Label tech co Digiflex raises $1m

Battery Ventures, Vertex, and ProSeed made the investment.

Technion Entrepreneurial Incubator Co. Ltd. (TEIC) incubator company DigiFlex Ltd. has raised $1 million from Battery Ventures, ProSeed Venture Capital Fund (TASE:PRSD), Vertex Venture Capital, and KLA Tencor founder Kenneth Levy

DigiFlex, founded by Uri Adler, is developing an accurate method for making masks for flexographic plates, which are used in the process of printing on labels, flexible packaging and corrugators.

Published by Globes [online], Israel business news - www.globes-online.com - on March 23, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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