In the wake of the impressive exit by Waze Ltd., "Globes" presents ten Israeli Internet start ups which could produce the next big exit.
Wix Ltd.
- Business: Easy-to-use online platform for building websites
- CEO: Avishai Avrahami
- Chances of sale/IPO: Last week, the company filed a draft prospectus with the US Securities and Exchange Commission (SEC) for an IPO on Wall Street
- Estimated company value: $400 million
- Estimated revenue in 2012: $40 million
- Capital raised: $66 million
- Prominent investors: Bessemer Venture Partners, Benchmark Capital, DAG, Mangrove Capital Partner, Insight Venture Partners, and private investors.
Conduit Ltd.
- Business: Developer of toolbars and mobile applications
- CEO: Ronen Shilo
- Chances of sale/IPO: Keeps its cards close to its chest
- Estimated company value: $1.3 billion
- Estimate revenue in 2012: $800 million
- Capital raised: $9.75 million
- Prominent investors: Benchmark Capital, Yozma Venture Capital, and private investors
Borderfree Inc. (formerly FiftyOne)
Matomy Media Group Inc.
- Business: Results-based digital media advertising network
- CEO: Ofer Druker
- Chances of sale/IPO: Plans an IPO in 2013-14
- Estimated company value: $300 million
- Estimated revenue in 2012: $200 million
- Capital raised: $13.3 million
- Prominent investors: Viola Private Equity Ilan Shiloach and Nir Tarlovski
Kenshoo Ltd.
- Business: Online marketing campaign management platform
- CEO: Yoav Izhar Prato
- Chances of sale/IPO: Google Inc. (Nasdaq: GOOG) and Facebook Inc. (Nasdaq: FB) could definitely be candidates to acquire the company, as well as enterprise solutions developers such as Salesforce.com Inc.
- Estimated company value: $300 million
- Estimated revenue in 2012: $60 million
- Capital raised: $44.7 million
- Prominent investors: Sequoia Capital, Arts Alliance, and private investors
Outbrain Ltd.
- Business: Online content recommendations search engine
- CEO: Yaron Galai
- Chances of sale/IPO: The company will presumably seek an IPO, but not anytime soon
- Estimated company value: $350 million
- Estimated revenue in 2012: $80 million
- Capital raised: $64 million
- Prominent investors: Carmel Ventures, Gemini Israel Ventures, GlenRock Israel, Index Ventures
Kaltura Inc.
- Business: Open source video for enterprises
- CEO: Ron Yekutiel
- Chances of sale/IPO: Not anytime soon
- Estimated company value: $200 million
- Estimated revenue in 2012: $70 million
- Capital raised: $60 million
- Prominent investors: Intel Capital, Avalon Ventures, Mitsui & Co. Global Investment Inc.
Kontera Ltd.
- Business: Text analysis-based advertising
- CEO: Yoav Shaham
- Chances of sale/IPO: The company is not yet ready for an IPO
- Estimated revenue in 2012: $40 million
- Capital raised: $33 million
- Prominent investors: Sequoia Capital, Carmel Ventures, Tenaya Capital
myThings Inc.
- Business: Technology for creating dynamic and personalized advertising in real time
- CEO: Benny Arbel
- Chances of sale/IPO: The company is growing rapidly, but no concrete plans are known
- Estimated revenue in 2012: $75 million
- Capital raised: $37 million
- Prominent investors: Accel Partners, Carmel Ventures, Iris Capital - Orange-Publicis Venture Fund, Deutsche Telekom's investment arm T-Venture Holding GmbH
Fiverr Inc.
- Business: Social network marketplace for small services
- CEO: Micha Kaufman
- Chances of sale/IPO: The company is considered a hot item, but no financial moves are apparently in the offing
- Estimated revenue in 2012: Tens of millions of dollars
- Capital raised: $20 million
- Prominent investors: Accel Partners, Bessemer Venture Partners, and private investors
Published by Globes [online], Israel business news - www.globes-online.com - on June 12, 2013
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