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iAngels Israeli Deal Digest – January 2020

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

This January we tracked 31 announced deals totaling approximately $479 Million, and 8 exits totaling approximately $1.97 Billion

Life Sciences and FinTech  were the two top performing sectors this month. Emendo, a biotherapeutics company that develops next generation gene editing tools for genetic disorders, closed $61 Million in a series B financing round led by AnGes with participation from OrbiMed Israel, Takeda Ventures and Private Investors. Nayax, a fintech company that sells cashless products for the vending and unattended retail industry, received $60 Million in a series C financing round from an undisclosed American fund. On the M&A side, two large acquisitions were made in the fields of Enterprise Software and Communications. Armis, a company that provides a security platform to address the new threat landscape of unmanaged loT devices, was acquired by CapitalG and Insight Partners for $1.1 Billion. Further, Gilat Satellite, a company that provides end-to-end satellite-based broadband communications solutions, was acquired by Comtech for $579 Million.

January 2020 Investment Highlights

Seed Rounds 

  • Nuweba, an ultra-fast and highly-secure serverless platform, closed $5.4 Million in a seed round led by Blumberg Capital with the participation of Magma, Target Global and Private Investors.
  • IMedis, a company that develops life-saving medical software systems that quickly and efficiently analyzes medical imaging, raised $1.3 Million from Private Investors via the ExitValley equity crowdfunding platform.

A Rounds 

  • Aquant, a company that assists service organizations to maximize their product uptime, closed $30 Million in a series A financing round led by Insight Partners with the participation of Angular Fund, Lightspeed, SilverTech Ventures and WTV.
  • Epsagon, a company that focuses on automated tracing for cloud microservices, received $16 Million in series A financing led by USVP and accompanied by StageOne, Lightspeed and a Private Investor.   
  • Bond, a company that offers brands the most advanced and personalized post-purchase solutions, same-day delivery, and scheduled returns, raised $15 Million in a series A financing round from Lightspeed, MizMaa Ventures and TLV Partners Fund.
  • Pecan, a company that automates the entire predictive analytics process, significantly reducing time-to-model from months to days, collected $15 Million in a series A financing round led by Dell Capital with assistance from S Capital and Private Investors.
  • Jolt, a company that provides a flexible and cost-effective alternative to traditional MBA programs, raised $14 Million in a series A financing round co-led by Balderton Capital, Hillsven, Octopus Ventures and accompanied by 2B Angels, PICO Partners, Tank Hill Ventures, UpWest and a Private Investor.
  • Placer.ai, a company that allows anyone with a stake in the physical world to instantly generate insights into any property for a deeper understanding of the factors that drive success, received $12 Million in a series A financing round led by JBV Capital with participation from Aleph, Array Ventures, IrishAngels Ventures OCA Ventures, Reciprocal Ventures, Recursive Ventures, Stage Venture Partners and Private Investors. 
  • HelpAround, a company that aims to help chronic patients and their support systems, simplify day-to-day struggles through their smartphones, raised $6 Million in a series A financing round led by IQVIA and accompanied by PharMedQuest, Vodia Ventures, Windham Venture Partners, Zora Ventures SPV and private investors. 
  • ClariFruit, a company that has discovered a simplified approach for measuring fruits and vegetables ripeness quality, freshness, durability and taste, raised $6 Million  in a series A financing round led by Firstime with participation from Private Investors.
  • Vicarius, a cybersecurity company that aims to empower companies with proactive attack mitigations strategies for software vulnerabilities in real-time, closed $5 Million in a series A financing round led by JVP with participation from Global Investments and innogy Innovation Hub Israel.
  • Stoa, a company that is a one-stop-shop for real estate developers specializing in short term refurbishment, received $4 Million in a series A financing round led by BRM Group and helped by FTAC.
  • Ubeya, a company that developed a platform for managing seasonal or temporary employees in the business model of a catering company, raised $3.5 Million in a series A financing round led by ICV Partners with participation from 500 Startups, CornerStoneOnDemand, Magma and Private Investors. 
  • Butterfly Medical, a company that develops an innovative, implantable device for the treatment of Benign Prostatic Hyperplasia, closed $2 Million in a series A financing round by Private Investors. 
  • Blue White Robotics, a company that  is a provider and operator of unmanned systems, raised $1 Million in a series A financing round by Private Investors.

B Rounds 

  • Emendo, a biotherapeutics company that develops next-generation gene-editing tools for genetic disorders, closed $61 Million in a series B financing round led by AnGes with participation from OrbiMed Israel, Takeda Ventures and Private Investors.
  • NanoX, a company that is developing a commercial-grade digital X-ray source designed to be used in real-world medical imaging applications, received $26 Million in a series B financing round from Foxconn, Oxen9, SK Telecom Ventures, Fuji and Private Investors.
  • Iguazio, a company that digitally transforms businesses by analyzing data from a variety of sources to create actionable insights and artificial intelligence, raised $24 Million in a series B financing round led by INCapital with participation from CME Ventures, Dell Capital, JVP, Kensington Capital Partners, Magma, Pitango, Plaza Ventures, Robert Bosch Venture Capital, Samsung Ventures, Silverton Capital Ventures and Verizon Ventures. 
  • RadiAction, a company that is developing a radiation shield to enable a significant reduction in the total radiation exposure to physicians and medical staff, closed $18 Million in a series B financing round led by InnovaHealth Partners accompanied by Boya Capital, HighGround Tairun, SV Tech Ventures and Private Investors.
  • Intezer, a company that replicates the concepts of biological immune systems into cybersecurity offering enterprises threat detection and accelerated responses, collected $15 Million in a series B financing round led by OpenView with help from Magma, Samsung Next, Intel Capital, undisclosed American investors and Private Investors. 
  • CLEW Medical, a real-time AI analytics platform designed to help providers make better informed clinical decisions, raised $10 Million in a series B financing round led by Pitango with participation from Agate-JT Healthcare Fund, Relyens, Rhoen Innovations and Private Investors. 
  • SeaLights, a company that is developing a cloud-based continuous testing platform, closed $8.6 Million in a series B financing round led by Cisco Investments with assistance from Blumberg Capital, TLV Partners, Wipro Ventures and Private Investors.

C Rounds 

  • Nayax, a fintech company that sells cashless products for the vending and unattended retail industry, received $60 Million in a series C financing round from an undisclosed American fund.  
  • Verbit, a software company that captures solutions by using AI to provide the highest accuracy and fastest turnaround time for low costs, raised $31 Million in a series C financing round led by Stripes accompanied by Bouaziz & Partners, HV Holtzbrinck Ventures,Oryzn Capital, Sarona Ventures, Vertex, Vintage, Viola Ventures and ClalTech.  
  • Trusona, a company that specializes in identity authentication, closed $20 Million in a series C financing round led by Georgian Partners with help from FoundersPad, KPCB, Akamai, M12, OurCrowd, Seven Peaks Ventures and Private Investors. 
  • Grid4C, an iAngels portfolio company that develops AI and machine learning solutions to extract maximum business value out of smart meters, while delivering predictive energy insights for energy providers, collected $6 Million in a series C financing round from iAngels, Axess Ventures, Engie Ventures, ICV, Util-Assist and Private Investors.

Growth/Miscellaneous Rounds 

  • Kamada, a biopharmaceutical company that specializes in the development, manufacture and marketing of proteins as pharmaceuticals, raised $25 Million from FIMI.
  • Dragontail, a company that develops and markets software solutions, designed to optimize delivery management at fast-food restaurants, received $20 Million from Eldridge Industries, Goudy Park Capital and Alceon.  
  • Wize Pharma, a company that is focused on the treatment of ophthalmic disorders, closed $7.5 Million from Rimon Gold and a Private Investor.
  • BonUs, a biotechnology company that applies innovative technology to generate viable tissue-regenerating bone grafts, closed $7.4 Million from Wize Pharma.
  • ScoutCam, a company that specializes in developing minimally invasive endosurgical tools and highly innovative imaging solutions, received $3.3 Million from an undisclosed investor.  

M&A and IPOs 

  • Armis, a company that provides a security platform to address the new threat landscape of unmanaged loT devices, was acquired by CapitalG and Insight Partners for $1.1 Billion.
  • Gilat Satellite, a company that provides end-to-end satellite-based broadband communications solutions, was acquired by Comtech for $579 Million.
  • Ilyon, a company that specializes in social mobile games, was acquired by Miniclip for $100 Million
  • Content IQ, a company that developed a platform that allows content sites and advertisers to monitor the effectiveness of adverts that are advertised on sites,  was acquired by Perion Network for $73 Million
  • Loom Systems, a company that developed cloud-based software that enables automatic analysis of alerts and logs from all enterprise systems, was acquired by ServiceNow for $70 Million.
  • Segasec, a cyber-security company that provides end-to-end digital threat protection against customer hijacking attacks that originate in blind spots, was acquired by Mimecast for $40 Million
  • Smartair, an online marketplace company that connects travel suppliers with travelers who can easily plan their trip in one single platform, was acquired by Talma Travel for $11.5 Million
  • Brayola, a company that specializes in online lingerie retailing that helps shoppers find better-fitting bras, was acquired by Delta Galil for $1.1 Million

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

 

Best,
Massimo

Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.

iAngels Israeli Deal Digest – December 2019

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

This December we tracked 34 announced deals totaling approximately $974m, and 5 exits totaling $2.48bn

E-commerce and semiconductors were the leading sectors this month. Vroom, an online dealer of used cars, raised $254 Million led by Durable Capital Partners with the participation of AutoNation, Detroit Venture Partners, FMC Capital, General Catalyst, L Catterton, PICO Partners and T. Rowe Price. Vayyar, a company that develops 4D imaging sensors, raised $109 Million co-led by KdTVC and Regal with further participation of Amiti Ventures, Battery Ventures, Bessemer, ClalTech, Glory Ventures, ICV, ITI, WRVI and private investors. 

On the M&A side, two large acquisitions were made in the fields of enterprise software and MedTech. Habana, a company that develops AI processors for deep learning processing, was acquired by Intel for $2 Billion. Further, 6over6, a company that develops applications to serve as DIY optometry tools, was acquired by 1-800 Contacts for $105 Million.

December 2019 Investment Highlights

Seed Rounds

  • Vocalis Health, a vocal biomarker company that leverages AI-based voice analysis to monitor health, raised $9 Million in a seed financing round from aMoon Velocity.
  • NanoGhosts, a company that turns stem cells into a drug delivery system that targets cancerous tumors, raised $5 Million from aMoon Velocity and private investors. 
  • Whizar, a company that uses AI to help online travel agencies collect money, raised $2.7 Million in a seed round led by ANNA and with the participation of Talma Travel and private investors.  
  • My-Bis, an iAngels portfolio company that produces personalized functional food, raised $1 Million in a seed round led by iAngels with the participation of TAU Ventures and other private investors.

A Rounds

  • Panorays, a cybersecurity company that provides automated third-party security management services, closed $15 Million in a series A financing round led by Oak HC/FT Partners with the participation of Aleph, Elevator Ventures and other private investors. 
  • Sproutt, a company that provides a life insurance comparison platform, received $12 Million in series A financing from GIS Strategic Ventures, Moneta Capital and State of Mind Ventures. 
  • Coralogix, a company that turns cluttered log data into a meaningful set of templates and flows, raised $10 Million in a series A financing round led by Aleph with the participation of 2B Angels, Janvest, StageOne, and Taya Ventures. 
  • Rezilion, a company that provides a cloud security solution for workload protection, raised $8 Million in a series A financing round led by JVP Cyber Labs and with the participation of Kindred Capital, LocalGlobe, Samsung Next and other private investors. 
  • Satori Cyber, a company that provides data-flow visibility with transparent, secure and compliant data access across all data stores, closed $5.25 Million in a series A financing round from YL Ventures and other private investors. 
  • Copilot, a company that enables consumer electronics companies to foster one-to-one connections with their end-users, received $5 Million in series A financing led by JVP and other private investors. 
  • LitiGate, a company that develops a claim analysis solution for litigators’ daily work, raised $3.5 Million in a series A round led by Brighteye Ventures with the participation of Firstime and Rhodium.
  • Ettorney, an online platform for legal services, closed $1 Million in series A financing from AltalR capital and private investors.  

