Abigail Klein Leichman
December 3, 2017

The most significant investment in an Israeli company during November 2017 was $51 million raised by user-generated content marketing platform Yotpo, in a round led by ClalTech, the Israeli investment arm of American holding company Access Industries.

The round attracted new investors Vertex Fund and existing investors Bessemer, Marker, Vintage, Blumberg Capital, Rhodium and 2B-Angels. The six-year-old company will open a second US office and hire 150 additional employees for its branches in New York, Tel Aviv and London.

In other November funding news, BigPanda raised an additional $23 million in its Series B financing round, for a total of $49 million. With Palo Alto headquarters and R&D in Tel Aviv, Big Panda mines actionable insights from IT alerts. Greenfield Partners led the round with participation by Sequoia Capital, Battery Ventures and Mayfield.

Spot.IM, a social engagement platform for digital news publishers including Fox News, Forbes, AOL, Time, Huffington Post, Sky and Oath, completed a $25 million Series C round led by Insight Venture Partners with Norma Investment Fund and Altair Capital. Spot.IM has Tel Aviv, London and New York offices.

Cybersecurity company SCADAfence raised $10 million in a Series A round from JVP, NexStar Partners, 31Ventures Global Innovation Fund, GB-VI Growth Fund Investment Limited Partnership, iAngels and DS Strategic Partners. The investment will be used to expand the Company’s R&D center in Tel Aviv and global business development teams across North America, Asia and Europe.

Arbe Robotics of Tel Aviv raised $9 million from O.G. Tech Ventures, OurCrowd, Canaan Partners, iAngels and Taya Ventures toward trials of its high-resolution radar system for automated vehicles.

Tel Aviv-based industrial IoT startup Seebo announced an $8 million extension of its Series A funding round, now totaling $16.5 million. Existing investors TPY Capital and Viola Ventures participated in the round with Chicago-based Pritzker Group Venture Capital and Japanese investment firm Global IoT Technology Ventures.

Buildup raised $7 million in Series A financing from TLV Partners, UpWest Labs, 01 Ventures, Abstract Ventures, and seed funders Guy Goldstein and Ahikam Kaufman. Buildup, headquartered in Tel Aviv, offers a range of app-based tech tools for managing construction sites.

Two Israeli companies each got $4 million of funding in November: artificial intelligence startup Coneuron, which is developing a technology to help people control their virtual lives; and beauty and lifestyle services company Missbeez of Herzliya.

Online headhunting company Talenya raised $3 million from private investors, Israeli venture capital fund lool Ventures and US fund Gal Ventures.

Aurora Labs announced a $2.7 million seed round for it self-healing platform to repair software glitches in connected cars. The Tel Aviv-based startup was founded in 2016 and just got out of stealth mode to reveal live projects with multiple original equipment manufacturers. Investors include Maniv Mobility, MizMaa Ventures, Expansion Venture Capital, and Trucks Venture Capital.

Tel Aviv-based Zirra raised $2 million from Seedinvest and private investors. The company does corporate analyses using artificial intelligence.

Aquaculture startup AquiNovo of Misgav, a portfolio company of The Trendlines Group, signed an agreement with Neovia for an aggregate investment of $1.5 million. AquiNovo makes a non-GMO, non-hormonal solution for fish feed that increases yield and shortens time to market.

Automated wealth-management fintech startup Tipigo of Netanya raised $1 million in seed money.

Also this month, Viola Ventures (formerly Carmel Ventures) of Herzliya raised $170 million toward a target of $200 million for its fifth fund, and the Trendlines Group innovation commercialization company raised $10.3 million on the Singapore stock exchange.

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