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	<title>StartUpMania &#187; Focus On&#8230;</title>
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	<link>http://startupmania.net</link>
	<description>News  from the Israeli Startup Scene</description>
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		<title>Deutsche Telecom Leads a $6 Million Fund Raising Round for myThings</title>
		<link>http://startupmania.net/2010/11/23/deutsche-telecom-leads-a-6-million-fund-raising-round-for-mythings/</link>
		<comments>http://startupmania.net/2010/11/23/deutsche-telecom-leads-a-6-million-fund-raising-round-for-mythings/#comments</comments>
		<pubDate>Tue, 23 Nov 2010 15:11:21 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
				<category><![CDATA[Focus On...]]></category>

		<guid isPermaLink="false">http://startupmania.net/?p=828</guid>
		<description><![CDATA[Tel Aviv based start-up myThings, which develops  advertisement products for e-commerce websites, has just completed a $6 million third round fund raising round. The fund raising round was led by T-Venture, the venture capital arm of Deutsche Telecom, and was joined by some of the existing company investors &#8211; the venture capital fun Carmel Ventures, [...]]]></description>
			<content:encoded><![CDATA[<div style="background-color: transparent; font-family: Times; line-height: normal; font-size: small; margin: 0px;"><span id="internal-source-marker_0.9079604996368289" style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img class="alignright" title="mythings" src="http://startupmania.co.il/wp-content/uploads/2010/11/mythings.jpg" alt="" width="249" height="91" />Tel Aviv based start-up </span><a href="http://www.mythings.com/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">myThings</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, which develops  advertisement products for e-commerce websites, has just completed a $6 million third round fund raising round. The fund raising round was led by </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">T-Venture</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, the venture capital arm of </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Deutsche Telecom</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, and was joined by some of the existing company investors &#8211; the venture capital fun </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Carmel Ventures</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Excel Partners</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">GP Bullound</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> and </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Dot Corp</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">myThings’ personalized retargeting advertising technology allows e-commerce websites to present to web-surfers who’ve visited the website and left without making a purchase an advertisement generated automatically based on actions comitted on the retail website. According to company spokespeople, they are increasing by 100% the rate of return vistis, most of which end with a transaction. This technology is an advanced form of Retargeting, in which web users who visit an e-commerce website and did not purchase anything are exposed to advertisement by that website while surfing other websites.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">According to the leading reaserch and tracking firm </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Comscore</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, this technology achieves much better results than other form of targeted advertising, contextual advertising or behavioral targeting advertisement. Additionally, myThings does not make use of users private detials for its focused advertising, but is based on statiscal analysis of annoynoums information which represents user activity at the e-commerce website.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">myThings already counts among its clients such firms as: Orange, Price Minister, Karen Millen, Etam, PIXMania and more.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The prevailing presence of Deutsche Telecom in the digital media market hides a great potential for future co-operation with myThings. Websites owned by Deutsche Telecom see over 27 million unique visits a month, and the group is ranked at number one in exposure to web surfers in Germany, as stated by web-ranking firm AGOF. Among the companies owned by Deutsche Telecom is Interactive-Media, the leading German firm for marketing quality digital media.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Frank Bechar</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, a senior executive at Deutsche Telecom, said: “What impressed us with myThings is the company’s technology, which leads to a significat rise in the number of transactions made by users of e-commerce websites who previously visited without making a transaction. The company works in the focused advertising market, which is quickly growing in Europe. We were also very much impressed with the company’s crew.”</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Benny Arbel</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, CEO of myThings, said: “We see T-Ventures joining our investor group as a vote of confidence and trust in our technology and business model. Purchase oriented focused advertising is driving the growth of the electronic commerce market. myThings’ technology allows marketers online to address web users in a way which focuses on their purchase intents, and thus improves the effectiveness of marketing campaigns. The money raised in our latest round will be used for support in research activity and development in order to increase sales in the European sales and marketing market.”</span></div>
<p style="text-align: right;"><em>Translated by Itai Rosenbaum</em></p>
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		<item>
		<title>The Big Sunday: SundaySky Raises $9 Million</title>
		<link>http://startupmania.net/2010/10/11/the-big-sunday-sundaysky-raises-9-million/</link>
		<comments>http://startupmania.net/2010/10/11/the-big-sunday-sundaysky-raises-9-million/#comments</comments>
		<pubDate>Mon, 11 Oct 2010 15:14:34 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
				<category><![CDATA[Focus On...]]></category>

		<guid isPermaLink="false">http://startupmania.net/?p=820</guid>
		<description><![CDATA[Israeli start-up SundaySky, which created automated production solutions for video clips based on existing web content, has raised $9 million in a second fund-raising round. The company, founded by Smulik Weller and Yaniv Axen, has already raised about $8 million from the venture capital funds Carmel Ventures and Globespan Capital Partners.