    B Rounds

    • Gloat, an AI-powered internal talent marketplace, closed $25 Million in a series B financing round led by Eight Roads and with the participation of Communitas, Intel, Magma, Pico Partners and WElborn Ventures.  
    • Raziel Therapeutics, a company that develops a proprietary drug for the treatment of local fat reduction, received $22 Million in series B financing led by Pontifax with the participation of Catalyst CEL, Docor, Peregrine, Pontifax, Quark and other private investors. 
    • Cymulate, a company that provides a cloud-based cyber-attack simulation solution, raised $15 Million in a series B financing round from Dell Capital, Susquehanna, Vertex and a private investor. 
    • Metabomed, a drug discovery company in the field of cancer metabolism, raised $12.5 Million in a series B financing round led by Yonjin Capital with the participation of Arkin Bio Ventures, Boehringer Ingelheim, M Ventures, Pfizer and Pontifax. 
    • Motionize (previously PlayerMaker), a company that develops body motion tracking devices, received $10 Million in series B funding led by FengHe with the participation of private investors. 
    • Perimeter 81, a company that secures the access to local networks, cloud infrastructure and business applications with one unified platform, closed $10 Million in a series B financing round led by SonicWall with the participation of JAL and Spring Ventures as well as other private investors.
    • Loom Systems, a company that provides an AI-based platform for IT and DevOps teams to predict issues in applications and infrastructure, raised $10 Million in a series B financing round led by Flint Capital with the participation of 31Ventures, Global Brain, JVP and Meron Capital.

      C Rounds 

      • Gong.io, a company that develops a call monitoring and analytics software for inside sales teams, raised $65 Million in a series C financing round led by Sequoia Capital with the participation of Battery Ventures, Cisco Investments, NextWorld, NVP, Wing Ventures and private investors.
      • BigPanda MS, a company that helps IT teams to simplify and automate incident management, raised $50 Million in a Series C financing round led by Insight Partners alongside Battery Ventures, Greenfield Partners, Mayfield Fund, Pelion Fund and Sequoia Israel. 
      • Superpedestrian, a transportation robotics company that develops core technologies for micro-mobility, raised $20 Million in a series C financing round from Empire Angels, General Catalyst, Hanaco VC, OurCrowd and Spark Capital. 
      • Rapyd, a FinTech-as-a-service platform that provides APIs that help integrate local payments and FinTech capabilities, received $20 Million in series C financing led by Oak HC/FT Partners with the participation of Coatue Management, Entree Capital Israel, General Catalyst, Ignia, Stripe, Target Global, Tiger Global and private investors. 
      • Traffilog, a company that provides telematics-based fleet and asset management solutions, raised $12 Million in a series C financing round from Tene. 
      • Pixellot, a company that provides automated sportscasting solutions that enable broadcasters to produce high-quality game and player videos, closed $3.3 Million in a series C financing round from Globo Ventures. 

      Growth/Miscellaneous Rounds

      • Vroom, an online dealer of used cars, raised $254 Million led by Durable Capital Partners with the participation from AutoNation, Detroit Venture Partners, FMC Capital, General Catalyst, L Catterton, PICO Partners and T. Rowe Price.
      • Vayyar,a company that develops 4D imaging sensors, raised $109 Million co-lead by KdTVC and Regal with further participation from Amiti Ventures, Battery Ventures, Bessemer, ClalTech, Glory Ventures, ICV, ITI, WRVI and private investors.
      • WalkMe, a company that enables website owners and app developers to easily create multiple interactive on-screen walk-throughs’ that help users to quickly and easily complete complex tasks, raised $90 Million in a growth round from BxWorld, D5 Capital, EDBI, Flint Capital, Gemini, Giza, Greenspring Associates, Insight Partners, Mangrove, Scale VP and Vituvian Partners. 
      • Gelesis, a company that develops technologies for the treatment of obesity and other unmet medical needs, raised $84 Million in a growth round led by Vitruvian Partners with the participation of Invesco, LaunchCapital, Pritzker Group, PureTech Ventures and Cormorant.
      • Arbe, an iAngels portfolio company that designs and builds a radar-based collision avoidance system for autonomous cars, drones & robots, closed $32 Million in a growth round from iAngels, 360 Capital Partners, AI Alliance, BAIC Capital, BxWorld, Canaan Israel, Catalyst, Maniv Mobility, MisionBlue Capital, Next Gear Fund, OG Tech Fund, OurCrowd, RIO and Taya Ventures. 
      • REE, a company that develops a flat and modular chassis, raised $21 Million in a growth round from Hachshara insurance and Meitav Dash. 
      • DarioHealth, a company that provides a mobile diabetes management platform, received $21.3 Million from private investors. 
      • Cannbit, a company that produces cannabis for medical use, raised $7.6 Million from private investors. 
      • OTI, a company that enables cashless payment with telemetry management, received $2.5 Million from institutional investors. 

      M&A and IPOs

      • Habana, a company that develops AI processors for deep learning processing, was acquired by Intel for $2 Billion.
      • 6over6, a company that develops applications to serve as DIY optometry tools, was acquired by 1-800 Contacts for $105 Million.
      • Indegy, an industrial cybersecurity company that protects the industrial control system (ICS) networks from cyber threats, malicious insiders and human errors was acquired by Tenable for $78 Million
      • Biological Industries, a company that provides life science services with a focus on cell culture media development and manufacturing, was acquired by Sartorius for $50 Million
      • Protego, a company that helps organizations to achieve control over the security of their applications, was acquired by Check Point for $40 Million

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

         

        Best,
        Massimo

        Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.

        iAngels Israeli Deal Digest – November 2019

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

        This November we tracked 25 announced deals totaling approximately $832m, and 7 exits totaling $2.48bn

        Semiconductors and Enterprise Software were the leading sectors this month. Riskified, an eCommerce fraud management company trusted by hundreds of global brands, raised $165 Million in a growth round led by General Atlantic with the participation of C4 Ventures, Capital One Growth Ventures, Entree Capital, Fidelity, Founder Collective, Genesis, Kreos Capital, NTT DOCOMO Ventures, Pitango Growth, Qumra Capital, T5 Capital and Winslow Capital. In addition, Vayyar Imaging, a global leader in 4D radar imaging technology, providing affordable, highly advanced sensors to a wide variety of industries, raised $109 Million in a growth round co-led by Regal Four and KdTVC with the participation of Amiti Ventures, battery Ventures, Bessemer, ClalTech, Glory Ventures, ICV, ITI Fund, WRVI and a private investor. 

        On the M&A side, a large acquisition was made in the MedTech field. Lumenis, a company that has developed minimally-invasive clinical solutions for the surgical, ophthalmology and aesthetic markets was acquired for $1.2 Billion by Baring Private Equity. In addition, two large scale acquisitions were made in the enterprise software field. ECI Telecom, a company that delivers ELASTIC network solutions to service providers, utilities and data center/cloud providers, was acquired by Ashmore Group for $486 Million. Further, Crossix Solutions, a company that has developed technology to enable real-time measurement and optimization of complex, cross-channel media campaigns aimed at patients and healthcare professionals, was acquired by Veeva for $430 Million

        November 2019 Investment Highlights

        A Rounds

        • DoiT International, a leading provider of proprietary public cloud optimization and operations software and public cloud expertise, raised $100 Million in a Series A financing round from Charlesbank Technology Opportunities Fund. 
        • CyCognito, a company developing a platform that provides organizations with a complete attack surface analysis from a sophisticated attacker’s point of view, raised $18 Million in a Series A financing round led by Lightspeed with the participation of Amiti Fund, BNSG Capital, Sorenson Capital, UpWest and additional private investors. 
        • ZecOps, a startup delivering a realistic take on cyber security with the first agentless cross-platform digital forensics and incident response (DFIR) platform, raised $10 Million in Series A financing from Array Ventures, CEAS Investments, Evolution Equity Partners, Jigsaw, KPN Ventures, Plug & Play, Stormbreaker Venture Group, WISE Ventures and a private investor.  
        • Viisights Solutions, a provider of behavioural understanding systems for real-time video intelligence, raised $10 Million in Series A financing led by Awz HLS with the participation of AltalR Capital, Firstime, LETA Capital, Maxfield Capital and an undisclosed investor. 
        • Coralogix, a company developing open source code and cloud computing, closed $10 Million in Series A funding led by Aleph with the participation of 2B Angels, Janves, Stageone and Taya Ventures. 
        • CreditStacks, a company that offers premium credit cards without the need for SSN or credit history to apply, raised $10 Million in Series A financing led by Strathmore Group with the participation of 500 Startups Fund, Clear Future company, Off the Grid Fund, Plug & Play, VU Venture Partners and private investors. 
        • Refundit, a company whose aim is to revolutionize tax free shopping, making the process easier and more efficient, raised $10 Million in a Series A financing round led by Amadeus Ventures with the participation of Ataria, Portugal Ventures and additional private investors. 
        • Hallura, a company that has developed a novel crosslinking technology, answering the growing demand for natural and soft non-invasive aesthetic treatments, raised $7 Million from private Investors. 
        • Cyber Sepio Systems, a cybersecurity company that uncovers hidden hardware attacks, raised $6.5 Million from EDP Ventures, Hanaco VC, Merlin Ventures, Mindset Ventures and PICO Partners fund. 
        • Track160, a startup that provides an AI solution to the emerging field of sports information analytics, raised $5 Million led by ADvantage Sports Tech Fund alongside with Deutsche Fussball Liga, REDDS Capital and other private investors.  
        • ProteKt Therapeutics, a drug development company aiming to develop potent and selective oral inhibitors of the kinase PKR for the treatment of neurodegenerative and neuroinflammatory diseases, raised $3.6 Million from Bukwang Pharmaceutical, Fonds de Solidarite, FutuRx, Johnson & Johnson, OrbiMedisrael, RMGP Biopharma fund and Takeda Ventures. 

        B Rounds

        • Papaya Global, a company that provides enterprises with a global, cloud-based SaaS platform to automate payroll and workforce management, raised $45 Million in a B round led by Insight Partners and with the participation of Bessemer Fund, Dynamic Loop Capital, New Era Capital Partners Fund and numerous private investors. 
        • Cymulate, a company that challenges security controls by initiating thousands of attack simulations, showing exactly where the users are exposed and how to fix it, making security continuous, fast and part of every-day activities, raised $15 Million in a B financing round from Dell Capital, Susquehanna, Vertex Growth, Vertex and a private investor.
        • Perimeter 81, a zero trust network as a service designed to simplify secure network, cloud and application access for the modern and distributed workforce, raised $10 Million in Series B financing led by SonicWall with the participation of JAL Ventures Fund, Spring Ventures and private investors. 
        • Loom Systems, a company that delivers an AIOps-powered log analytics solution, raised $10 Million in a B round led by Flint Capital with the participation of 31Ventures, Global Brain Fund, JVP and Meron Capital fund. 
        • Pcysys, a company that delivers an automated penetration-testing platform that assesses and reduces corporate cybersecurity risks, raised $10 Million led by Awz HLS Fund with the participation of Blackstone Fund and Blum & Blum Investments Fund. 

        C Rounds 

        • BigPanda MS, a company that enables enterprise IT to automate and scale service operations to meet the complex demands of the modern datacenter, raised $50 Million in Series C financing led by Insight Partners alongside with Battery Ventures, greenfield Partners, Mayfield Fund, Pelion Fund and Sequoia Israel.
        • Superpedestrian, a transportation robotics company developing core technologies for micro-mobility, raised $20 Million in Series C financing from Empire Angels, General Catalyst, Hanaco VC, OurCrowd and Spark Capital. 
        • Biz-Effective (Centrical), a comprehensive workforce performance management platform using enterprise gamification, raised $13 Million led by Aleph with the participation of 2B Angels, CE Ventures, Eshbol, JVP, La Maison, Shared Ventures, Vernit and Adler chomski Advisory company. 

          Growth/Miscellaneous Rounds

          • Riskified, an eCommerce fraud management company trusted by hundreds of global brands, raised $165 Million in a growth round led by General Atlantic with the participation of C4 Ventures, Capital One Growth Ventures, Entree Capital, Fidelity, Founder Collective, Genesis, Kreos Capital, NTT DOCOMO Ventures, Pitango Growth, Qumra Capital, T5 Capital and Winslow Capital.
          • Vayyar Imaging, a global leader in 4D radar imaging technology, providing affordable, highly advanced sensors to a wide variety of industries, raised $109 Million in a growth round co-led by Regal Four and KdTVC in additional participation of Amiti Ventures, battery Ventures, Bessemer, ClalTech, Glory Ventures, ICV, ITI Fund, WRVI and a private investor.
          • BlueVine, a company empowering small businesses with innovative banking solutions, raised $103 Million in a growth round led by ION Crossover Partners Fund with the participation of Citi Ventures, Correlation Ventures, Greylock Israel, Kima Group, Lightspeed Fund, Maor, Menlo Ventures, MUFG Innovation Partners, Nationwide Ventures, OG Tech, Rakuten FinTech Fund, SVB Financial Group, Vintage and a private investor.
          • XACT Robotics, a company pioneering a hands-free robotic system combining image-based planning and navigation with instrument insertion and steering capabilities, to democratize percutaneous interventional procedures, raised $36 Million in a growth round from Chasing Value Asset Management, MEDX Ventures Group and other private investors. 
          • Insights Cyber Intelligence, a company developing an all-in-one external threat protection platform designed to neutralize cyberattacks outside the wire, raised $30 Million led by Qumra Capital with the participation of Blackstone, Blumberg Capital, ClearSky Fund, Glilot Capital, Tola Capital, Vintage, Wipro Ventures and private investors.
          • Venus Concept, a developer and manufacturer of devices for the medical aesthetic market, raised $28 Million from EW Healthcare Partners, HealthQuest Capital, SEDCO Capital and an undisclosed investor.

