Exit #6: OurCrowd Portfolio Company Crosswise Purchased by Oracle

Leading investment crowdfunding platform OurCrowd has registered its 6th successful exit as portfolio company Crosswise has been purchased by Oracle. The transaction was revealed in Israeli media on April 15th revealing that Oracle paid $50 million for the “machine learning based cross-device data” company.  The transaction closed on April 14th. OurCrowd, and its registered investors, participated in a Series A funding round that provided $670,392 to the young company. Co-investors on the funding round included Giza Venture Capital, Horizons Ventures and a “high profile angel group.” Oracle commented on the acquisition explaining that Oracle Data Cloud was the fastest growing global data as a service business.  The addition of Crosswise would further broaden the “Oracle ID Graph” to construct a complete view of consumers digital interactions across multiple devices. Omar Tawakol,…

Link to Full Article: Exit #6: OurCrowd Portfolio Company Crosswise Purchased by Oracle

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