PROJECT

Projects

Summary of Investment Information

Project Number

33314

Company Name

DIVINETWORKS LTD

Date SPI Disclosed

Mar 8, 2013

Country

World Region

Region

Global

Projected Board Date

Apr 12, 2013

Environmental Category

C - No Impact

Status

Completed

Last Updated Date

Sep 30, 2022

Department

TMT, Venture Capital & Funds

Industry

Telecommunications and Technology

Previous Events

Approved : May 21, 2013
Signed : May 30, 2013
Invested : Aug 22, 2013

Sector

Other (Including Satellite Telecommunications, Radio and Television Broadcasting, etc.)

Project Description

DiViNetworks (formerly, iPortent) is a privately owned company registered in Israel. It was established in 2004 by Barak Avitbul and Dr. Hayim Shaul to develop optimization techniques for managing network data traffic. In 2011, the Company launched the new product, DiviCloud, which allows an up to 40% bandwidth increase to Internet services providers (“ISPs”) without any additional investment. The Project will support further roll out of the DiviCloud service in emerging markets in Africa and Latin America.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation