No Result
View All Result
  • Login
Tuesday, February 24, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Israeli web intelligence co Nimble raises $47m

by FeeOnlyNews.com
3 hours ago
in Business
Reading Time: 3 mins read
A A
0
Israeli web intelligence co Nimble raises m
Share on FacebookShare on TwitterShare on LInkedIn



Israeli real-time web search and data platform Nimble today announced the completion of a $47 million Series B financing round. The round was led by Norwest, with participation from Databricks Ventures and all existing investors, including Target Global, Square Peg, Hetz Ventures, Slow Ventures, R-Squared Ventures, J-Ventures, and InvestInData. This brings to $75 million, the total amount raised by the company. No valuatrion was disclosed but market estimates are that the funds were raised at a company valuation of $400-450 million.

The funding will continue to accelerate Nimble’s proven results across the market, enabled by a strategic ecosystem – including Microsoft and Databricks – that brings reliable live web data into production AI systems.

Nimble serves some of the largest language model companies, whose names it refuses to disclose, but most of its clients are companies from a variety of industries that all share the need for secure, verified information from the web. Among them: LG, Deloitte, Uber, L’Oréal, Coca-Cola, TripAdvisor. Banks use it to conduct real-time due diligence, as do retail chains that make dynamic pricing decisions, and analysts who conduct rapid market research, optimize media strategy, analyze online discourse, and many other uses.

Nimble cofounder and CEO Uriel Knorovich tells “Globes,” “One of the limitations in using AI agents is the reliability of the information. The organization knows how to introduce its own information into the language model, but it also needs to introduce external information. Web search is a difficult problem that prevents organizations from using AI widely. Our customers say that as individuals they have no problem using Google, but as employees in an organization, when someone wants to know something in order to make business decisions, they need reliable data and work with organizational policies.

“If you want to know who Messi’s wife is, it’s a classic Google search or ChatGPT, but if you want to know how the company performed last quarter, you don’t want to take the information from a Reddit post – you want an agent who will do real work for you, like an intern would, and will give you the information.”

Are you competing with search companies like Google and Microsoft? What would prevent them from competing with you?

“First, we are collaborating with Microsoft Azure and Databricks, the latter of which is also an investment partner. Second, anyone building an AI infrastructure or language model needs web search, but we realized that a new search infrastructure is needed for the AI ??era. We enable organizations to run the searches that everyone wants without compromising on the level of accuracy and reliability, even for those working with extremely large models. We basically open a lot of virtual browsers and then perform searches and process the information.”

Knorovitz also explains how it works. “After the search and information validation phase, Nimble uses AI to convert raw data from the Internet into organized tables, processes them by cleaning irrelevant items and removing duplicates, so that the information is accessible and reliable for use by businesses in critical decisions. In a few weeks, one of the largest consulting firms, with 180,000 employees, will start working with Nimble – we will be a search engine within its language model infrastructure. For such a client alone, we are talking about millions of searches per hour. There are not many companies in Israel that do real AI, but cyber – we are reinventing search for businesses.”

The company works in collaboration with Databricks and Microsoft, which allow organizations to integrate real-time findings from the web directly into their existing data and AI environments. The platform saves organizations the need to rely on external service providers or scraping solutions (collecting public information from the web), which require a lot of maintenance and mean that the answers provided by AI systems cannot be fully verified.

Nimble was founded in 2021 by Knorovich, and CRO Menachem Salinas. The company has about 120 employees, of which 70 are in the development center in Israel and the rest at the headquarters in New York.

Published by Globes, Israel business news – en.globes.co.il – on February 24, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.




Source link

Tags: 47MIntelligenceIsraelinimbleRaisesWeb
ShareTweetShare
Previous Post

AI is taking advisor jobs. It doesn’t have to take yours

Next Post

Is Your 401(k) Where It Should Be After Age 50? See How You Compare

Related Posts

Steve Jobs gave these 3 pieces of management advice

Steve Jobs gave these 3 pieces of management advice

by FeeOnlyNews.com
February 24, 2026
0

It’s been more than a decade since we lost Steve Jobs, the mastermind behind some of the biggest technological innovations...

Epam Systems price target lowered to 0 from 3 at TD Cowen

Epam Systems price target lowered to $220 from $243 at TD Cowen

by FeeOnlyNews.com
February 24, 2026
0

TD Cowen analyst Bryan Bergin lowered the firm’s price target on Epam Systems (EPAM) to $220 from $243 and keeps...

With tariff plan in tatters, Trump vows ‘to do absolutely terrible things to foreign countries’

With tariff plan in tatters, Trump vows ‘to do absolutely terrible things to foreign countries’

by FeeOnlyNews.com
February 24, 2026
0

The S&P 500 lost 1.04% yesterday as the VIX “fear index” for volatility spiked 10%, but futures were up 0.16%...

