iAngels 2017 March Deal Digest

Welcome back to the iAngels monthly deal digest! This March we tracked 28 announced deals totaling $298m, alongside 4 acquisitions for a disclosed $15.4b.

Read on for the full scoop!

Seed Rounds

  • Speakizi, a platform connecting content providers and audiences, raised $500,000 from private angel investors.
  • Astralink, a software solution that uses computer vision and AR to prevent construction errors, raised $1m led by Grove Ventures.
  • Croosing, a software that enables publishers to create single links that lead to multiple webpages, raised $1.25m from Ramot Investments.
  • Haystack, a smartphone based business card platform, raised $1.7m led by Follow the Seed.

Series A Rounds

  • Cymulate, a cyber-attack simulation platform, raised $3m led by Susquehanna International Group.
  • Stampli, an invoice approval automation software, raised $2.3m led by Bloomberg Beta with participation from Hillsven and Upwest Labs.
  • RadiAction, a developer of radiation shields for catheterization labs, raised $5.7m led by HighGround Capital and Boya Capital.
  • ControlRad Systems, a radiation control system for x-ray systems, raised $3m from private investors.
  • CareDox, a platform connecting schools, families, and healthcare providers, raised $6.4m led by Digitalis with participation from existing investors.
  • Akeneo, an open source product information management system for retailers, raised $13m led by Partech Ventures.

Series B Rounds

  • Endor, a Q&A platform capable of explaining and predicting human behavior, raised $5m from Innovation Endeavors and Marker.
  • LawGeexan AI solution automating business contract review and approval, raised $7m led by Recruit Holdings with participation from existing investors.
  • Brayola, an online marketplace for women’s intimate apparelraised $5m led by Firstime Fund with participation from private investors.
  • XACT Robotics, a developer of image-guided robotic needles for minimally invasive proceduresraised $5m from MEDX Ventures Group and private investors.
  • Medisafe, a leading medication management platform, raised $14.5m led by Octopus Ventures with participation from Merck Ventures and existing investors.
  • ScyllaDB, a company providing open-source NoSQL database infrastructure, raised $16m led by Western Digital Capital and Samsung Ventures with participation from existing investors.
  • Bringg, a leading platform for delivery and logistic management, raised $10m led by Aleph with participation fromexisting investors.
  • Dyadic Security, the world leader in software defined cryptography providing identity and data protection services, raised $12m led by Goldman Sachs with participation from Citi Ventures and Innovation Endeavors.
  • EyeYon Medical, a developer of ophthalmic medical devices, raised $6.5m led by Rimonci Capital and Gauss Group with participation from existing investors.
  • Votiro, a cybersecurity start-up protecting against undisclosed and zero-day exploits, raised $10m from Redfield.
  • ControlUp, a real-time IT analytics software, raised $10m led by K1 with participation from JVP.

Growth/Miscellaneous Rounds

  • Reduxio, a developer of high performance enterprise data storage solutions, raised $22.5m led by C5 Capital with participation from existing investors.
  • Zimperiuman on-device mobile security software system, raised $15m led by Softbank Capital with participation from existing investors.
  • Cnogaa manufacturer of non-invasive monitoring devices for diabetes and cardiovascular disease, raised $50m from BOE Technology.
  • Active Implants, a developer of spine implants, raised $40m led by LS Health Science wtih participation from existing investors.
  • Foresight Autonomous, a developer of 3D multi-camera-based Advanced Driver Assitance Systemsraised $11.9m on the TASE from more than 30 private and institutional investors.
  • Autotalks, a developer of vehicle-to-vehicle, vehicle-to-infrastructure, and vehicle-to-pedestrian semiconductors, closed an additional $5m on its $25m round from December, bringing the total to $30m.
  • FreightOS, a sales automation platform for the logistics industry, raised $25m led by GE VEntures with participation from Gold Lion Holdings, Master Toys, and existing investors

M&A

  • AVT, a leading developer of automatic inspection systems for the packing and printing sectors, was acquired by Danaher, a designer and manufacturer of industrial and consumer products, for $107m
  • DigiFlex, a developer of inkjet-based industrial printers, was acquired by PV Nano Cell, a producer of single-crystal, metal nonmetric digital inks, for $10m.
  • Cappsool, an app distribution and discovery platform, was acquired by Natural Intelligence, a performance-based marketing company, for an undisclosed sum.
  • Mobileye, a world leader in Advanced Driving Assistance Systems, was acquired by Intel for a reported $15.3b.

On behalf of everyone at iAngels, I’d like to thank you for tuning into our deal digest.  

If you’d like to receive our monthly digest in your inbox, please subscribe below. 

 

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]

[/av_textblock]