Featured Image Credit: Yaniv Feldman
See this infographic to know all the impressive deals made last week in Startup Nation, including Amazon and Alibaba’s maiden investments in Israeli startups.
Here is a pretty neat infographic our Editor-in-Chief, Yaniv Feldman, was inspired to create. He writes, “One week. Over $900M. January 2015 Israel. — feeling proud.”
The majority of funding that Israeli startups raised last week were through acquisitions, totaling $770 million. The largest of these deals, which comprised almost half of the total Israeli acquisitions from last week, was Amazon’s purchase of Annapurna Labs for $370 million, also marking Amazon’s first acquisition in the holy land. Originally reported in Calcalist (in Hebrew), Annapurna Labs’ extremely secretive technology is supposedly “building the next generation semiconductor platform.”
Israeli startups also raised $140 million in funding rounds, including cloud based testing company Ravello ($28 million (in Hebrew)), app promotion campaign tracker AppsFlyer ($20 million), and patient smart sensor startup EarlySense ($20 million (in Hebrew)). Alibaba also made their investment in an Israeli company, QR code beautifier Visualead, for an estimated $5 million.
The Startup Nation has had an impressive start in 2015. The next step? IPOs — but we don’t expect those announcements will come until late February or March. Israeli companies such as Outbrain are still in the midst of their pre-IPO road shows post-holiday season.
Source: www.geektime.com