Skip to content
europatentbox

europatentbox

The Profession

Primary Menu europatentbox

europatentbox

  • Business & Finance
  • Business News
  • eCommerce
  • Business Education
  • Finance
  • Marketing
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Business News

Clearhaven Partners buys Israeli co SundaySky

Amy B. Taylor July 12, 2022

[ad_1]

&#13

Israeli personalized online video system enterprise SundaySky has declared that it has sold control in the company to US non-public equity firm Clearhaven Partners. At the exact time SundaySky has introduced that it is laying off 13% of its workforce totaling 24 workers in Israel, the US and Japan.

&#13

SundaySky’s announcement is slender on aspects but says that Clearhaven Partners will spend more than $100 million in the organization with some of the funds going to existing shareholders to obtain a stake of a lot more than 50% and some into the company’s coffers for long term investment.

&#13
&#13
&#13
&#13

&#13

Associated Posts

&#13
&#13
&#13

&#13
Shmulik Weller and Yaniv Axen Photo: PR&#13

Israeli customized video clip co SundaySky raises $30m

&#13

&#13
&#13

&#13

Movie co Idomoo raises NIS 75m in TASE IPO

&#13

&#13
&#13

&#13
&#13
&#13
&#13

This total is much down below the $280 million valuation that SundaySky prepared at the commence of the 12 months to get in a Tel Aviv Inventory Exchange IPO. The firm was reportedly presently drawing up its prospectus and hoped to increase $70-100 million.

&#13

SundaySky was founded in 2007 by president and CPO Shmulik Weller and CTO Yaniv Axen. Since 2017 the firm’s CEO has been an American – Jim Dicso. The organization has raised $75 million to day from investors like Viola Ventures, Comcast Ventures, Classic and NTT Docomo.

&#13

SundaySky makes it possible for organizations to generate customized video clips for their clients like personalized facts of the purchaser from their identify and the use they make of goods. So an insurance policy business can make their yearly report available to all clients in a clip that includes aspects about the shopper. Likewise on the net ecommerce organizations can deliver a video clip about distinct products but working with the exact general clip – a new characteristic that SundaySky released only previous yr.

&#13

According to aspects printed at the conclusion of past year, SundasySky had once-a-year recurring revenue (ARR) of more than $40 million in 2021. The company’s business enterprise model is created about once-a-year subscriptions for its software.

&#13

One particular of SundaySky’s rivals is Israeli corporation Idomoo, which held an IPO on the TASE final calendar year at a organization valuation of NIS 344 million but has given that viewed its share price slide by 80%. Idomoo experienced income of $13.1 million in 2021.

&#13

Published by Globes, Israel organization news – en.globes.co.il – on July 11, 2022.

&#13

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

&#13
&#13

[ad_2]

Source connection

Tags: Amazon Business Login, Amazon Business Prime, Bank Of America Business Account, Best Business Schools, Business Attorney Near Me, Business Bank Account, Business Card Holder, Business Card Maker, Business Card Template, Business Cards Near Me, Business Casual Attire, Business Casual Shoes, Business Casual Woman, Business Plan Examples, Ca Business Search, Ca Sos Business Search, Capital One Business Credit Card, Chase Business Checking, Chase Business Credit Cards, Chase Business Customer Service, Chase Business Login, Chase Business Phone Number, Cheap Business Cards, Citizens Business Bank, Cox Business Login, Digital Business Card, Facebook Business Suite, Finance In Business, Free Business Cards, Google Business Login, Harvard Business School, Lands End Business, Massage Parlor Business Near Me, Michigan Business Entity Search, Mind Your Business, Mind Your Own Business, Ohio Business Search, Risky Business Costume, Skype For Business, Small Business Loan, Small Business Saturday 2021, Starting A Business, Texas Business Entity Search, Triumph Business Capital, Vending Machine Business, Verizon Business Customer Service, Vonage Business Login, Wells Fargo Business Account, Yahoo Small Business, Yahoo Small Business Login

Continue Reading

Previous Lorraine Twohill Chief Marketing Officer at Google Talks About Inclusive Advertising
Next Atlanta SEO Firm

More Stories

Email marketing ideas for this 2022 Black Friday
  • Business News

Email marketing ideas for this 2022 Black Friday

Amy B. Taylor June 8, 2023 0
41 Free & Ready-to-Publish Christmas Social Media Posts (+Canva Templates!)
  • Business News

41 Pre-Made Christmas Social Posts (+Canva Templates!)

Amy B. Taylor May 30, 2023 0
14-big-ideas
  • Business News

14 Big Ideas From the Last Year of Side Hustle Show Guests

Amy B. Taylor May 28, 2023 0
June 2023
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« May    

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • March 2020
  • February 2020
  • January 2020
  • November 2018
  • October 2018
  • December 2016

Recent Posts

  • Your free guide to marketing in a recession
  • Email marketing ideas for this 2022 Black Friday
  • Why You Should Start a Blog About Your Passion
  • 5 Great Value Proposition Examples & Why They Work
  • 10 Ways Social Media is Changing Advertising

BL

Tags

Amazon Business Login Amazon Business Prime Att Business Login Bank Of America Business Account Best Business Schools Business Business Attorney Near Me Business Bank Account Business Card Holder Business Card Maker Business Cards Near Me Business Card Template Business Casual Attire Business Casual Shoes Business Casual Woman Business Plan Examples Ca Business Search Capital One Business Credit Card Ca Sos Business Search Chase Business Checking Chase Business Credit Cards Chase Business Customer Service Chase Business Login Chase Business Phone Number Cheap Business Cards Citizens Business Bank Cox Business Login Digital Business Card Facebook Business Suite Finance In Business Free Business Cards Google Business Login Harvard Business School Lands End Business Massage Parlor Business Near Me Michigan Business Entity Search Mind Your Business Mind Your Own Business Ohio Business Search Risky Business Costume Skype For Business Small Business Loan Small Business Saturday 2021 Starting A Business Texas Business Entity Search

Related Article

Your free guide to marketing in a recession
  • General

Your free guide to marketing in a recession

Amy B. Taylor June 9, 2023 0
Email marketing ideas for this 2022 Black Friday
  • Business News

Email marketing ideas for this 2022 Black Friday

Amy B. Taylor June 8, 2023 0
Twitter
  • eCommerce

Why You Should Start a Blog About Your Passion

Amy B. Taylor June 6, 2023 0
5 Great Value Proposition Examples & Why They Work
  • Education

5 Great Value Proposition Examples & Why They Work

Amy B. Taylor June 5, 2023 0
10 Ways Social Media is Changing Advertising
  • Business & Finance

10 Ways Social Media is Changing Advertising

Amy B. Taylor June 4, 2023 0
europatentbox.com | CoverNews by AF themes.

WhatsApp us