Tech Nation - Superfish Comes in Fourth in Inc. Magazine Growth List

Inc. magazine likes Superfish; FeeX and GuardiCore raise funds.

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A laptop computer with the Facebook logo.
With Superfish, the search engine is based on images. Credit: Bloomberg

Superfish comes in fourth in Inc. magazine growth list
Superfish, whose Window Shopper search engine uses images to find products on the Internet, has been ranked fourth in Inc. magazine’s list of fast-growing privately held companies in the United States. It’s the top-ranked privately held software firm on the list. The ranking is based on three years of revenues; Superfish’s have surged to $35.3 million from $135,000. The firm is one of a number of Israeli outfits boasting picture-recognition technology based on expertise gained in the Israeli army. Founded in 2006, the company employs 60 people in Israel and Palo Alto, California. (Amitai Ziv)

Crowdsourcing startup FeeX raises $6.5 million
FeeX, an Israeli startup that uses crowdsourcing to spot hidden fees in financial accounts, has completed a $6.5 million funding round led by Horizons Ventures, the private investment fund of Hong Kong magnate Li Ka-shing. In the latest round, about $3 million came from Blumberg Capital, which had taken part in the first financing round a year ago, the company said. FeeX has raised a total of $9.6 million. Its first investor was Uri Levine, a founder of the traffic navigation app Waze, which was sold to Google for about $1 billion. Horizon Ventures was also one of Waze’s investors. FeeX got its start in the Zell Entrepreneurship program at the Interdisciplinary Center in Herzliya. Its CEO, Yoav Zurel, said the latest funding would be used to expand the company’s pension services and to address areas such as banking, mortgage finance and credit cards.  (Amir Teig)

GuardiCore information security startup closes $11 million funding round
GuardiCore, a Tel Aviv startup that helps protect data centers from cyber-attacks, has wrapped up an $11 million funding round led by Battery Ventures with the participation of Greylock Israel and undisclosed strategic investors, the company said. Battery Ventures general partner Scott Tobin will be joining GuardiCore’s board. The startup was founded last year by Pavel Gurvich and Ariel Zeitlin. (TheMarker)

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