Carmel Ventures

  • Snaptu Hits 10 Million Users, Raises $6 Million More From Carmel And Sequoia

    Exclusive – Snaptu, the company that aims to bring a smartphone-like experience to regular handsets, hit an important milestone today: 10 million registered users. Coincidentally, the announcement comes at a time when the startup is disclosing that it has secured $6 million in Series B funding in a round led by Carmel Ventures and joined by early backer Sequoia Capital. As a result of… Read More

  • Work Management Software Maker Clarizen Raises $8 Million More

    Clarizen, provider of online work and project management software, has secured $8 million more in a Series C round of venture capital funding led by DAG Ventures, Benchmark Capital and Carmel Ventures. The total amount of venture capital invested in the company, which was founded in 2005, now totals $24 million. The company provides collaborative project management software that allows… Read More

  • Kontera Raises $15.5M For Annoying In-Text Advertising Technology

    In-text advertising technology provider Kontera has raised $15.5 million from its current investors Sequoia Capital, Carmel Ventures and Tenaya Capital, the former venture capital arm of Lehman Brothers. This is the second Israeli startup to announce multi-million VC rounds today after 5min informed the public about its $7.5 million Series B round, and once again first reported by business… Read More

  • Social Search Engine Delver On Death Watch

    We’ve contacted the company to confirm, but former engineer of the Israeli startup Aviran Mordo is reporting on his blog that the social search company Delver has failed to secure follow-up financing due to the drought in VC activity and will be closing shop in 30 days unless they find a buyer. The company has raised $4 million from a single investor, Carmel Ventures, and was –… Read More