Smartphone sales jumped over the summer
Israeli went smartphone-mad over the summer, buying 732,000 of the devices in the quarter between July and September, according to tech data company IDC— impressive for a country of just eight million people. It was an 18% rise, from 621,000 in the same quarter a year ago. Samsung remained the market leader, with a 33% share, followed by iPhone with 30.8% after sales of Apple’s cellphones jumped 25% from a year ago. LG was in third place with 14.7% of the market.
Israeli are still not big buyers of Chinese smartphones such as ZTE. They accounted for just 4% of the local market in the third quarter, according to IDC. Worldwide, Chinese makers have a combined 48.6% of the market. (Amitai Ziv)
Outbrain in pact with Time Inc.
Outbrain, an Israeli company that generates recommended stories for content sites, has reached an agreement with Time Incorporated to be the exclusive provider of the service for such leading titles as Time.com and People.com. Until now, Time has worked with a mix of different companies whose content-recommendation widgets help push traffic around the web. Time’s editors will have access to Outbrain tools to help them place stories where they will drive the most traffic. The deal is worth more than $100 million to Time. Outbrain, which already provides its services to CNN.com and Slate, typically gets 30% of all revenues generated. (Amitai Ziv)
Eyeview raises $15 million in new funding
Eyeview, a New York-based startup founded by Israelis whose software helps companies made personalized video ads, said this week it raised $15 million from the venture capital fund Marker LLC. That brings the total raised by the company since it was formed six years ago to about $34.5 million. Market sources valued the company at as much as $100 million. The proceeds will be used to further develop its ability to gather and analyze data. Eyeview has around 100 workers in various U.S. cities but no Israeli operations, despite the Israeli origins of founders Oren Harnevo, Tal Riesenfeld and Gal Barnea. Eyeview tailors video ads to viewers’ sex, home address and other factors, even current weather conditions. (Amir Teig)