made in the field of Enterprise Software and one large acquisition in the field of Life Sciences. ForeScout, a company that delivers pervasive network security by allowing organizations to continuously monitor and mitigate security exposures and cyber attacks, was acquired by Advent and Crosspoint Capital for $1.9 Billion. CyberX, a company that developed a system that provides protection to networks in factories and industrial control systems by analyzing current activity and anomaly detection through machine learning, was acquired by Microsoft for $150 Million. Further, Simplee, a company that empowers healthcare providers to engage patients as consumers and transform payment into a trusted, self-service experience, was acquired by Flywire for $100 Million.

February 2020 Investment Highlights

A Rounds 

B Rounds 

C Rounds 

Growth/Miscellaneous Rounds 

M&A and IPOs

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