A week of strong funding rounds for Israeli companies as Intuition Robotics, Minute Media, and IntSights announce millions of dollars in support for their technologies.
Intuition Robotics, developer of social companion technologies, announced funding from strategic investor iRobot and equity crowdfunding platform OurCrowd. This investment brings the total funding in the company to $6 million for its autonomous active aging companion aimed at keeping older adults active and engaged.
“We are thrilled with the positive market response to Elli•Q, our first product that was announced a few weeks back, and are looking forward to expanding our team in Silicon Valley. We welcome strategic investor iRobot whose vast experience and insights in the consumer robotics market is unmatched,” said Dor Skuler, CEO and Co-Founder of Intuition Robotics. “We’re also excited that OurCrowd is joining the team and proud to present Elli•Q live for the first time at their Global Investor Summit in front of thousands of investors, potential partners and the media.”
Sports media company Minute Media, meanwhile, announced earlier this week that it had raised a new $15 million funding round, led by Qumra Capital and with investments from Battery Ventures, Dawn Capital and Germany’s ProSieben.
Cybersecurity firm IntSights, a leading intelligence-driven security provider for cyber threats from the dark, deep and open web, announced the completion of a $15 million Series B round. Investments were made by Glilot Capital Partners, Blackstone, Blumberg Capital, Wipro, Vintage Investment Partners, and other strategic investors.
The Herzliya-based company said it will use the money to expand its presence in the United States.