The company provides a platfrom [...]]]></description>
			<content:encoded><![CDATA[<p><span id="internal-source-marker_0.4640147928148508" style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img class="alignright" title="SundaySky" src="http://startupmania.co.il/wp-content/uploads/2010/10/SundaySky.gif" alt="" width="160" height="57" />Israeli start-up </span><a href="http://www.sundaysky.com/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">SundaySky</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, which created automated production solutions for video clips based on existing web content, has raised $9 million in a second fund-raising round. The company, founded by </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Smulik Weller</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> and </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Yaniv Axen</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, has already raised about $8 million from the venture capital funds </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Carmel Ventures</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> and </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Globespan Capital Partners</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The company provides a platfrom for turning numerical data, statistical information or still pictures &#8211; the type of data we are used to consume on the internet &#8211; into light video clips, the kind which intigrate the raw material into fixed template in order to create a richer presentation.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The current fund-raising round was spearheaded by the venture capital fund </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Norwest Venture Partners</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, Carmel Ventures and Globespan Capital Partners, which have previously invested in the company, also joined in the current round. Following the investment, </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Dror Nahumi</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, a partner in Norwest Venture Partners, will join SundaySky’s board of directors.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">SundaySky’s product may be of interest to e-commerce websites &#8211; who wish to expose in an interesting manner as much of the products out of the near infinite stock which they can sell; dating sites and social networks &#8211; which contain thousands upon thousands of photos and information about their respective users, which can then be integrated into an interactive film that will be used to get to know the user better; and even news sites &#8211; which could now present a sort of filmed edition, updated in real-time, of all the latest news stories, or the ones most read, and even add to the film relevant visual details which appear in related stories. Naturally, these automated videos based on existing content allow websites to integrate video adevertisements into these films and create an additional advertising income.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">According to company spokesmen, the dynamic integration into the clients’ website involves merely updating a few lines of code, as all data analysis and movie making work, according to the chosen template and business logic, is done via a SaaS on SundaySky’s servers. SundaySky’s movie-producing product only needs to receive the relevant data feed from the website’s database, content managing system, or even a static web page, and is then able to produce a video based on this data, which is updated in real time and appears on the web page.</span></p>
<p><a href="http://cdn.sundaysky.com/history/player.swf?file=videos/70071.flv"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Click here</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> to view a film produced by SundaySky for History.Com</span></p>
<p style="text-align: right;"><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><em>Translated by Itai Rosenbaum</em></span></p>
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		<title>Actimize&#8217;s Founder&#8217;s New Start-Up: Personetics</title>
		<link>http://startupmania.net/2010/09/30/actimizes-founders-new-start-up-personetics/</link>
		<comments>http://startupmania.net/2010/09/30/actimizes-founders-new-start-up-personetics/#comments</comments>
		<pubDate>Thu, 30 Sep 2010 17:25:33 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
				<category><![CDATA[Focus On...]]></category>

		<guid isPermaLink="false">http://startupmania.net/?p=818</guid>
		<description><![CDATA[Remember Actimize? The start-up for identification and notification for operational risks for financial bodies which sold back in 2007 for several hundred million dollars to NICE?
Well, StartUpMania recently found that Actimize’s founders, David Govrin and David Sosna, are planning on throwing the financial service world into another revolution with their new start-up: Personetics.
