Israeli handset maker Moduhas raised $7 million in funding from Qualcomm (NSDQ: QCOM), which gives the chipmaker the right to supply the Modu’s phones with their chips. Modu’s main product is a tiny mobile phone weighing 40 grams that can be slipped into interchangeable “jackets” that can be tailored to…

WiMax mobile chipset maker Runcom Technologies has acquired Bamboo Media Casting, a mobile video platform provider, in an options swap deal. Financial terms of the agreement were not revealed. Israel-based Runcom jumped on Bamboo after ChinaTel Group, a China-based WiMax and mesh Wi-Fi network, decided not to buy the company,…

During the Mumbai attacks, we saw Twitter become a valuable source of information as first hand accounts of the unfolding events flooded onto the microblogging service. Last Tuesday, the Israeli government, noticing the active Twitter discussion of the Gaza fighting that wasn’t very complimentary of the Israeli side, tested it…

InfoGin, the Israeli mobile content adaption platform provider, has raised more than $10 million in a third round of funding from Minneapolis, Minnesota-based Coral Capital Management, according to the company’s VP of Operations Gil Ilani. The eight-year old company provides carriers with server technology that automatically adapts web pages to…

Israeli mobile phone operator Cellcom has rolled out a new ad-funded air time plan to lure in younger subscribers. The new model, similar to Virgin Mobile’s Sugar Mama program in the US, gives subscribers air time in return for watching ads, reports Reuters. Cellcom chief Amos Shapira said the program…

London-based Connect2Media, a publisher of mobile content, which just merged with the European operations of Hands-On, said it has acquired RayFusion, an Israeli-based mobile content distributor. Terms of the deal were not disclosed. The acquisition will enable RayFusion to expand its distribution to include carrier accounts in Europe, the Middle…

Mobile TV chipmaker Siano Mobile Silicon has raised a third round of funding for $17.5 million for a total of $52 million. Draper Fisher Jurvestson’s Israeli partner, DFJ Tamir Fishman Ventures (DFJTFV) led the round that saw all of the company’s existing investors—JVP, Star Ventures, Walden Israel, Bessemer Venture Partners,…

Israeli mobile media company mPortico has raised $2.3 million in a second round of funding from French venture capital firm Milk Capital, bringing its total funding to $3.4 million. The company specializes in delivering mobile content and mobile marketing over memory cards.

Israeli start-up Modu is expected to close a round of funding in the next few weeks worth $100 million, according to Globes, an Iraeli business journal. Modu was started 18 months ago by Dov Moran, who previously founded msystems, a company that was sold to SanDisk for $1.6 billion. So…

Israeli-based Advasense has raised $6 million from new investor Taiwanese VC fund CIDC consultants reports Israel Business Media. Advasense develops mobile phone camera CMOS image sensors, and earlier this year raised $14 million from Genesis Partners, Giza Venture Capital, BlueRun Ventures and Venture Tech Alliance.