Client, N-trig, the provider of DuoSense™ technology combining pen and zero-pressure touch for mobile computers into a single device, announced today that they have completed a fund-raising round of $28 million from Canaan Partners, Evergreen Venture Partners and current investors.
In addition to the investment round, N-trig has recently secured a credit facility of $5 million from Plenus, a leading Venture Lending Fund in Israel.
Because of the work I do with our Israeli clients, and because so much of the business comes through Israel's Venture Capital community, I try to promote the Israel Venture Capital Association initiatives.
Their 2007 directory is now on sale and you can buy it here. The Israel Venture Capital and Private Equity Directory is the most complete volume available on Israel’s venture capital industry. Now in its 11th edition with over 600 pages, the Yearbook includes data on Israeli VCs, their portfolio companies, and feature articles by industry leaders. The directory includes in-depth data on the venture industry, venture capital investors and start-ups operating in Israel.
When I am in Israel, I always remember that the companies that I am working with (and paying us) and funded by VCs. Here is a very funny video (in Hebrew with English sub-titles) on how to raise money from VCs. It translates in any language.
I was supposed to go, but I just returned from Israel last week, visiting new client, N-trig. I will be back in Israel the week of July 8 for my own PR / Social Media Seminar that is sponsored by BusinessWire.
One of the most telling illustrations of Israel's technology sector is the number of publicly held companies that now rank #3 in the world behind the U.S. and Canada. The chart below may be viewed online via D&A Information's site.
The Israel Venture Association (IVA) in partnership with Red Herring magazine has announced the Second Annual Israeli Startup Contest in conjunction with the Israel Venture Association’s high-tech conference. This competition is an opportunity to showcase the Israeli hi-tech industry’s hottest start-ups on a world stage.
The winning nine companies will be profiled in Red Herring magazine and in the Israeli media, present their companies to an international audience of over 1,000 potential investors and industry analysts at the IVA Conference in Tel Aviv receive their awards from industry luminaries in a prestigious ceremony at the Conference
Application forms and further details can be downloaded from the IVA’s website by clicking here. Forms must be submitted by May 1st to firstname.lastname@example.org
The competition is free and open to all company’s whose investors are members of the IVA.
I will be will meeting with SATAI President, Jim Pogue later this week at the Olmos Park Pharmacy for breakfast where I will be doing his
profile in an upcoming post for my other blog, www.satechblog.com.
Disclosure: I am the former Chair of the SATAI Marketing Alliance Committee and remain an active member of this group.
Debbie Weil Debbie Weil, aka the MonaLisaOfBlogging.com, is a corporate blogging and online communications consultant and the author of the forthcoming "The Corporate Blogging Book: Absolutely Everything You Need to Know to Get It Right" for Penguin Portfolio (2006).