iAngels Weekly Deal Digest – May 26th, 2016

This week was a significant funding week in Israel, with a total of $363m in recorded investment, the bulk of which came from the Gett/VW deal ($300m)

Seed Rounds

  • Continuse, a biometric security solution, raised a $1m seed round from Lenovo Group, Tyco, and Olive Tree
  • Hoopa music and social entertainment app developer, raised a$2m seed round from The Sovereign Group and private investors 

Series A Rounds

  • Invest.com, an alternative investment platform, raised a $20m Series A round from existing investor Singulariteam.
  • Demistoa cybersecurity response and forensics startupraised a$6m Series A led by Accel with participation from private investors.
  • Sensifree, a sensor company targeting mobile fitness and healthcare, raised a $5m Series A round, led by Translink Capitalwith participation from Samsung, UMC Capital, and Benjamin Zeevi
  • Votiro, a cybersecurity company focused on Zero-Day attacks, raised a $4m Series A from Redfield Asset Management and private investors

Growth Rounds

    • Getta cab-hailing startup with operations across some 60 cities, raised a $300m Growth round from Volkswagen

     

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    Love,
    Max

    Max Marine
    Max Marine is an iAngels Investment Analyst. Prior to iAngels, Max was a Junior Partner at Venture1st, providing marketing and communications support to Israeli start-ups. Max passed the three CFA exams consecutively, holds an MS in Investment Management, and a B.B.A. in Finance, Real Estate, and Risk Management and Insurance from Temple University’s Fox School of Business. Contact him at [email protected]