If you believe [...]]]></description>
			<content:encoded><![CDATA[<div style="background-color: transparent; font-family: 'Times New Roman'; line-height: normal; font-size: small; margin: 0px;"><span id="internal-source-marker_0.15784042701125145" style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img class="alignright" title="Personetics" src="http://startupmania.co.il/wp-content/uploads/2010/09/logo.gif" alt="" width="118" height="28" />Remember </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Actimize</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">? The start-up for identification and notification for operational risks for financial bodies which sold back in 2007 for several hundred million dollars to NICE?</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Well, StartUpMania recently found that Actimize’s founders, </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">David Govrin</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> and </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">David Sosna</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, are planning on throwing the financial service world into another revolution with their new start-up: </span><a href="http://www.personetics.com/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Personetics</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">If you believe in the couple, have a background in Java, BI and natural language analysis and want to work in Tel Aviv (or even New York) &#8211; the two are</span><a href="http://www.personetics.com/Careers.html"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;"> looking for employees</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">And which venture capital will take the chance on the burgeoning company? It seems that the two’s relationship with </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Carmel Ventures</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> has heated since the giant exit they’ve organized for the Hertzlia-based investment firm, and who’s going to pass up and second round with two entrepreneurs who’ve proven themselves? It seems </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Avi Zeevi</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> will not pass up this next adventure.</span></div>
<p style="text-align: right;"><em>Translated by Itai Rosenbaum</em></p>
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		<item>
		<title>Zohar Gilon Invests in Tracx</title>
		<link>http://startupmania.net/2010/09/30/zohar-gilon-invests-in-tracx/</link>
		<comments>http://startupmania.net/2010/09/30/zohar-gilon-invests-in-tracx/#comments</comments>
		<pubDate>Thu, 30 Sep 2010 17:19:47 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
				<category><![CDATA[Focus On...]]></category>

		<guid isPermaLink="false">http://startupmania.net/?p=814</guid>
		<description><![CDATA[StartUpMania has just found that Zohar Gilon has invested a venture capital investment in the Israeli start-up tracx.
The company, founded in 2008, provides a SaaS solution for the planning, managing and tracking of marketing campaigns across social networks and employs roughly 15 employees in its Tel Aviv offices. It was founded by Eran Gilad, Yaniv [...]]]></description>
			<content:encoded><![CDATA[<div style="background-color: transparent; font-family: 'Times New Roman'; line-height: normal; font-size: small; margin: 0px;"><span id="internal-source-marker_0.009388421662151814" style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img class="alignright" title="tracx" src="http://startupmania.co.il/wp-content/uploads/2010/09/tracx.gif" alt="" width="274" height="103" />StartUpMania has just found that </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Zohar Gilon</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> has invested a venture capital investment in the Israeli start-up </span><a href="http://tra.cx/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">tracx</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The company, founded in 2008, provides a SaaS solution for the planning, managing and tracking of marketing campaigns across social networks and employs roughly 15 employees in its Tel Aviv offices. It was founded by </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Eran Gilad</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Yaniv Ben-Arie</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Asad Shtekler</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> and </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Niv Singer</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, and among its board of directors are </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Yaniv Golan</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, on of the two founders of the start-up </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Yedda</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> which was sold to AOL.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">According to Gilad, who serves as the company’s CEO, tracx is already showing profits, and possesses about twenty significant clients, mostly consisting of publicity and media marketing offices which run social campaigns on the web for their clients. “In Israel we work with McCan Ericson and their Israeli clients as well as with Refresh. At the same time, we develop our activity against our American clients,” says Gilad. “Our product provides the advertising office with End to End platforms for planning and managing the activity of commercial displays on social networks. Today we already work with Facebook, Youtube, Twitter, Digg, Delicious and other leading blogging and forum platforms.”</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Gilad tells that the company provides the advertising office a complete solution for managing each marketing process they may need online, from product launch to online tracking of social discourse around a specific brand or products, textual analysis of the comments made on the brand, identifying key players in the social networks related to the brand and even the ability to identify the elusive ROI, the cost vs. gain ratio that the client receives as a result of the marketing he funds on the social network.</span></div>
