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Israeli big data processing startup Upsolver Ltd. announced on Tuesday it has completed a $13 million series A financing round. The round was led by Vertex Ventures U.S. in partnership with Jerusalem Venture Partners (JVP), which led its previous funding round, and U.S.-based Wing Venture Capital. Other private investors in the round include Jeff Rothschild, founder of Veritas Software and Facebook’s founding engineer and Sohaib Abbasi, the former chairman and chief executive of Informatica
Upsolver has raised a total of $17 million to date, with a global team of 22 employees working across Israel, California, and New York. Its customers include Israeli companies such as IronSource, Sisense and Similar Web, as well as US-based companies Asurion, Cox Automotive and more. Existing investors include Adler Chomski, Level VC, Taya Ventures and Kobi Marenko, founder and CEO of Arbe Robotics.
Ori Rafael, Upsolver co-founder and CEO. Photo: PR Upsolver founders Ori Rafael and Yoni Eini first met while serving in the military’s 8200 intelligence unit, often described as Israel’s NSA, where Rafael was head of data integration platforms, and Eini was CTO of a large data science group. They came up with the idea for Upsolver while struggling with a …
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