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OurCrowd points to an article in the Jerusalem Post that points to Epsagon, which was acquired by Cisco and Otonomo Technologies that is part of a SPAC deal with shares expected to commence trading on the Nasdaq next week.
Both are Israel-based tech firms. Epsagon provides a service to visualize service architecture and Otonomo processes big data for 40 million cars every day.
Otonomo was part of the Maniv Mobility Fund and Epsagon is part of a Silicon Valley fund USVP – a fund that OurCrowd has backed. Manive Mobility focuses on autonomous, on-demand, electric mobility and connected cars. USVP is a series of funds that focusing on early-stage opportunities in IT and Healthcare.
Epsagon was reportedly acquired for around $500 million while Otonomo will go public in a deal worth around $1.26 billion.
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