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Video co Idomoo files to raise $40m in TASE IPO
The Israeli personalized video as a service platform aims to raise $30-40 million at a company valuation of $150 million.
Israeli personalized video as a service platform Idomoo has filed a prospectus for an Initial Public Offering (IPO) on the Tel Aviv Stock Exchange (TASE). Market sources believe that the company will try to raise $30-40 million at a company valuation of $150 million. The IPO is being led by Discount Capital Underwriters together with Orion Underwriting and Capital Market.
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Idomoo was founded in 2007 by CEO Yaron Kalish, CTO Danny Kalish and VP R&D Assaf Fogel. The company has developed a video platform on a SaaS model, which allows users to produce and distribute personalized video clips made in real time.
Israeli gaming platform co Overwolf raises $52.5m
Overwolf has built a platform that allows third party developers to create expansions and additions to PC games.
Israeli gaming platform developer Overwolf has announced the completion of a $52.5 million Series C financing round co-led by Griffin Gaming partners and Insight Partners. Also participating in the financing round were gaming giant Ubisoft, Warner Music Group, Meg Whitman, Jibe Ventures, Kevin Chou, Intel Capital, Marker Fund and Liberty Media. The financing round was at a company valuation of $200 million and brings to $75 million the total amount raised by Overwolf.
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Overwolf has built a platform that allows third party developers to create expansions and additions to PC games. These expansions can for example allow players to record the progress of their game, track their improvement trends or organize tournaments between players. Overwolf operates a store that allows purchase of these expansions for
Highlights include the following:
⢠Birthday cards to Betsy can be mailed to her care of The History Museum, 808 West Washington St., South Bend, IN 46601. The museum will deliver the cards to Betsy.
• A drive-through birthday parade for Betsy takes place at 4 p.m. Feb. 8. Participants should gather in the parking lot of Trinity Church, 61770 Miami Road. The church is south of Southfield Village, 6450 Miami Circle. Be there by 3:30. Signs and decorations will be appreciated. More information can be found at historymuseumsb.org or on the museum’s social media.
• A video of birthday greetings is being assembled by The History Museum to present to Betsy and to share on the museum’s media pages. Interested individuals can email a two-minute or shorter video of birthday wishes or picture of themselves with Betsy to jjackson@historymuseumSB.org by Monday. Check with the museum to see about submissions.