          M&A and IPOs

          • Lumenis, a company that has developed minimally-invasive clinical solutions for the surgical, ophthalmology and aesthetic markets, was acquired for $1.2 Billion by Baring Private Equity. 
          • ECI Telecom, a company that delivers ELASTIC network solutions to service providers, utilities and data center/cloud providers, was acquired by Ashmore Group $486 Million.
          • Crossix Solutions, a company that has developed technology to enable real-time measurement and optimization of complex, cross-channel media campaigns aimed at patients and healthcare professionals, was acquired by Veeva for $430 Million
          • ObserveIT, a company that provides an insider threat management platform, was acquired by Proofpoint for $225 Million.
          • 89bio, a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardio-metabolic diseases, was acquired for $85 Million.
          • Clear Genetics, an iAngels portfolio company that has developed a patient-centric software to thoughtfully integrate genetics into routine patient care, was acquired by Invitae for $50 Million
          • Cymplify Security, a company that has developed a technology for securing Internet devices and finding vulnerabilities, was acquired by CheckPoint for $5 Million.

           

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

               

              Best,
              Massimo

              Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.

              iAngels Israeli Deal Digest – October 2019

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

              This October we tracked 36 announced deals totaling approximately $480 Million, and 6 exits totaling $402 Million

              FinTech and MedTech were the leading sectors this month. Next Insurance, a company that provides coverage for entrepreneurs and small businesses, using artificial intelligence and machine learning technologies to tailor insurance policies to its customers, has raised $250 Million in a growth round from Munich Re Ventures. Rapyd, a company that developed a payment service that enables the transfer of electronic funds across borders through bank transfers, digital wallets, cash and other means of payment, completed a $100 Million Series C funding round led by Oak HC/FT Partners along with participation of Entree Capital Israel, General Catalyst, Ignia, Stripe, Target Global, Tiger Global and private investors. 

              On the M&A side, we saw two larger acquisitions both in the MedTech field –  Eximo Medical and Av Medical. Eximo Medical, a company that developed a laser-based catheter device used for the treatment of occlusive peripheral arterial disease (PAD), was acquired by AngioDynamic Inc for $46 Million. Av Medical, a company that developed catheters for dialysis patients undergoing routine angioplasty procedures, was acquired by Medtronic PLC for $30 Million

              October 2019 Investment Highlights

              Seed Rounds

              • Hi Auto, a company that is developing audio-visual speech enhancement that eliminates the most challenging noises, closed $4.5 Million in seed funding from Allied Holdings, Goldbell Investments, Plug & Play and a private investor.
              • Flip Fit, a social shopping platform blending the power of social media with the buying appeal of e-commerce, has received $3.75 Million in seed funding, led by a private investor, loll and TLV Partners Fund. 
              • Hunterz, a global freelancing platform that connects vendors with enterprises, utilizing individuals within the organizations, has raised $3 Million in seed funding led by ICONYC, a private investor and TLV Partners Fund.  
              • Castor, a company that provides a support system to fully utilize the benefits of industrial 3D printing, has raised $2 Million led by Evonik Venture Capital. 
              • RetiSpec, a medical imaging company developing a tool for early detection of Alzheimer’s disease biomarkers in the eye, has received $0.5 Million from the Alzheimer’s Drug Discovery Founders including an R&D grant. 

              A Rounds

              • Duality, a company developing innovative technology to empower Secure Digital Analytic Collaboration applying advanced analyses and Artificial Intelligence to data while it is encrypted, closed $16 Million in Series A funding led by Intel Capital with the participation of Hearst Ventures and Team8.
              • Future Meat, a biotechnology company advancing a distributive manufacturing platform for the cost-efficient, non-GMO production of meat directly from animal cells, without raising or harvesting animals, has raised $14 Million in a Series A financing round. The round was led by S2G Ventures with the participation of Agrinnovation VC, Bits x Bites, Emerald Technology Ventures, HB Ventures, Manta Ray Ventures, Neto Group, Tyson Ventures and a private investor.  
              • Firedome, developing a software-only solution for IoT manufacturers to protect their device fleets, raised $10 Million in a Series A financing round led by Two Sigma with the participation of WTV, SilverTech Ventures and private investors. 
              • Become, an iAngels portfolio company, which nurtures businesses throughout the funding cycle, has raised $10 Million in Series A funding co-led by Benson Oak Ventures and Magenta Venture Partners Fund alongside the fund participation of iAngels Crowd, Entree Capital Israel and RIO.
              • Mogimo Inc. (HYPR), a data-driven influencer marketing platform letting brands and agencies strategize, manage and scale their influencer campaigns, has raised $8 Million in a Series A financing round from Bank Mizrahi Tefahot, Klingenstein, Fields & Co, Sapir Venture Partners, SilverTech Ventures, Star Farm Ventures and WTV. 
              • Waycare, a company enabling cities to take full control of their roads by harnessing in-vehicle information and municipal traffic data for predictive insights and proactive management optimization, closed $7.3 Million in a Series A financing round led by SJF Ventures and with the participation of Goldbell Investment, Innogy Innovation Hub Israel, Janom, Next Gear Fund, Spider Capital, UpWest and Zymestic Solutions. 
              • Tonkean, a company developing a business intelligence solution for discovering business insights, has raised $7.2 Million in a Series A financing round by Foundation Capital, Magma and Slow Ventures. 
              • Axilion, a company that harnesses AI technology that transforms traffic signals into a dynamic and adaptive traffic network, has raised $6 Million in Series A funding by private investors. 
              • Workiz, a company that creates a simple solution for managing service businesses from any device, allowing scheduling and job management with an easy to use calendar, raised $5 Million in Series A financing led by Magenta Venture Partners Fund along with Aleph and TMT Investments. 
              • The Jones Agency, a company developing an insurance management software platform for commercial real estate companies, closed $4.6 Million in a Series A financing round by 500 Startups, Ground Up Ventures, Hetz Ventures, JLL Spark, MetaProp Ventures, WeWork and private investors. 
              • SafeHouse Technologies, a proactive military-grade security company that developed core technology in the cloud which acts as a filter between the user and the Internet, has raised $2.84 Million in Series A funding led by Barclays Ventures with the participation of TechStars. 
              • Viridix, a company that helps farmers make data-driven decisions by gathering data at multiple locations in the field and uploading it to the cloud for further analysis, raised $2.35 Million in Series A funding led by the Israel-Colorado Innovation Fund alongside with AltalR Capital and other private investors. 
              • Voca.ai, a company developing a human-friendly agent that reduces the size and costs of call centers while increasing customer satisfaction, has received $0.9 Million in a Series A financing round by Amex Ventures. 

              B Rounds

              • Fabric, a company that specializes in establishing robotic logistics centers for streamlining goods delivery, has raised $110 Million in Series B financing led by Corner Ventures with the participation of Aleph, CPPIB, Innovation Endeavors, La Maison, Microsoft ScaleUp, Playground Global LLC, Temasek Holdings and private investors. 
              • Adicent Bio, a pre-clinical stage biotechnology company engaged in the development of immunotherapies for cancer and other diseases, has raised $80 Million in Series B financing from aMoon, Johnson & Johnson, Novartis Venture Fund, OrbiMed, Pontifax, Regeneron Pharmaceuticals and Samsung Ventures. 
              • Viz Ai, a company using artificial intelligence and deep learning algorithms to analyze medical data and detect large vessel occlusion strokes and improve medical workflow, has received $50 Million in a Series B financing round led by Greenoaks Capital and in participation of AME Cloud Ventures, CRV, DHVC, GV, KPCB, Innovation Endeavors, Susa, Techammer, Threshold Ventures and a private investor.  
              • Upstream Security, a company that develops cloud-based security technologies that offer data protection, anomaly detection and real-time analytics against cyberattacks on connected cars, raised $30 Million in Series B financing led by Alliance Ventures along with the participation of CRV, Glilot Capital, Hyundai Autoever, Maniv Mobility, Nationwide Ventures and Volvo Cars Tech Fund. 
              • Stampli, a cloud-based interactive invoice management software that streamlines the entire accounts payable process by fixing the communication breakdown, has received $25 Million in Series B funding led by SignalFire and with the further participation of Bloomberg Beta, Hilsven, NextWorld and UpWest.  
              • ControlRad, a company working to reduce radiation exposure during fluoroscopy has picked up $15 Million in Series B financing led by Questa Capital and with the participation from Jennison Associates, Mendham and private investors. 
              • Folloze, a prospect engagement platform in which sellers and marketers can rapidly build and share content capturing key analytics about their buyers’ interests, raised $11 Million in a Series B financing round led by BGV, with participation from Canvas Ventures, Cervin Ventures, Grayhawk Ventures, NEA, TriplePoint Ventures and SVB. 
              • OpenLegacy, a company accelerating the legacy API integration from 6 months to hours, raised $10 Million in a Series B financing round led by Silverhorn Investments, with participation from C. Entrepreneurs, Commerz Ventures, Leumi Partners, OG Tech, PRYTEK and RDC. 
              • 3DSignals, a company developing software that uses sensors to monitor the performance of industrial equipment and provides real-time diagnostics and insights, raised $8.5 Million in a Series B financing round led by Mercura Capital, with participation from DIVE digital, Dor Engineering, Grove Ventures and State of Mind Ventures. 
              • Talenya, a company that has developed bots powered by AI, which serve as virtual recruiters for open talent roles from hundreds of online sources, raised $6.5 Million in Series B financing led by Ibex Israel Fund and participation of Gal Ventures and lool. 
              • DayTwo, a company that has developed a microbiome human discovery platform that offers a glycemic control solution for people with type II diabetes, has raised $5 Million in Series B financing led by Longliv Ventures and with the participation of Cathay Innovation and Samsung NEXT. 
              • Paygilant, a fraud protection company for mobile payments, raised $0.75 Million from Connecticut Innovations as part of a larger investment round being raised in this period.  
              • EyeControl, a company creating an innovative communication device for individuals who suffer from complete paralysis, received $0.75 Million from Connecticut Innovations as winners of VentureClash Global Challenge. 

              Growth/Miscellaneous Rounds

              • Next Insurance, a company that provides coverage for entrepreneurs and small businesses, using artificial intelligence and machine learning technologies to tailor insurance policies to its customers, has raised $250 Million in a growth round from Munich Re Ventures. 
              • Rapyd, a company that develops a payment service that enables the transfer of electronic funds across borders through bank transfers, digital wallets, cash and other means of payment, completed a $100 Million Series C funding round led by Oak HC/FT Partners alongside the participation of Entree Capital Israel, General Catalyst, Ignia, Stripe, Target Global, Tiger Global and private investors. 
              • Namogoo, a company developing a customer hijacking prevention technology which identifies and blocks unauthorized ads injected into consumer web sessions, raised a $40 Million Series C financing led by Oak HC/FT Partners with the participation of 83North, Adler Chomski, Blumberg Capital, Founders Guild, GreatPoint Ventures, Hanaco VC, Inimiti, PICO Partners, Synapse Partners and Tectonic Capital. 
              • Idomoo, a company offering a complete suite of tools for creating, displaying and distributing data-driven customized videos, closed $18 Million co-led by Disruptive Technologies Fund and Target Global and with the participation of GEOC and other private investors. 
              • Tactile Mobility, a company leveraging augmented visual sensing to feed automotives’ onboard computers with actionable insights to optimize driving decisions in real-time, raised $9 Million with the participation of Porsche Ventures, BM Holdings, New York Angels, Union Tech Ventures and private investors. 
              • Gordian Surgical, a commercial-stage medical service company with growing international sales for its TroClose1200, a port access-closure system that offers surgeons a simple, secure and safe solution to open and close the abdominal wall during laparoscopic produces, closed a $3 Million growth round from B.Braun, Pirveli, VI Ventures and private investors.  

              M&A and IPOs

              • Eximo Medical, a company that develops a laser-based catheter device used for the treatment of occlusive peripheral arterial disease (PAD), was acquired by AngioDynamic Inc for $46 Million
              • Av Medical, a company that develops catheters for dialysis patients undergoing routine angioplasty procedures, was acquired by Medtronic PLC for $30 Million
              • Chameleonx, an ad-tech security startup that develops the next generation of ad serving security technology, was acquired by Akamai for $25 Million
              • Presenso, a company that develops predictive machine learning algorithms designed to anticipate industrial machine failures, was acquired by SKF for $35 Million
              • RMDY Health, a leading provider of collaborative digital therapeutics SaaS solutions for the healthcare industry was acquired by OptimizeRx for approximately $16 Million.
              • Outbrain, a leading content discovery platform that powers personalized recommendations to content at the bottom of article pages on most of the leading publisher websites online, was acquired by Taboola for $250 Million.

              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.

