• 20 Feb 2017

    Additional $20M in Funding Secured by Vatbox, a Leader in Automated Vat Recovery and Tax Management
    February 20, 2017 - VATBox, a recognized leader in global VAT recovery, today announced the successful completion of a $20 million financing round. The investment by Target Global Fund – with the participation of existing investors Viola Private Equity and other private investors – brings the total equity raised since founding to $50 million. The financing will accelerate VATBox’s international expansion and the rollout of its innovative VAT solutions. 

    VATBox was founded in 2013 by CEO Isaac Saft and his partner Noam Guzman, both experienced entrepreneurs with broad experience in the global software market. Together with a team of more than 100 employees, VATBox has successfully streamlined the global VAT recovery process, providing businesses with unrivaled visibility, compliance and data integrity. Leveraging the cloud and utilizing full automation, VATBox provides complete control of a company’s VAT spend, while making the recovery process more productive and yielding higher returns. VATBox serves hundreds of multi-national corporations and Fortune 500 companies around the world, including Eli Lily, Danone, 3M, Nike, Dell, Amazon, and many others.

    Indirect taxation is a large market that suffers from limited solutions and few innovations. VATBox has succeeded where many successful companies have failed, thanks to unique technology that optimizes the VAT return process and ensures global regulatory compliance, giving businesses full control over their tax spend and recovery. Over the past several years, the FinTech company has earned wide coverage and recognition from many organizations, including ‒ MasterCard, Citi Bank, Red Herring, Finovate London and others.

    Commenting on the announcement, Shmuel Chafets, Partner at Target Global said, “Prior to the era of VATBox, companies were forced to forgo substantial VAT returns and were at risk for non-compliance. VATBox’s impressive client list is proof of the company’s achievements in less than tree years of sales. Apart from the immediate value inherent in the automation of VAT refunds, the company is positioned strategically to deal with the increasing complexity of international taxation. Investment in VATBox is in line with Target Global's strategy to invest in companies with the potential to become market leaders. We believe that within a few years VATBox’s services will become an integral part of the financial infrastructure for every international company.”


    Isaac Saft, VATBox CEO, added “This round of financing marks the completion of a challenging and exciting year full of achievements. We are proud of our list of new customers, in the financial returns they earned, and of course in the quality of the products and the added value that we supplied. We feel very fortunate for the opportunity to be active in such an immense market at the right time, providing innovation in the area of tax. We are very excited about the cooperation with Target Global and thank the existing stockholders for their continued support in the company.”

  • 26 Jan 2017

    Matomy’s MobFox Expands Global Offering in APAC, Strengthening Localization for Mobile Publishers and Developers
    MobFox Mobile Advertising Platform Launches New Servers in Asia, Establishing Local-to-Local Flow, Increasing APAC Reach

    January 26, 2017; 11:06 AM


    Tel Aviv, ISRAEL (PRWEB) January 26, 2017 - Global media company Matomy (LSE: MTMY, TASE: MTMY.TA), announced today the launch of MobFox’s new endpoint in Asia—marking the latest step in the Company’s strategic expansion into the Asian-Pacific (APAC) market by providing a complete solution for local developers. By enabling MobFox’s platform to connect directly to APAC-based demand-side platforms (DSPs), the Company will create a local-to-local flow, ensuring a faster and more seamless experience for publishers and advertisers across the region.

    Along with the new endpoint server, MobFox has tripled the number of demand sources within the APAC region, thus significantly increasing the impact for local developers. To ensure top service, MobFox is growing its team of professionals so developers have access to support in their local language. This furthers the Company’s long-term strategy to expand their global footprint by offering a truly global supply-side platform (SSP).

    “By the end of 2016, nearly a quarter of the APAC region’s total media spend was devoted to mobile advertising, higher than any other region in the world,” said Kumaran Sambandam, VP of MobFox Exchange. “Furthermore, by 2019 programmatic penetration is set to hit 35 percent in that region. In response to this, we are expanding our infrastructure in APAC so that local developers can benefit from all available ad formats on our SSP including display, native and video.”

    MobFox is a top international mobile advertising platform working with over 175 DSPs and 40,000-plus registered publishers, as well as leading mobile advertising companies. MobFox has a proven track record of providing clients and media partners with access to innovative programmatic advertising solutions, including a supply-side platform (SSP) and mobile exchange. MobFox was acquired by Matomy Media Group in 2014, and in 2016, the Company opened offices in Beijing, China and Seoul, South Korea in order to bring its worldwide solutions and resources to the APAC region.

    “Matomy is a mobile-first media company and Asia is a mobile-first region. We are dedicated to providing the highest quality mobile media services to APAC customers looking to advertise and monetize in their own rapidly growing region,” said Ofer Druker, CEO of Matomy. “The new MobFox endpoint in Asia was the next natural step following our strategic expansion into the region, and will empower local mobile developers with both global and local distribution and monetization of their apps.”

