News
  • Viola Private Equity | 30 Mar 2015

    GlassesUSA.com Raises $12.5 Million Growth Round Led By Viola Private Equity

    GlassesUSA is a leading e-Commerce company that sells discounted prescription eyewear to the US consumer market at large, offering both branded and private-label eyewear.

      Tel-Aviv – March XX, 2015 - GlassesUSA, the online retailer specializing in prescription eyewear, announced the closing of $12.5 million in new financing led by Viola Private Equity, a member of the Viola Group. The funding will further GlassesUSA's aggressive business growth and accelerate their expansion as a leading player in the growing global market of online eyewear, both B2C and B2B.

     GlassesUSA was founded in 2009 by CEO Daniel Rothman, COO Eldad Rothman, and CTO Roy Yamner. Leveraging their vast experience in online branding, marketing and operations and backed by a team of 70 employees, GlassesUSA has built a global leading e-commerce company ranked for three consecutive years as a top 500 global retail site and coined “one of the fastest growing sites” by Internet Retailer.

     GlassesUSA aims to guarantee high quality prescription eyewear at a fraction of the offline price on a global scale and with supreme customer satisfaction. To do that, GlassesUSA, established an in-house optical lab and created an efficient marketing, production, distribution and customer support setup. Through engaging directly with consumers and providing a fun and easy shopping experience, GlassesUSA has already shipped hundreds of thousands of eyeglasses to date, both branded and private-label.

     Ayal Shiran, Partner at Viola Private Equity said: “GlassesUSA operates in a rapidly growing market that is ripe for disruption. This is Viola PE's first investment out of our second fund and the first investment in the eCommerce market, an area that we are following carefully. We are excited to lead the round, and support GlassesUSA’s founding team in their goal of making GlassesUSA the market leader in this fast-growing multibillion dollar space."

     Daniel Rothman, GlassesUSA CEO said:

     “The optical industry has not undergone a major change in decades. Like in many other retail industries in which ecommerce has made a significant change, we believe the optical industry is being disrupted in a similar way. Through an advanced online sales platform, efficient supply and distribution, high quality products with competitive prices and top-quality customer service, GlassesUSA will play a major role in shaping the growing online optical industry. Glasses will no longer be an expensive medical product purchased every two years, but a fashion accessory purchased seamlessly online in a variety of colors and styles, just like shoes or any other accessory.

     “We are very excited to partner with Viola Private Equity as we continue to expand our global market share and focus on customers satisfaction. “

      About GlassesUSA

    GlassesUSA is a global e-commerce company that sells discounted prescription eyewear. CEO Daniel Rothman, COO Eldad Rothman, and CTO Roy Yamner founded it in 2009 with the goal of guaranteeing a large variety of high quality prescription eyewear at competitive prices, unbeatable customer service, and a seamless shopping experience.  For more information: www.glassesusa.com

     

  • Viola Credit | 25 Mar 2015

    RR Media Expands 4K Capabilities Across Entire Content Lifecycle
  • Carmel Ventures | 18 Mar 2015

    Playbuzz announces $16M funding to extend its global leadership in content engagement

    #1 Shared Publisher on Facebook Announces Series B Funding, Expanding WW offices

    New York, NY and TEL AVIV, ISRAEL– March 18, 2015 – Playbuzz, the company behind the world’s leading platform for online content engagement and social distribution, announced today that it has raised $16 million in Series B financing. The round was led by venture capital fund 83North, with additional investment from Saban Capital and participation of existing investors Carmel Ventures and FirstTime Ventures. The new investment will be used to expand the company’s global operations, enrich the variety of formats available on the platform and empower online publishers with extended authoring, distribution and monetization capabilities. In addition to its New York Headquarters, PlayBuzz is opening offices in Asia and Europe.

    Founded in 2012 by Shaul Olmert and Tom Pachys, Playbuzz enables publishers, bloggers, marketers and brands to connect with audiences in a meaningful and share-worthy way, through interactive storytelling in snackable formats such as quizzes, lists, surveys, ranking and more. Within one year of its launch, the Playbuzz platform has attracted a rapidly growing community of thousands of publishers and content creators who author, embed and distribute compelling, fun content optimized for user engagement and social sharing. Playbuzz is seeing over 80 million monthly unique visitors and has been ranked the #1 most shared publisher on Facebook for four consecutive months according to NewsWhip.  

     “The immense popularity of social media has disrupted the digital publishing industry”, said Shaul Olmert, Playbuzz Founder & CEO. “Playbuzz’s free platform enables content owners to rely on its proven, ready-made content formats,  and deliver content items that are ideal for their target audience, for cross platform adaptability and for social sharing."

     “Playbuzz’s dramatic growth and fast adoption points to the market’s thirst for a scalable platform to create viral audience engagement” said Arnon Dinur, Partner at 83North, who has joined Playbuzz’s board of directors following the investment. “We are thrilled to invest in this category leader, whose meteoric rise in popularity has made it the destination of choice  for publishers seeking to engage today’s always-connected, always-evolving digital audiences.”

