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04/14/2008
Consumer online media startup Libox gets $1 million pre-seed investment
Libox, an Internet startup that is developing a consumer facing media product, has completed a $1 million pre-seed financing round from Evergreen Venture Partners, Eilon Tirosh, Partam Tel Aviv and Argonaut.
“In Libox we recognized a winning combination of an entrepreneur who has “done it”, a solid business model and a market with a huge growing potential,” Erez Shachar, Managing Partner at Evergreen.
Libox was founded by Erez Pilosof who is also the founder of the Israeli Internet portal Walla. Libox, currently in stealth mode, will release its beta product later this year.
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15:25 Posted in Media Content | Permalink | Comments (0) | Email this | Tags: Erez Pilosof, Walla, Libox, Erez Shachar, Evergreen, Eilon Tirosh, Argonaut