Friday, 8 January 2016

Israel: Start-up nation comes of age

Vonetize, an Israeli company that offers video on demand to customers in Africa, Latin America and other emerging markets, is “not very focused on the exit”, in the words of its chief executive, Noam Josephides. The founder says he has no plan to sell the company any time soon.

Vonetize, which provides a Netflix-style premium streaming service via mobile devices and smart TV, launched in 2011 with $200,000 from an angel investor. The company in 2014 then raised $6m via small, private financing rounds, with some help from friends and family. For the full article click here



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