• 01 Jul 2015

    SPLACER RAISES $1.4 MILLION IN SEED ROUND OF FINANCING AND EXPANDS TO NEW YORK CITY

    The platform for connecting venue owners with event hosts brings its underlying  philosophy of local sharing and inspirational experiences to the Big Apple

    NEW YORK -- July 1, 2015 -- Splacer (www.splacer.co), an online marketplace for people to list, discover, and book short-term event spaces, announced today that it has raised $1.4 million in a seed round of financing led by Carmel Ventures with participation from a consortium of angel investors. In addition, Splacer is announcing the beta launch of its platform in New York City, allowing both commercial and residential property owners to list and showcase their spaces to the community. Founded in Tel Aviv, Israel, by female architects, Lihi Gerstner and Adi Biran, along with CTO, Lior Ash, Splacer aims to redefine the way we think about the design, ownership, and utility of urban spaces.

     “We envision a sustainable world where spaces never go to waste,” said Adi Biran, co-founder and CEO of Splacer. “We believe people should better utilize and share spaces, especially in a wonderfully diverse city like New York. Spaces with great design possess the power to inspire new experiences and we’re excited to launch our platform for the local community to discover and access these special properties.”

     

     Splacer connects owners of one-of-a-kind spaces with people looking to create all kinds of event experiences including social gatherings, workshops, photoshoots, exhibitions, pop-ups, off-sites, and more. Unlike other event space marketplaces, Splacer features both commercial and private spaces that  are not necessarily designated for events. These spaces can range from local galleries and art studios to apartment lofts, urban gardens, and industrial warehouses.

     

     “Splacer is enabling people to create events in the most unconventional locations. The idea that spaces are dynamic is an interesting one, and we certainly believe in Splacer’s community-focused approach,” said Daniel Cohen, General Partner at Carmel Ventures. “The sharing economy has redefined how we work and travel; it’s about time the event industry embraced this new model.”

     

     With the goal of filling inspiring spaces with creative events, Splacer gives owners an opportunity to earn extra income when their spaces are not in use. Furthermore, event hosts will now have access to unique spaces that were previously unavailable, by the hour or day, and can browse listings by the type of activity, location, size, vibe, price, and user reviews.

     

     To ensure only the best venues are listed on the platform, Splacer screens every listing using local scouts and affiliates along with real estate brokers, interior designers, and photographers. Splacer is a place to find for more than just spaces. Users can search for creative production services and concierge services on the platform, making Splacer a one-stop marketplace for all event-related needs.

     

     About Splacer

     

    Splacer was co-founded by Adi Biran, Lihi Gerstner and Lior Ash with a vision of redefining ownership and the way commercial and residential spaces are utilized in big cities. Lihi and Adi, who are Columbia University architecture graduates, have long been passionate about developing sustainable cities that are rich with design and built upon the philosophies of sharing and co-ownership. The team launched Splacer in the fall of 2014 as an online marketplace for people to list, discover, and book short-term event spaces.

     About Carmel Ventures

     

    Founded in 2000, Carmel Ventures manages more than $800M across four funds. As Israel’s top tier VC firm, they 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.

     For more information visit http://www.viola-group.com/carmelventures

     

     Media Contact

     

    Chi Zhao

    chi@hokkupr.com

    646 578 5254

     

  • 30 Jun 2015

    ironSource Launches ‘Ruby Run’ from Upopa, its In-House Game Studio

    Ruby Run Enables Automatic Social Playing With Innovative New Feature

    ironSource, the world’s leading app discovery platform, announced today the launch of Ruby Run: Eye God’s Revenge, the latest game from their in-house mobile game studio, Upopa. The addictive game is the second game to be released by Upopa since they were acquired by ironSource in September 2014. Ruby Run includes a unique new social feature which allows players to earn virtual currency when their Facebook friends join the game, without needing to send them bothersome invites to play.

    “Ruby Run takes our signature style in a new direction to deliver a lighter game experience,” said Niv Touboul, Head of the game studio at ironSource. “We knew we wanted the game to have a strong social component, but we also didn’t want users to worry about spamming their friends with unwanted invites. With our new social feature, players can compete against Facebook friends, and automatically receive in-game currency when their friends start to play – without ever having to invite them.”

    Ruby Run is fast-paced, obstacle-filled action game users can easily enjoy with friends. Players inhabit a world ruled by the Eye God, who is bent on revenge for the theft of his sacred ruby. They must overcome obstacles to collect more gems, build up their gun inventory and charge their way to survival. As a result of the innovative social feature, Upopa has seen a rise in the percentage of users logging into Facebook while they play, even compared to other, very popular games from the studio without the feature, such as Hopeless The Dark Cave.

    ironSource has developed a comprehensive platform to help connect people and apps across every platform and device. The company acquired the Upopa Studio in 2014 as part of the company’s effort to develop innovative B2C products within their larger B2B offering. This helps ironSource preserve their knack for disruptive innovation even as the company continues to grow and expand. ironSource places a strategic emphasis on growing their mobile offering, and today, ironSource reaches about 220M unique mobile users a month.

