SoftWatch Ltd.

www.softwatch.com

High-Tech Company

Acquired by Ewave MD

TECH VERTICALS

Digital Health, Healthcare IT, Healthtech, Life Sciences, MedTech

General Data

Sector	Digital Health
Company Stage:	Initial Revenues
Established	1994
Number of Employees	10
Reg. Number:	abCDe

DESCRIPTION

SoftWatch provided Internet Customer Relationship Management solutions to pharmaceutical companies and healthcare vendors. SoftWatch's solutions enabled the creation of highly effective marketing and support programs over the Internet. The systems enabled customers to create and manage lasting, high-value relationships with their customers and leverage this relationship to increase sales, improve brand awareness and collect ongoing market data.

SoftWatch's product, called SoftWatch Relationship Server (SRS), helped customers build and maintain dynamic, highly interactive and personalized web sites that manage the healthcare customer relationship throughout the customer lifecycle. SRS has been specifically designed to address the requirements of marketing and supporting pharmaceutical and healthcare products to consumers. The server utilized leading edge Internet technology to provide unique capabilities for self-care management, secure messaging, patient surveys, community tools, and content management.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Health and Pharmaceutical Companies.

	BUSINESS MODEL
	B2B

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
EA867D61-F0D4-E711-80DD-00155D0B832C		IM Cannabis Corp. (IMC)
	Subsidiary	eWave Group Ltd.	IM Cannabis Corp. (IMC)
	Group	eWave Ltd.	eWave Group Ltd.
1A828DCC-1F7A-E111-AC59-00155D32A403	Group	Wendimu Ltd.	eWave Group Ltd.	Acquired/Merged
327518EC-7B8C-E111-AD2F-00155D32A403	Group	Commbox Communication & Automation Ltd.	eWave Group Ltd.
86D11E2C-207A-E111-AC59-00155D32A403	Group	Ewave MD Ltd.	eWave Group Ltd.
54C86FE4-1F7A-E111-AC59-00155D32A403	Subsidiary	SoftWatch Ltd.	Ewave MD Ltd.	Acquired/Merged

REMARKS

Date	Remark
01/08/2009	eWave acquired OptimizeIT from BOS (the initial buyer of the company) for $0.07m and operates it now as SoftWatch.
01/05/2003	SoftWatch fired all of its employees in Israel and closed its local R&D center.

CONTACT INFO

Expand / Collapse All

Main Address: Tel Aviv, Israel

Address	20 Lincoln St., Rubinstein Bldg., 7th Floor
City	Tel Aviv
Country	Israel
Zip	67134

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: New York, United States

Address	475 Park Ave. South, 31st Fl.
City	New York
State/Province	NY
Country	United States
Zip	10016

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Asaf Evenhaim	Co-Founder	Veeva Israel R&D (CEO)
Dr. Amir Kishon	CEO & Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	Venture Partner, ABS Capital Partners
abC Defghij	Board Member	Managing Director, Bedrock Capital Partners

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Jul. 07, 2004

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Third Round

May. 16, 2000

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Holds 10% of the company
abC Defghij	Private Equity Fund	abCDe	Held 8.5% of the company
abC Defghij	Private Equity Fund	abCDe	Holds 8.5% of the company; Investment preformed by a Mutual Fund then owned by Warburg Pincus
abC Defghij	Investment Company	abCDe
abC Defghij	Other	abCDe	Holds 1.3% of the company

Second Round

Aug. 01, 1999

Initial Revenues

abCDe

First Round

Sep. 01, 1996

R&D

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	R&D grant ($2.5m)

	PORTFOLIO COMPANIES

Current Portfolio Companies (1)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Apa

Apa Wellness is a health-tech startup innovating at the intersection of aquatic fitness, rehabilitation, and smart technology. The company has developed the Water-Native™ multi-training system, described as the world’s first modular aquatic training platform that transforms any pool into an intelligent training and rehab environment. Their system combines buoyancy-based resistance modules, smart sensors, AI-driven guidance, real-time feedback, and a personalized app experience.

HW & Indust.

Seed - Extended

05/07/2022

N/A

Last Updated:	abCDe
IVC Number:	abCDe