Israeli startup Fiverr, the world’s largest marketplace for creative and professional services, has raised $30 million in Series C funding. Fiverr lists over 3 million jobs in more than 100 different categories across 196 countries, making it one of the top 130 websites in the world. Alongside the funding round announcement, Fiverr launched version 3.0 of its platform.To read more about the funding round and the company’s role in the growing Gig Economy, click here.
Wear it well: The top ten wearable tech made in Israel
Wearable technology is steadily becoming the next frontier for high tech companies, investors and consumers. From earphones to pedometers, we are only at the beginning of a rising trend in wearable technology gear, gadgets, and gizmos. Israel plays a leading role in this steadily growing sector. In a short span of time, the country has produced an impressive number of incredible technologies for people to wear. To read more about the top 10 wearable technologies made in Israel, click here.
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Updates You Might Have Missed
Trending Israeli Entrepreneurs
Apple taps Israeli Technion grad to lead Hardware Technologies unit
Electronics giant Apple revealed that it has appointed its first Israeli vice president. Johny Srouji, a former Haifa resident who has held senior positions at the company, had become its vice president of Hardware Technologies. Srouji, who has a master’s degree in computer science from the Technion-Israel Institute of Technology, started working for Apple in 2008, having already served in senior positions at Intel and IBM. To read more about Srouji’s story, click here.
‘TalkItt’ helps people with speech impairments to speak clearly
Speech is perhaps the most primary form of communication among humans, with some research showing that the average person speaks up to 16,000 words a day. However, this basic skill is a struggle for the 1.5 percent of the world’s population living with varied forms of speech impairments. Israel’s VoiceItt is currently developing a product called TalkItt, a speech technology app that is able to recognize unintelligible speech and translate it into any understandable language in the speaker’s own voice. To read more, click here.
Tel Aviv University launches R&D institute focused on alternative fuels
Tel Aviv University announced the establishment of a new academic and applicative institute to pursue R&D on alternative energies and transportation. The goal is to develop innovative models for transportation and boost awareness of the problems in government circles as well as among the general public. The institute also intends to foster entrepreneurial ideas, early-stage startups in transportation solutions, which will be chosen through a competitive process and will be able to house their baby businesses on TAU’s campus. To read more, click here.
OurCrowd’s News Nuggets
Digital content company ironSource raises $80-100M (Globes)
What’s on your mind? Israeli ElMindA’s ‘helmet’ knows (Times of Israel)
JoyTunes raises $5M to make it fun to learn to play music (WSJ)
Yahoo buys ClarityRay, its 2nd Israeli acquisition in a month (VentureBeat)
Israeli ride-hailing app GetTaxi aiming to raise $150M (Ha’aretz)
