Sponsored by:
   Highlights of the Israeli High-Tech, Private Equity & Venture Capital Industry           09/02/2010  


IVC-Online Database
IVC’s Online database is a comprehensive resource on Israel’s high-tech industry
The IVC-Online database includes over 6,500 Israeli high-tech companies, private equity & venture capital funds, investment companies, professional service providers, foreign investors and technological incubators.


To receive a FREE TRIAL membership to our online database, subscribe now.
IVC Social Network

Join the IVC Network on LinkedIn

Become an IVC fan on Facebook
Upcoming Events
February 8-9, 2010
The 12th Annual BIO CEO & Investor Conference
February 8-11, 2010
Super Return International 2010
February 9, 2010
Israeli Innnovation and Collaboration between Texas & Israel business
February 9-10, 2010
GIL 2010: Israel


Correlsense raising $2m bridge loan
Published by: Globes
www.globes.co.il
Shmulik Shelah
12/05/2009

ProSeed, Vertex, and eXeed, owned by Correlsense chairman Sam Somech, are extending the loan.

Automated infrastructure monitoring systems developer CorrelSense Ltd. Is raising a $2 million bridge loan from its current investors, ProSeed Venture Capital Fund (TASE:PRSD), eXeed Technology Ltd., and Vertex Venture Capital. eXeed is owned by Correlsense chairman Sam Somech.
ProSeed notified the Tel Aviv Stock Exchange (TASE) that it will invest $250,000 in Correlsense. The loan will bear 8% interest, and can be converted into Correlsense shares at the company's next financing round. ProSeed owns 11% of the company.





Close Window


Previous article   Next article

Articles & information compiled and edited by Marianna Shapira
The most complete volume of Israel’s high-tech & venture capital industry. The yearbook includes data on Israeli technology companies, VC investors and more.

Contact
| Tell a Friend | Privacy Policy | Feedback | FAQ
All right reserved IVC Online Research Center 1997 - 2010 (c) | Powered by ERG Solutions