Israeli big data co Optimal+ raises $42m
Israeli manufacturing intelligence firm Optimal+ raised $42 million for its global expansion plans from a growth equity investment led by KKR. The US global investment firm made its commitment alongside the lead investors, Carmel Ventures and Pitango Venture Capital.
Optimal+, founded in 2005 by CEO Dan Glotter, provides actionable business intelligence to clients in the semiconductor industry by employing big data solutions that analyze more than 25 billion chips per year.
“KKR is the perfect partner for Optimal+ as we look to accelerate our global growth and expand the capabilities of our platform beyond semiconductor into the electronics market segment. Our technology delivers huge ROI to customers through increased product yield, higher quality and greater manufacturing efficiency. We are seeing very strong demand for the actionable intelligence that our solutions provide,” said Glotter.
Goering Nazi uniform 'should be burnt'
Glenn Drew: Our students attend Harvard and Princeton on quite a regular basis
Interview with CEO of the American Hebrew Academy
Igor Kolomoisky: I told Yatsenyuk he was putting himself at risk
On relations with the president, his administration and Prime Minister Arseny Yatsenyuk
New High-Tech Collar Tracks The Health Of Your Pets
The PetPace collar uses non-invasive sensors to monitor data