    Meet the MobFox team at Mobile World Congress (MWC) in Barcelona, February 27-March 2, 2017, Hall 8.1, Booth G11.

    ###

    About MobFox:

    MobFox is a leading data-driven mobile supply side platform and exchange, enabling app developers to manage their media smarter, and generate more revenue with high CPMs and fill rates from diversified and global demand sources. MobFox is connected to 175+ DSPs and is used by over 40,000 iOS and Android apps. The platform offers comprehensive support for multiple advertising formats including banner, interstitial, video and native. Founded in 2010, the company has offices in London, San Francisco and Vienna. In 2014, Matomy Media Group acquired MobFox. For more information, see http://www.mobfox.com.

    About Matomy:

    Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) is a world-leading media company with smarter marketing technology and a personalized approach to advertising. By providing customized performance and programmatic solutions supported by internal media capabilities, big data analytics, and optimization technology, Matomy empowers advertising and media partners to meet their evolving growth-driven goals. Matomy’s programmatic platforms include MobFox for mobile, Optimatic for video, and the mobile, self-serve demand-side platform myDSP. Matomy’s holistic mobile advertising agency, mtmy, is fueled by an in-house Data Management Platform (DMP), and offers a fully-managed service across channels including social, search, video and email. Founded in 2007 with headquarters in Tel Aviv and 11 offices around the world, Matomy is dual-listed on the London and Tel Aviv Stock Exchanges. Learn more about Matomy at http://www.matomy.com

  • 29 Nov 2016

    3i backed Q Holding to acquire Degania Silicone
    November 28th 2016-  Q Holding announced today that it has entered into an agreement to purchase Degania Silicone Ltd. (“Degania”), a leading international manufacturer of medical catheters. Q Holding is acquiring Degania from Viola Private Equity, Kibbutz Degania Bet and Israel Growth Investors.
    Degania represents a transformative acquisition for Q Holding, creating a market-leading medical device and component manufacturer offering complete flexible technology solutions for healthcare applications. With over $85m in revenue the acquisition more than doubles Q Holding's medical sales. Degania produces critical end products that are used on a daily basis in healthcare settings in applications such as cardiology, general surgery and drug delivery. Degania employs c. 1,700 globally and has R&D and manufacturing facilities in Israel, India, France and Slovakia.
    Degania goes to market through three brands: Degania, a premier developer and manufacturer of medical catheters for global medical device OEMs; Arthesys, a cardiovascular and peripheral vascular catheter designer and manufacturer specializing in catheters for stent delivery; and Biometrix, a manufacturer and provider of catheter-related kits for hospitals and health care distributors. Across these segments Degania partners with a wide base of global medical device OEM customers that are market leaders in their respective product categories.
    Together, Q Holding and Degania will offer an unprecedented suite of development and manufacturing services, material technologies, analytical tools and industry expertise. The combined business will also offer complete product lifecycle management with assembly, packaging and 510K management for customers’ outsourcing needs with a network of operations that can bring the supply chain close to the consumption point.
    In November 2014, 3i invested in Q Holding, an Ohio-based manufacturer of highly-engineered, precision-moulded elastomeric components used in a broad range of healthcare and electrical management applications. With over 1,300 employees, the company has design and manufacturing locations in the US, China, the UK and Mexico, and sells products in over 50 countries. Since 3i’s investment, Q has acquired Silicone Altimex, a leading manufacturer of elastomeric tubing for the medical and biopharmaceutical markets in the UK and continental Europe. With 3i’s support, Q has continued its international expansion into Europe, Asia and Mexico, investing in manufacturing facilities and additional commercial resources in each of those regions.
    Randy Ross, Chief Executive of Q Holding, commented: “We are delighted to have reached this agreement to purchase Degania. The businesses are highly complementary and the acquisition represents a critical milestone in diversifying and internationalizing the business. It will significantly enhance the value we can deliver to our global customer base thanks to Degania’s strong R&D capabilities in Israel and France and state‐of‐the‐art facilities in Israel, France, India and Slovakia.”
    Rami Zajicek, CEO of Degania, added “We are proud of the company that our employees and investors have developed and we see joining forces with Q Holding as the natural next step for Degania to build upon this growth. The alignment of Degania, Q Holding and Qure Medical will benefit customers by providing a greater global network of development and manufacturing resources.”
    Richard Relyea, Managing Director 3i North America, commented: “3i is pleased to support Q Holding in this transformative acquisition of Degania. This combination creates a leader in precision elastomeric medical device components and assemblies and advances our goal of building the premier global supplier of engineered elastomeric products for the high growth healthcare and electrical management markets.”

