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sequoia

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bitesize friday vc cafe helsinki finland
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Bitesize Friday: NowForce, Cotendo, United Parents, Zerto and Entrepreneur Resources

Facebook Expands Credits Offers to Europe Via SupersonicAds - a huge deal for the Israeli startup, perhaps thanks to its UK office? AT&T set up new R&D and incubation center in Israel in collaboration with Amdocs - welcome AT&T Foundry. More headlines on this VC Cafe Bitesize Friday
Onavo logo
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Business As Usual: Onavo, VideoSurf and Kaminario Raise Funding

The LinkedIn IPO this week may have opened the gates for an Israeli market thirsty for exits, but in the meanwhile, VC funding in Israel continues with business as usual. Below are three recent founding rounds in Israeli venture-backed companies. Onavo, Kaminario and VideoSurf are three recent examples of venture-backed Israeli startups that have raised funding.
Snaptu, the app store for feature phones
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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

Facebook surprised with its first acquisition in Israel today, with the announcement that it is buying Israeli startup Snaptu (previously known as Moblica) for an estimated $60-70 million. Founded in 2007 by Ron Makavy, Micha Berdichevsky, and Barak Naveh, Snaptu raised a total of $9 million in three rounds

Bitesize Tuesday: Fifty one, Provigent and Time to Know

# 80 schools in New York are testing Time to Know's computer-based curriculum in the class room as part of a $7.2 million project - http://goo.gl/TAFp # Fabless semiconductor company Provigent is named the most promising startup in Israel by Globes and E&Y - The company had $25 million revenue in 2009 and expects $40 million in sales this year
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Bitesize Tuesday: Tracx, Innovid, Kenshoo, uTest and More Investment Rounds [recap]

Israeli startup fundraising seems to be picking up towards the end of Q3 with several companies raising rounds of at least $10 million each. Innovid, Tracx, eXalate, uTest and SimpliVT are featured on this bitesize report.
venture capital investments in israel q2 2010
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Crisis Shmisis: Q2 2010 Closes with 40 deals and more than $400 million raised in Israel (Deal Summary)

The second quarter of 2010 has come and gone and despite the depleting VC and incubator capital in Israel, the quarter has brought approximately 40 deals with over $400 million invested