Here is a roundup of recent Israeli startup funding deals: Itamar Medical, Augury, Docady, Velostrata, Dapulse, and AppInside.
Viola Private Equity is investing up to $28.4 million in Itamar Medical through a PIPE deal
Itamar Medical Ltd. (TASE:ITMR) and Viola Private Equity announced a private investment in public equity (PIPE) deal, in which Viola will invest up to $28.4 million in the company, becoming its largest shareholder. Itamar Medical develops, manufactures and markets non-invasive medical devices based on a unique technology for the diagnosis of cardiovascular diseases and sleep apnea.
Augury raises $7 million led by Formation 8 Hardware
Augury, a New York- and Israel-based predictive machine diagnostics company, raised a $7 million Series A funding round led by Formation 8 Hardware Fund and joined by Pritzker Group Venture Capital. Existing investors First Round Capital and Lerer Hippeau Ventures also participated in the funding.
Critical documents app Docady raises $1.5 million in seed funding
Docady raised $1.5 million in seed funding from a group of leading investors including Pitango Venture Capital, Disrupt-ive by Tal Barnoach, Eilon Tirosh and former AOL video executives. The app offers a unique document discovery feature, which helps users collect existing digitized documents from online storage accounts and email.
Velostrata raises $14 million Series A round
On-demand hybrid cloud software startup Velostrata, Inc. has raised $14 million in a Series A funding round led by Norwest Venture Partners and 83North. Founded in 2014, Volostrata provides on-demand hybrid cloud software that decouples compute from storage, enabling enterprises to stream production workloads to and from the cloud in minutes, leaving the storage on-premises and optimizing performance end-to-end.
dapulse raises $2.6 million in Series A funding
dapulse, a SaaS project management solutions startup, announced that it has raised $2.6 million from Genesis Partners and Entree Capital, as part of ongoing Series A funding round. dapulse’s solution differs from classic project management software by eliminating a separate view of “what needs to be done” for each user. Instead, dapulse creates a big picture of the whole process for everyone to see, therefore unifying teams and helping them complete tasks quicker and more efficiently. dapulse was founded in 2012 and currently serves more than 1,800 customers.
AppInside raises $2.3 million in seed funding
AppInside, a SaaS platform for identification and resolution of security vulnerabilities in mobile apps, has raised $2.3 million in seed funding from Accomplice (formerly known as Atlas Venture) and angel investors. The new funding will be used to further develop and commercialize the platform and to facilitate the re-location of company headquarters from Tel Aviv to Boston. AppInside scans mobile apps to detect security vulnerabilities and identify cloned versions of apps to protect both the owners of those apps and their users. The service is easy-to-use, does not require integration or access to source code, and provides recommendations for resolution.