New $194 Million Israeli Fund Exemplifies Asia’s Growing Influence In The Holy Land
October 23, 2014 at 00:18 AM EDT
Israeli VC firm Carmel Ventures announced a new fund worth $194 million to support early stage tech companies. What's most interesting about this announcement is that a number of prominent Asian investors, including Baidu, Qihoo360, and Ping-An, joined this funding round.