<p style="text-align: right;"><em>Translated by Itai Rosenbaum</em></p>
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		<title>Superfish on the Eve of a Major Investment</title>
		<link>http://startupmania.net/2010/09/30/superfish-on-the-eve-of-a-major-investment/</link>
		<comments>http://startupmania.net/2010/09/30/superfish-on-the-eve-of-a-major-investment/#comments</comments>
		<pubDate>Thu, 30 Sep 2010 17:18:12 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
				<category><![CDATA[Focus On...]]></category>

		<guid isPermaLink="false">http://startupmania.net/?p=812</guid>
		<description><![CDATA[It seems that the photo identification application field is about to reach its boiling point, with Google announcing back to back purchases of start-ups which develop photo identification algorithms or locating graphics with similar parameters to other graphics. Google’s latest purchase was Like.Com, which was founded based on the facial recognition start-up Riya, but in [...]]]></description>
			<content:encoded><![CDATA[<div style="background-color: transparent; font-family: 'Times New Roman'; line-height: normal; font-size: small; margin: 0px;"><span id="internal-source-marker_0.831962275551632" style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img class="alignright" title="Superfish" src="http://startupmania.co.il/wp-content/uploads/2010/09/superfish.png" alt="" width="155" height="87" />It seems that the photo identification application field is about to reach its boiling point, with Google announcing back to back purchases of start-ups which develop photo identification algorithms or locating graphics with similar parameters to other graphics. Google’s latest purchase was </span><a href="http://www.like.com/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Like.Com</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, which was founded based on the facial recognition start-up </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Riya</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, but in recent years focused its efforts around photo identification applications which deal with the e-commerce world. Several months earlier, Google bough </span><a href="http://www.plinkart.com/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Plink</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, a british start-up which specialized in analyzing photos via cellular phones. </span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">StartUpMania has just found out that the round of venture capital investments is set to reach Israel’s shores, and the first to enjoy it are Israeli start-up </span><a href="http://superfish.com/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">SuperFish</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, founded by </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Adi Pinhas</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> and </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Michael Chertok</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">. The start-up is set to enjoy investments from the DFJ fund and </span><a href="http://www.xenia.co.il/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Xenia</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">It should be noted that photo analysis is a popular field in Israeli software circles, as well as Israeli start-ups such as </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">PicItUp</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, who already work with Shopping.com and other companies which offer a wider range of photo analysis tools for social networks or cellular devices, such as Face.Com.</span></div>
<p style="text-align: right;"><em>Translated by Itai Rosenbaum</em></p>
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		<title>CommuniTake Raises $1 Million</title>
		<link>http://startupmania.net/2010/09/30/communitake-raises-1-million/</link>
		<comments>http://startupmania.net/2010/09/30/communitake-raises-1-million/#comments</comments>
		<pubDate>Thu, 30 Sep 2010 17:16:36 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
				<category><![CDATA[Focus On...]]></category>

		<guid isPermaLink="false">http://startupmania.net/?p=810</guid>
		<description><![CDATA[Israeli start-up CommuniTake has raised $1.05 million, $750,000 of which are part of a Round A led by Plus Ventures, the venture capital investment arm of the Moldevski Group and an additional 300,000 as a grant from the chief scientist. The company’s seed investment occurred on 2009, by SMH, a private investment firm owned by [...]]]></description>
			<content:encoded><![CDATA[<div style="background-color: transparent; font-family: 'Times New Roman'; line-height: normal; font-size: small; margin: 0px;"><span id="internal-source-marker_0.2682113731279969" style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img class="alignright" title="communitake" src="http://startupmania.co.il/wp-content/uploads/2010/09/communitake_logo.gif" alt="" width="203" height="82" />Israeli start-up </span><a href="http://www.communitake.com/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">CommuniTake</span><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;"> </span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">has raised $1.05 million, $750,000 of which are part of a Round A led by </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Plus Ventures</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, the venture capital investment arm of the </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Moldevski