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Invest in Israel Newsletter March 2011 Edition

VC Cafe

Provigent, which was founded in 2000, raised $55 million from international and Israeli venture capital firms. It will focus on developing storage technologies and cloud computing solutions, which will be embedded in Dell products worldwide. Dell’s Israeli R&D center is the first of its kind in Israel.

Java 79
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How to bootstrap a Startup with less than $10k

www.thestartup.eu

Developers are in Argentina, Ukraine and Russia. Hosting: pay-as-you-go cloud servers, mostly free in the beginning. Let’s break down their costs: Logo design: a simple contest on 99designs with a $300 prize. 114 submissions and a professional logo in less than a week. Total cost: $5000. Two months of work and $2500.