    ###

     

    About Playbuzz

    Playbuzz is a free content platform that enables publishers, bloggers and brands to create, distribute and embed quizzes, polls, lists and other playful formats of engaging content on any website or mobile app. The world’s leading publishers use the Playbuzz platform to engage users, increase web traffic, boost their reach, and optimize content for maximum social interaction and shares. For the past four months, the NewsWhip index has ranked Playbuzz as the most shared publisher on Facebook, globally. To date, the Playbuzz network of partner publishers and creators, has distributed content powered by the platform to some 500 million audience members.

    For more information please visit http://publishers.playbuzz.com or create your own playful content at www.playbuzz/create.com and follow us on Twitter @play_buzz.

     

    About 83North

    83North, formerly Greylock IL, is a global venture capital firm with more than $550 million under management. The fund invests in exceptional European and Israeli entrepreneurs, across all stages of consumer and enterprise companies. With offices in London and Tel-Aviv, 83North is the sum of the latitudes of these two main hubs of operation.

    For more information visit www.83north.com and follow us on Twitter @83NorthVC

     

    Contact Information:

    Sarah Warshawsky

    sarah@headline-media.com

    516.595.1743

     

     

Our People and Companies

About

Viola Group, with over $2 Billion under management, is Israel’s premier technology oriented private equity investment group.

Viola Group aims to provide long term, world-class returns by identifying and pursuing attractive investment strategies in the vibrant Israeli technology and industry market. Viola Group is comprised of focused separate independent best of class partnerships including Carmel Ventures – a top tier Venture Capital fund; Viola Credit – a leading equity-based lending fund; Viola Private Equity – technology focused growth capital and buyout fund; and Viola Partners – an exclusive investment fund mainly for private investors. Each partnership operates independently while enjoying access to market and technology research and insights, global tier-one investors, superior investment opportunities, a global industrial network, and access to leading management and investment talent.The partnerships identify, partner with and actively support leading entrepreneurs and high potential, growth-oriented enterprises and investment funds.

News

Archive

  • 2015 (15)
  • 2014 (47)
  • 2013 (17)
  • 2012 (9)
  • 2011 (7)
  • 2010 (7)
  • 2009 (3)
  • 2008 (2)
  • 2006 (3)

Latest News

    • RR Media Reports Record Revenues of $33.1 Million for the Third Quarter 2014; Up 8.2% Year-Over-Year

      Quarterly Gross and Operating Margins Improve Sequentially; Management Reiterates Full-Year Revenue Guidance
    • Orad and KamaKama deliver on-demand real time video highlights from live sports events in seconds to smart mobile devices

      Orad and KamaKama announced today they have joined forces to provide sports content right holders and broadcasters a cutting edge platform to deliver instant and personalized sports’ clips to their mobile viewers. With the new platform, sports fans will benefit from the ultimate on-the-go viewing experience: exclusive personalized video highlights from live sports events available for immediate viewing on smart mobile devices in real time, based on users’ settings. - See more at: http://www.orad.tv/orad-and-kamakama-deliver-on-demand-real-time-video-highlights#sthash.7IVcfL8g.dpuf
    • France BFMTV relied on Orad’s PowerWall video wall solution for 2014 Municipal Elections

      Orad announced today that BFMTV – France’s leading 24/7 news channel relied on Orad’s PowerWall video wall solution to display linear graphics and videos during 2014 Municipal elections broadcast. The graphics and videos were controlled from Orad’s 3DPlay controller.
    • Zend Broadens Executive Team With President to Support Accelerated Growth

      Stu Schmidt Brings 25+ Years of Leadership Experience and Demonstrated Success in Scaling Global Business Operations.
    • RRsat Enhances Presence in United States to Better Serve Growing

      RRsat America Brings Media Management, Monetization and Global Content
      Distribution Services to the U.S. Market, Opening Opportunities for International
      and U.S. Media Companies Alike
    • Zend announces the availability of Zend Framework 2 Certification

      Zend announces the availability of Zend Framework 2 Certification

       Zend, the PHP Company, has announced the immediate availability of the Zend Framework 2 Certified Architect certification. Zend Framework is the leading open source PHP application framework, utilized in hundreds of thousands of applications globally, and one of the world's most successful projects, providing re-usable code and best practices that developers can use to create modern, high-performing web applications.
      Featuring over 10,000 certified software professionals worldwide, Zend Certifications have become the acknowledged industry standard enabling developers, and software development organizations, to demonstrate mastery of their PHP skills. Zend Certifications are built to American National Standards Institute (ANSI) standards.

