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Modu Raised $100 Million

Modu, an Israeli startup that I profiled in last month has made a big leap by successfully raising a whopping $100 million in a round, reported by Globes. This funding was made based on the venture capital assumptions behind the company’s valuation at $150 million. Currently, there are no detail on whom has invested in this round. In previous round one, Modu has raised $20 million from Genesis Partners, Gemini Israel Funds, SanDisk and from the founder, Dov Moran himself.

I will profile this startup again when it release its thinnest phone on the earth in this October. Stay tuned.

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