Vonetize

Company Overview

Snapshot

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

Business overview

Vonetize developed content services and technology platforms for smart TVs and connected devices, offering end-to-end solutions that included front-end client applications, content management systems, user management, billing, and CDN infrastructure. The company's services reached millions of viewers globally with diverse content offerings, from Hollywood movies and TV series to children's programming, serving the Media & Entertainment Technologies sector.

Strategic signal

In October 2019, Vonetize ceased operations, leading to the suspension of trading in its securities on the Tel Aviv Stock Exchange. This event signals a complete operational shutdown and delisting, indicating the company's inability to continue as a going concern.

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.