Israeli gaming firm Diwip acquired by Canada’s Imperus for up to $100M
Another Israeli social gaming firm is being acquired by a major international gaming company. Canada’s Imperus Technologies announced this week that it would spend up to $100 million for Diwip, a Tel Aviv-based company that runs, among other things, Best Casino, a series of top-grossing Facebook gambling-but-not-for-money games. To read more about the company and Israel’s social gaming industry, click here.
OurCrowd In The News
OurCrowd was featured inIsrael’s leading business daily
Israel leads innovation in fintech with growing Bitcoin community
There is no denying that on the digital front Israel has a lot to offer. This statement is particularly true when it comes to Bitcoin and other digital currencies, as Israel is rapidly being recognized as a major leader in fintech, or financial technology. The rising number of fintech startups and Bitcoin related enterprises are testament to the fact that Israel is one of the places to be in terms of digital currencies. To read more, click here.
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Faces of the Startup Nation: Q&A with internet pioneer Jeff Pulver
Jeff Pulver is an Internet pioneer known for his work in the Voice over IP industry. A globally renowned thought leader, inspirational speaker and entrepreneur, Pulver was dubbed a ‘Tech Guru’ by Business Week for his commitment to the future of the Internet and expertise in his field. Currently, Pulver serves as Chairman of Zula, an OurCrowd portfolio company he co-founded with Jacob Ner-David. To read more, click here.
Banking on the Startup Nation: Leumi and Salesforce holding Israel’s 1st fintech hackathon
Banks are heavily regulated organizations that are not known for their innovation, so it’s unusual to hear about them holding a hackathon, which is the epitome of creativity and out of the box thinking. From October 22-23, Bank Leumi and Salesforce will be holding a 36-hour hackathon to invent the bank of tomorrow at Ganey Hatarucha in Tel Aviv, Israel. Hackers will be tasked to develop banking apps for Salesforce’s App Exchange, with the most successful apps gaining entry to the Salesforce App Exchange marketplace and the chance of winning a NIS 100K prize. To read more, click here.
Securities Authority eases rules for crowdfunding, Seeks to bring more investors into Israeli high-tech
In a pair of recent moves, the Israel Securities Authority has created a framework to make it easier for startup companies to raise capital through crowdfunding. The authority is looking for ways to encourage more investors to put money into high-tech startups. Crowdfunding has become an increasingly popular conduit, but risks running afoul of securities law. The authority will grant authorization for crowdfunding platforms that remains in force for a year, enabling it to conduct more than one investment round. To read more, click here.
OurCrowd’s News Nuggets
Israeli social gaming power ready to make it in Las Vegas (Ha’aretz)
