Lightspeed led the financing round and was joined by previous investors Sequoia and Israel Cleantech Ventures.
Scodix Ltd., which provides digital print enhancement presses for the graphic arts industry, has raised $14 million, the company has confirmed. The financing round was led by Lightspeed Ventures, which was joined by previous investors Sequoia Capital and Israel Cleantech Ventures Funds. The company has raised $30 million to date including the latest financing round.
Scodix was founded in 2007 by graphic arts industry veterans CEO Kobi Bar and CTO Eli Grinberg. Based in Rosh Ha'ayin, the company has 50 employees and a further 20 marketing and sales staff worldwide. Since launching its digital enhancement press in 2010, the company has sold about 70 units as well as print materials and ink.
Published by Globes [online], Israel business news - www.globes-online.com - on January 31, 2013
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