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Israeli startup


has completed an internal financing round, with investors kicking in another $2.5 million.

All its investors took part, including Israel Seed, Infinity Israel, Millennium 3 Capital and private investors, including Check Point Software Technologies (Nasdaq:CHKP) co-founder Shlomo Kramer.

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Last year the company secured $9 million in a second placement according to a post-money company value of $20 million.

The company, established in 1996, has developed inventory management software for suppliers, manufacturers and marketers. The company has 27 employees working at its R&D center in Netanya and in its Boston, Massachusetts headquarters.