      The Zend Framework 2 Certified Architect exam was developed by an expert advisory board led by Zend Framework’s Project Lead, Matthew Weier O'Phinney, and a team of Zend Framework 2 contributors, developer community leaders and engineers with practical experience building real-world applications.
      “We have heard from many developers that studying for, and obtaining, a Zend certification helps developers improve their skills through the process of exam preparation.” said Debbie Otterstetter, Senior manager of Global Training and Certification at Zend, “Taking and studying for these certification exams can really help a developer get a wide understanding of the full range of PHP's & Zend Framework capabilities.”
      Zend has introduced two new certification exams in the last six months, Zend Certified PHP Engineer and Zend Framework Certified Architect. “PHP, driven by its large developer community and vast ecosystem, has become the platform of choice for developing the backend of web and mobile applications, as well as many business critical enterprise apps “said Ido Benmoshe, VP of Global Services at Zend, “Many developers and development managers realize the importance of keeping current with their technical certifications, best practices and modern development techniques”.
      Reservations for the Zend Framework 2 Certified Architect exams are available at the PearsonVUE testing centers starting on March 6th.

      In order to aid developers enhance and master their PHP and Zend Framework skills, Zend has created a complete curriculum of classes expediting the learning process. All classes are designed and taught by professional, experienced PHP developers who understand how to equip you with the knowledge and tools to architect and develop professional PHP and Zend Framework applications. You can find the complete set of classes at: http://www.zend.com/training

      Attend the Webinar: Accelerate Your Career with Zend Certifications
      Wednesday April 9th, 8:30am PDT

       

    • NTV+ picks Orad's graphics for their Sochi Winter Olympic coverage

      NTV+, Russia's digital satellite broadcaster, has chosen Orad to cover the 2014 Sochi Winter Olympic Games. NTV+, the host broadcasters for the Sochi Olympics who have domestic broadcasting rights for the entire event, will be using multiple Orad graphic solutions to facilitate and simplify their production workflow.

    • Zend Announces Enhanced Long-Term Support Policy for PHP

      New Zend Server 6.3, Zend Studio 10.6 Announced, Along With Extended Support for PHP 5.3 and Beyond

    • RRsat Wins a Tender to Broadcast Duna TV, Hungarian Public TV Channel and Radio, to Americas and Australia

      Contract is for $1.2 Million with Potential Expansion to $2.5 Million

    • Matomy Media Group Merges MediaWhiz into global Operations

      Performance media company MediaWhiz will now operate as U.S. hub of global firm Matomy
    • RRSAT delivers live and delayed coverage of 2013 winter universiade events to CBS sports network

      Collaboration with TGVN to Deliver Coverage Reprises Successful Live Broadcast by RRsat of 2013 Summer Universiade

    • Matomy Media Group Acquires Performance-Based Social Advertising Agency from Adquant

      Matomy now offers performance-based solutions for Facebook advertisers
    • Viola Credit Granted $5 Million Credit Facility to Apos Medical & Sports Technologies

      Apos - Medical & Sports Technologies, the developer of AposTherapy - an innovative, personalized, non-surgical and drug-free medical program for knee and back pain, announced today that it has received a $5 million credit facility from Viola Credit (formerly Plenus). 
    • ECI Telecom Receives “2012 Communications Solutions Product Of The Year” Award

      Native Packet Transport (NPT) platforms recognized for exceptional innovation with multidimensional flexibility for packet-optical networks​​
    • Clarizen V6 Named “New Product of the Year” by Business Intelligence Group

      Award Win Underscores Clarizen’s Commitment to Product Excellence, Empowering Customers to Collaborate Efficiently and Effectively.
    • Viola Private Equity Acquires control of Gaon Holdings

      Viola invested NIS 70 million and became the Company’s largest shareholder (57%).

      Within the framework of the deal, Viola also received options which, when realized, will bring Viola’s holdings in the Company to 68.5%. The realization of the options will inject additional cash into the Company in the future.

    • The Viola Group Acquires 20% of the Israeli company RRsat for $28 Million

      THE INVESTMENT GROUP SIGNED AGREEMENTS TO ACQUIRE PART OF KARDAN COMMUNICATIONS’ AND DAVID RIVEL’S HOLDINGS IN THE COMPANY. THE COMPANY IS TRADED ON NASDAQ AND PROVIDES MANAGEMENT AND CONTENT DISTRIBUTION SERVICES TO MORE THAN 630 TELEVISION AND RADIO STATIONS IN ISRAEL AND ABROAD * BEIT-ON, A FOUNDER OF THE VIOLA GROUP: “THE COMPANY HAS SIGNIFICANT GROWTH POTENTIAL, BOTH ORGANICALLY AND THROUGH THE ACQUISITION OF OTHER COMPANIES
    • Corning Incorporated to Acquire MobileAccess

      Corning Incorporated to Acquire MobileAccess Acquisition to extend wireless technology platform within Corning’s telecommunications segment
    • Viola Private Equity Invests $7 million in Zend Technologies

      Viola Private Equity Invests $7 million in Zend TechnologiesLeads a $16.5 million Investment Round Intended to Fuel Growth of PHP Market Leader
    • Viola Private Equity invests $17 million to acquire 21% of Matomy Media Group (previously Adsmarket)

      Adsmarket, an established internet advertising company, is the third largest company in Europe in this field and employs around 140 people, mainly in Israel. The Company, founded in 2007, recorded sales of $80M in 2010, compared to $7M in 2007.
More

Portfolio

All