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

This January we tracked 34 announced deals totaling $455.6M, and 6 exits totaling $401.1M.

IT & Enterprise Software was the leading sector this month. Globality, a company leveraging AI to revolutionize the way businesses buy and sell services, raised $100 million in a Series D financing round with participation from Raine Ventures, Softbank’s Vision Fund, THK Equites and private investors; and Cato Networks, a company that provides organizations with a cloud-based, secure, global SD-WAN, receiving $55 million in a Series C financing round led by Lightspeed with the participation of Aspect Ventures, Greylock, SingTel Innov9, USVP and private investors.

On the M&A side, we saw two larger acquisitions including Cloud Endure and Corephotonics. Cloud Endure, a company that provides disaster recovery and live migration for all applications, enabling enterprises to mobilize entire workloads with near-zero downtime and no data loss, was acquired by Amazon for $200 million. Corephotonics, a market leader in dual camera technologies for mobile devices, was acquired by Samsung for $155 million.

Read on for the full scoop!

January 2019 Investment Highlights

Seed Rounds

A Rounds

B Rounds

Growth/Miscellaneous Rounds

M&A and IPOs

On behalf of everyone at iAngels, I’d like to thank you for tuning in to our Israel Deal Digest. If you’d like to receive a version direct to your inbox, please subscribe below.

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Best,
Massimo

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