Group</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> and an additional 300,000 as a grant from the chief scientist. The company’s seed investment occurred on 2009, by </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">SMH</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, a private investment firm owned by business man </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Shmeul Mendzitzki</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">CommuniTake, founded in 2009, developed a platform for remote support on cellular phones, which allows the tech support representative to provide service and operate the phone as if the device is in his or her hands. This way, problems can be diagnoses easily and quickly, problems can be effectively solved and the phone’s owner can be conveniently guided in the event of malfunctions. Recently, the company has signed a few deals with communications and service providers in Israel and abroad and is taking part in several market trials in an effort for incorporation into a few other providers.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">According to company spokespeople, the fund raising round is still in effect and the company is in contact with several other bodies with intention to expand the round. This is in order to support the increased marketing activity following the large amounts of attention the company is receiving from leading international cellular providers.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Ronen Sason</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, CEO of CommuniTake, said that “these days, we are seeing the smart phone revolution taking place, with more and more people purchasing sophisticated phones. Alongside that, phone owners are having a hard time making use of the full potential of their new purchases. Our system allows tech support representatives in the cellular networks and large companies to provide advanced solutions, firmware updates and guides to users efficiently, personally and in a focused manner.”</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">According to </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Dubi Lachovitz</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, CEO of Plus Ventures, “Plus Ventures focuses on locating and investing in a new, innovative enterprises in the internet and cellualr fields with a real potential to become market leaders. CommuniTake fits into this strategy as the technology it developed places it primed to make a break into the global market.”</span></div>
<p style="text-align: right;"><em>Translated by Itai Rosenbaum</em></p>
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		<title>eXelate Raises $15 Million</title>
		<link>http://startupmania.net/2010/08/04/exelate-raises-15-million/</link>
		<comments>http://startupmania.net/2010/08/04/exelate-raises-15-million/#comments</comments>
		<pubDate>Wed, 04 Aug 2010 09:01:40 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
				<category><![CDATA[Focus On...]]></category>

		<guid isPermaLink="false">http://startupmania.net/?p=800</guid>
		<description><![CDATA[Kfar Saba based eXelate, which mediates between websites and advertisers who need information about their potential customers’ browsing habits, has completed a fund raising round of $15 million led by the venture capital fund Menlo Ventures with participation from Carmel Ventures.
eXelate was founded in 2006 by Meir Zohar, former founder and CEO of Oridian, who [...]]]></description>
			<content:encoded><![CDATA[<div style="background-color: transparent; font-family: Times; line-height: normal; font-size: small; margin: 0px;"><span id="internal-source-marker_0.06135847605764866" style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img class="size-full wp-image-801 alignright" title="eXelate-logo" src="http://startupmania.net/wp-content/uploads/2010/08/eXelate-logo.gif" alt="eXelate-logo" width="249" height="74" />Kfar Saba based </span><a href="http://www.exelate.com/new/index.html"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">eXelate</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, which mediates between websites and advertisers who need information about their potential customers’ browsing habits, has completed a fund raising round of $15 million led by the venture capital fund </span><a href="http://www.menloventures.com/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Menlo Ventures</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> with participation from </span><a href="http://www.carmelventures.com/"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Carmel Ventures</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">eXelate was founded in 2006 by </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Meir Zohar</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, former founder and CEO of </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Oridian</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, who is eXelate’s current CEO, and </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Elad Efraim</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, eXelate’s VP of Technologies. eXelate’s development manager is </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Shlomi Aflalo</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">. The company constructed a trading arena for the exchange of focused information about web surfers and their content consumption habits (aka </span><a href="http://en.wikipedia.org/wiki/Behavioral_targeting"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">Behavioral Targeting Data</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">), and even provides an array of tools for analysis of customer’s behaviour on different websites. If you are interested in checking out the type of data eXelate’s, its clients and partners are interested in, take a look at the following </span><a href="http://www.exelate.com/new/consumers-optoutpreferencemanager.html"><span style="font-size: 12pt; font-family: Arial; color: #000099; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: underline; vertical-align: baseline; white-space: pre-wrap;">link</span></a><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Using eXelate’s arena, known as </span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">eXelate eXchange</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, and its data analysis tools, advertisers and advertisement networks can greatly focus their products towards a specific audience. At the same time, eXelate allows websites, who sell data regarding their users to the advertisers, to control the information distribution focusing on a specific audience sect and develop another income channel.