"Globes" selects some of Israel's most promising start up candidates for the next big exit.
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
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013