OpenWeb, the community engagement platform serving over 1,000 leading publishers, has acquired the proprietary audience management platform Jeeng. OpenWeb is an Israeli unicorn worth USD 1.5 billion, based on its last investment round and the acquisition strengthens OpenWeb’s ability to create one-to-one relationships with millions of users. Jeeng supports 150 million unique monthly visitors and […]
Uncategorized
My Size has carried out a registered direct offering and a private placement, concurrently. Greenberg Traurig represented My Size, which is an Israeli provider of omnichannel e-commerce platform and provider of AI-driven measurement solutions. The transaction was led by GT Tel Aviv Shareholder Gary Emmanuel, together with New York Shareholder and Israel Practice member Eyal Peled, with support from attorneys Igal Rojzman, Michael […]
Gornitzky and Baker McKenzie are hosting a “Doing Business in the Gulf Cooperation Council and the Middle East” on January 31 at 18:00 at the offices of Gornitzky. Various topics will be explored, including the future of the Abraham Accords, other developments in the region, with regards to Saudi Arabia and Qatar. The agenda is […]
Israeli and American tech companies have received USD 8.4 million in funding to develop new joint products. The funding was approved by the BIRD (The Israel-US Binational Industrial Research and Development) Foundation, which encourages cooperation between Israeli and US tech companies, and offers funding to selected projects. Read more in NoCamels
Another day; another merger. After a spate of law firm mergers recently that saw Goldfarb Seligman and Gross merge, this week saw the turn of Naschitz Brandes Amir, which announced it is uniting with the firm of Shenhav Konforti Rotem & Co., which numbers 15 lawyers. The merged firm will have 240 lawyers and altogether some 380 […]
Over 130 Israeli hi-tech companies this week protested in large numbers against the new government’s proposed judicial reform. According to hi-tech industry executives and experts in the field, the judicial reform is likely to harm Israel’s hi-tech industry (which represents about a quarter of the State’s economy and over half of its exports), by tanking […]
Israel Discount Bank has issued USD 800 million in senior bonds – its first international bond offering, and one of the largest offerings by an Israeli bank. Herzog advised the underwriters on the transaction, led by Ron Ben-Menachem (Capital Markets), Nir Dash (Capital Markets), Mohammad Mawasi (Capital Markets), Irit Roth (Banking), Dr. Ehab Farah (Tax), and Fanny Elgrably (Capital Markets). Cleary Gottlieb acted as international counsel […]
Fintech company PayEm has raised USD 200 million in credit financing from Viola Credit, as well as USD 20 million in equity funding from Mitsubishi Financial Group, Collaborative Fund and others. DLA Piper advised Viola Credit on providing the credit financing to the Israeli fintech company. Founded in 2019, PayEm has developed a platform that […]
Goldfarb Seligman & Co. and Gross & Co., two of Israel’s biggest law firms, have merged to become the country’s biggest law firm with 520 lawyers. The merged firm will be called Goldfarb Gross Seligman. Goldfarb Gross Seligman’s core practice areas will be high-tech and venture capital, corporate and capital market, mergers and acquisitions, real […]
There has been widespread speculation on the performance of the high-tech sector in the current climate, but the landscape in 2022 still showed strong and positive signs. While the numbers were down on a record-breaking 2021, they were considerably up on 2020 (and showing promise early in 2023). In 2022, There were 100 exits, 66% higher […]
