OurCrowd’s portfolio company mPrest was featured in The Times of Israel, an English-language news website covering Israel, the region & the Jewish world. mPrest is a global provider of mission-critical monitoring and control solutions for the defense, security, utility and Internet of Things (IoT) sectors.
Crowdfunding, until now the scraggy little brother of “real” venture capital investing, is all grown up and ready to take its place at the investment table, as is clear from the company it has begun keeping. No less a company than mPrest, the creator of Israel’s Iron Dome missile defense technology, has opted to raise money in a new round with Israeli crowdfunding pioneers OurCrowd.
“They have a huge network of potential investors and customers that we feel can help us more than a typical venture capital fund,” said CEO Natan Barak Monday. “For a company like ours it is not a typical move, but one that we feel is good for us.”
Read more on The Times of Israel here.