News

Viola Credit, Israel’s leading lending fund, granted an $11 million Euro Capped credit facility to Ebuzzing, a leading provider of Video Advertising Distribution Platforms.

Plenus, Israels leading lending fund granted a $5mm credit facility to ColorChip, a pioneer and a world leading innovator in the fields of Optical Components and Sub-Systems.

Plenus, Israels leading lending fund today granted a NIS 42mm credit facility Rav Bariach Israel's leading door manufacturer. The facility was granted partially in form of a five year loan and partially in convertiable bonds that will enale the fund to reach 11% holdings in the company.

Foris Telecom deploys wireless broadband networks in Africa. Momi Karako, General Partner at Plenus: "Foris is located in a strategic intersection of markets and geographies that are quickly developing "

Financing will enable "Kanfei Haggai" owned by Ofer Gilboa and Yarom Oren to acquire C.A.L Cargo Airlines and make additional investments in the company.

Based on Computer Generated Imagery (CGI) technologies, Animation Lab has established a feature animation studio in Jerusalem to produce animated feature films that appeal to the worldwide family audience. The company combines innovative Israeli technology, efficient production processes and world-class creative talents to produce superior quality films.

Business transaction management (BTM) software start-up OpTier Inc.has raised $63 million in its fourth financing round. $15 million of the round is in the form of a credit line from Plenus Venture Lending.

lenus Mezzanine, Israel’s leading Mezzanine fund, granted a 12 month $9.3mm Credit Line to Soda Club, the world’s largest manufacturer of home-based soda makers. Soda Club intends to use the Credit line to fund the expansion of its international activities and has the right to extend the Credit Line term by two years.

Plenus Venture Lending, Israel’s leading venture lending fund which provides credit facilities to high-tech companies, granted a $7mm credit facility to GigaSpaces Technologies, a leading provider of scale-out and cloud-based application servers for Java, .Net and C++ environments. This financing will allow the company to further expand its operations in Asia, Europe and the US to meet an unprecedented demand for its technology across all geographical areas, and a growing adoption in new, mainstream industries such as retail, travel and logistics, online commerce and marketing, online gaming, web 2.0 and social networks.

Plenus Venture Lending, Israel’s leading venture lending fund which provides credit facilities to high-tech companies, announced today that it has granted a $5mm loan to Press-sense, a market leader in business workflow automation solutions to the Print Industry. Press-sense also supplies print providers with enhanced communication lines with their customers enhancing customer loyalty and improving revenues and profitability.

Plenus, the leading Venture Lending Fund in Israel providing credit facilities to high-tech companies, granted a $2.5mm Credit Facility to RADCOM (NASDAQ/TASE: RDCM), a leading network test and service monitoring solutions provider. One of RADCOM’s prominent products, Omni-Q, offers an effective combination of signaling service quality monitoring and troubleshooting, together with advanced, in-depth media analysis.

Plenus Venture Lending Fund has granted a further $7 million credit line to WAN technologies company Expand Networks Ltd.

Plenus Mezzanine, Israel’s leading Mezzanine fund, granted a$2.5mm Credit Facility to Logia mobile, a leading global provider of innovative mobile content solutions.

Plenus, the leading Venture Lending Fund in Israel, providing credit facilities to high-tech companies, granted a $10mm Credit Facility to Flash Networks, a leading provider of mobile Internet quality-of-experience (QoE) solutions. The Mizrahi Tefahot Bank participated in providing the Credit Facility.

Plenus, the leading venture lending fund in Israel which provides credit facilities to high-tech companies, is closing its third Venture Lending fund – Plenus III. Investors in Plenus III include the vast majority of Israel’s institutional investors – banks, pension, insurance, and provident funds. Prestigious US and European institutions are among Plenus III investors as well. Initially, as previously published, Plenus planned to raise a $100mm fund, but due to strong positive response, resulting in aggregate demand for nearly double the target amount, Plenus has decided to expand its target fund size up to $120mm. To date, Plenus has closed $112mm, and is currently in the final contractual process with two institutional investors. Final closing of the fund is expected in a month.

Plenus, the leading Venture Lending Fund in Israel, which provides credit facilities to high-tech companies, led a $3mm Credit Facility Round to AxisMobile. .

Israeli start-up EZchip Technologies has secured a credit line of $4 million from Plenus Venture Lending Fund. The credit line may be increased to $6 million upon achievement of certain undisclosed operational milestones. In 2003 Plenus granted EZchip a credit line of $3 million, of which the company drew down $1.5 million. This credit line was closed in 2004, and EZchip has no other loans apart from the one it announced today.

Provigent Ltd. today announced that it has completed a $5 million financing round. The financing will enable Provigent to expand its customer base and speed up it product development.

Plenus Venture Lending has raised $56 million for its Plenus II fund, which it will use to provide credit lines to mid- to late-stage technology companies.