Amit Chowdhry | December 13, 2011 | 964 views | 1 Comment
Categorized under Anobit, Apple Inc., Ariel Maislos, Battery Ventures, Ehud Weinstein, Hynix, Intel Capital, Pitango, Pitango Venture Capital
Apple Inc. (NASDAQ:AAPL) is rumored to be acquiring Anobit, an Israeli fabless semiconductor company that specializes in flash storage for between $400 and $500 million. This would be Tim Cook’s first big acquisition since taking over as CEO. Apple also rarely buys hardware companies as they tend to focus more on software acquisitions.
Amit Chowdhry | October 9, 2011 | 532 views | Add a Comment
Categorized under CrunchFund, Eric Schmidt, Gad Maor, Innovation Endeavors, Menlo Ventures, Michael Arrington, Ofer Rundstein, Pitango, Pitango Venture Capital, Rami Beracha, Shaker, Shervin Pishevar, Troy Carter, Yonatan Maor
Shaker is a virtual world startup based in Israel that has raised $15 million in a new round of funding. This round was led by Menlo Ventures’ Shervin Pishevar. Michael Arrington’s CrunchFund was already an investor in Shaker and they also participated in this round. Shaker was the champion at TechCrunch’s Disrupt conference.
Amit Chowdhry | May 11, 2011 | 544 views | Add a Comment
Categorized under Liron Petrushka, Morgenthaler Ventures, Pageonce, Pitango, Pitango Venture Capital
Pageonce is a smartphone application company that has raised $15 million in a new round of funding. Pageonce allows people to manage financial accounts and their bills. Pageonce says that their mobile application will become the “wallet of the future.”
Amit Chowdhry | April 15, 2011 | 645 views | Add a Comment
Categorized under Pitango, Pitango Venture Capital, VideoSurf
Video search engine company VideoSurf has raised $16 million in a round of funding led by Pitango Venture Capital. VideoSurf is a five year old company that raised a total of $28 million. VideoSurf’s software can identify images within videos that it scans instead of video metadata. VideoSurf receives about 20 million unique visitors per month. [AllThingsD]
Amit Chowdhry | March 21, 2011 | 467 views | Add a Comment
Categorized under Broadcom Corporation, Lightspeed Venture Partners, Lightspeed Ventures, Pitango, Pitango Venture Capital, Provigent, Sequoia Capital
Irvine, California based Broadcom Corporation (NASDAQ:BRCM) has announced that they are acquiring system-on-a-chip solutions company Provigent for $313 million. Provigent’s products enables wireless system vendors to deliver broadband wireless backhaul systems to network operators. Provigent raised a total of $55 million from Sequoia Capital, Lightspeed Venture Partners, and Pitango. [jPost]
Amit Chowdhry | March 21, 2011 | 446 views | Add a Comment
Categorized under 11Runs, Footbo, Mani Honigstein, Pitango
Footbo is an interactive sports company that has raised $2.5 million from Pitango. Pitango invested a total of $4.5 million in Footbo. Footbo has recently launched a new website called 11Runs, which is a fantasy baseball website. 11Runs runs quick weekly competitions and offers cash prizes. Footbo is expected to launch an iPhone application next week and they are working on an Android app too. Footbo stated in 2007 by co-founder and CEO Mani Honigstein. [TechCrunch]
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