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">According to company spokesmen, among the eXelate eXchange users are about 50 advertisement networks and leading media purchasers as well as dozens of leading websites, which provide focused information on roughly 150 million unique users in the U.S. The company specializes in providing information over income-generating channels such as B2B, auto, tourism, finance, shopping and more.</span></p>
<p><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Zohar</span><span style="font-size: 12pt; font-family: Arial; color: #5e6568; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> said that “since launching the exchange, eXelate has led the efforts to offer websites and the focused advertisement purchasers the best possible solutions for focused information, without compromising web user privacy.</span></div>
<p style="text-align: right;"><em>Translated by Itai Rosenbaum</em></p>
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		<title>Solido Raised $6-8.5 Million from Fortissimo, Yuval Rachmilevitz Appointed CEO</title>
		<link>http://startupmania.net/2010/08/03/solido-raised-6-8-5-million-from-fortissimo-yuval-rachmilevitz-appointed-ceo/</link>
		<comments>http://startupmania.net/2010/08/03/solido-raised-6-8-5-million-from-fortissimo-yuval-rachmilevitz-appointed-ceo/#comments</comments>
		<pubDate>Tue, 03 Aug 2010 09:03:06 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
				<category><![CDATA[Focus On...]]></category>

		<guid isPermaLink="false">http://startupmania.net/?p=796</guid>
		<description><![CDATA[Start-up Solido, from Rosh HaAin,  which develops a desktop printer for 3D printing, has raised between  $6-8.5 million from Fortissimo Capital Fund. Following the investment, Yuval Rachmilevitz, who was formerly CEO  of Riverhead  Networks (which was purchased by Cisco) and Olive Software, was appointed as Solido’s CEO. Among  Solido’s chief [...]]]></description>
			<content:encoded><![CDATA[<p><span id="internal-source-marker_0.9998196804523898" style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;"><img class="alignright size-full wp-image-797" title="logo" src="http://startupmania.net/wp-content/uploads/2010/08/logo.gif" alt="logo" width="172" height="80" />Start-up </span><a href="http://www.solido3d.com/"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Solido</span></a><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">, from Rosh HaAin,  which develops a desktop printer for 3D printing, has raised between  $6-8.5 million from </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Fortissimo Capital Fund</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">. Following the investment, </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Yuval Rachmilevitz</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">, who was formerly CEO  of </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Riverhead  Networks</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;"> (which was purchased by </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Cisco</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">) and </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Olive Software</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">, was appointed as Solido’s CEO. Among  Solido’s chief stock holders are </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Argoquest</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">, which is run by </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Jason Barzilai</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;"> (one of the founders  of computing giants </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Packard Bell</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">). Another stock holder is </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Robogroup</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">, which distributes Solido’s products  to the education market.</span></p>
<p><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">The 3D models produced by Solido’s products  are essential in today’s R&amp;D procedures. According to a report by  consulting firm </span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Gartner</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">, 3D printers will  become commonplace hardware in businesses and even in private homes.  Gartner assesses that “by 2011 the number of 3D printers in private  homes will grow by 100% in comparison to 2006. The technology allows  users to send a 3D model to the printer, who produces the model. This  technology allows manufacturers to produce models of a product design  and forgoes the need to hire the services of model builders.”</span></p>
<p><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Pete Basiler</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">, Gartner research  manager, said in an interview to BusinessWeek that “following the steep  decrease in 3D printer costs, nearly any company can afford such a  printer, the result being an increase in usage.”</span></p>
