Israel’s Nexite, Solidus Labs nab growth capital; devOcean gets seed funding

 Israel’s Nexite, Solidus Labs nab growth capital; devOcean gets seed funding

Nexite, a Tel Aviv-based data platform for real-time store intelligence and shopping, has raised $67 million in a Series C funding round.

The round was led by Pitango Growth and Saban Ventures. Existing investors Battery Ventures, Intel Capital, Pitango First and Vertex Ventures also took part in the round.

The latest round brings the total money raised by Nexite to $100 million.

The company, which was founded by Anat and Lior Shakedd, said it will use the new money to expand operations and its reach.

Solidus Labs

Solidus Labs, a crypto-native monitoring company, has raised $45 million in a Series B funding round led by New York City-based VC firm Liberty City Ventures.

Evolution Equity Partners, Declaration Partners and Hanaco Ventures also took part in the round. Another investor who pitched in was Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments.

Evolution had led the company’s Series A funding round in May 2021.

“For Web3 and the DeFi economy to truly fulfill their massive potential, there’s a need to mitigate new risks—both in terms of liquidity enablement and on the consumer and investor protection side. This is where Solidus’ crypto-native solutions come into play, and the reason we’ve been experiencing a 560% year-over-year revenue increase,” said Asaf Meir, Solidus’s founder and CEO.


Cybersecurity startup devOcean has raised $6 million in a seed financing round led by Glilot Capital Partners.

The round was also joined by a bunch of angel investors including former Google executive Gerhard Eschellbeck, Amazon’s Head of Security Audit Adam Hirsch, and Dome9 Security founder Zohar Alon.

The software-as-a-service platform says it helps collect security insights from all cloud and security tools, generating a single “pane of glass” that exposes each risk and its corresponding effect on every part of the cloud application.

The company, which employs 15 people, was founded last year by former executives at CyberArk, who are all veterans of the Israeli intelligence services.

Vivek Sinha

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