"Home prices driving tech workers overseas"
The company's first financing round was led by Canaan Partners and joined by Longfellow Venture Partners.
Video application company Viewbix Ltd. has raised $2 million in its first financing round, led by Canaan Partners and joined by Longfellow Venture Partners. Viewbix's easy-to-use platform enables small and medium sized businesses to add user engagement features, apps, and social sharing tools to their video content.
Viewbix CEO Jonathan Stefansky and Hillel Seinfeld founded the company in 2011. The company's video player incorporates apps, such as navigation maps to a business's address, photos, registration forms, and so on. Viewbix works with videos hosted on popular platforms such as YouTube and Facebook, or any self hosted video. It also provides support for a number of popular third-party services including Twitter, Flickr, Skype, Mail Chimp, and Yahoo Weather.
Stefansky said, "There are millions of businesses and organizations worldwide who rely on video content to promote their enterprises. Our technology enables these businesses to radically increase the effectiveness of their videos by turning passive video viewers into customers who take action. Our solution was developed specifically for the huge market of SMBs who feature video content. The recent investment and the support of Canaan Partners and Longfellow Venture Partners enable Viewbix to capitalize on the tremendous market demand we’ve seen."
Published by Globes [online], Israel business news - www.globes-online.com - on May 8, 2012
© Copyright of Globes Publisher Itonut (1983) Ltd. 2012
You comment was recieved and soon will be published.
Load more comments
Leumi deputy CEO Daniel Tsiddon: The rise in home prices in high-tech areas in Israel is costing human capital.
Fintech co Payoneer raises $25m
Susquehanna Growth Equity led the round.
Camtek, AudioCodes set for secondary offerings
Magic Software increased the amount it raised to $58 million, after the underwriters exercised their over-allotment options.
Perion in talks to buy Airpush for $170m - report
"Techcrunch" says Perion is close to acquiring the digital ad company.
Israel is a nanotech nation
206 nanotech start-ups have been founded in the past six years
Ototo promotes public transport on demand
The app uses crowdsourcing to identify demand for passengers and sends a bus.
3D printer maker Stratasys sees growth continuing in 2014
Non-GAAP net profit rose to $82.1 million in 2013 ($1.95 per share) from $59.7 million in 2012.
Elbit Systems invests in nanomaterials co CENS
Cluster Engineered Nano Space (CENS) is in Elbit's Beersheva Incubit incubator.
Ron Lauder invests in Nielsen Innovate incubator
Ron Lauder is investing in the Caesarea incubator through R&R Venture Partners.
Parking app co Pango raises $6.5m
The company will use the proceeds to develop smart parking applications.
Compugen raises $63m, Magic $51m
The two companies held secondary offerings on Nasdaq on the basis of shelf prospectuses.
Varonis doubles on first day on Nasdaq
The company, founded in Israel, provides security solutions.
Amdocs CEO: We strive for 5% annual growth
Eli Gelman fears complacency as the company expands in emerging markets.
Intel Israel development center to remain vital
Intel Israel president Mooly Eden tells "Globes" that Israel remains central to the chip company's plans.
SuperCom share price skyrockets 920%
SuperCom CEO Arie Trabelsi tells "Globes" how he has turned around the identity solutions company.
IMI enters cyber security arena
As privatization approaches, Israel Military Industries bets on a market with enormous growth potential.
Wanted: Arts majors for high-tech
Technology companies are looking for creativity, flexibility, and the ability to think outside the box.
2013 boom year for Israeli high-tech
In the first half of the year, there was a 52% rise in demand for mobile and web developers, and salaries are up as well.
CyberArk reboots network security
CEO Udi Mokady: Media reports on electronic surveillance make explaining our product unnecessary.
Architect Eli Attia: Google stole my life's work
Eli Attia has developed an innovative building design and construction concept that Google sees generating $120 billion annually.