Israeli tech fundraising wave continues: three startups raise $75 million
The wave of double-digit tech fundraising showed no signs of letting up; three Israeli startups saidyesterday they had raised or were about to raise amounts between $15 million and $35 million from investors.
At the top of the list was ClickTale, whose software enables website owners to see how users behave on their sites, which said investors led by the U.S. private equity firm KKR had agreed to put $35 million into the company. It was the U.S. private equity firm’s first investment in Israel’s tech sector.
Meanwhile, Addallom, a U.S.-Israeli cyber-security startup, is close to raising at least $25 million, TheMarker has learned. The round, which is being led by the U.S. data-storage company EMC, values Addalom at more than $100 million.
A third company, the U.S.-Israeli startup Kaminario, said on Wednesday that it has raised another $15 million, just a month after securing $53 million from investors in a funding round.
The three big rounds, plus two much smaller ones, come on the heels of a wave of fundraising last week that saw 10 companies raise a combined $140 million. Five of the rounds were in excess of $15 million.
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