June continues to be a hot month of investments for Israeli startups, with companies raising an amazing $561 million in 20 days.
Just the first week of the month brought in an astounding $237 million. But instead of slowing down as the global markets indicate is happening in the rest of the world, Israeli startups are endlessly announcing multi-million dollar funding rounds.
Flash storage company Elastifile may not have brought in the biggest funding round but because of who its newest investor is, the Israeli storage software startup garnered top headlines this past week.
Cisco Systems invested $15 million in Elastifile, bringing its total investment this year to $50 million.
Sony Pictures Entertainment also promoted media and technology company, Interlude, to international headlines this past week with its announcement of a cash injection into the Israeli startup known for its Eko interactive storytelling platform. Financial details were not disclosed but Ynet says the investment is worth $45 million.
Sony will also collaborate with Interlude on the development of entertainment content to be distributed via the Eko platform.
Website guide developer WalkMe announced $50 million in funding this month.
User-generated content marketing platform Yotpo closed a $22 million round of financing led by Bessemer Venture Partners and video ad company Eyeview raised $21.5 million.
Lumus, a leading developer of high-end transparent near-to-eye displays for augmented reality (AR), mixed reality (MR) and smart eyewear, announced on June 15 that it has received $15 million of funding led by Shanda Group, a global private investment group, along with Crystal-Optech, a leading Chinese photo-electric component manufacturer. The Rehovot startup will use the funding to scale up production of its market-leading, patent-protected optical technology for the emerging consumer market.
Telemedicine company Talkspace, founded in 2012 by Israelis Roni and Oren Frank, announced a $15 million funding session this month.
Smaller financing rounds include AI dashcam app Nexar‘s $10.5 million, Nanit baby-safe sleep monitor startup raised $6.6 million; cyber intelligence SaaS startup Sixgill raised $5 million; messaging security company Nuro Secure Messaging raised $2.6 million; Armeron secured funding of $2 million by Glilot Capital Partners, a venture capital fund specializing in Enterprise Software; and industrial IoT company DeepSense (formerly known as SmartLogic) completed a $2 million financing round.
And though not a super high funding round, Comeet, an award-winning collaborative hiring platform for highgrowth companies, has interesting investors behind its recent $1.2 million seed round: David Cao, former VP, HR Global Operations at Alibaba Group, David Windley, President of IQTalent Partners and former Chief Human Resources Officer at Yahoo!, and Yahoo! CFO Ken Goldman.
Comeet launched in 2015 and says its recruiting software solution is already being used by more than 100 companies including Fiverr, Playtika, Playbuzz and SolarEdge.
Earlier this month, Zimperium, Trax, EarlySense, Weka.IO, SundaySky, FORTVISION and hibob announced million-dollar investments.