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

This July we tracked 34 announced investment rounds totaling $673 million, and 5 exits totaling $1.235 billion, including the acquisition of Datorama by SalesForce for $850 million and the acquisition of RedKix by Facebook for a reported $100 million. 


This was Also a good month for iAngels portfolio with the announcement of the investments in Skyline, PlainID, Arbe Robotics and Octopai, as well as the acquisition of Zooz by PayU for up to $80 million.

Read on for the full scoop!

 

July 2018 Investment Highlights

 

Seed Rounds

 

Series A Rounds

 

Series B Rounds

  • Next Insurance,  an online insurance platform providing tailored offerings to small businesses, has raised $83 million in a series B round of funding led by Redpoint Ventures, with participation from insurance giants such as Munich Re and Nationwide Insurance, as well as American Express Ventures, Ribbit Capital, TLV Ventures, and Zeev Ventures.
  • ObserveIT, a cyber defense system against threats from within a company, has closed a $33 million financing round from NightDragon Security, Spring Lake Equity Partners, and Bain Capital Ventures.
  • Dremio, a company offering tools that help streamline and curate enterprise data, has raised a $30 million investment round led by  Cisco Investments, with participation fro other investors.
  • Reali, a real estate platform that replaces traditional real estate transaction fees with a flat-fee model, has raised a $20 million Series B funding round led by Zeev Ventures, with participation from Signia Venture Partners and other investors.
  • Siemplify, a security orchestration platform, announced that it has raised $14 million in Series B financing round led by Jump Capital, and joined by existing investors G20 Ventures and 83North. 
  • Vectorious Medical Technologies, which developed a miniature implant for left-atrial monitoring to detect heart failure, has extended their round raised in March with an additional $2 million investment from  Fresenius Medical investment arm. 

 

 

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,
Avi

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