Israel’s Conduit expected to split up and acquire Perion
Israeli toolbar giant Conduit plans on splitting the existing $1.5B company into two entities. In addition, negotiations between Conduit and Perion are taking place in what would amount to a $150-$200M reverse merger. To read more about a merger that may prove to be one of the most complex acquisitions made in recent years, click here.
Automobile technology company, Mobileye recently announced that it has successfully raised $400M from “five unaffiliated” financial investors, according to a statement released by the company. Now, Mobileye is the highest valued privately-held company in Israel. To read more about Mobileye’s plans to develop affordable self-driving cars, click here.
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Trending Israeli Entrepreneurs
One-on-One with the ‘Iron Lady’ of Israeli startups, Dr. Michal Tsur
Dr. Michal Tsur, co-founder of Cyota, the online security firm that sold for $145M in 2005 and current president and Co-Founder Kaltura, shares her secrets to making it in the tech business while juggling family, cross-continent living, staying in shape – without even knowing the slightest thing about coding. To read the full interview, click here.
OurCrowd’s investor toolbox: useful resources for startup investing
Lately it seems like every other day we hear about some Israeli startup going public, launching a product, making an “exit” or closing a financing round. However, most investors don’t know how to hop on the success train. So, OurCrowd’s Zack Miller put together a useful list of tools and resources for those interested in investing in Israeli startups, here.
When Israel’s elite army tech unit veterans turn startup entrepreneurs
8200 graduates have developed a reputation for creating stellar startups once they enter into the civilian market. Notable examples include Check Point, ICQ and Nice. So, it’s no wonder more and more successful startups are headed by 8200 veterans. To read more, click here.
OurCrowd’s News Nuggets
Seculert raises $10m from Sequoia and others (TheNextWeb)