     

    For further information, contact:
    3i Group plc
    Toby Bates
    Media enquiries
    Tel: +44 20 7975 3032
    Email: toby.bates@3i.com
    Imogen Harvey
    Media enquiries
    Tel: +44 20 7975 3027
    Email: imogen.harvey@3i.com

    About 3i Group
    3i is an investment company with three complementary businesses, Private Equity, Infrastructure and Debt Management, specialising in core investment markets in Northern Europe and North America. For further information, please visit: www.3i.com

     

    About Q Holding
    Q Holding Company is a leading global manufacturer of highly-engineered precision-molded elastomeric components used in a broad range of medical, pharmaceutical and electrical management applications. Q Holding is vertically integrated with in-house Quadra Tooling & Automation, enabling rapid turnaround and the largest selection of proprietary tooling capabilities in the industry. With over 1,300 employees, the company has an international footprint (five manufacturing locations in the U.S., two manufacturing facilities in China and one in the UK and Mexico), selling products in more than 50 countries. Q Holding goes to market in the life sciences as Qure Medical and in electrical management as Quality Synthetic Rubber (QSR). 

     

    About Degania
    Degania is a leading manufacturer of medical catheters serving a global base of medical device OEM customers. Degania specializes in a wide range of intravascular catheters and medical devices in the cardiovascular and vascular, thoracic and general surgery, urology, critical care and operating rooms and enteral feeding markets. Founded in 1984, the Company is headquartered in Israel and has c. 1,700 employees worldwide.
  • 15 Feb 2017

    5 Hot Topics to Look Out for at #MWC2017 by @ironSource See you in Barcelona! https://t.co/4pXHk97VKf
  • 15 Feb 2017

    RT @ironSource: Mobile gaming generated more revenue than the global movie box office in 2016 #mobilegames #gamedev https://t.co/xc1jGpqH8w
  • 14 Feb 2017

    RT @MatomyGroup: 5 Ways to Show #Mobile #App Users You Love Them This #ValentinesDay! by @marrsipan https://t.co/y1vbvXQTpC via @B2Community

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About

Viola Growth is an Israeli-based technology growth capital fund, focusing on investing in global companies at expansion phase.

Founded in 2008, Viola Growth provides an opportunity for growth stage companies to raise the capital they need to develop and expand. Viola Growth focuses on value creation in its portfolio companies and utilizes its strong management team to accelerate the growth of these companies. By providing direct capital investment, combined with strong leadership support, it propels portfolio companies forward, turning recognized companies into global technology leaders. The Viola Growth team has vast experience in working with management teams to build organic and non-organic growth plans, scale operations, strengthen management teams and aim to create business partnerships with global leaders. Our team searches for established companies that have strong product differentiation, a potential for leadership, a technological advantage and top-tier management teams. Viola Growth provides substantial equity commitment along with strong leadership to accompany its implementation. The general partners of the fund have led exits both through public offerings on NASDAQ and through significant M&A transactions in the US and Europe. Members of our team are proactively involved in each of our portfolio companies. We have guided many companies to global financial success. We work with our companies to formulate strategy in order to achieve superior returns. Above all, we believe in a culture of transparency, integrity and hard work, both within our fund and within our portfolio companies.

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Archive

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  • 2013 (6)
  • 2012 (1)
  • 2011 (3)
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  • 2009 (2)

Latest News

    • Zend and Microsoft Announce Strategic Partnership for Microsoft Azure

      Focus on Accelerating Developer Cloud Adoption for WordPress, Drupal and PHP Applications 
    • Zend Announces the Future of PHP Frameworks: Zend Framework 3

      New Next-Generation PHP-based Application Framework for Web and Mobile Applications Unveiled
    • Matomy Media Group Reports 2014 Full-Year Financial Results

      Strong operational and financial performance — poised for further growth
    • 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

       

    • RRSAT Reports Record Revenues of $32.5 Million For the fourth quarter 2013 ; up 10.5% year-over-year

      Record Full-Year Revenues of $121.8 Million, Up 7.4% from Year-Ago Period;
      Record High Next 12-Month Backlog of $92 Million
    • 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

    • RRsat posts $1.1M net income in Q3 2013

       

      Nov 13, 2013 (Menafn - M2 EQUITYBITES via COMTEX) --RRsat Global Communications Network Ltd RRST, a provider of comprehensive digital content management and global content distribution services to the broadcasting industry, on Tuesday reported GAAP net income of USD1.1m, or USD0.06 per diluted share, for the third quarter of 2013, ended 30 September 2013.


    • 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

FAQ

  • #01

    Fund Size:

    Fund I – $164M
    Fund II - $275 

     

     

  • #02

    Stage of companies:

    Expansion phase
  • #03

    Areas of investment:

    New media, Software, Communications, Cleatech/Agritech, Med-Tech and Technology-Enabled Services
  • #04

    Selection Criteria:

    Technology-oriented

    Scalable management team
    Existing business model with a path to profitability

  • #05

    What else we look for:

    Israeli related companies
    Operating in global markets
    Looking for an unfair advantage in accelerating their growth globally

Contact

Viola Growth
12 Abba Eban Avenue
Ackerstein Towers Bldg. D
Herzeliya 47625 Israel
Tel: +972-9-9720500
Fax: +972-9-9720515
Email: info@violagrowth.com

 

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