    “Gaming has always been a critically important vertical for us at ironSource, and getting Upopa on board was not only about bringing in amazingly talented game developers, but also about helping us stay constantly in tune with the needs of our game developer clients,” said Tomer Bar Zeev, CEO and Co-Founder of ironSource. “With each successive mobile game the team releases, we gain an even better understanding of what app developers need in order to turn their great products into scalable businesses.”

    About ironSource  

    ironSource is a global technology powerhouse offering a comprehensive, data-driven app discovery platform to best connect people with relevant apps. Powering over 7M successful installs a day across all major geos, devices and platforms, ironSource leverages advanced segmentation and targeting algorithms to provide the right content to the right people at the right time. Founded in 2010 with headquarters in Tel Aviv, ironSource has offices in San Francisco, New York and Beijing. http://www.ironsrc.com

  • 25 Jun 2015

    Redis Labs Closes $15 Million in Series B Funding to Expand Reach to Large Enterprises

    Latest funding round will be used to meet tremendous enterprise demand for high-performance database use cases

     MOUNTAIN VIEW, CALIF. -- June. 25, 2015 -- Redis Labs announced today that it secured $15 million in Series B funding led by Bain Capital Ventures and Carmel Ventures, with participation from Silicon Valley Bank. This new round of funding comes in the wake of the company’s tremendous success with Redis Cloud, a service that has seen 116 percent growth in new paying customers over the last year. Many of the world’s fastest growing and new economy enterprises, including Hotel Tonight, Bleacher Report and Docker, are among the company’s 4,900 paying customers.

    Redis Labs has now raised a total of $28 million in funding to date and this new round will primarily be used to market and sell the company’s hybrid database offering, which is popular for use cases such as real-time analytics, fast transactions and caching. The company provides a fully-managed cloud service called Redis Cloud and downloadable enterprise software called Redis Labs Enterprise Cluster (RLEC). Cutting-edge enterprises under increasing pressure to deliver high-performance applications turn to Redis Labs’ cloud or on-premises deployments to achieve blazing fast performance, high availability and seamless scalability.

     “Anyone who cares about application performance knows about Redis and its place among the fastest growing databases today,” said Ofer Bengal, CEO and co-founder of Redis Labs. “As a NoSQL database leader, we will use this latest infusion of funds to serve the high throughput and scalability needs of the modern enterprise world.”

     “DRAM is the new disk. Redis is unique among NoSQL databases in that it is an in-memory NoSQL database which runs 1,000 times faster than disk databases,” said Salil Deshpande, managing director at Bain Capital Ventures in his blog. “Redis Labs’ strategic investments in Redis on Flash makes this outstanding performance possible at up to 70 percent lower costs.”

     “We invested in Redis Labs in 2013 when we saw the emergence of several indicators of success: the maturation of NoSQL, the massive adoption of open source Redis, its exceptional, unchallenged performance, and Redis Labs’ unique intellectual property to broaden Redis into a general purpose database,” said Ronen Nir, general partner at Carmel Ventures. “We still feel that Redis Labs will be a leader not only in NoSQL databases, but in databases overall. Redis Labs has succeeded in harnessing the tremendous developer adoption of open source Redis, and the company’s strategic direction, technology and passion for customer success will take it far.”

    The company has made several announcements that demonstrate its dominant position in the enterprise NoSQL database space, including the results of a recent independent performance benchmark, which found that Redis Labs achieved more than double the throughput and half the latency of the closest NoSQL database solution.

    About Redis Labs- redislabs.com @redislabsinc

    Redis Labs , the commercial Redis provider, powers cutting edge applications with blazing fast enterprise-class Redis. ItsRedis Labs Enterprise Cluster andRedis Cloud solutions are trusted by thousands of developer and enterprise customers for high performance, infinite scalability, true high availability and best-in-class expertise. These solutions enhance popular Redis use cases such as real-time analytics, fast high-volume transactions, in-app social functionality, application job management and caching.

      Redis Labs is a leading commercial contributor to Redis, anopen-source, in-memory NoSQL database, benchmarked as the fastest database available today. Redis is ranked amongst the top three NoSQL databases by DB-engines, and was the twelfth most popular developer service in 2014, according to Stackshare.

      ###

    Media Contact:

    Cameron Peron
    Redis Labs

     415-930-9666

    cameron@redislabs.com

    Nolan Necoechea
    LEWIS PR for Redis Labs
    415-432-2452
    nolann@lewispr.com

      

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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 $50M in annual revenues, including: Outbrain, ironSource, Payoneer, and more.

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