Israel-based Mobile Food ordering App Tapingo Raises $22 million in Series C Round
Israel-based mobile food ordering app, Tapingo has raised $22 million in series C round led by Qualcomm Ventures. DCM Ventures, Kinzon Capital, and existing investors Khosla Ventures and Carmel Ventures also participated in the round. This brings the total capital raised by the three-year-old company to $36 million.
The new funding will be used to accelerate its expansion beyond the college market, with the goal of transforming local commerce. Tapingo lets anyone with a mobile phone browse nearby items for sale—from food to event tickets—and purchase them effortlessly.
It offers merchants a simple infrastructure for processing orders that lets them get new customers and allows existing customers to buy more of what’s important to them. The company had also launched its app for Android and iOS users.
Israel’s Moment.me Acquired by Website Builder Wix for $10 million
Website builder company, Wix has acquired Moment.me, a Israeli startup that lets users create albums aggregated from photos and videos on social media, for $10 million. As part of the deal, Wix will soon integrate social media lead generation into its offerings for small businesses.
Due to the acquisition by Wix, the following services will be discontinued starting April 30th – Moment.me personal, Moment.me for Events, Moment.me Places, Moment.me Social Feeds and Moment.me Location Based feeds. Moment.me recently moved towards building mobile websites for events as well as social media lead generation.
Wix has acquired a number of companies including OpenRest and Appixia in 2014, to improve its mobile and small business verticals. The company went public in November 2013.
Israeli data security firm Check Point Software Technologies Buys Lacoon Mobile Security For $100million
As part of the deal, the Lacoon founders and team will be integrated into Check Point’s operations. The acquisition of Lacoon will bring deployment-proven and patented advanced mobile threat prevention capabilities to the Check Point portfolio.
Lacoon was founded in 2011, it delivers real-time mobile security and intelligence to Android and iOS business users. After installing the app, users are protected from zero-day attacks, remote takeovers, takeover of apps, data theft etc. It is providing a solution to secure the entire mobile device, with the best advanced threat catch-rate for enterprise-grade mobile security platforms. So far, the company has received $11 million.