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PayEm Raises $220M in Equity and Credit Financing

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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MeToo? Israeli start-up that covered up sexual harassment raised $70m


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Dec. 14, 2020
Ronni Zehavi, founder and CEO of the high-tech start-up Hibob, can breathe a sigh of relief following a sexual harassment scandal reported by TheMarker in January. It’s still business as usual at the firm and the money keeps pouring in.
On Thursday, the media reported that Hibob had finished raising the enormous sum of $70 million, led by two new investors. One was Israel Growth Partners, whose founders are Haim Shani, a former Finance Ministry director general, and Moshe Lichtman, who formerly headed Microsoft’s research and development center in Israel (though the investment itself was led by Assaf Harel). The other new investor was the Australian company SEEK, led by Andrew Bassat. ....

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