Online Animation Startup AniBoom Gets $4.5 Million Funding

Israeli startup AniBoom has raised $4.5 million for its emerging online animation community, reports NewTeeVee. The round was led by Israeli VC firm Evergreen ($610 million under management).

AniBoom is an online video aggregator for animated films, with online tools (such as a Shapeshifter) that empower users to create animation of different genres, techniques and means.

To provide the right incentive, AniBoom created a revenue sharing model based on popularity and prize-awarding contests to inspire participation. According to its FAQ, AniBoom is working on "Animated Idol", an online competition for animators.

AniBoom is led by CEO, Uri Shinar, a seasoned Israeli TV executive.

• AniBoom's Top Rated Movies
• Top Crappy Movies
• Free Animation Tools

Source: Paidcontent

Here's one that I liked:

Medibell is Looking You In The Eye

Medibell, a subsidiary of CMT Medical Technologies (Paris: CMD.PA), has begun its road show in preparation for its IPO in Tel Aviv Stock Exchange.

Medibell designs and manufacturers imaging systems for ophthalmology applications, such as diagnosis of glaucoma, age-related macular degeneration, and damage caused by diabetic retinopathy.

One of the company's leading products is the PNM60, a wide angle retinal camera that minimizes the percentage of patients that can not be photographed due to pupil size. PNM60 handles the smallest pupil size (2mm diameter or less) and provides a 60º field of view. The camera produces high-resolution images, expanding the diagnostic capabilities of conventional retinal cameras by creating piecemeal mosaic images.

Medibell was founded in 1999 and has received $7-8 million in financing to date, mostly from CMT Medical Technologies and it aims to break even by the end of 2007.