• 27 Jan 2016

    EMC and Cellwize Validate Technology that Delivers Enhanced Customer Centricity Capabilities to Operators

    Closed-loop customer-centric solution enables operators to tweak network resources for target markets

    Cellwize, a leading Self-Organizing Network (SON) solutions provider, has validated that its Value-Driven SON® (VDS) technology interoperates with EMC’s Real-Time Intelligence (RTI) platform to create a solution that enables mobile operators to self-adapt and prioritize their network resources in real-time.

    The Cellwize closed-loop system feeds quality measurements back to the analytics engine to continuously improve services, enabling operators to tweak network resources to solve performance pain points and offer revenue generating services for specific market segments in an agile and systematic way. The end goal is to reduce subscriber churn, increase positive word-of-mouth, social media endorsements and enhance brand perception in addition to creating potential for new revenue streams.

    There are several opportunities for an enhanced customer experience for specific target markets being explored including first responders, rush hour commuters, enterprise customers, university campuses, and IoT applications including smart cities and connected cars.

    “The multi-vendor, cross-technology nature of the Cellwize customer-centric solution has been a key reason for our choosing to work with Cellwize to validate its technology,” said David Hudson, General Manager of Telecom Modernization at EMC Corporation. “Finding ways to bring innovative SON solutions from Cellwize to market will help enable us to provide mobile operators with lasting customer loyalty and new opportunities.”

    “EMC’s ability to ingest and distribute millions of data events per second will give our customer-centric SON solution the ability to take action on a superset of business and network insights and boost performance for precise market segments,” said Ofir Zemer, CEO of Cellwize. “Working with EMC is part of our strategy to leverage our latest infusion of capital to create a stronger SON ecosystem to provide end-to-end differentiating solutions for our customers.”

  • 27 Jan 2016

    Personetics Secures Multiple Multi-million Dollar Agreements with Leading Global Financial Institutions

    NEW YORK, January 27, 2016 /PRNewswire/ --

    Personetics, the leading provider of personalized digital guidance solutions for the financial industry, announced the company has signed several seven-figure contracts with major global banks and card issuers that will extend the deployment of itspersonalized digital banking technology to over 15 million users.

    The Personetics Predictive Analytics platform is a white label solution embedded in a bank's web and mobile applications. It empowers banks to analyze vast amounts of customer data on-the-fly to accurately identify and anticipate individual customer needs. Based on real-time analysis of customer situation and behavior, Personetics delivers personalized and relevant self-service and guidance at each step of the customer journey.

    The signing of these multi-million dollar contracts marks a record-breaking growth year for Personetics. The number of financial institutions using the Personetics solutions has more than doubled over the past twelve months, and the number of bank users that enjoy the benefits of these solutions has more than tripled.

    "Over the past year, we have seen a groundswell of personalization initiatives in banks all over the world. There are many smart people in leadership positions at these banks that are seeing the writing on the wall and realizing they have to do something different if they want to remain relevant to their customers in the digital age," said Personetics Co-Founder and Chief Executive Officer David Sosna. "The banks we are working with are seeing an impressive lift in satisfaction and engagement rates as a result of delivering personalized insights and advice to their digital customers. These results underline the accelerated pace of adoption and deployment that we are seeing over the past year and continuing into this year."

  • 26 Jan 2016

    Seebo Raises $8.5 Million Funding Round Led By Carmel Ventures to Make IoT Simple for Product Companies

    Funding will enable Seebo to expand its US office as well as enter new industry verticals

    Tel Aviv, Israel, [MONTH] [DAY], 2016 Seebo, the leading provider of an Internet of Things end-to-end development, production and runtime platform, announced today that it has closed a $8.5 M Series A financing round bringing the total raised to date to $14M. The funding was led by Carmel Ventures, a member of the Viola Group, with participation from existing investors, including TPY Capital. The company also announced that Ori Bendori, General Partner at Carmel, will join its Board of Directors.

    Seebo provides companies with end-to-end tools and technology for the development, production and post launch needs of smart products, enabling product teams to expedite their go-to-market timeline while significantly lowering product lifetime costs. The company is currently working with numerous companies across a range of industries, including toy and children’s products, health and wellness, sports equipment, baby products, and education.

    “Introducing a smart, IoT-connected product to the market today is a long, costly and complicated process, often times leaving even the most motivated product teams frustrated and well over budget,” said Lior Akavia, Co-Founder & CEO of Seebo. “Seebo allows any product team to easily transform innovation to creation and focus on what will drive value for their customers.”

    Most product companies won’t want the headache, expense and commitment of building IoT development and runtime capabilities from scratch. Seebo’s platform is aimed at helping these companies solve the question of how to build and support connected products, allowing them to keep doing only what they do best.

    “We believe that Smart IoT products will become a standard in various verticals very soon and that’s why we partnered with Seebo that is perfectly positioned to help bring the IoT revolution to market,” said Ori Bendori, General Partner at Carmel Ventures. “With Seebo, any product can become connected in a cost effective, fast and efficient process. We look forward to working closely with the visionary team at Seebo as they continue to perfect their platform and increase market share across numerous verticals.”

    “Seebo provides its customers with a set of tools which simplifies the development, production, and runtime processes necessary to bring smart products to market,” said Guy Yamen, Seebo’s Chairman of the Board and Managing Partner at TPY Capital. “We are excited to welcome Carmel on board and to help Seebo develop its roster of clients, which already includes some of the world’s most innovative companies.”

    About Seebo

    Seebo is an Internet-of-Things development, production and runtime platform that allows any product team to bring smart product ideas to mass market. Seebo provides end-to-end tools which enable product teams to make their products smarter, in a fast and easy process, of various industries. Seebo allows its clients to focus on aspects they master, by simplifying complex electronics, software and runtime issues. For more information, please visit www.seebo.com. Follow Seebo on Twitter at @Seebo

    About Carmel Ventures

    With over $800 million currently under management, several successful exits, and a growing portfolio of promising companies, Carmel Ventures is among Israel’s top-tier venture capital funds. Founded in 2000 by pioneers and leaders of the Israeli high tech industry, the venture capital firm provides significant capital and active support through the growth cycle of its portfolio companies, and is recognized as a true company-building fund in Israel. Carmel Ventures is a member of the Viola Group, Israel’s premier technology-focused PE group with over $2 billion under management. For more information please visit www.carmelventures.com and www.viola-notes.com

    About TPY Capital

    TPY Capital is an investment firm dedicated to the growth of its technology portfolio companies. Since its inception in 2011, when it was formed by the Taché family, Dekel Persi and Guy Yamen, TPY Capital has deployed dozen of millions of dollars to fuel the global expansion and R&D innovation of the companies it invested in.

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    Carmel Ventures



    Comments: Press kit: (1) Seebo logo (2) Picture of Lior Akavia, CEO & Co-Founder (3) Picture of Liran Akavia, COO & Co-Founder of founders (4) Headshot of Guy Yamen, Chairman of the BOD (5) Headshot of Ori Bendori, Partner at Carmel Ventures, (6) Screenshot of the Seebo IoT development, production and runtime tool 

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    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.

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