Israel - AIN - page 5

24.07.20

Israeli insurance company Hippo receives $150M

Insurance tech startup Hippo has raised $150 million in a Series E round at a valuation of $1.5 billion. 16 investors have participated in the round including Iconiq Capital, Felicis Ventures and new investors New Ribbit Capital, Dragoneer Investment Group

23.07.20

International taxi service Gett attracts $100M

Israeli corporate transportation company Gett announced the completion of a $100 million funding round, pushing its valuation to $1.5 billion. The round was led by its existing investors and undisclosed new ones, reports Globes. According to Crunchbase, Gett has raised $913 million

21.07.20

Israeli SaaS backup and cloud data protection company OwnBackup attracts $50M

As reported by Globes, SaaS cloud company OwnBackup has raised $50 million in the round led by Insight Partners. Salesforce Ventures, Vertex Ventures and Innovation Endeavors funds have also participated. With this capital the company has raised a total of

18.07.20

NetApp buys Israeli startup Spot for $450M

US cloud data services and data management company NetApp has completed the acquisition of cloud optimization startup Spot. As stated in the deal, NetApp paid $450 million for Spot that will continue to operate as an independent department within the

18.07.20

Online insurer Lemonade raises $319M in New York IPO

New York-based startup Lemonade has undertaken an IPO on the New York Stock Exchange and attracted $319 million on the first day. The company sold 11 million shares at $29 per share and was valued at $1.6 billion, reports Reuters.