<p><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;"><img class="alignleft size-full wp-image-798" title="Printer-300x214" src="http://startupmania.net/wp-content/uploads/2010/08/Printer-300x214.gif" alt="Printer-300x214" width="300" height="214" />Solido’s technology  allows to quickly, easily and automatically create plastic 3D models.  The models are constructed out of a stiff PVC-based plastic, which  laminated and flexible. The boards are produced very accurately and are  strong and durable, which is why they are adequate for all design stages  &#8211; from concept to construction and functional tests. The production  process doesn’t use any chemical products, which makes it very green and  environment-friendly. The models can be put through many mechanical  processes, drilling and painting and will not suffer wear and tear or  fade over time.</span></p>
<p><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline;">Yuval  Cohen</span><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;">,  partner and founder of Fortissimo, said: “Solido offers an advanced and  unique solution, both in price and quality fitting for the office  environment. 3D Printers will soon become an inseparable part of product  design, and will become standard equipment on any engineer’s or  designer’s desk and become an integral part of technical education in  various educational facilities.”</span></p>
<p style="text-align: right;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;"><em>Translated by Itai Rosenbaum</em><br />
</span></p>
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		<title>SiSense Raises $4 Million from Genesis and Opus</title>
		<link>http://startupmania.net/2010/07/20/sisense-raises-4-million-from-genesis-and-opus/</link>
		<comments>http://startupmania.net/2010/07/20/sisense-raises-4-million-from-genesis-and-opus/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 11:12:06 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
				<category><![CDATA[Focus On...]]></category>

		<guid isPermaLink="false">http://startupmania.net/?p=775</guid>
		<description><![CDATA[
Netanya-based Start-Up SiSense, which develops Business Intellignece soultions, has completed a first fund-raising round totalling at $4 million from Genesis Partners, Opus Capital and private investor Eli Farkash.


SiSense was founded by Elad Israeli, Eldad Farkash (who acts as CTO and VP of Research and Development) and three others. With the completion of the fund-raising round, [...]]]></description>
			<content:encoded><![CDATA[<div style="background-color: transparent; font-family: Times; line-height: normal; font-size: small; margin: 0px;">
<p id="internal-source-marker_0.5873469691723585" style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img class="alignright size-full wp-image-776" title="sisense" src="http://startupmania.net/wp-content/uploads/2010/07/sisense.jpg" alt="sisense" width="217" height="96" />Netanya-based Start-Up </span><a href="http://www.sisense.com/"><span style="font-size: 12pt; font-family: Arial; color: #0000ff; background-color: transparent; font-weight: bold; font-style: normal; vertical-align: baseline; white-space: pre-wrap; text-decoration: underline;">SiSense</span></a><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, which develops Business Intellignece soultions, has completed a first fund-raising round totalling at $4 million from </span><a href="http://www.genesispartners.com/"><span style="font-size: 12pt; font-family: Arial; color: #0000ff; background-color: transparent; font-weight: bold; font-style: normal; vertical-align: baseline; white-space: pre-wrap; text-decoration: underline;">Genesis Partners</span></a><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, </span><a href="http://www.opuscapitalventures.com/"><span style="font-size: 12pt; font-family: Arial; color: #0000ff; background-color: transparent; font-weight: bold; font-style: normal; vertical-align: baseline; white-space: pre-wrap; text-decoration: underline;">Opus Capital </span></a><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">and private investor </span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Eli Farkash</span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">.</span></p>
<p style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><br />
</span></p>
<p style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">SiSense was founded by </span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Elad Israeli</span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">, </span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Eldad Farkash</span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> (who acts as CTO and VP of Research and Development) and three others. With the completion of the fund-raising round, </span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Gary Gannot</span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> of Genesis, </span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Dan Avida</span><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> of Opus and Eli Farkash will join the company’s board.</span></p>
<p style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><br />
</span></p>
<p style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">SiSense has developed a BI product which can be purchased online, allows quick implementation &#8211; within hours without any need for BI expertese &#8211; while using standard PC hardware.</span></p>
<p style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Gannot, a partner at Genesis Partners, said that “complex BI solutions do not provide an answer to the dynamics which characterize today’s organizations. SiSense provides a solution that allows organizations to deal with the growing scopes of the data in their business and the increasing demands of data analysis. SiSense is bringing good news to the market, and Gensis is happy for the oppurtunity to invest in such an innovating company.” </span></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right;"><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: italic; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Translated by Itai Rosenbaum</span></p>
