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Venture Capital News: eVigilo Closes $3M Series A

          
Round led by Oriella Ltd and U.S. based AtHoc, Inc. as well as Israel based Plus Ventures and S.M. Holdings.
Click here for more funding data on eVigilo
TEL AVIV, ISRAEL, eVigilo Ltd., a homeland security company specializing in development and deployment of national mass notification systems, announces it has successfully closed a new round of funding, raising $3 million. The series A financing was lead by international group of investors consisting of Oriella Ltd (advised by Consensus Business Group London) and US based AtHoc, Inc. as well as Israel based Plus Ventures and S.M. Holdings.

eVigilo will use the proceeds to expand its sales and marketing activities into international markets to fulfill the demands raised in many countries for national multi-channel alert and notification systems.

Guy Weiss, eVigilo Ltd. CEO said, "I am delighted to welcome the investors to the company. The investment will allow eVigilo to expand its activities into international markets. We see increased demands in many countries for our products. The round will ensure to drive our progressive product development and to stay in forefront of technology."

Guy Miasnik, President and CEO of AtHoc., added, "eVigilo. has an experienced team and an innovative and resource efficient approach to developing cutting edge national-level mass notification solutions for public alerting which complement AtHoc's offering to the enterprise and agency-level market."

Doron Debbie of Consensus Group (Israel) commented, "We are pleased to offer support to eVigilo Ltd. The company has developed a broad pipeline of prospect opportunities whilst progressing successfully in its Israeli and Chilean projects. We anticipate a bright future for the company and its shareholders."

About eVigilo Ltd.
eVigilo Ltd. (http://www.evigilo.net) designs and develops the industry's only fully-integrated mass alert platform that can reach millions of people in just seconds, to substantially improve personal safety and save lives. eVigilo's solution has been deployed by Israeli Home Front Command as the multi-channel alert and notification dissemination system in frame of the "National Message" project whose first phase was budgeted with $7.5 million. eVigilo's solution has also been recently chosen by the Chilean government to provide the core foundation of its national earthquake and Tsunami warning system whose first phase was budgeted with $5 million. The project, first of its kind in the Americas, is based on mobile cell broadcast technology and will soon be completed by further channels such as sirens, digital TV and radio. eVigilo has further activities in more than 30 countries worldwide.

About AtHoc, Inc.
AtHoc Inc. (http://www.athoc.com) is the pioneer and leading provider of enterprise-class, network-centric emergency mass notification systems for the most demanding life safety markets - federal government, defense, homeland security, healthcare, higher education and large commercial customers. Its mission-proven solutions are used at thousands of locations and protect over 2 million government personnel, positioning AtHoc as the No. 1 vendor for the US federal government for net-centric EMNS. AtHoc's products are deployed within a cloud-based architecture and used for physical security, force protection, personnel accountability, recall and regulatory compliance.

About Consensus Business Group
Consensus Business Group is based in London and provides advisory services on numerous assets, investments and business opportunities to the trustees of a family trust which is its ultimate beneficial owner. Its unique investment model provides high strategic leverage to the investee companies. Its focus includes the homeland security, cleantech and biomed sectors.

About Plus Ventures
Plus Ventures (http://www.moldawsky.com) a company designated to identify early stage investment opportunities in the areas of internet, communications & new media. The Company holds a high quality portfolio which is consistently growing.

About S.M. Holdings
S.M. Holdings is a private investment company focused on homeland security and telecommunication, striving to achieve synergy effects within the companies in its investment portfolio.

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