               

              Best,
              Massimo

              Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.

              iAngels Israeli Deal Digest – September 2019

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

              This September we tracked 46 announced deals totaling to $890 Million, and 3 exits totaling to $270 Million

              IT & Enterprise Software was the leading sector this month. Fundbox, a company that leverages machine learning to assess the creditworthiness of businesses, has raised $176 Million in a growth round from Allianz, Battery Ventures, Blumberg Capital, Cathay Innovation, Hanaco VC, Khosla Ventures, among many other investors. Snyk, a company providing developers with an open-source security solution, closed $70 Million led by Accel with the participation of Boldstart, Canaan Partners, Fundfire, GV and Heavybit.

              On the M&A side, we saw two larger acquisitions – Cheetah Medical and EViation. Cheetah Medical, a company that provides solutions in non-invasive Cardiac Output and Hemodynamic monitoring, was acquired by Baxter Group for $190 Million. EViation, a company that develops drones for transportation (capable of carrying up to 9 people), was acquired by Clermont Group for $76 Million (Clermont acquired 70% of the company).

               September 2019 Investment Highlights

              Seed Rounds

              • H2PRO is an iAngels portfolio company that developed a new technology to split water in unprecedented efficiency to produce green hydrogen at scale. H2PRO has received $3 Million in seed funding, led by Hyundai and with the participation of iAngels, Contrarian and Bessemer.
              • Cycode, a company that develops a source code control, detection and response platform, has raised $4.6 Million in seed funding led by YL Ventures and with the participation of private investors.
              • GK8, another iAngels portfolio company, is a cybersecurity company that develops a technology for sending secure transactions to a blockchain without the need of a network connection, designed to enhance digital asset security. GK8 has received $3.5 Million led by Marius Nacht with the participation of iAngels, Discount Capital and private investors.
              • Shapeshift, a company that develops a cross-platform gaming solution with the aim of transforming gaming and eSports viewership into a more interactive experience, has raised $2.5 Million led by North First Ventures and with the participation of Group Up Ventures and Slingshot Ventures, as well as a private investor.

              A Rounds

              • Trigo Vision, a computer vision startup offering a retail automation platform to identify customers’ shopping items with the aim of creating a seamless checkout process, closed $22 Million in Series A funding led by Red Dot Capital Partners with the participation of Hetz Ventures, Tesco and Vertex.
              • Fyllo, a company that develops a cannabis marketing platform that should allow cannabis brands and online publishers to meet compliance requirements on a large scale, has raised $16 Million in a Series A financing round co-led by JW Asset Management and K2 & Associates with the participation of GrowGeneration and TerrAscend.
              • Explorium, a data science company helping businesses to reach better data to feed into their predictive models, closed $15.5 Million in Series A funding led by Zeev Ventures with the participation of F2 Capital and Emerge.
              • Securitize, a company offering a compliance platform and protocol for issuing and managing digital securities on blockchains, including dividends, distributions and share buy-backs, has received $14 Million in a Series A financing round from Coinbase Ventures, Fenbushi Capital, Blockchain Capital, Algo Capital, Kenetic Capital, Ripple, Santander Innoventures, SPiCE VC, Tezos Foundation, among others.
              • Vital Technologies, a company that develops and markets fast-acting, pharma-class recovery beverage products for consumers, has raised $8 Million from private investors.
              • Redefine Meat, the producer of animal-free meat using industrial 3D printers, closed $6 Million in Series A funding led by CPT Capital with the participation of Hanaco VC, PHW Group and private investors.
              • Okapi, a SaaS platform that leverages crowdsourced KPIs, business know-how and automation to deliver a business performance management solution, has received $5.5 Million in a Series A financing round led by Marius Nacht with the participation of other private individuals.
              • vHive, the developer of a cloud-based AI that should enable enterprises to deploy autonomous drone hives for the acquisition, management and processing of field data, has raised $5.5 Million in a Series A financing round led by Octopus Ventures with the participation of StageOne and private investors.
              • Kovrr, a company providing insurance carriers, reinsurers and government regulators with an end-to-end platform that delivers transparent, data-driven insights that enable them to quantify and manage their affirmative and silent cyber risk exposure across insurances, closed $5.5 Million in a Series A financing round co-led by StageOne and Alma Mundi Ventures with the participation of InsurTech Israel Fund, JVP, Banco Sabadell and private investors.
              • Tastewise, a company providing a platform that analyzes billions of food data points to provide insights for restaurants, hospitality groups and food brands, has received $5 Million in Series A financing from PeakBridge Partners.
              • SolCold, the developer of a nano-technological material that reportedly cools everything under the sun without any power consumption, closed $3.5 Million from Chartered HighTech.
              • UPnRIDE Robotics, a company with the mission to develop, produce and market innovative devices for disabled people, has raised $3.4 Million in Series A funding from ToGeTher, OurCrowd, Wolfpack Ventures and private investors.
              • Strigo, a cloud-based educational platform for educating both lecture-based and hands-on training, closed $2.5 Million in Series A funding led by Hanaco VC with the participation of Greycroft and private investors.
              • Innovesta Technologies, a company that provides a dashboard for aggregated data about private companies, has received $2.7 Million in Series A financing led by GHV with the participation of Bseed and private investors.
              • Moodify, a company that develops solutions and scents to increase well-being, has raised $1.6 Million led by Next Gear Fund, Toyota AI Ventures and private investors.
              • LeO, a conversational AI platform designed for the insurance industry, closed $1.6 Million from an angel group and private investors.
              • Allerguard, the developer of a detection system that scans an entire plate of food to identify an allergen, has raised $1.5m from CoShare and eHV.
              • Sanoculis, a company that develops an alternative new surgical technique for the treatment of Glaucoma, has received $1.1 Million from DNV Capital, BioLight, AMIT and private investors.

              B Rounds

              • D-Fend, a company that provides its customers with an autonomous counter-drone perimeter security system, which automatically detects, identifies and intercepts drones, has raised $28 Million in Series B financing led by Claridge Israel with the participation of SBI and Vertex.
              • DustPhotonics, the developer and manufacturer of pluggable optical modules and solutions for data centers, enterprises and HPC applications, has received $25 Million in Series B financing led by Intel Capital with the participation of WRVI Capital and a private investor.
              • Vim is a healthcare company that aligns incentives between health plans and care providers and gives them access to the right data and technology to empower value-based care decisions. Vim closed $24 Million in Series B funding led by Optum Ventures with the participation of Sequoia, Premera and GreatPoint Ventures.
              • Syte, a company that develops image recognition software providing shopping suggestions, has raised $21.5 Million in Series B financing led by Viola with the participation of Commerce Ventures, Magma, Remagine Ventures Fund, LINE, KDC Media Fund, among several others.
              • Tulip Interfaces, the developer of a manufacturing app platform to bring the latest technological developments from the lab to the factory floor, has received $21.1 Million in Series B financing led by Vertex Ventures with the participation of Pitango, NEA, C4 Ventures and private investors.
              • Igentify, a company that develops a digital platform for genetic test providers, has raised $10.5 Million in Series B financing from OurCrowd and aMoon.
              • MetaFlow, the developer of products that are supposed to change the weight loss industry, using a technology that combines hardware, software and rich scientific basis, closed $8.5 Million in Series B financing led by NewH2, Gigi Levy-Weiss, Kaedan Capital, Unorthodox Ventures among other investors.

              Growth/Miscellaneous Rounds

              • Fundbox, a company that leverages machine learning to assess the credit worthiness of businesses, has raised $176 Million in a growth round from Allianz, Battery Ventures, Blumberg Capital, Cathay Innovation, Hanaco VC, Khosla Ventures, among many other investors.
              • Snyk, a company providing developers with an open source security solution, closed $70 Million led by Accel with the participation of Boldstart, Canaan Partners, Fundfire, GV and Heavybit.
              • Healthy.io, the creator of a smartphone application of urine analysis, offering the only FDA and CE cleared home urine test equivalent to lab-based devices, has received $60 Million in a growth round led by Corner Ventures with the participation of Aleph, Ansonia Holdings, Joy Capital and Samsung Next.
              • Body Vision Medical, a software and medical device company specializing in augmented real-time fusion imaging, AI and intra-body navigation, has raised $20 Million from ADIP, GEOC and several private investors. 
              • T-REX Analytics, a company that offers a full investment life cycle solution, offering transparency, standardization, collaboration, efficiency and access to liquidity in energy project finance and asset-backed securitization, closed $15 Million from Citi Ventures, Clean Pacific Ventures, Ecosystem Ventures, Viola, Macquarie Capital among other institutional investors.
              • PerimeterX, a company that develops security solutions to prevent automated attacks by detecting malicious web behavior, has received $14 Million from DTCP and Salesforce Ventures.
              • Agromentum (Fieldin), the provider of a field intelligence platform helping growers to manage and optimize pesticide applications, harvest activities and other critical field operations, has raised $12 Million led by Zeev Ventures with the participation from Cavallo Ventures, Gal Ventures, Germin8 Ventures, GWC Innovator Fund, Mindset Ventures and Terra.
              • Fornova, a company helping hotels making intelligence-driven decisions to manage their distribution activity, closed $7 Million from Deutsche Telekom, JAL Ventures, UnVC, Waypoint Capital, among other institutional investors.
              • CDx, a company that develops a technology to discover a new class of diagnostics tests with high sensitivity and specificity for many cancers, has raised $3 Million from undisclosed investors.

              M&A and IPOs

              • Cheetah Medical, a company that provides solutions in non-invasive Cardiac Output and Hemodynamic monitoring, was acquired by Baxter Group for $190 Million.
              • EViation, a company that develops drones for transportation (capable of carrying up to 9 people), was acquired by Clermont Group for $76 Million (Clermont acquired 70% of the company).
              • Action Item, a company that develops software for cash registers, was acquired by VeriFone Holdings for $4 Million.

              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.

               

              Best,
              Massimo

              Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.

              iAngels Israeli Deal Digest – August 2019

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

              This August we tracked 27 announced deals totaling to $464 Million, and 7 exits totaling to $2.6 Billion

              IT & Enterprise Software was the leading sector this month. Cybereason, a provider of endpoint protection, offering endpoint detection and response, next-generation antivirus, managed monitoring and IR services, has received $200 Million in a growth financing round led by Softbank. AU10TIX, a developer and implementer of automated capture solutions, authentication, validation and generation of digital records for identifying documents such as passports, identity cards, driving licenses, etc.,  has received $60 Million in a Series A financing round from TPG Growth.

              On the M&A side, we saw two large acquisitions – ClickSoftware Technologies and Corindus. ClickSoftware Technologies, a provider of workforce and service management software products and solutions, was acquired by Salesforce for $1.35 Billion. Corindus, a company developing and commercializing remote robotic systems for interventional procedures, was acquired by Siemens Healthineers for $1.1 Billion.  

              August 2019 Investment Highlights

              Seed Rounds

              • AntiShock, a medical device startup which utilizes state-of-the-art technology to develop non-invasive continuous monitoring devices assessing the flow in blood vessels to help  physicians optimize administered fluid dosage in a personalized fashion, has received $2.1 Million in seed funding, mostly from Israel’s Innovation Authority granting $1.8 million.  
              • MyPart, an AI-driven gaming platform allowing for instant discovery of songwriting talent from around the globe and maximizing revenue for music publishers by pinpointing long forgotten gems in their catalogs, has received $1.3 Million in seed funding, mostly from Abbey Road Red Accelerator. 
              • Tulou, a provider of smart solutions to transform products into shared services within the building in order to encourage responsible consumption, promote energy efficiency and reduce the cost of living in the city, has received $0.75 Million in seed funding with the participation of private Investors, among them MIT Sloan.
              • Veoli, the developer of a unique inhaler that enables patients to consume cannabis oil in an accurate dosage has received $0.65 Million in a Seed funding round participated by Sanara Ventures and Merchavia Holdings.
              • CivDrone, a construction tech startup aiming to revolutionize land surveying by using a custom-made staking mechanism controlled by autopilot algorithm and data management software, has received  $0.5 Million in seed funding, led by FF Venture Capital. 
              • MDI Health, a provider of an AI powered platform allowing decision support tools for personalized drug treatments, has received $0.5 Million in seed funding from Jumpspeed and other private investors.

