Vonetize

Company Overview

Snapshot

Founded in January 2008 by Noam Josephides and Oren Levy, Vonetize operates with 1–10 employees. The company has raised $4.21 million across one funding round. In August 2016, Vonetize completed an Initial Public Offering on the TASE.

Business overview

Vonetize develops content services and technology platforms for smart TVs and connected devices, offering end-to-end solutions that include client applications, content management systems, user management, billing, and CDN infrastructure. The company licenses and operates content services, distributing Hollywood movies, TV series, concerts, children's programming, and niche ethnic content to millions of viewers globally. Vonetize serves the Media & Entertainment sector, operating within the Digital Content Engagement & Entertainment, Digital Content Production, and Digital Content Distribution categories.

Strategic signal

In October 2019, Vonetize was delisted from the TASE and ceased operations. This event signals a significant downturn in the company's trajectory, indicating a failure to sustain its business model or market position despite earlier efforts to go public and expand its content services.

Company Intelligence Q&A

What was a significant financial event for Vonetize?

In August 2016, Vonetize completed an Initial Public Offering on the TASE, raising $4.21 million.

What was the outcome of Vonetize's operations in late 2019?

In October 2019, Vonetize ceased to operate and was delisted from the Tel Aviv Stock Exchange.

What was reported regarding a potential acquisition of Vonetize?

In March 2018, news emerged about a US movie studio planning to acquire Israeli smart VOD company Vonetize.

What was the company's status on the Tel Aviv Stock Exchange in September 2019?

In September 2019, the Tel Aviv Stock Exchange suspended trading in Vonetize securities.

What was the company's CEO's perspective on a past IPO attempt?

In July 2016, Vonetize's CEO attributed a failed IPO attempt to the underwriters.