After countless rumors and speculations, Wix, the Israeli DIY website building platform has finally gone public. Wix managed to raise over $127M on the Nasdaq, pricing each share at $16.50. The IPO marks yet another Israeli company to go public and the third in 2013 to do so. To read more about the Wix’s IPO, click here.
Given Imaging, an Israeli medical technology company, has developed a non-invasive method of detecting intestinal disorders with their flagship product – PillCam, a pill-sized camera ingested by patients, giving doctors a better and easier way of seeing what’s happening in the stomach and intestines. To read more about this exciting technology, click here.
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Trending Israeli Entrepreneurs
Israel on track to break 1994 M&A record
M&A in the Start-up Nation of 2013 is on fire. With over $4B in transactions, including a $1B acquisition of Waze by Google and the $800M IBM shelled out for Trusteer, Israel is on the right track to having its highest rate of M&A activity since 1994. To read more about Israel’s red-hot M&A scene, click here.
GE Ventures partners with OurCrowd
GE ventures recently announced it’s joined OurCrowd in a co-investment partnership, enabling the massive global conglomerate to invest in select early stage Israeli startups. To read more about this great partnership, click here.
5 amazing brain technologies from the Start-Up Nation
The Start-up Nation is associated with many things, including awesome brain power. So, naturally, brain-related innovations are in abundance here. OurCrowd lists 5 amazing brain related Israeli technologies here.
OurCrowd’s News Nuggets
Israel’s answer to Instagram – Mobli raises $60M (TechCrunch)
Wilocity partners with Cisco to create new wireless standard (GeekTime)
Israel to build 5th largest solar-power plant on the planet (Mashable)
