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About this episode

The $100 million reportedly raised by Israel-based handset maker Modu is an example of how non-U.S. firms are now routinely raising big money rounds, thanks to the large amounts of venture capital sloshing around the globe.Last week it was the U.K. speech-to-text startup SpinVox that raised $100 million. The company makes a tiny wireless phone module that can perform different functions -- such an MP3 player, camera or cell phone -- depending on what it's plugged in to.The entrepreneurial climate in Israel is healthy and nurturing startups in a host of tech markets, as VC Cafe founder Eze Vidra told us in this interview. He offered advice to startups based there who wanted to raise U.S.-based venture money. Modu didn't ... [Read more]

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