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StageOne Ventures
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Oversi Gets $4.9 million from Carmel, Cisco, Smac and StageOne Ventures
Israeli startup Oversi has announced a series C round of $4.9 million investment round led by Carmel ventures and joined by Cisco, Smac partners and StageOne ventures. Oversi offers a multi-service platform for over-the-top (OTT) content, including Internet video, peer-to-peer (P2P) and other media applications.
IBM to Buy Database Security Co Guardium for $225 Million
IBM is about to acquire Guardium for $225 Million, according to Haaretz. Guardium provides software solutions for database activity monitoring, security, and auditing. This is the largest high-tech Israeli exit in 2009 and a great achievement for Guardium's investors, who will be getting 10x returns on their bets.