Tech Company Financing Transactions
OriginGPS Funding Round
On 11/7/2006, OriginGPS raised $900 thousand in financing from Van Leer Ventures.
Transaction Overview
Company Name
Announced On
11/7/2006
Transaction Type
Venture Equity
Amount
$900,000
Round
Undisclosed
Investors
Van Leer Ventures (Oren Gershtein)
Proceeds Purpose
Van Leer Ventures Jerusalem CEO Oren Gershtein said, "The capital we invested will help OriginGPS complete development of its GPS system on a single module in 2007, and will lead the company to its next important financing round (Round A), which will involve Israeli venture capital funds."
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
Undisclosed
Jerusalem, 91391
Israel
Jerusalem, 91391
Israel
Phone
Website
Email Address
Overview
The company is developing technology to create especially small GPS modules that could be installed in cellphones, for instance, or PDAs.
Management Team
Title
Name
Email & Social
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