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Media - Monday, July 31, 2006

Online Advice Site Kasamba To IPO in Tel Aviv

Thumb Israel's Kasamba plans an IPO at $40-50M valuation on the Tel Aviv exchange in September. Kasamba was founded in 2000 as a web-based consultancy service for doctors. The company expanded its services to other fields like personal advice. Like its American rival Keen, Kasamba found that its best business was in tarot card reading and horoscopes delivered online. JAL Ventures has invested $2M. The company claims it ended 2005 with sales of $10M. Kasamba is another case that we continue to see where founders stuck to it after the bubble burst and have come out clean through perseverance.... Continue...

News & Updates - Monday, July 31, 2006

LiveNation Buys MusicToday And Other Fresh Deals

Thumb Investments AUSTIN, TX CoVi Technologies Has Raised $15M in Series C (High-definition Video Surveillance) ISRAEL WiNetworks Has Raised $11M in Series C (WiMax and Digital Video Broadcasting) SEATTLE, WA Intrepid Learning Solutions Has Raised $11.7M in A Fourth-round (Training Services) ISRAEL Surf Communication Solutions Has Raised $8M in A Fifth-round (Media Processing) LONDON, UK AutoQuake Raises $6M (Online Auto Auction) BETHLEHEM, PA Weather Trends International Has Raised $4.5M in Series A (Weather Forecasting Technology) CAMBRIDGE, MA Light Blue Optics Has Raised $2.5M in A First-round (Projection Technology) M&A DUBLIN, IRELAND Irish Times Buys MyHome.ie For $64M (Real Estate Web site) CHARLOTTESVILLE, VA LiveNation Buys MusicToday - Which Claims $100M in Revenue Last Year (Music Site Network) ZURICH, Switzerland Jelmoli Holding AG Has Acquired Preisinsel AG (ecommerce) VIENNA, Austria. GES gcp Enterprise Software Group Has Acquired Infoniqa (Enterprise Software)... Continue...

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