Winners and Losers of the Week: The 66 Israeli Tech Companies That Were Acquired in the First Half of 2019 Top This Week’s List

This week’s winners are:

The 66 Israeli tech companies and startups who were acquired or completed exits in the first half of 2019 - for a combined sum of $14.48 billion. According to Israel-based research firm IVC Research Center and Israel-based law firm Meitar Liquornik Geva Leshem Tal, the average exit valuation increased to $116.6 million, from $88.92 million in the first half of 2018. Read more

 

 

Ronit Atad for being appointed as general manager of Microsoft Israel. Starting in October, Atad, who currently serves as the CEO of Elad Software Systems, will be responsible for Microsoft’s business activity in Israel. Read more

Venture capital firm Grove Ventures for raising $120 Million for its second fund. According to Dov Moran, managing partner at Grove, the new fund will also invest in artificial intelligence seed-stage startups. Read more

This week’s losers are:

While not a definite loser but disappointing rather, is customer analytics startup Clicktale who will be integrated into French digital insights company Contentsquare. While the financial details of the acquisition were not disclosed, Calcalist was told that the company was acquired for several tens of millions of dollars, less than the $90 million the company has raised to date. Read more

This week’s data point: $18.6 Billion

Israel-linked companies in New York State generated $18.6 billion in revenue in 2018 and directly employed 24,850 people in the state, according to a new report by the New York–Israel Business Alliance. From 2014 to 2016, Israel-linked companies secured $3.5 billion in venture capital funding and in 2016 were responsible for more than 20% of the total capital raised in New York State. Read more

This week’s top deals:

Fintech startup Pagaya secures $100 million to invest in asset-backed securities. Read more

Cybersecurity company TrapX raises $18 million. Read more 

Cancer patients social network developer Belong.Life raises $14 Million. Read more

Cybersecurity company Exabeam acquires cloud security startup SkyFormation. Read more

Tokyo-listed Dentsu backs digital communication startup Imprint. Read more

 

Liquidity Capital backs E-lending startup Ezbob. Read more