Octopus and Singulariteam

Featured Innovator :: Octopus

Octopus has developed the security industry's only cloud-based security management system and mobile application that makes it possible to detect, prevent, and neutralize physical and cyber attacks against enterprises. The Octopus system integrates technology, procedures, and personnel into one command and control center, streamlining all security operations onto one screen.

Octopus founding partners are Tal Bar Or (CEO) and Baruch Tagori (CTO). Both have extensive experience in the security field in both the private and public sectors.

The company has raised a total of $7.75 million in two rounds since 2013.

Round 1:
Amount - $2.5m
Investor - Singulariteam (Israel; backed by Chinese companies Renren and Tencent)

Round 2:
Amount: $5.25m
Investor: AWZ Homeland Security (Canada)

Sources: Octupus, Globes

Featured Investor :: Singulariteam

Formerly known as Genesis Angels, Singulariteam is an angel investor providing capital and support to its portfolio companies and is managed by entrepreneurs and investors Moshe Hogeg and Kenges Rakishev.

Singulariteam has invested in 37 companies (listed below) via two funds:

Singulariteam I
Amount: $100m
Backers: Managing Partner Kenges Rakishev and another unnamed investor

Singulariteam II
Amount: $102m
Backers: Chinese companies Renren and Tencent

Singulariteam's investments are making returns. For example, within one month in 2017:

  • GeneSort was acquired by AID Partners (Hong Kong) for $23m
  • Juno was acquired by Gett for $200m
  • Mobli sold a patent to Snapchat for $7.7m

Singulariteam's portfolio includes:

  • Invest.com
  • Storedot
  • Sirin Labs
  • GetStocks
  • Infinity Augmented Reality
  • Mobli
  • Yo
  • Webydo
  • GeneSort
  • MoonActive
  • Effective Space
  • Beyond Verbal
  • Octopus
  • Hop
  • IntelAgent
  • General Robotics
  • Brisk
  • Topical
  • Sihe.com
  • Meucci
  • Xros
  • Kukupal
  • Geektime
  • Bidflyer
  • Meta
  • Menu is Us
  • Articoolo
  • Talent Tribe
  • Oliver
  • Zula
  • Heal
  • Callosum
  • Atomation
  • Juno
  • DragonEra
  • CheckOut
  • Zirra

Sources: Singulariteam, TechCrunch, Globes (1), and Globes (2)

Back to this week's features.

Leave a Reply

Your email address will not be published. Required fields are marked *