              A Rounds

              • AU10TIX, a developer and implementer of automated capture solutions, authentication, validation and generation of digital records for identifying documents such as passports, identity cards, driving licenses etc.,  has received $60 Million in a Series A financing round from TPG Growth.
              • Homeis, a developer of a software platform that assists immigrants, has received $12 Million in a Series A financing round co-led by Spark Capital and Canaan Partners. 
              • SofWave, a developer of an ultrasound technology platform for non-invasive skin tightening treatment closed $8.4 Million in a Series A financing round co-led by Shimon Eckhouse and  XT Hi-Tech Investments. 
              • Rookout, a provider of debugging solutions that collects data on-demand from live codes and pipelines them immediately to any destination, such as alerting and monitoring tools, has received $8 Million in a Series A financing round led by Cisco Investments. 
              • Anzu, an in-game advertising platform that brings ads into video gaming and esports, closed $6.5 Million in a Series A financing round led by BITKRAFT Esports Ventures. 
              • Salaryo, a company allowing workspaces being more accessible for tenants by avoiding traditional office security deposits, has received $5.5 Million in a Series A financing round with the participation of Michael Ullmann.
              • Versatile Natures, a provider of a patent-pending AI and IoT platform which supports construction managers with real-time, actionable insights, closed $5.5 Million in a Series A financing round led by Robert Bosch Venture.
              • Airbud, a voice platform that allows enterprises to easily add voice capabilities to their websites and mobile apps, has received $4 Million in a Series A financing round led by Hanaco VC. 
              • TriEye, a startup that developed an HD shortwave infrared (SWIR) camera solving the low-visibility challenge for ADAS and AV, has received $2 Million in Series A funding led by Porsche Ventures.
              • BC Bike, the provider of an electric-hydraulic drive-train system with continuous and automatic transmission which creates a smooth riding experience, has received $1.4 million in a Series A funding round  led by Fundit (an Angel Club / Group).
              • Ginger Bit, the provider of a custom-tailored international travel insurance for Hi-Tech companies and employees in Israel and abroad, has received  $1.3 Million in a Series A financing round from Private Investors. 
              • Comunix (Pokerface), the developer of an all-in-one video, voice, and text chat technology for game companies,  has received  $1 Million from private investors. 
              • Convizit, the provider of an autonomous insight-generation solution which enables companies to easily leverage behavioral data for tangible business benefits, has received  $1 Million in Series A funding led by Pitango. 

              B Rounds

              • Zendrive, a provider of actionable insights that improve safety for passengers and drivers by leveraging mobile sensors data, has received $37 Million in a Series B funding round led by XL Innovate. 
              • MDClone, a provider of a new healthcare data paradigm, enabling fast and direct access to healthcare data while fully protecting patient’s privacy, has received $26 Million in Series B funding led by aMoon. 
              • Axonius, a cybersecurity asset management platform that provides organizations with complete visibility and automated policy validation on all assets, devices, and users, closed $20 Million in a Series B funding round led by OpenView.
              • CropX, an ag-analytics company that has developed an advanced adaptive irrigation service, which automatically optimizes irrigation, thereby delivering crop yield increases and water and energy cost savings to farms, has received $10 Million in a Series B funding round with the participation of OurCrowd, Germin8 Ventures, Finistere Ventures and others. 

              Growth/Miscellaneous Rounds

              • Cybereason, a provider of endpoint protection, offering endpoint detection and response, next-generation antivirus, managed monitoring and IR services, has received $200 Million in a growth round led entirely by Softbank Group.
              • JoyTunes, a provider of an app which combines education methods and sound recognition with a patented MusicSense Acoustic Engine (making it easier to learn how to play musical instruments), has received $25 Million in a Series C funding round led by Qumra Capital. 
              • WSC Sports, a provider of an innovative workflow automation solution for sports media-right owners (and iAngels portfolio company), has received $23 Million in a Series C financing round led by O.G. Tech Ventures with the participation of iAngels.
              • Weebit Nano, a provider of a memory technology of flash through innovative sources, has received $1.7 Million funding from private investors. 

              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.

               

              Best,
              Massimo

              Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.

              iAngels Israeli Deal Digest – July 2019

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

              This July we tracked 37 announced deals totaling $1.4B, and 5 exits totaling $259M.

              IT & Enterprise Software was the leading sector this month. Compass, a tech-driven real estate platform that uses technology to aid agents and clients in finding a place to live, has completed a $370 million growth round from the Canada Pension Plan Investment Board (CPPIB), Dragoneer Investment Group LLC, the Qatar Investment Authority (QIA), 406 Ventures, Advance Publications, Fidelity, Founders Fund, Goldman Sachs, IVP, Lead Eagle Capital, Thrive Capital, Wellington Management, and Softbank Vision Fund. Lightricks, a company that creates leading creativity tools for the mobile generation including the company’s first two paid products, Facetune and Enlight, has closed a $135 million Series C funding round led by Goldman Sachs Private Capital Investing group with the participation of Carmel IV, ClalTech, and Insight.

              On the M&A and IPO side, we saw one large acquisition, Elastifile, and one IPO, Eco Wave Power. Elastifile, a company that augments cloud capabilities with enterprise-grade, scale-out file storage and allows enterprises to leverage cloud resources without refactoring applications, was acquired by Google for $200 million. Eco Wave Power, a company that developed a technology for turning ocean and sea waves into green electricity, raised $13.6 million in its initial public offering on the Nasdaq First North, a division of the Nasdaq Nordic stock exchange.

              July 2019 Investment Highlights

              Seed Rounds

              • Tamar Robotics, a life sciences startup that is developing robots to assist neurosurgeons in the operating room, has raised $2.8 million from Mivtach Shamir with participation from Israeli research university Technion Israel Institute of Technology.
              • Rightbound, an IT & Enterprise Software company that develops technology facilitating automation and streamlining of sales processes between organizations and companies, received $2 million in seed funding from the IBI Tech Fund.
              • Env0, a startup that enables users to create their own environment in a cloud account, won the TMTI conference investment of $0.25 million in seed funding from TAU Ventures Fund, Tel Aviv University’s venture capital fund.

              A Rounds

              • UVEye, a computer vision startup that specializes in the design and building of camera inspection systems for vehicles, has raised $31 million in a Series A Financing round co-led by Toyota Tsusho, Volvo Cars and W. R. Berkley Corporation with the participation of SeedIL, FIT Ventures, and Ahaka.
              • Juganu, a startup that provides a technology for the professional LED market, including performance LED lighting modules and complete LED smart lighting systems, has completed a $23 million Series A funding round led by Viola with the participation of OurCrowd, BM Holdings, Mordechai Ben-Schach, Armada Investments, and private investors.
              • DUST Identity, a startup that created the Diamond Unclonable Security Tag (DUST), a technology utilizing nano-engineered diamonds to create an unclonable identity layer on any object, has closed a $10 million Series A round led by KPCB with the participation of Airbus Ventures, Angular, Castle Island, Lockheed Martin Ventures, Nathan Kaiser, and New Science Ventures.
              • Smartair, a travel tech startup that created an online marketplace connecting travel suppliers (airlines, hotels, car rentals and local attractions and activities) with travelers who can plan, customize & book their trip in one single platform, has closed a $6 million Series A round led by Talma Travel, with the participation of Alpha Capital and other undisclosed VC funds.
              • Shieldox, a startup with an AI autonomous Policy Decision Point (PDP) that protects shared sensitive documents, has completed a $4 million Series A funding round with Marius Nacht, Club 100 Plus, Eldad Weiss, Keiretsu Forum, and Yoav Chelouche.
              • Polyrize, a cybersecurity startup that helps enterprise security organizations to regain control of the public cloud, has closed a $4 million Series A round led by Glilot Capital with the participation of Saban Ventures Fund.
              • MetoMotion, a clean tech startup that develops a robotic system for labor-intensive tasks in greenhouses, has raised $1.5 million in a Series A financing round with Ariel Bentata and other private investors.
              • Liberdi, a life sciences startup that is developing an all-in-one portable dialysis solution, comprised of hardware and software, providing scalable digital and safe self-care anywhere with remote medical supervision, has raised $1.13 million in a Series A Financing round from ExitValley.
              • Emerj, a startup that helps organizations fight attrition and supercharge their employees with skills and opportunities to drive growth through peer-to-peer learning, has raised $0.8 million in a Series A Financing round with 12Angels Fund, Fiona Darmon, Fusion LA, Garrett Gilbertson, Inbal Shenfeld, Zion Halfon, and other private investors.

               B Rounds 

              • Curve 1, a fintech startup that combines a person’s cards into one card to make the payment and banking process easier, has closed a $55 million Series B round led by Gauss Group with the participation of Breega Capital, CreditEase, IDC Ventures, Outward VC, Santander Innoventures, Seedcamp, and Speedinvest.
              • enSilo, a startup that protects businesses around the world from data breaches and disruption caused by cyber-attacks, has completed a $23 million Series B funding round from Carmel, Counterview Capital, Lightspeed, OG Tech, and Rembrandt Venture Partners.
              • Lendbuzz, a startup that uses Big Data analytics to improve access to credit for international students and professionals living in the US, especially for car loans, has raised $20 million in a Series B Financing round from 83North, Suhel Kothari, and private investors.
              • Vcita, a startup with an all-in-one business management app for small businesses, has raised $15 million in a Series B Financing round led by Forestay with the participation of ADIP, Darya, NetMe, and private investors.
              • Lightico, a startup that developed an innovative mobile communication center that empowers customer experience and leads digital service, support and sales teams to success, has raised $14.5 million in a Series B Financing round led by Mangrove Capital Partners with the participation of Crescendo Venture Partners, Lool Ventures, and Spinach Angels.
              • Belong.life, a startup that provides a social network for cancer patients and caregivers to help manage and fight cancer more effectively, has completed a $14 million Series B funding round led by IQVIA with the participation of Eshbol, Harel Prag, The Group Ventures, and private investors.
              • K Health, a life science startup that uses data to empower people to make informed health decisions by utilizing AI to give people immediate answers to ensure quality healthcare, has completed a $12.5 million Series B funding round from Mangrove Capital Partners, Lerer Hippeau, Primary Venture Partners, BoxGroup, Max Ventures, Bessemer Venture Partners, and Comcast Ventures.
              • Hello Heart, a life science startup that develops a device that tests blood pressure and blood sugar levels and helps patients monitor their health, drug intake, and physical exercise through a mobile app (and iAngels portfolio company), has raised $12 million in a Series B Financing round led by Khosla Ventures with the participation of Amicus Capital, Arab Angel, Arba, BlueRUn, CapitalG, Datalogix, Facebook, Franklin Trust, iAngels Crowd, Maven Ventures, Resolute Ventures, Wanxiang Healthcare Investments, and WTI.
              • Minute.ly, a startup with an AI-driven video enhancement solution, offering a set of tools that empower content creators and publishers, has closed an $8 million Series B round led by Infront with the participation of Gadi Veinrib, Gilad Shabtai, and private investors.

              Growth/Miscellaneous Rounds

              • Compass, a tech-driven real estate platform that uses technology to aid agents and clients in finding a place to live, has completed a $370 million growth round from the Canada Pension Plan Investment Board (CPPIB), Dragoneer Investment Group LLC, the Qatar Investment Authority (QIA), 406 Ventures, Advance Publications, Fidelity, Founders Fund, Goldman Sachs, IVP, Lead Eagle Capital, Thrive Capital, Wellington Management, and Softbank Vision Fund.
              • Lightricks, a company that creates leading creativity tools for the mobile generation including the company’s first two paid products, Facetune and Enlight, has closed a $135 million Series C funding round led by Goldman Sachs Private Capital Investing group with the participation of Carmel, ClalTech, and Insight.
              • Lendbuzz, a startup that uses Big Data analytics to improve access to credit for international students and professionals living in the US, especially for car loans, has raised $130 million in a debt financing round led by BHI, the U.S. division of Israel-based Bank Hapoalim, with participation from Viola credit V, ConnectOne Bank, and Israel Discount Bank New York (IDB).
              • Hippo Insurance Services, a company that is looking to reduce the time and money spent on home insurance and allows users to obtain coverage for modern households, has raised $100 million in a Series D financing round led by Bond Capital with the participation of Broad Beach Ventures, Comcast Ventures, Felicis Ventures, Fifth Wall, GGV Capital, Hillhouse Capital, Horizons Ventures, HSB Ventures, ICONIQ Capital, Lennar, Moderne Ventures, Pipeline Angels, Propel Venture Partners, RPM Ventures, Standard Industries, Zeev Ventures and 7 private investors.
              • Trax, a company that provides computer vision solutions and analytics for retail, has completed a $100 million Series D funding round led by HOPU with the participation of Boyu Capital, Broad Peak Master Fund, DC Thomson, GIC, Investec, Warburg Pincus, and private investors.
              • Menlo Security, a company that provides a cloud-based isolation platform that protects organizations from cyber attacks by eliminating the threat of malware from websites, documents and emails,  has raised $75 million in a Series D financing round from American Express, Baruch Future Ventures, Engineering Capital, Ericsson Ventures, General Catalyst, HSBC Group, JP Morgan, Osage University Partners and Sutter Hill Ventures.
              • Graduway, an alumni software provider that provides institutions a way to engage their alumni, students, and supporters through a powerful platform – to enable them to connect with each other, has raised $60 million in a Series C financing round led by K1 Investment Management with participation of BTG Pactual, Elevator Ventures, Massa Innovations, RSL Venture Partners, Susquehanna and a private investor.
              • TravelPerk, a web-based tool for travellers that manages travel policies, budgets and payment methods as well as customer support services, has raised $60 million in a Series D financing round led from Amplo, CBi2 Capital, DST Global Solutions, Felix Capital, Heartcore Capital, Innuvik Ventures, Kinnevik AB, Latitude, LocalGlobe, Spark Capital, Sunstone Capital, Target Global, and 9 private investors.
              • BigID, a company that developed software to help companies secure their customer data and satisfy privacy regulations like GDPR, has raised $50 million in Series C financing round co-led by Boldstart and Comcast Ventures with participation from ClearSky Fund, Deep Fork Capital, Genacast Ventures, Information Venture Partners, SAP.iO and Scale VP.
              • BiondVax, a publicly-traded biopharmaceutical company developing a Universal Flu Vaccine that provides multi-season and multi-strain protection against all human influenza virus strains, both seasonal and pandemic, completed a $20 million PIPE with aMoon Partners Fund.
              • TrapX, a cybersecurity company that  provides clients with a solution that detects, deceives and defeats cyber-attacks and human attackers in real-time, has raised $18 million in a Series D financing round led by Ibex Israel Fund with the participation of BRM Group, Intel Capital, Liberty Israel, Opus Capital, and Strategic Cyber Ventures. 
              • Blender, a global e-lending platform that provides multi-continental and cross-border lending services, has raised $17 million in a debt financing round led by Eiffel Investment Group SAS.
              • P-cure, a company concerned with expanding the availability of proton therapy and hence the treatment of certain cancers by developing an imaging-based solution for treatment with protons and a delivery system that enables the use of fixed beam, technologies for treatment of various cancer indications, has raised $15 million in a Series D financing round led by Popular Line Medical Group with the participation of Everett Partners, Lions Peak, StartVest and a private investor.
              • Foamix, a pharmaceutical company that develops and commercializes topical drugs for dermatological therapy, closed a $14 million PIPE with Perceptive Advisors and Orbimed Israel.
              • TradAir, a company offering FX and crypto trading solutions for banks and brokers, has raised $11 million in a Series D financing round from Carmel Ventures, Genesis Partners, GF Investments, Insight, Long Ridge, Viola Credit, and a private investor.
              • Blender, a global e-lending platform that provides multi-continental and cross-border lending services, has closed a $5 million Series C round led by Asia Plus Group Holdings with the participation of Allied Holdings, Blumberg Capital, Doron Aviv, Eti Langermann, Fattal, Lahav Mezzanine Fund, OBV, Psagot, and private investors.

