Compass-EOS on Monday announced that it has raised USD42 million from its latest funding round. Top-tiered investors including global venture capital funds, service providers and network suppliers have participated in the round.
Israel
Apple takes over Israeli PrimeSense for USD350 million
An Apple Inc. spokeswoman has confirmed that the Cupertino-based tech giant will acquire Israel's PrimeSense Ltd. for USD350 million. The PrimeSense deal is the latest in Apple's acquisition of less well-known companies.
Israeli computer scientists uncover Dread Pirate Roberts-Satoshi Nakamoto connection
A report from Israeli scientists explored the connection between the arrested operator of Silk Road Ross William Ulbricht and the secretive inventor of the digital currency bitcoin Satoshi Nakamoto.
Waze rolls out feature where celebrities give you driving directions
Waze has released a new feature wherein its users are able to listen to voice navigation provided by celebrities due to its partnership with Universal Pictures.
Team Singular backs Israeli startups with combined USD34.5 million
The fund formerly known as Genesis Angels supported startups like Sirim, StoreDot Ltd and other chosen, early-stage startups in Israel via a combined investment of USD34.5 million.
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Terms of Frutarom Industries' definitive agreement to acquire Protein Technologies Ingredients (PTI) included an option to acquire the remaining 25% interest from minority shareholders in the next three years.
According to financial newspaper Calcalist, Apple had bought Israeli chip maker PrimeSense for a USD 345 million. However, PrimeSense said it did not relate to rumors made about its customers and partners.
According to a report written in Hebrew at Calcalist, Apple acquired the company that helped develop the original Kinect of Microsoft for USD345 million.
Although Israeli venture capital funds had much to gain from exits in successful startups this year, data from research firm IVC Online showed that a lack of available capital has impede the funds' ability to raise new capital.
Viola Private Equity's 19.5% stake in filtration technology company Amiad Water Systems Ltd. had been put up for sale. The investment firm's stake in the company is now worth GBP12 million.
A USD12 million fund infusion was received by Channel 1Q for it use to accelerate its development. The central marketplace for retailers and manufacturers, Channel IQ announced the raising of USD12 milion from Drive Capital.
A recent investment round by Israeli startup Mobli had secured USD60 million in investment from Carlos Slim's América Móvil and other institutional investors.
GE Ventures entered the crowdfunding arena by partnering with the OurCrowd platform. GE Ventures embraced crowdfunding today by partnering with OurCrowd, an Israeli crowdfunding platform.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
