29 04 2016

Twiggle's $12.5 million Funding Round

Shenhav & Co., Advocates & Notary represented State of Mind Ventures of Pinchas Buchris and Yuval Baharav, in the closing of a US$ 12.5 million funding round in Twiggle, an advanced searching engine startup.


Naspers, Yahoo Japan and Sir Ronald-Cohen also participated in the financing round. State of Mind Ventures was founded by Mr. Pinhas Buchris and Mr. Yuval Baharav. Buchris, formerly the commander of the IDF 8200 Intelligence Corps unit and the Director-General of the Ministry of Defense and Baharav, formerly a partner in Sequoia Capital and executive at Amdocs Ltd. State of Mind Ventures looks to invest in companies in the sectors of big data, aerospace, communications, cyber, cloud infrastructure, and computerized vision, at the seed stage. Twiggle is setting the standard for a new paradigm of Product Search & Discovery: providing a robust data infrastructure for matching products to user intent with an unprecedented degree of accuracy, nuance and coverage. The Shenhav & Co. legal team was led by Shmulik Atias (Picture). Involved fees earner: Shmulik Atias - Shenhav & Co.;

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