Carmel Ventures

Carmel Ventures
Private
Industry Venture capital
Founded 2000
Founder Shlomo Dovrat, Avi Zeevi
Headquarters Herzliya, Israel
AUM USD 800 million
Number of employees
 ~30
Website www.viola-group.com/carmelventures.html

Carmel Ventures, established in 2000, is an Israeli venture capital fund with over $800 million under management.[1] Carmel is focused on early stage companies in the fields of software, software as a service, financial technology, Internet, media, communications, semiconductors, and consumer electronics.

Carmel Ventures is a member of the Viola Group, a private equity investment group with over $2.5B under management,[2] focused on technology-based investment opportunities in Israel. Shlomo Dovrat was a founder.

Companies

Exits

Company Industry Description Initial Investment Date Exit
Followap Communications Presence-based and Instant Messaging (IM) solutions to Mobile Operators 2001 Acquired by NeuStar in 2006 for $139M[10]
Actimize Enterprise Software Brokerage compliance, anti-money laundering, and fraud prevention 2001 Acquired by NICE Systems in 2007 for $280M[11]
ECI Telecom Communications Networking Infrastructure Equipment 2002 Acquired by Swarth Group in 2007 for $1.25B[12]
CopperGate Communications Home Networking Company 2005 Acquired by Sigma Designs in 2009 for $180M[13]
Snaptu Mobile Mobile Applications 2010 Acquired by Facebook in 2011 for $70M[14]
Oversi Networks*Wanova Communications rich-media caching and content delivery solutions 2004 Acquired by Allot Communications in 2012 .[15]
DesignArt Networks Communications Small cell modem and system design for cellular base stations 2005 Acquired by Qualcomm in 2012 .[16]
Wanova Communications desktop virtualization software 2009 Acquired by VMWare in 2012.
Shunra Software Software Network virtualization solutions for software testing 2004 Acquired by HP in 2014.[17]
Kontera Digital Advertising Content activation platform 2007 Acquired by Amobee in 2014 for $150M .[18]
Red Bend Software Software Mobile Software Management (MSM) 2000 Acquired by Harman in 2015.[19]
eXelate Media Digital Advertising Advertising Data 2007 Acquired by Nielsen N.V. in 2015.[20]
cVidya Networks Telecommunications Revenue assurance, Fraud management, 2004 Acquired by Amdocs in 2016 for $30 million[21]

External links

References

  1. ↑ Catherine Shu, October 12, 2014 "Carmel Ventures Raises $194M From Investors Including Baidu", TechCrunch, October 2014.
  2. ↑ Eran Peer, February 21, 2012 "Goldman Sachs buys 10% of Viola Group", Globes, February 2012.
  3. ↑ "Adapteva raises $3.6M for the ‘most energy efficient’ parallel computing chips", VentureBeat, January 16, 2014.
  4. ↑ "CellSavers Raises $15 Million From Sequoia Capital and Carmel Ventures", VentureBeat, August 18, 2016.
  5. ↑ Roy Goldenberg, December 2, 2015 "Israeli mobile optimization co Cellwize raises $24.5m", Globes.
  6. ↑ "Cloudyn Raises $11 Million in B-Round Led by Carmel Ventures", Yahoo! Finance, December 14, 2015.
  7. ↑ " Yaneev Avital, Geektime, Jul 28, 2016
  8. ↑ "Seebo Raises $8.5 Million Funding Round Led By Carmel Ventures to Make IoT Simple for Product Companies", PR Newswire, February 2, 2016.
  9. ↑ "Worthy Raises $8M in B Round led by Carmel Ventures", PR Newswire, October 22, 2015.
  10. ↑ "NeuStar Buys Followap for $139M". Light Reading. 28 Nov 2006.
  11. ↑ Nice Systems to acquire Actimize - Reuters, July 2, 2007, retrieved 2009-10-09
  12. ↑ Swarth Group purchases ECI
  13. ↑ Dean Takahashi (October 14, 2009). "Sigma Designs buys home-networking chip maker CopperGate for $160M". VentureBeat. Retrieved August 1, 2011.
  14. ↑ Arthur, Charles (21 March 2011). "Facebook buys mobile startup Snaptu: Social networking site's latest acquisition enables people to use smartphone-like applications on simpler 'feature' phones". The Guardian.
  15. ↑ Allot posts 43% revenue rise; buys Oversi Networks, Globes, 31 July 2012
  16. ↑ Shah, Agam (August 23, 2012). "Qualcomm Buys 'small Cell' Provider DesignArt Networks". IDG News Service. Retrieved June 6, 2014.
  17. ↑ HP acquired the network virtualization business and technology of Shunra
  18. ↑ Amobee Buys Adconion For $235M And Kontera For $150M In Consolidation Play
  19. ↑
  20. ↑
  21. ↑ Amdocs Completes Purchase of cVidya
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