Enterprise Software - Tuesday, April 25, 2006
Oracle Sticks a Few Hundred K Into Israel's Yadata
Despite barely having a Web site and an office, Israel's Yadata has been courted by Oracle with a $500K seed investment. Yadata is developing segment relationship management (SRM).
To be fair, the deal may well be more of a result of politics than due diligence. Last summer, Israel signed a cooperation agreement with Oracle, by which, Oracle undertook to invest several million dollars in a number of Israeli start-ups every year.
Read - Oracle makes first investment in Israeli co (Globes)
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