</div>
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		<title>Viola Group to Invest $17 Million in AdsMarket</title>
		<link>http://startupmania.net/2010/07/19/viola-group-to-invest-17-million-in-adsmarket/</link>
		<comments>http://startupmania.net/2010/07/19/viola-group-to-invest-17-million-in-adsmarket/#comments</comments>
		<pubDate>Mon, 19 Jul 2010 09:37:08 +0000</pubDate>
		<dc:creator>Raphael Fogel</dc:creator>
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		<description><![CDATA[The Viola Group will invest $17 million in the start-up AdsMarket from Tel Aviv, a company which specializes in web-based advertising. Out of the investment, $12 million will be used to purchase company stock and $5 million will be invested in the company. With the investment’s completion, the company’s net worth will total $80 million, [...]]]></description>
			<content:encoded><![CDATA[<p><span id="internal-source-marker_0.8499631229788065" style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;"><img class="alignright size-full wp-image-773" title="adsmarket" src="http://startupmania.net/wp-content/uploads/2010/07/adsmarket.gif" alt="adsmarket" width="242" height="74" />The </span></span><a href="http://www.viola-group.com/"><span style="text-decoration: underline;"><span style="font-family: 'times new roman', times;">Viola Group</span></span></a><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;"> will invest $17 million in the start-up </span></span><a href="http://www.adsmarket.com/"><span style="text-decoration: underline;"><span style="font-family: 'times new roman', times;">AdsMarket</span></span></a><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;"> </span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">from Tel Aviv, a company which specializes in web-based advertising. Out of the investment, $12 million will be used to purchase company stock and $5 million will be invested in the company. With the investment’s completion, the company’s net worth will total $80 million, and the new ownership will be laid out as follows: </span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">Ilan Shiloach</span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">, company chairman, will hold 29%, Viola Group will hold 21%, the Druker-Orzel group will have 16%, Trelovski group at 16%, Moyal group at 9% and AdsMarket employees will have 9%. </span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">Osnat Ronen</span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;"> and </span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">Harel Beit-On</span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">, partners in Viola, will join the company’s Board of Directors</span></span><span style="font-size: 12pt; color: #4c5254; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">.</span></span></p>
<p><span style="font-family: 'times new roman', times;"><br />
</span> <span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">AdsMarket was founded in 2007 by </span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">Ofer Druker</span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">, who serves as group CEO, </span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">Adi Orzel</span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">, who acts as CEO of daughter-company Extend and second to CEO, and </span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">Kfir Moyal</span></span><span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;"> which acts as director. It employs about 140 workers, 120 of which work in Israel. According to a declaration made, the company should complete 2010 with an $80 million sales cycle, as opposed to $60 million in 2009, $36 million in 2008 and $7 million in 2007. It operates mainly in the European market and recently stepped into the American market.</span></span></p>
<p><span style="font-family: 'times new roman', times;"><br />
</span> <span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">According to Osnat Ronen, “the Viola Group has marked the internet advertising and media field as one which is interesting for investments, due to the high growth it has shown in the last couple of years and the unique global position Israel has acquired in that field.”</span></span></p>
<p><span style="font-family: 'times new roman', times;"><br />
</span> <span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">“The Viola Group has chosen to invest in AdsMarket becuase of the growth potential it sees in the company and its ability to keep strengthening its leading position in the fields and markets in which it operates, while being profitable. This is mostly due to its professional, dynamic and experienced team leading the company, which has brought it to its impressive accomplishments and will continue to march it forward.</span></span></p>
<p><span style="font-family: 'times new roman', times;"><br />
</span> <span style="font-size: 12pt; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family: 'times new roman', times;">According to Ilan Shiloach, “We have found, in the Viola Group, experienced partners that will lead, together with us, the company and help us achieve our future goals. Viola’s investment in AdsMarket will support the company’s continued growth, and will act as a base for entry to new markets, chiefly the American one, through expanding our marketing array and recruiting new employees.”</span></span></p>
<p style="text-align: right;"><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><em><span style="font-family: 'times new roman', times;">Translated by Itai Rosembaum</span></em></span></p>
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