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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

MARCH 20, 2011

These two deals are significant, and suggest that Facebook didn’t just buy an app - Snaptu is a mobile platform and a distribution channel for emerging markets with low smartphone penetration, where the users use their mobile phones as their main access device to the Internet.

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Sri Lanka Dominican Republic Saudi Arabia 94
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How Israel and the Arab World Connect Through Technology

David Teten

NOVEMBER 30, 2020

Phoenix Capital , a tie-up between OurCrowd and Abdullah Al Naboodah’s business development unit. Phoenix will act as a platform to channel Gulf investment into OurCrowd’s 220 portfolio companies, building on the pent-up demand in the UAE for opportunities in the thriving Israeli start-up scene. Takwin Labs. Very Quietly.

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UAE United Arab Emirates Technology 60
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