RealTime Image got more cash
The Israeli startup RealTimeImage has completed another financing round, this time securing $9 million. The round was led by the Israeli venture capital fund Dor Ventures.
The Israeli startup RealTimeImage has completed another financing round, this time securing $9 million. The round was led by the Israeli venture capital fund Dor Ventures.

Dor Ventures is headed by Arieh Rosenfeld, former CEO of Scitex Corporation (Nasdaq:SCIX), and Ilan Neugarten, who has held senior positions in Scitex.

RealTimeImage was founded in 1996. It has developed Internet-based imaging technology for the graphic arts and for medical imaging.

The fact that Dor Ventures has become a strategic partner in the company is certainly significant to RealTimeImage, as Dor Ventures specializes in companies that focus on electronic publishing, Wed-based printing applications, imaging technology, and digital printing.

The present round attracted RealTimeImage’s existing investors, among them Intel 64 Fund, the venture capital fund of Intel (Nasdaq:INTC), Scitex, Newbury Ventures, and TDA Capital Partners.

Other shareholders in RealTimeImage are Citicorp and ComSor Investment Fund, a joint venture capital fund of Comverse Technology (Nasdaq:CMVT) and Soros Management Fund, owned by mogul George Soros. Dor Ventures’ investors include photography products giant Agfa, German printing equipment company Heidelberg, and Scitex. The fund has to date raised $35 million out of a planned $60 million. Source: www.themarker.com Dec 1, 2000