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EMK Capital to Acquire Cardo Systems from Fortissimo Capital and Founder Dr. Abraham Glezerman

Press release content from Business Wire. The AP news staff was not involved in its creation.
EMK Capital to Acquire Cardo Systems from Fortissimo Capital and Founder Dr. Abraham Glezerman
April 6, 2021 GMT
TEL AVIV, Israel (BUSINESS WIRE) Apr 6, 2021
Cardo Systems (“Cardo”, the “Company”), the industry pioneer and global market leader in wireless communication systems for groups and individuals in motion, today announced that EMK Capital has acquired Cardo Systems from Fortissimo Capital and Dr. Abraham Glezerman, its Founder and Chairman. Financial details of the transaction were not disclosed.
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Cardo designs and markets wireless mesh communication systems for motorcycle riders, skiers, site workers, and other groups and individuals in motion. The Company’s innovative products backed by proprietary, cutting-edge technology allows groups to communicate wirelessly with one another and connect safely to hands-free services (e.g. mobil ....

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Incredibuild Announces $140M in Funding as Cloud Transformation Turbocharges Software Development Cycles

Incredibuild Announces $140M in Funding as Cloud Transformation Turbocharges Software Development Cycles
- Investment by Insight Partners follows a year of increased product development and 55% growth in revenue
- Incredibuild solves the time to market challenge for customers including Microsoft, Amazon, Citibank, Adobe, Disney, Intel, Samsung, EPIC Games, and Nintendo
TEL AVIV, Israel, March 17, 2021 /PRNewswire/
Incredibuild, the software development acceleration platform, today announced a $140 million investment from ScaleUp investor Insight Partners. The investment, which includes both primary and secondary components, will help expand Incredibuild s US operations to meet the rapidly growing demand for its software development acceleration technology. The company, which has been profitable from day one, experienced a 55% increase in revenue in the past year as businesses seek the ability to build and ship software versions faster without compromising on qua ....

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Israel's Incredibuild raises $140 million in Insight-led funding round

By Reuters Staff
2 Min Read
JERUSALEM (Reuters) - Israel’s Incredibuild, which helps companies speed up their software development process, said on Wednesday it had raised $140 million in a private funding round led by U.S. venture capital and private equity firm Insight Partners.
The financing will help expand Incredibuild’s U.S. operations to meet rapidly growing demand for its software development acceleration technology, the company said.
Founded in 2000, Incredibuild says its technology can cut time to market and reduce compute costs by up to 30%. The company posted a 55% increase in revenue over the past year as businesses sought to build and ship software upgrades more rapidly. ....

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Israel's Incredibuild raises $140 million in Insight-led funding round | WTVB | 1590 AM · 95.5 FM

Coldwater, MI, USA / WTVB | 1590 AM · 95.5 FM | The Voice of Branch County
Mar 17, 2021 9:53 AM
JERUSALEM (Reuters) - Israel s Incredibuild, which helps companies speed up their software development process, said on Wednesday it had raised $140 million in a private funding round led by U.S. venture capital and private equity firm Insight Partners.
The financing will help expand Incredibuild s U.S. operations to meet rapidly growing demand for its software development acceleration technology, the company said.
Founded in 2000, Incredibuild says its technology can cut time to market and reduce compute costs by up to 30%. The company posted a 55% increase in revenue over the past year as businesses sought to build and ship software upgrades more rapidly. ....

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BLEND Raises $10M to Fuel Global Growth with AI-Powered End-to-End Localization Services

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TEL AVIV, Israel and LOS ANGELES, March 3, 2021 /PRNewswire/
BLEND(formerly OneHourTranslation), an end-to-end technology-based multi-market enabler, announced the completion of a $10 million funding round to fuel its continued rapid growth. Existing investor Fortissimo Capital led the round following a year of strategic expansion reflected in the company s new brand and offering. BLEND leverages OneHourTranslation s AI-driven language technology, 25,000 expert linguists, and advanced tech stack to help global brands establish a native presence in fundamentally different markets, worldwide.
BLEND helps brands localize their business offerings based on a unique understanding of local context, culture, and consumer behavior. The company provides customers with a comprehensive platform, offering localization services such as content translation and transformation, global marketing, regulatory services, and more. The company will continue to operate ....

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