Author: OurCrowd

[OurCrowd Qure in Globes] Israel’s OurCrowd launches $50M digital health fund

Nov 1, 2016 |

Israeli angel investors crowdsouircing club OurCrowd today announced the establishment of OurCrowd Qure, a $50 million venture capital fund for digital health investments. OurCrowd, led by Jon Medved, will invest $5-10 million of its money (the company recently raised $70 million for its regular activity, including investments like this one). The rest of the money will come from the company’s investors club, composed of wealthy individuals from the US, Israel, and other countries. The fund is also raising money from non-member investors, and has secured a $10 million investment in recent weeks from parties in technology and health in Australia and Hong Kong. Read more on Globes...

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[Times of Israel] OurCrowd advisory board is joined by Alec Ellison

Oct 27, 2016 | ,

OurCrowd, the Jerusalem-based equity crowdfunding platform, said Thursday that Alec Ellison, former vice chairman of Jefferies, LLC, and chairman of the Technology Investment Banking group, has joined the OurCrowd advisory board. Prior to Jefferies, Ellison, who holds a BA from Yale and an MBA from Harvard, was president of Broadview International, later acquired by Jefferies. He began his banking career at Morgan Stanley. “With nearly 30 years on Wall Street, Alec’s insight and experience in the technology and financial services industries will be of immense value as we continue to grow OurCrowd,” OurCrowd CEO Jon Medved said in a statement. “Our firm continues to scale up, and our partnerships and work with world-class financial institutions are key to driving the current growth.” Ellison’s addition to the advisory board “further strengthens our future,” he said. Read more on the Times of Israel...

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[PRESS RELEASE] Alec Ellison Joins OurCrowd Advisory Board

[PRESS RELEASE] Alec Ellison Joins OurCrowd Advisory Board

Oct 27, 2016 |

Jerusalem, Israel, October 27, 2016 – OurCrowd, the world’s leading equity crowdfunding platform, has announced that Alec Ellison, former Vice Chairman of Jefferies, LLC, and Chairman of the Technology Investment Banking group, has joined the OurCrowd Advisory Board. Prior to Jefferies, Ellison was President of Broadview International (which Jefferies acquired).  He began his banking career at Morgan Stanley. Mr. Ellison holds a B.A. from Yale and an M.B.A. from Harvard, where he was a Baker Scholar. Read more here....

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[Globes] 9 Israeli fintech cos make KPMG top 100

Oct 27, 2016 | ,

KPMG regards Israel as a significant fintech incubator, with 450 companies active in the field. Nine Israeli companies were among KPMG’s 100 most promising fintech companies for 2016, compared with eight in 2015. Two Israeli companies Payoneer and Ourcrowd were rated among the 50 leading established companies, while seven were listed among the emerging fintech stars of tomorrow. Read more on Globes...

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[PowWow in TechTarget] PowWow buys StarMobile as app refactoring market looks up

Oct 27, 2016 |

As the app refactoring market continues to churn, one of the vendors that closed its doors earlier this year will soon see new life. PowWow Mobile today said it plans to acquire StarMobile Inc., an Atlanta-based mobile app development competitor that ceased doing business this summer. PowWow will integrate the technology into its SmartUX platform, the company said. The combination of the two technologies could provide improved rapid app development capabilities for IT shops in one platform, and signals an upturn in the overall market, experts said. Read more on TechTarget...

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