Tel Avivbased 21m Accelbrienventurebeat – The Tel Avivbased startup 21m, a high-tech firm that connects to tech giants such as Disney, Microsoft and Google through startups who seek funding and partnerships, has raised $6.2 million in its latest financing round. Following the Facebook scandals of recent times, 21m Accelbrienventurebeat is now providing unbiased content for startup investors with the unique view of Israel from abroad.
21m provides a platform for startups seeking to raise funds from foreign investors or venture capitalists by connecting them with Israeli companies on the ground. The new round of financing was led by Accel Partners and includes participation from existing investor Institutional Venture Partners, as well as two new strategic investors c.four (additional capital in c.four can lead to the company receiving a portion of c.four’s paid time off) and BBG Ventures (located in Israel).
In August 2015, 21m set up a new office in Tel Aviv. The company has thus up until now focused on strategic partnerships with both Israeli and international tech companies.
In November 2015, 21m announced that it had been selected to receive the first ever Seed + Series A round from the Jerusalem-based VC Partner fund for startups Spinnu and another funding of $5 million. In December 2015, 21m acquired the Tel Aviv-based startup of startups Finobserver. The startup connects investors to investment opportunities in the European market.
In July 2016, 21m announced that it had acquired the Brazilian startup VUP, which develops a platform for managing and monitoring operations for companies on a global level. 21m has acquired additional capital from BBG Ventures and Mor Fund Management Ltd., a subsidiary of the company’s existing investor Mor Group Ltd. In the same month, 21m announced that it had raised $20 million in Series B Funding.
In December 2016, 21m revealed that it had agreed on a partnership with Microsoft to develop software for connecting startups with cloud computing developers. In addition, the company announced that it had received $12 million in new financing from two of its existing investors – Accel Partners and Innovation Endeavors, an investment company founded by Eric Schmidt. In January 2017, 21m announced that it had raised $40 million in new financing.
21m is a startup backed by Accel Partners, the CB Insights venture capital firm, Mor Venture Management Ltd., Mor Group Ltd., BBG Ventures (a subsidiary of Globespan Capital), and c.four Ltd. The company was founded by Yair Cohen and Nir Lakkis.
21m Accelbrienventurebeat is an online platform that connects startups to international investors seeking to invest in tech companies in Israel. 21m is a startup, and its activities can be divided into two main fields: 1) IT startups that seek funding from international investors and 2) IT companies in the U.S. and Europe who are interested in connecting to Israeli startups.
In addition to providing information about the company, 21m presents startups through short films and posts on social media (Facebook, Twitter). Thus far, 21m has produced films for more than 650 Israeli startups in partnership with Russia Today (RT), one of which was Microsoft-owned Wunderlist. The films are produced in several languages, including Russian, Chinese, German and Spanish.
21m Accelbrienventurebeat was founded by Yair Cohen (formerly CEO of the company Localphone) and Nir Lakkis (formerly Chief Product Officer at Localphone). The company has offices in Tel Aviv, New York and Silicon Valley.
In August 2015, 21m set up an office in Tel Aviv. The company has thus until now focused on strategic partnerships with both Israeli and international tech companies.
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