Start-up Digital Fuel Technologies has just completed an
initial financing round, in which it raised $3 million from Israel Seed and
Shlomo Kramer.
Hebrew daily "Yediot Ahronot" reports that a group of former employees
from Amdocs, Check Point and BRM set up a new start-up named Digital Fuel.
Set up at the beginning of 2000, Digital Fuel provides solutions for ASPs
and customers.
Digital Fuel Technologies has just completed an initial financing round,
in which it raised $3 million from Israel Seed and Shlomo Kramer, one of
Check Point’s founders. The round took place at a company value of $8
million, after money.
Benny Lehmann, formerly of the BRM group, Yakov Kogan, formerly of
Amdocs, Gilad Raz, formerly of Check Point and Ronnie Haffner, formerly of
BackWeb are some of the start-ups’ founders .
Published by Israel's Business Arena on 18 July, 2000