• 15 Sep 2015

    Outbrain brings in Pinterest's head of partnerships Eric Hadley

    Outbrain has hired Pinterest's Eric Hadley in the newly created role of global head of marketing solutions  to promote the company's value to brands and agencies while overseeing the content discovery platform's agency partnerships around the world.

    Hadley, who has worked with Yahoo, Microsoft and The Weather Channel, was previously head of partnerships at Pinterest.

    He will be tasked with raising the profile of the company through strategic initiatives and premium partnership models.

    Yaron Galai, chief executive and co-founder of Outbrain, commented: "Eric’s wealth of experience and knowledge will make him a key addition to this company, and his proven track record demonstrates his effectiveness in the art and science of marketing."

    Hadley added: "Being able to lead the future growth of Outbrain with brands and agencies, and assisting in making their content marketing campaigns truly scale is a terrific opportunity that I am looking forward to the most.”

    While at Microsoft, Hadley was involved in the launch of its search engine, Bing. 

  • 10 Sep 2015

    Clarizen opens Australian office

    Clarizen, a supplier collaborative work management software, has announced its new Australian office, expanding its global footprint in the Asia Pacific (APAC) market.

    Clarizen also named Gary Rubinstein to lead the region as Country Manager, Australia and New Zealand. Gary reports to Guy Shani, vice president of strategic alliances and Asia Pacific Japan, based in San Mateo, California.

    Most recently, Rubinstein served as group manager and national practice principal at Revolution IT, a Melbourne-based application lifecycle management consultancy that serves the Asia Pacific region.

    “Collaboration, productivity, and transparency are top-of-mind for APAC enterprises,” said Rubinstein. “They are looking to get work done as efficiently as possible while collaborating with team members on multiple projects in diverse locations, all in real time.”

  • 10 Sep 2015

    Optimal+ Raises $42 Million Growth Round Led By KKR

    LONDON & TEL AVIV, Israel--()--KKR, a leading global investment firm, today announced that it is leading a $42 million growth equity investment in Optimal+, a big data analytics company that provides highly actionable insights to the semiconductor industry. KKR makes its investment alongside the existing lead investors Carmel Ventures and Pitango, two of Israel’s most preeminent venture capital funds. KKR will support the global expansion plans of Optimal+ with primary capital as well as access to its global network of companies and technology experts.

    Optimal+ was founded in 2005 in Tel Aviv by its CEO Dan Glotter, and after several years of R&D investments, has been rolling out its current suite of products over the last four years.

    Optimal+ provides an end-to-end solution that delivers actionable business intelligence to the semiconductor industry through a cutting-edge big data solution that analyzes and processes more than 25 billion chips per year. The enterprise software solution collects, cleans and aggregates large amounts of data from multiple manufacturing locations and delivers insights that allow customers to significantly improve their product quality, output yields and processing times with complete supply chain visibility. The product thereby delivers significant cost savings and a high return on investment to its end users.

    Dan Glotter, Founder and CEO of Optimal+, commented: “KKR is the perfect partner for Optimal+ as we look to accelerate our global growth and expand the capabilities of our platform beyond semiconductor into the electronics market segment. Our technology delivers huge ROI to customers through increased product yield, higher quality and greater manufacturing efficiency. We are seeing very strong demand for the actionable intelligence that our solutions provide.”

    Lucian Schönefelder, Director of the European Technology and Digital Media Investment team at KKR, said: “We are very proud to partner with a world-class founder like Dan and some of Israel’s smartest investors to further accelerate the global development of Optimal+. As chips become ever more embedded in our daily lives and the number of mobile and IoT devices continues to skyrocket, Optimal+ is performing a critical function to help its clients attain ever higher quality standards. KKR’s deep experience in semiconductors & electronics, combined with our strong B2B software investment track-record and our global network, gives us a unique position to help Optimal+ write the next chapter of its story. We are also very excited to make our second tech investment in the world-class technology hub of Israel this year.”

    Aaron Mankovski, Managing General Partner of Pitango Venture Capital states: “Optimal+ is practically re-connecting the global supply chain for the semiconductors and electronics industry with its robust big data analytics solutions. The company is the market leader in its category and with the addition of KKR and this significant financing round, we are well-positioned to build a world class company that will be the essential building block of the information highway for the electronics industry that will allow its customers to gain substantial financial and operational benefits from using the Optimal+ solutions.”

    KKR has a long-established track record of supporting technology companies, having invested more than $13 billion of equity in more than 49 companies across software, internet, media and IT-infrastructure since 2000.

    The investment in Optimal+ is part of KKR’s growth equity effort, which focuses on selective investments in fast-growing, technology-enabled companies that sell differentiated products with global market potential and which are led by outstanding founders. Recent growth equity investments by KKR include ClickTale (behavioral big data analytics business for web & mobile), Ping Identity (identity security software), arago (AI-based IT automation software), Next Issue Media (digital magazine subscription marketplace) and others.

    KKR is funding the investment primarily from its own balance sheet. No financial terms were disclosed.

    Our People


    Carmel Ventures is a venture capital firm, empowering early stage start-ups to become category leaders 

    Founded in 2000, Carmel Ventures is managing over $800M across four funds. As Israel’s top tier VC firm, we invest in Israeli or Israeli related early stage companies and build global category leaders. Carmel invests across a number of key market segments including: software, new enterprise infrastructure, big data, digital media, consumer applications and semiconductors.

    Our team approaches the investment as a proactive, hands-on endeavor. Carmel Ventures typically leads or co-leads investments and take an active role on the Board of Directors while keeping a low ratio of companies per partner. With strong M&A and IPO experience, the Carmel team has backed a disproportional share of Israel’s category leaders that generate over $100M in annual revenues, including: Outbrain, ironSource, Payoneer, and more.

    Advisory Board



    • 2015 (66)
    • 2014 (78)
    • 2013 (88)
    • 2012 (86)
    • 2011 (106)
    • 2010 (74)
    • 2009 (52)
    • 2008 (41)
    • 2007 (47)
    • 2006 (40)
    • 2005 (1)

    Latest News