              M&A and IPOs

              • Elastifile, a company that augments cloud capabilities with enterprise-grade, scale-out file storage and allows enterprises to leverage cloud resources without refactoring applications, was acquired by Google for $200 million.
              • ADT, a semiconductor company that develops and produces blades and machinery for the dicing of silicon-based integrated circuits, package singulation, and hard material microelectronic components, was acquired by Neng Yang, a Chinese investment fund, for $35 million.
              • Eco Wave Power, a company that developed a technology for turning ocean and sea waves into green electricity, raised $13.6 million in its initial public offering on the Nasdaq First North, a division of the Nasdaq Nordic stock exchange.
              • PAI-Tech, an internet company that provides a development platform and a marketplace where everyone can develop, sell and buy decentralized apps, was acquired by Horizons Holdings, a US private investment firm focused on buying unique independent companies, for $8.8 million in Stock.
              • Baligam, a social buying website for lifestyle products that struggled with debt issues was acquired by GROO, a social website for discount purchasing, for about $1.3 million (NIS 4.6 million).

               

              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.

               

              Best,
              Massimo

              Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.

              iAngels Israeli Deal Digest – June 2019

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

              This June we tracked 31 announced deals totaling $981M, and 5 exits totaling $207M.

              IT & Enterprise Software was the leading sector this month. TripActions, a technology-enabled corporate travel management platform, raised $250 million in a Series D financing round led by Andreessen Horowitz with the participation of Group 11, Lightspeed, and Zeev Ventures. SentinelOne, a company that delivers autonomous endpoint protection through a single agent that prevents, detects, responds and hunts attacks on-premise and cloud environments, raised $120 million in a Series D financing round led by Insight with participation of NextEquity, Redpoint Ventures, Samsung Ventures, SineWave Ventures, Sound Ventures, Third Point Ventures, Tiger Global, UpWest, Westly Group, Granite Hill, Data Collective, Accel and a private investor.

              On the M&A and IPO side, we saw one large acquisition, Creso Pharma, and one large IPO, Fiverr. Creso Pharma, a public company that provides cannabis-derived therapeutic grade nutraceutical products, developing, registering, and commercializing pharmaceutical-grade cannabis and hemp-based products and treatments, was acquired by PharmaCielo for $85 million. Fiverr, a marketplace for creative and digital services, such as graphic design, copywriting, voiceovers, and music and film editing, raised $110 million in its initial public offering on the New York Stock Exchange.

              June 2019 Investment Highlights

              Seed Rounds

              • Orca Security, a start-up developing a technology which provides full-stack visibility into all organizational assets, including the cloud infrastructure level, operating systems, applications and data, and vulnerabilities, malware and compromised assets detection, received $6.5 million in seed funding led by YL Ventures GP with the participation of two private investors.
              • Simpo, a SaaS engagement platform, which provides companies with embeddable apps with built-in insights engine that let PMs track, adjust, and optimize their user’s experience, received $4.5 million in seed funding led by Redpoint Ventures with the participation of Janvest Capital Partners,  Seedcamp, UpWest Labs Fund, and two private investors.
              • Hoopo, a start-up developing a GPS-independent geological solution for IoT networks & sensors, received $3.5 million in seed funding from TAU Ventures Fund, Japan Israel High Tech Ventures and Global IoT Technology Ventures (GiTV).

              A Rounds

              • Cellebrite, a digital intelligence solutions company, has raised $110 million in a Series A financing round with IGP, a private equity fund.
              • AnyVision, a company that develops software capable of real-time face and object recognition within large crowds, has closed a $31 million extended Series A round. DFJ Growth, Eldridge Industries, Lightspeed, M12, OG Tech, Qualcomm Ventures, and Robert Bosch Ventures all participated in the most recent Series A round.
              • Neuroblade, a company that develops processors for artificial intelligence applications, has raised $23 million in a Series A financing round led by Marius Nacht, with the participation of Grove Ventures Fund, Intel Capital, Rami Lipman, Stage One, and private investors.
              • GuardKnox, an automotive cyber-solutions company providing comprehensive cyber defense for connected and autonomous vehicles, has completed a $21 million Series A funding round led by FMC capital, with the participation of Allied Holdings, CyberTech International, Faurecia, Glory Ventures, Kardan N.V., NextLeap Ventures, Plug & Play, SAIC Venture Capital, Shay Livnat, VectoIQ, and private investors.
              • Fireblocks, a startup that finds a way to securely transfer digital assets, has completed a $12 million Series A funding round co-led by Eight Roads and Tenaya, with the participation of Amichai Shulman, CyberStarts Fund, Gil Mandelzis, Marius Nacht, MState, Nir Zuk, Shlomo Kramer, Swisscom Ventures, and private investors.
              • Vulcan Cyber, a startup that provides a continuous vulnerability remediation solution, has completed a $10 million Series A funding round led by TenEleven Ventures with participation from Giora Yaron, Glenn Chisholm, Idan Plotnik, Michael Boodaei, YL Ventures, and private investors.
              • Quik, a food delivery company that allows customers to order groceries to their house, received $10 million in Series A funding from Central Bottling Company (Coca Cola), Super Pharm, and Union Tech Venture.
              • Variantyx, providing genome testing services to clinicians for collaborative diagnosis of rare inherited disorders, received $7 million in a Series A funding round from Pitango.
              • CybeReady, a startup with a platform that provides customers training on phishing and cybersecurity, received $5 million in a Series A funding round funded by Baseline Ventures.
              • Indorz, a company with a CEA (Controlled Environment Agriculture) farming solution, has raised $1.4 million in a Series A financing round with participation from Fundit and private investors.
              • Cannova, a startup that develops a strip for oral administration of active cannabis substances to allow producers to more effectively control dosage quantities and safety in the delivery of cannabinoid products, has raised $1 million in a Series A financing round from Nabis Holdings.

               B Rounds 

              • InFarm, an indoor urban farmingcompany dedicated to provide urban communities with fresh, nutritious produce, by distributing smart vertical farms throughout the city, directly where people live and eat, has raised $100 million in a Series B financing round led by Atomico with participation of Archimedes Labs, Astanor Ventures, Atlantic Food Labs, Balderton Capital, Cherry Ventures, IDEO, LocalGlobe, Mons Investments, Quadia, and TriplePoint.
              • DayTwo, a Microbiome-Base Precision Medicine company, developing personalized nutrition, diagnostic, and therapeutic solutions using artificial intelligence and machine learning, has raised $31 million in a Series B financing round led by aMoon partners fund with participation of Johnson & Johnson Innovation, Seventure Partners, Mayo Clinic Initiative, Ofek Ventures Fund, and three private investors.
              • Sunbit Payment Software, a company that has developed a payment solution for retailers to split a purchase into multiple payments, enabling its customers to pay over time using a personalized payment plan, has raised $26 million in a Series B financing round led by Zeev Ventures with participation of Chicago Ventures, G-Bar Ventures, Group 11, Heroic Ventures, Levy Family Partners, Skydeck and three private investors.
              • BrightWay Vision (BWV), a company that is developing a night-vision technology that monitors a car’s forward facing vehicle’s environment, aiding the driver, with assistance from the active safety systems to make driving at night safer, has raised $25 million in a Series B financing round co-led by Koito and Magenta Venture Partners Fund with participation of Manor Family, Lubinski Group, and Elbit Systems.
              • DouxMatok, a food-tech company that offers sugar and salt reduction solutions to the Food and Beverages industry, reducing sugars and salt by 40% in multiple applications while retaining identical taste and sensory profiles, has raised $22 million in a Series B financing round led by BlueRed Partners with the participation of Btov Partners, DSM Venturing, Foodlab Capital, Gefen Capital Fund, Gil Horsky, Jesselson, JLL Partners, JVP Venture Partners, La Maison, OurCrowd, Pitango Ventures, Singha Ventures, Sudzucker, and two private investors.
              • Iron Scales, a company that has created an anti-phishing threat protection platform combining human and machine intelligence to automatically analyze, detect and remove malicious emails before and after landing in an inbox, has raised $15 million in a Series B financing round led by K1 Investment Management.
              • Cylus, a company that has developed a cybersecurity software to detect and control rail incidents and service disruptions caused by cyber-attacks, has raised $12 million in a Series B financing round led by Magma Venture Partners and Vertex Israel Fund, with the participation of The Blue Minds Company, SBI Japan-Israel Innovation Fund, Follow the See, Cyient, Cerca Fund and two private investors.
              • Testim, a company that uses AI for the authoring, execution and maintenance of automated tests, has raised $10 million in a Series B financing round led by SignalFire with the participation of Spider Capital, Lightspeed, Meron  Capital Fund, NHN, Spider Capital and TEEC Angel Fund.

              Growth/Miscellaneous Rounds

              • TripActions, a technology-enabled corporate travel management platform, has raised $250 million in a Series D financing round led by Andreessen Horowitz with the participation of Group 11, Lightspeed, and Zeev Ventures.
              • SentinelOne, a company that delivers autonomous endpoint protection through a single agent that prevents, detects, responds and hunts attacks on-premise and cloud environments, has raised $120 million in a Series D financing round led by Insight with participation of NextEquity, Redpoint Ventures, Samsung Ventures, SineWave Ventures, Sound Ventures, Third Point Ventures, Tiger GLobal, UpWest, Westly Group, Granite Hill, Data Collective, Accel and Ashton Kutcher.
              • MinuteMedia, a company that is developing products that enable fans to create, publish, share and distribute sports content around the world, received $40 million in a Series F financing round with participation from Battery Ventures, Dawn Capital, Gemini Israel, Goldman Sachs, Hamilton Lane, Kreos Capital, La Miason, Maor, North Base Media, Qumra Capital, Remaigne Ventures Fund, Seven Ventures, and Vintage Investment Partners.
              • Innoviz, a company that manufactures high-performance, solid state LiDAR sensors and perception software that enables the mass production of autonomous vehicles, has raised $38 million in a Series C financing round led by undisclosed investors.
              • Camtek, a manufacturer of metrology and inspection equipment and a provider of software solutions serving the Advanced Packaging, Memory, CMOS Image Sensors, MEMS, RF and other segments in the Semiconductors industry, completed a $16.2 million PIPE from Chroma.
              • ReWalk Robotics, a company that develops, manufactures and markets wearable robotic exoskeletons for individuals with lower limb disabilities as a result of spinal cord injury or stroke, has completed two PIPEs, the first in the size of $10.8 million and the other in the size of $5 million by undisclosed investors. 
              • Cyber Observer, a company that delivers a cybersecurity management and awareness solution that provides CISOs and executives with a view of their current cybersecurity posture, revealing the security gaps that exists and delivering continuous proactive recommendations, received $8 million in a Series C financing round led by Merlin International with the participation of Moonbow, Swarth Group, Tails Capital and Private Investors.
              • Else Nutrition, a food and nutrition company, focused on research, development, manufacturing, marketing sal and license of plant-based food and nutrition products to the infant, toddler, children and adult market, closed a $5.7 million PIPE with undisclosed investors on the Toronto Stock Exchange Ventures.

