• 21 Jul 2016

    Redis Labs raises $14M for its in-memory NoSQL database services

    Redis Labs, the company behind the open source Redis data structure store, today announced that it has raised a $14 million Series C round led by Bain Capital Ventures andCarmel Ventures. The company’s existing investors, including Silicon Valley Bank and Tamar Ventures managing partner Zohar Gilon, also participated in this round.

    With this round, which follows the company’s $15 million Series B round, Redis Labs has now raised a total of $42 million.

    The company says it plans to use the new funding to expand its sales and marketing efforts as it tries to get an even stronger foothold in the enterprise.

    The company, which was founded in 2011, also today announced that it has won 600 new enterprises customers in the first half of this year. Its customers now span a range of verticals and include the likes of Groupon, TD Bank, Verizon, HipChat, DBS, Ring Central, Menards, Twitch and flydubai.

    Redis is well positioned to capitalize on the growing market for in-memory data stores (and it now also offers Redis on Flash, too, which allows for running Redis on SSDs instead of the more expensive RAM). As more enterprises look at IoT use cases and how they can make the best use of real-time analytics, having access to a fast data store is obviously becoming more important, too.

    “Now more than ever, enterprises need solutions that can quickly process large sets of data,” said Ofer Bengal, CEO and co-founder, Redis Labs, in today’s announcement. “We founded Redis Labs with the mission of extending the power of Redis to enterprises who needed to simplify how they manage big and complex data. With more enterprises and developers recognizing the value of Redis, this Series C investment enables Redis Labs to further innovate and deliver high-performance Redis solutions.”

    Like other open source-based enterprise companies, Redis makes the core database technologies available for free. On top of that, though, it also offers a number of services, included the fully managed Redis Cloud service and support for its Redis Labs Enterprise Cluster, among other offerings.

  • 14 Jul 2016

    LiveU Enhances UEFA Euro 2016 Coverage for Multiple Broadcasters Including ITV Sport and beIN Sport

    Major broadcasters use LiveU technology to provide innovative coverage of the premium European football tournament

    HACKENSACK, New Jersey, July 14, 2016 /PRNewswire/ -- Major broadcasters around the world have once again taken advantage of the power and flexibility of LiveU's technology to provide a 360 degree viewer experience of the UEFA Euro 2016 tournament. This includes both ITV Sport and beIN Sport, the latter via production company Medialuso, part of the Spanish Mediapro Group, who used units from across the company's product portfolio to bring live images to their viewers from France.

    ITV Sport was the joint rights holders in the UK, along with the BBC, and split the live coverage of games with both covering the final. The broadcaster covered 51 games during the month-long competition around France from a studio in Paris. UEFA supplied 13 feeds from each game as the host broadcaster as well as around 30 crews also feeding back to the IBC in Paris. ITV Sport then had a crew following the England team, equipped with a LU500 portable transmission unit, and another crew that followed the other UK teams as well as the Republic of Ireland, also equipped with a LU500. The broadcaster also had unlimited LU-Smart smartphone licences using the LiveU GoPlan data plan package in case it needed them.

    Roger Pearce, Technical Director, Sport, ITV Sport Productions, said, "LiveU was part of our armoury to ensure material could be received quickly to be edited as soon as possible. It was also a useful tool to report live, if required. It's great for standups and other interview-style footage that enhanced our coverage. We had used LiveU successfully for the 2014 FIFA World Cup inBrazil and purchased a server for our London hub. We were very happy with the support we received for our reporters as they had to pick up the LiveU technology and learn it quickly. Sports coverage is about being there and making the viewer feel part of the game and to do that getting material live or very quickly without much planning is essential."

    Spanish production company Medialuso covered the whole event for beIN Sport with LiveU servers installed at beIN France and beIN HQ in Doha. Medialuso used 22 LiveU units from across the company's portfolio, bringing together a huge range of coverage from all the French cities that hosted games and were the main headquarters of national teams. On average, they produced over 70 live feeds per day and for the final game they used 16 LiveU units sending feeds in parallel. Three of these were from motorcycles following the national teams of France and Portugal and also the match officials.

    Ronen Artman, VP of Marketing at LiveU, said, "We have a very strong lineage in enhancing sports coverage since our first use at the Beijing Olympics in 2008. We're excited to see usage continue to expand with broadcasters able to think differently now and to bring far more varied content from the field to create a more rounded and immersive viewer experience."

    The ITV Sport deal was overseen by LiveU's UK partner Garland Partners Ltd. while Park 7 Tecnología in Spain worked with Medialuso.

  • 11 Jul 2016

    Outbrain signs multi-year agreement with Mediacorp
    SINGAPORE - Outbrain has announced a two-year partnership with Mediacorp, one of Singapore’s largest media companies.

    The partnership will see the media company deploy the full stack of Outbrain Engage solutions to enhance its digital strategy.

    Specifically, the arrangement will allow Mediacorp’s online properties—Channel NewsAsia and TODAYonline—to drive engagement and audience growth, power key insights and analytics about their core digital users and maximise monetisation opportunities, according to the companies.

    Mediacorp will gain access to Outbrain’s Visual Revenue product, which will enable its editors to observe and react to real-time data on content performance, the companies said.

    Low Boon Kiat, lead for digital partnerships at Mediacorp, said the company is always looking at new ways to provide long-term value, and a native offering is a good option from Outbrain.

     “We look forward to deeper audience engagement using stronger analytics and real-time content performance enhancement obtained from Outbrain’s Visual Revenue,” he added.

    Outbrain will aggregate Mediacorp’s audiences with those from its existing local publishers and global sites such as News Corp Australia, The Philippines Daily Inquirer, Indian Express, Fairfax, CNN, Time, and Mashable.

    Sigrid Kirk, VP of Engage APAC at Outbrain, said the company is “delighted” to renew its partnership with Mediacorp. “Our platform now serves multiple publisher stakeholders and affords our partners with the flexibility to embrace digital opportunities and continues to deliver what audiences crave,” she added.

  • 21 Jul 2016

    RT @ArcgateInc: Congratulations @RedisLabs @BainCapVC @carmelventures #funding #VC #nosql #data https://t.co/IQYJyEVw3f
  • 18 Jul 2016

    RT @mikiberra: #Israel #FinTech Map Created by @carmelventures #startup #payments #trading #banking https://t.co/ANLZRS5CCI https://t.co/43…
  • 18 Jul 2016

    RT @IATI_Israel: @ironSource CEO & Co-founder Tomer Bar-Zeev belives in "Many Products, Many Markets" approach: https://t.co/60sa8Qj5qe @ca…

Our People

About

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 hundreds of millions of dollars in annual revenues, including: Outbrain, ironSource, Payoneer, and more.

Advisory Board

News

Archive

  • 2016 (42)
  • 2015 (77)
  • 2014 (78)
  • 2013 (88)
  • 2012 (86)
  • 2011 (106)
  • 2010 (74)
  • 2009 (52)
  • 2008 (41)
  • 2007 (47)
  • 2006 (40)
  • 2005 (1)

Latest News