02/14/2006
Business Events secures $12.7 Million funding from Carmel Ventures, Gemini and Bobby Lent
Israeli software company, Business Events, closed a $12.7 million of financing from Carmel Ventures, Gemini Israel Funds and a group of private investors led by Bobby Lent, formerly a co-founder of Ariba.
Business Events is the innovator of Business Opportunity Discovery. The company’s solution proactively identifies the drivers of unique business changes, weeks, months and years before they can otherwise be identified, and delivers them to the right person at the right time. Such early warning for performance and revenue leaks yields extraordinary revenue and profitability gains
Lent will serve as an active Chairman of the Board of Business Events. Lent is the Managing Partner of Hillsven LLC, a private venture investment group located in the Silicon Valley. Hillsven LLC invests and plays an active role in innovative high tech firms primarily in Israel and the U.SA.
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