              M&A and IPOs

              • Fiverr, a marketplace for creative and digital services, such as graphic design, copywriting, voiceovers, as well as music and film editing, raised $110 million in its initial public offering on the New York Stock Exchange.
              • Creso Pharma, a public company that provides cannabis-derived therapeutic grade nutraceutical products, developing, registering and commercializing pharmaceutical-grade cannabis and hemp-based products and treatments, was acquired by PharmaCielo, a Canadian supplier of grown and processed medicinal-grade cannabis oil extracts, for $85 million.
              • CoolaData, a behavioral data analytics platform to help businesses optimize customer management and lead to actionable insights, was acquired by Medallia, an enterprise customer feedback management software platform, for $7.6 million.
              • Cannabliss, an Israeli manufacturer of consistent and smoke-free medical cannabis products, was acquired by Together Pharma, a company focused on growing, exporting, and distributing medical cannabis, for $3.9 million.
              • QM7, a private company that has developed a management tool for companies to keep track of all the most frequent activities and tasks delivered to members across the organization, was acquired by Top Group, an advanced software solutions and computer services company, for $0.67 million.

               

              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.

               

              Best,
              Massimo

              Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.

              iAngels Israeli Deal Digest – May 2019

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

              This May we tracked 23 announced deals totaling $485M, and 13 exits totaling $2B.

              IT & Enterprise Software was the leading sector this month. Exabeam, a company that empowers enterprises to detect, investigate, and respond to cyber attacks, raised $75m in a Series E financing round co-led by Lightspeed and Sapphire Ventures, alongside Aspect Ventures, Cisco Investments, NVP, and a private investor. Guardicore, a data center and cloud security solution that protects an organization’s core assets, completed a $60m growth round led by Qumra Capital, with the participation of Battery Ventures, Cisco Investments, ClalTech, DTCP Fund, EMC Ventures, Greenfield Partners, Greylock Israel, Partech, and TPG Growth.

              On the M&A side, we saw three large acquisitions including SafeCharge, Twistlock, and LiveU. Safecharge, providing global omnichannel payments services from card acquiring and issuance to payment processing and checkout, underpinned by advanced risk management solutions, was acquired by Nuvei for $890m. Twistlock, a leading provider of container and cloud-native cybersecurity solutions, was acquired by Palo Alto Networks for $410m. LiveU, a company that produces technology for television broadcasters to enable live video links via wireless cellular networks, was acquired by Francisco Partners Management and Israel Growth Partners for $200m.

              May 2019 Investment Highlights

              Seed Rounds

              • Veego, developing a technology that can identify, understand, and resolve errors and malfunctions in edge/remote devices, routers and hubs as well as in the connected home ecosystem, received $5 million in seed funding led by State of Mind Ventures with the participation of the Corporate VC, Robert Bosch Ventures, and from North First Ventures.
              • Intello, an end-to-end SaaS optimization platform, which provides companies with real-time visibility into their software spend and data usage, ultimately saving money on wasted subscriptions and surfacing automated recommendations, received $2.5 million in seed funding led by Resolute Ventures with the participation of Magnetico Ventures and some private investors.

              A Rounds

              • TriEye, a startup that is developing a SWIR (Short Wave Infra Red) sensing solution for self-driving cars, which enables low-cost night vision and extreme weather sensing, has completed a $17 million Series A funding round led by Intel Capital with the participation of Grove Ventures Fund, and a private investor.   
              • Sadé Group, a full-vertical pharmaceutical cannabis company, has raised $14 million in a Series A financing round led by Ori Yehudai, with the participation of other private investors.
              • Aleph Farms, a company that aims to lead the Cellular Agriculture revolution, starting with clean, healthy and ethical bovine cultured meat, has raised $12 million in a Series A financing round led by VisVires New Protein (VVNP), with the participation of Stray Dog Capital, Peregrine, New Crop Capital, the Corporate VC, Cargill Ventures, CPT Capital, T3 Technion Technology Transfer, and private investors.
              • MultiVu, a startup that is developing a single sensor 3D imaging solution, received $7 million in a Series A financing round led by  Junson Capital with the participation of OurCrowd, Cardumen Capital, the Technology Innovation Momentum Fund.
              • Hunters.AI, a cybersecurity company that combines its Attack Intelligence, Hunting AI, and Continuous Automation with the enterprise’s existing security data to transform enterprise threat hunting, has closed $5.4 million in a Series A financing round co-led by Blumberg Capital and YL Ventures with the participation of several private investors.
              • Voom, a startup that has built an AI-driven InsurTech platform that allows for the effective creation of new insurance products for mobility, creating an on-demand, telemetry-based insurance solution for the emerging drone industry, has closed $5 million in a Series A financing round led by Arbor Ventures with the participation of F2 Capital Fund, a few Corporate Ventures such as AXA Venture Partners, Liberty Mutual and Verizon Ventures along with several private investors.
              • Torii Labs, a company that develops a cloud-based SaaS management platform intended to help IT managers discover, audit and control SaaS apps, used by employees, has raised $3.5 million in a Series A financing round led by Uncork Capital, with the participation of Entrée Capital Israel, Global Founders Capital, LocalGlobe and a few private investors.
              • Mappo World, providing a technology that allows users to map content leveraging location-based services, has raised $0.26 million in a Series A financing round from private investors via ExitValley.

              B Rounds

              • Ayala Pharmaceutical, a clinical stage precision oncology company dedicated to developing targeted therapies for people living with genetically-defined, underserved cancers, has raised $30 million in a Series B financing round led by Novartis, with the participation of aMoon, Harel Insurance Group, Israel Biotech Fund, and SBI Japon-Israel Innovation Fund.
              • Pi Therapeutics, a preclinical-stage pharmaceutical company dedicated to the development of protein degradation modulators for the treatment of cancer, with drug modulates pathways related to proteostasis, has closed $19.7 million in a Series B financing round led by Pontifax with the participation of Arkin Bio Ventures Fund, CBG Asset Management, Consensus Business Group, GF Securities, OrbiMed Israel, Quark, and RMGP Biopharma Fund.
              • Equalum, a company that has developed a Data Beaming platform, capable of instantly teleporting operational data from any source to real-time analytics environments, built for scalability and ease of use, has raised $18 million in a Series B financing round led by Planven Investments Digit with the participation of GE Ventures, Innovation Endeavours, United Ventures and several private investors.
              • Percepto Robotics, a startup that helps to integrate the use of autonomous drones capable of performing multiple security, safety, and inspections missions, providing companies with improved security, decreased safety risks and reduced operation costs, received $15 million in a Series B financing round led by USVP with the participation of Ataria, Beast Ventures, Courtside Ventures, Elevator Ventures, Emerge Fund, QB1 Ventures, R&R Venture Partners, Spider Capital, along with Corporate VCs such as Hyundai Cradle and NHN and two private investors.
              • TechsoMed Medical Technologies, a company that is developing ultrasound based real-time monitoring systems for thermal ablation procedures for tumor destruction, heart arrhythmia, blood pressure treatments and more, solving the high failure rate of these minimally invasive and cost-effective procedures, has raised $2.6 million in a Series B financing round led by Johnson & Johnson, with the participation of AMIT (Alfred Mann Institute at the Technion), Axil Capital, NextLeap Ventures, Screen Holdings and several private investors.

              Growth/Miscellaneous Rounds

              • Exabeam, a company that empowers enterprises to detect, investigate, and respond to cyber attacks, received $75 million in a Series E financing round co-led by Lightspeed and Sapphire Ventures, alongside Aspect Ventures, Cisco Investments, NVP, and a private investor, Schlomo Kramer.
              • Guardicore, a data center and cloud security solution that protects an organization’s core assets, completed a $60 million growth round led by Qumra Capital, with the participation of Battery Ventures, Cisco Investments, ClalTech, DTCP Fund, EMC Ventures, Greenfield Partners, Greylock Israel, Partech, and TPG Growth.
              • Logz.io, a company offering an open-source log analytics platform, as a predictive, enterprise-grade SaaS, powered by machine-learning algorithms, providing real-time access to insights based on the collaborative knowledge of DevOps professionals around the world, has received $52 million in a growth round led by General Catalyst, 83North, Giza, Greenspring Associates, OpenView, Vintage Fund and the Corporate VC, next47.
              • Talkspace, a telehealthcare company that connects users with a network of over 5,000 licensed dedicated therapists through an easy-to-use web and mobile platform, providing psychiatry services, including prescription fulfillment, adolescent therapy and couples counseling, has closed a $50 million Series D funding round led by Revolution Growth, with the participation of Compound, Firstime, Group 11, La Maison, NVP, Qumra Capital, Softbank Capital, Spark Capital.
              • WekaIO, a company that develops software that manages the way data is stored and managed on data center infrastructure, in the cloud or on-premises, has raised $31.7 million in a Series C financing round co-led by Qualcomm Ventures and NVIDIA GPU Ventures with the participation of other Corporate VCs such as HP Tech Ventures and Western Digital Capital, along with NVP, CID Group, WRV, Seagate, and a few private investors.
              • Siemplify, a leading independent security orchestration, automation, and response (SQAR) provider, enabling security teams to manage their operations from end to end, and respond to cyber threats with speed and precision, has raised $30 million in a Series C funding round led by Georgian Partners with the participation of 83North, Abundance Partners, Capri Ventures, G20 Ventures, Jump Capital and a few private investors.
              • Rapid Medical, a biotech company that is developing products designed to treat aneurysms (abnormal expansion of the artery or vein), including a supporter that can expand into blood vessels, has closed a $23 million Series C funding round co-led by JAM Capital Partners and Microport with the participation of Agate Medical, BRM Group, Gefen Capital Fund, RocSon Medtech fund, Shanghai-Israel Investment Fund, Winnovation, and a few private investors.
              • BioProtect, a company that developed a proprietary technology platform for biodegradable balloons, suiting a wide range of applications including spacing for radiation oncology protection, aesthetics, and general surgery, has raised $7 million in a Series G financing round from private investors.

              M&A and IPOs

              • SafeCharge, providing global omnichannel payments services from card acquiring and issuance to payment processing and checkout, underpinned by advanced risk management solutions, was acquired by Nuvei for $890 million.
              • Twistlock, a leading provider of container and cloud-native cybersecurity solutions, was acquired by Palo Alto Networks for $410 million.
              • LiveU, a company that produces technology for television broadcasters to enable live video links via wireless cellular networks, was acquired by Francisco Partners Management and Israel Growth Partners for $200 million.
              • Meta Networks, a Network-as-a-Service company that enables users to rapidly connect people, applications, clouds, data centers and offices, and to secure them, was acquired by Proofpoint for $120 million.
              • Profitect, a company that provides a solution that uses predictive analytics to pinpoint value chain margin leakage, inventory distortion, on-shelf availability issues, shrink, waste, damage, process non-compliance, cashier fraud, coupon abuse and operational risks, was acquired by Zebra for $100 million.
              • Algatechnologies, a company that specializes in the commercial cultivation of microalgae, overcoming biological, engineering and economic challenges posed by the mass production of microalgae, was acquired by Solabia for $72 million.
              • Cognigo, a company that helps to achieve data security and GDPR compliance in days (instead of months) through cognitive computing and advanced learning algorithms, was acquired by NetApp for $70 million.
              • PureSec, a company that enables its customers to build and maintain secure, reliable and serverless applications in a trusted and safe computing environment, supporting all serverless vendors, allowing organizations to detect, prevent, and respond to suspicious activity and attacks, was acquired by Palo Alto Networks for $55 million.
              • Bonobo AI, a company that is developing a conversational intelligence platform for organizations seeking to know their customers and grow customer relationships at scale by centralizing fragmented customer interaction data from across channels and leveraging AI to power action-ready insights from throughout the entire customer journey, was acquired by Salesforce for $50 million.
              • Vidyo, a company that pioneered Personal Telepresence, enabling natural, HD multi-point video conferences on tablets, smartphones, PCs, Macs, room systems and telepresence installations, was acquired by Enghouse for $40 million.
              • Appsee, a company that provides a simple visual-in-app analytics platform enabling companies to measure, understand and improve the user experience in their mobile apps, to act on insights delivered by the SaaS platform, was acquired by ServiceNow for $26 million.
              • Podium (adCore), a company that makes Search Engine Marketing accessible to everyone and incorporates the skills and expertise of SEM marketers, and fully automates the process of campaign submission, analysis, and optimization, raised $4.15 million in its initial public offering on the Toronto Stock Exchange.

              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.

               

              Best,
              Massimo

              Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.

              iAngels Israeli Deal Digest – April 2019

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

              This April we tracked 29 announced deals totaling $788M, and 6 exits totaling $2.4B.

