Taboola, which was started in Israel and is now based in New York, is profitable, according to Mr. Singolda, who said it collected a projected $1.2 billion in gross revenue last year — $379 million in net revenue, excluding payouts to publishers.In late 2019, Taboola saw a path to even greater growth in a merger with Outbrain, its chumbox archrival. That October, in a long-expected deal, the two announced plans to combine under the Taboola name.But within a year, both companies’ financial situations had changed. Antitrust regulators in Britain and Israel were still investigating the deal. The pandemic drew more viewers online …
Der harte Lockdown in Deutschland wird noch etwas andauern – Zeit für ein neues Hobby! Beschäftigen Sie sich doch mit ihren Vorfahren.
Israel’s startup ecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Now tech companies across industries are poised for an even better year, according to more than a dozen investors we talked to in the country.
Mainstay sectors like cybersecurity continue to matter, they said, but are maturing (more about that here). Some people are more excited by emerging areas like artificial intelligence, which has been a focus of the country’s military for years, and like cybersecurity is now producing many fresh teams of founders. Other investors felt that a broader range of industries, …
OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm also launched a new office in Shanghai, China to spearhead its growth in the Asia Pacific region.
OTV currently has a total of 11 companies in its portfolio. This year, it led rounds in telehealth platforms TytoCare and Lemonaid Health, and its other investments include genomic machine learning platform Emedgene; microscopy imaging startup Scopio; and at-home cardiac and pulmonary monitor Donisi Health. OTV has begun investing in more B and C rounds, …
We’re excited to announce that Extra Crunch memberships are now available in Israel. That adds to our existing support in:
Argentina, Brazil, Mexico
UK and select European countries
Sign up for Extra Crunch membership here.
Use the code ISRAEL122020 during checkout for an additional 25% off an annual or 2-year plan. The discount code expires on December 11, 2020.
Israel has always been of interest to TechCrunch. It’s home to one of the hottest startup scenes in the world with endless successful companies emerging from the region. From 2018 to 2019, over $1.4B in funding went to Israeli cybersecurity …