Published On: Thu, Jun 16th, 2016

Israeli startups raise $356 million in two weeks of June

Bringing foreign innovators into the Tel Aviv startup ecosystem is hoped to spur even greater success. Photo courtesy of the Tel Aviv municipality

 

Israeli startups have raised in the first two weeks of June $356 million in their latest financing rounds. $237 million in the first week alone. In the second week ‘only’ $119 million was raised.

It started with the $50 million financing rounds by website guide developer WalkMe ; $40 million raised by Trax, Image Recognition for retail; $32 million raised by data storage company Weka.IO; $30 million by SundaySky, a smart video ; $25 million by Zimperium, a mobile cyber security developer; and $25 million by EarlySense health sensing and analytics company.

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In the second week, Yotpo, a Content recommendation company raised $22 million; Eyeview, a video marketing technology,  raised $21.5 million; Elastifile, flash storage company, raised $15 million; Lumus, augmented reality, raised $15 million; Talkspace, an online therapy raised $15 million; Nexar,  car dashboard camera technology raised $10.5 million; Nanit raised $6.6 million for baby sleep monitoring; Sixgill raised $5 million for dark Internet security; Nuro, secure messaging raised $2.6 million ; FORTVISION, raised $2.5 million for screen enhancement; 2 startups raised $2 million each-  cyber security Armeron, DeepSense industrial IoT company.
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