              FinTech and cybersecurity were the leading sectors this month. Lemonade, an InsurTech company, designed to offer homeowners and tenants insurance powered by AI and behavioural economics by replacing brokers and bureaucracy to guarantee zero paperwork and instant coverage, raised $300M in a growth financing round led by Softbank’s Vision Fund with the participation of Aleph LP, Expansion Venture, General Catalyst, OurCrowd, Sequoia Israel, Sound Ventures, Thrive Capital, Tusk Ventures, XL Innovate and including the Corporate VC Allianz X. Armis Security, a cybersecurity company that eliminates the IoT security blind spot, protecting enterprises from the threat of unmanaged or rogue devices and networks, completed a $65M growth round led by Sequoia Capital with the participation of Bain Capital, Cerca Fund, Insight, Red Hot Capital Partners, Tenaya, the Corporate VC Intermountain Ventures, and a few private investors.

              On the M&A side, we saw three large acquisitions including EFI, SAManage, and Magisto. EFI, a machine vision company, that is involved in digital imaging and print management solutions for commercial and enterprise printing, was acquired by Siris Capital for $1.7B. SAManage, a SaaS company that enables modern organizations worldwide to deliver a superior service experience to their employees, was acquired by SolarWinds for $350M. Magisto, a company that operates a cloud-based mobile video platform to upload, edit, and share video memories with friends and offers services for creating and sharing personal movies, was acquired by Vimeo for $200M.

              April 2019 Investment Highlights

              Seed Rounds

              • Crowdsense.ai, a FinTech B2B startup, whose core technology is a fully automated intelligence engine for institutional traders that detects disruptive events before they reach the news, received $0.22 million from private investors.
              • Brandable Technologies, an online B2B marketplace, enabling companies to buy top quality promotional and office products at low prices, received $0.12 million in seed funding from the Barclays Accelerator.

              A Rounds

              • VDroom, an AI startup that has developed an interface for managing the images of hotels and online tourism properties, with the creation of VR/360 images of tourism assets, has raised $0.33 million in a Series A financing round from private investors via ExitValley.
              • Run:AI, a company that has developed an automated distributed training technology which virtualizes and accelerates deep learning, speeding up the training of neural network models and enabling the development of large AI models, has raised $10 million in a Series A financing round co-led by S Capital and TLV Partners.
              • HomeTalk, a company that has become the world’s leading Do-It-Yourself Home & Garden community allowing homeowners, bloggers, and professionals to share their DIY projects has raised $15 million in a Series A financing round led by NFX with the participation of Adam Neumann, AltaIR Capital and private investors.
              • ExamPAL, a startup that is disrupting the test prep industry with a fully personalized online learning experience, using AI to forecast what would be the fastest way for the learners to solve any question by studying the way they think, received $2.2 million in a Series A financing with the participation of HighGrade Ventures, the holding company EduLab and private investors.
              • Splitty Travel, a booking platform based on patent-pending technologies, that detects and offers its users significantly reduced prices, has closed $6.75 million in a Series A financing round led by Fosun RZ Capital with the participation of 11-11 Ventures, 2B Angels, Founders Group, Corporate VCs such as Taya Ventures and Cockpit, the Accelerator TechStars, BIP and a private investor.
              • Phantom Auto, a remote control-as-a-service safety solution for autonomous vehicles, using low-latency, high-bandwidth technology which allows trained teleoperators to remotely support AVs encountering challenges that can’t be resolved by current autonomous technology or when passengers seek assistance, has raised $13.5 million in a Series A financing round led by Bessemer, with the participation of Maniv Mobility Fund, OurCrowd, Tectonic Capital, the holding company Wolfson Group and a private investor.
              • Betalin Therapeutics, a pre-clinical stage company developing an innovative cell therapy solution for diabetes treatment with a game-changing technology (an Engineered Micro-Pancreas) which aims to replace insulin therapy for millions of patients worldwide, has closed $2.5 million in a Series A financing round with the participation of Shay Sapir Investment and several private investors.
              • Oriient, a company that helps brick-and-mortar retailers integrate their stores into a shopper’s digital experience, enabling them to extend the digital experience into the store itself, has completed a $4 million Series A funding round with the participation of F2 Capital Fund, Innogy Innovation Hub and NGN Partners.

              B Rounds

              • ProteanTecs, a company that predicts failures in electronics by monitoring chips’ health and performance throughout their full lifecycle, applying machine learning to novel data, has raised $35 million in a Series B financing round from Redline Capital, Viola Ventures, Zeev Ventures, WRVI Capital, ITI fund, Corporate VCs such as Mitsubishi UFJ Capital and Intel Capital, and several private investors.
              • Teridion Technologies, a startup that is redefining content delivery by bringing a personalized Internet experience to businesses and their users, with a Global Cloud Network to stream video faster, to run Web conferences seamlessly, to upload files quicker, and more, received $9 million in a Series B financing round led by JVP with the participation of Magma and Sing Tel Innov.
              • Epitomee Medical, a MedTech company, that developed and commercialized drug-free self-administered, shape-shifting capsules, aimed to prevent diabetes and address overweight & obesity co-morbidities by promoting weight loss and establishing a healthier lifestyle, has raised $8 million in a Series B financing round led by XT Hi-Tech Investments with the participation of 7Health LP, Agate Medical, Consensus Business Group, and some private investors.
              • Amenity Analytics, a tech company that developed a cloud-based analytics solutions to help businesses draw actionable insights from text on a massive scale by transforming unstructured data into targeted information and delivering it in elegant formats, has closed $18 million in a Series B financing round led by the insurance company, STARR Companies, with the participation of State of Mind Ventures, AltruJem Ventures, and Corporate VCs such as Intel Capital and Allstate Investments, as well as a private investor.
              • Tarya, a company that provides an alternative investment platform in Israel, empowering growth, retention and relevance for the benefit of the public in both alternative investments and credit solutions to individuals and small businesses, has raised $19.7 million in a Series B financing round co-led by Digital Horizon, Hetz Ventures and Viola Ventures along with private investors.
              • 3D Signals, a company that is providing a sound-based predictive maintenance and equipment monitoring system, developed SENSO-MRR, an ultrasonic acoustic sensor which predicts electro-mechanical failure long before it becomes production-interruptive, has raised $12 million in a Series B financing round led by State of Mind Ventures with the participation of Grove Ventures Fund, Dor Engineering and several private investors.
              • Aidoc, a MedTech company that is creating a novel system for medical imaging, aiming to harness the recent advances in computer vision and machine learning to improve medical image diagnosis, and help the physician find the relevant data, received $27 million in a Series B financing round led by Square Peg with the participation of TLV Partners Fund, Magma, Emerge Fund, and several private investors.
              • AudioBurst, a company that is building the world’s largest growing library of audio content by listening to and indexing millions of audio files from a plethora of sources in real time, powered by advanced NLP technology and a proprietary AI platform that indexes audio segments into searchable bursts, has closed $10 million in a Series B financing round led by the Telecom company, Dentsu, along with 2B Angels, 83North, Flint Capital, a Corporate VC, Samsung Ventures and other companies such as Elron, Hyundai, Nippon Broadcasting or Advanced Media.
              • VDOO, a cybersecurity company whose mission is to create a chain of trust across the connected world, helping secure the Internet of Things on a global scale by using a machine learning-based engine to automatically analyze security vulnerabilities in connected devices, has raised $32 million in a Series B financing round co-led by GGV Capital and WRVI Capital with the participation of 83North alongside Corporate VC such as Dell Technologies, MS&AD Ventures or NTT Docomo Ventures, and several private investors.

              Growth/Miscellaneous Rounds

              • Aqua Security, a company that enables enterprises to secure their cloud native, container-based and serverless applications from development to production, accelerating container adoption and bridging the gap between DevOps and IT security, received $62 million in a Series C financing round led by the private equity fund, Insight, alongside Lightspeed, TLV Partners Fund, the Corporate VC M12 and a private investor.
              • Pagaya Technologies, an FinTech company that is focused on deploying machine learning algorithms and Big Data analytics to deliver measurably higher profits across the fixed income and alternative credit spectrum, using state-of-the-art machine learning and algorithms, has raised $25 million in a Series C funding round led by Oak HC/FT Partners with the participation of Carmel, GF Capital, the Corporate VC Digital Ventures, the insurance company Clal Insurance, Siam Commercial Bank, and a private investor.
              • Armis Security, a cybersecurity company that eliminates the IoT security blind spot, protecting enterprises from the threat of unmanaged or rogue devices and networks, with an IOT security platform that can see and control any device or network, completed a $65 million growth round led by Sequoia Capital with the participation of Bain Capital, Cerca Fund, Insight, Red Hot Capital Partners, Tenaya, the Corporate VC Intermountain Ventures and a few private investors.
              • Lemonade, an insurance company designed to offer homeowners and tenants insurance powered by artificial intelligence and behavioural economics by replacing brokers and bureaucracy to guarantee zero paperwork and instant coverage, has received $300 million in a growth round led by Softbank Vision Fund with the participation of Aleph LP, Expansion Venture, General Catalyst, OurCrowd, Sequoia Israel, Sound Ventures, Thrive Capital, Tusk Ventures, XL Innovate and including the Corporate VC Allianz X.
              • Bizzabo, a networking and mobile platform for event organizers and attendees which integrates social media to build highly-interactive event communities, helping organizers, sponsors and exhibitors, to engage directly with guests and seek out meaningful new business opportunities, has closed a $27 million Series D funding round led by Viola Growth with the participation of AfterDox, Kaedan Capital, LionBird, Maor Investments, Massa Innovations, next47, OurCrowd, Pilot Growth, Star Farm Ventures, and many private investors.
              • Rapid Medical, a biotech company that is developing products designed to treat aneurysm (abnormal expansion of the artery or vein), blood vessels, especially stroke, including a supporter that can expand into blood vessels, allow its flow, capture, and get rid of blood clots, has closed a $20 million Series C funding round co-led by JAM Capital Partners and Microport with the participation of Agate Medical, BRM Group, Gefen Capital Fund, RocSon Medtech fund, Shanghai-Israel Investment Fund, Winnovation, and a few private investors.
              • Spot.IM, a social engagement startup that brings together discovery, conversation and digital sharing, received $25 million in Series C funding from AltaIR Capital, Cerca Fund, D5 Capital, Index Ventures, Millhouse Capital, Norma Investments, and two private investors including Roman Abramovitch.
              • Reali, a real-estate platform that brings buyers and sellers together around open communications and fair home prices, making the entire process as frictionless, transparent and financially rewarding as possible, completed a $30 million growth round led by Zeev Ventures with the participation of Liquid2 Ventures, SGVC, and Signia Venture Partners.
              • Seedo, a startup that is developing a fully automated hydroponics growing device, letting users grow their own herbs’ and medicinal plants in the comfort of their own home and to control and monitor the growing process, from seed to plant, while providing optimal lab conditions to assure premium quality produce year-round, completed a $4 million financing round from private investors.
              • Can-Fite Biopharma, a biopharmaceutical company with fully integrated pharmaceutical discovery and clinical development capabilities with an advanced pipeline of proprietary compounds in phases 2 and 3 of the clinical development stages, which addresses autoimmune-inflammatory and cancer diseases, completed a $3.2 million financing round from one undisclosed investment management firm.

              M&A and IPOs

              • NetNut Ltd, a provider of a secure business proxy network that routes any HTTP/S requests through residential IPs with one hop connectivity to the target site, thus providing smooth and efficient traffic flow, with high speeds and low latency, was acquired by Safe-T for $9.7 million.
              • Tufin Software Technologies, a cybersecurity company that enables customers to increase their business agility while maintaining a robust security posture across physical networks, hybrid cloud, containers and microservices, raised $105 million in its initial public offering on the New York Stock Exchange.
              • SAManage, a SaaS company that enables modern organizations worldwide to deliver a superior service experience to their employees with its enterprise service management software which accelerates efficiency and visibility into required and delivered services across an organization, was acquired by SolarWinds for $350 million.
              • Magisto, a company that operates a cloud-based mobile video platform to upload, edit, and share video memories with friends and offers services for creating and sharing personal movies, was acquired by Vimeo for $200 million.
              • PRACTi, a company that develops iPad-based retail fund management systems for small businesses and self-employed workers, was acquired by Just Eat for $8.7 million.
              • Electronics For Imaging (EFI), a machine vision company, that is involved in digital imaging and print management solutions for commercial and enterprise printing, was acquired by Siris Capital for $1700 million.

              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.

               

              Best,
              Massimo

              Massimo is an investment associate in the iAngels investment team. He is passionate about technology & innovation and enjoys working alongside entrepreneurs with disruptive business ideas looking to make an impact. At iAngels, Massimo focuses on seed as well as series A, B & C investments and has built special expertise around FinTech, Cybersecurity, Enterprise Software, Environmental Tech, AgriTech and FoodTech.