Lefroy begins gold production at Lucky Strike Mine

Lefroy begins gold production at Lucky Strike Mine

by FeeOnlyNews.com
February 24, 2026
0

Lefroy Exploration has started initial production at the Lucky Strike Gold Mine near Kalgoorlie in Western Australia. The company has...

Teddy Sagi returns to TASE with Alltrade Recycling

Teddy Sagi returns to TASE with Alltrade Recycling

by FeeOnlyNews.com
February 24, 2026
0

Alltrade Group unit All Recycling, belonging to Teddy Sagi and Oded Reichman, has raised NIS 150 million on the...

Time to be selective in NBFCs as earnings premium shrinks: Viral Shah

Time to be selective in NBFCs as earnings premium shrinks: Viral Shah

by FeeOnlyNews.com
February 24, 2026
0

The NBFC sector in India has been under the spotlight as investors weigh growth potential against rising valuations and emerging...

Next Post
Is Your 401(k) Where It Should Be After Age 50? See How You Compare

Is Your 401(k) Where It Should Be After Age 50? See How You Compare

How to Create Passive Income Using Marketplaces

How to Create Passive Income Using Marketplaces

  • Trending
  • Comments
  • Latest
York IE Appoints Chuck Saia to its Strategic Advisory Board

York IE Appoints Chuck Saia to its Strategic Advisory Board

February 18, 2026
Super Bowl ads go for silliness, tears and nostalgia as Americans reel from ‘collective trauma’ of recent upheaval — ‘Everybody is stressed out’

Super Bowl ads go for silliness, tears and nostalgia as Americans reel from ‘collective trauma’ of recent upheaval — ‘Everybody is stressed out’

February 8, 2026
York IE Adds OpenView Veteran Tom Holahan as General Partner for New Early Growth Fund

York IE Adds OpenView Veteran Tom Holahan as General Partner for New Early Growth Fund

February 11, 2026
The Weekly Notable Startup Funding Report: 2/9/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 2/9/26 – AlleyWatch

February 9, 2026
Self-driving startup Waabi raises up to  billion, partners with Uber to deploy 25,000 robotaxis

Self-driving startup Waabi raises up to $1 billion, partners with Uber to deploy 25,000 robotaxis

January 28, 2026
Huntington Bank gives Ameriprise institutional unit B boost

Huntington Bank gives Ameriprise institutional unit $28B boost

February 6, 2026
Steve Jobs gave these 3 pieces of management advice

Steve Jobs gave these 3 pieces of management advice

0
Optex Systems Holdings: Margin Recovery and M Buyback Drive Deep Value Case

Optex Systems Holdings: Margin Recovery and $10M Buyback Drive Deep Value Case

0
Bitcoin Dominance To Experience Major Crash? Pundit Shares What This Would Mean

Bitcoin Dominance To Experience Major Crash? Pundit Shares What This Would Mean

0
Israeli web intelligence co Nimble raises m

Israeli web intelligence co Nimble raises $47m

0
Chamelio Raises M to Turn Legal Documents into Strategic Intelligence – AlleyWatch

Chamelio Raises $10M to Turn Legal Documents into Strategic Intelligence – AlleyWatch

0
8 Recession-Resistant Stocks to Own as AI Fears, Tariffs Shake Market Confidence

8 Recession-Resistant Stocks to Own as AI Fears, Tariffs Shake Market Confidence

0
Optex Systems Holdings: Margin Recovery and M Buyback Drive Deep Value Case

Optex Systems Holdings: Margin Recovery and $10M Buyback Drive Deep Value Case

February 24, 2026
Steve Jobs gave these 3 pieces of management advice

Steve Jobs gave these 3 pieces of management advice

February 24, 2026
Bitcoin Dominance To Experience Major Crash? Pundit Shares What This Would Mean

Bitcoin Dominance To Experience Major Crash? Pundit Shares What This Would Mean

February 24, 2026
Chamelio Raises M to Turn Legal Documents into Strategic Intelligence – AlleyWatch

Chamelio Raises $10M to Turn Legal Documents into Strategic Intelligence – AlleyWatch

February 24, 2026
8 Recession-Resistant Stocks to Own as AI Fears, Tariffs Shake Market Confidence

8 Recession-Resistant Stocks to Own as AI Fears, Tariffs Shake Market Confidence

February 24, 2026
Epam Systems price target lowered to 0 from 3 at TD Cowen

Epam Systems price target lowered to $220 from $243 at TD Cowen

February 24, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Optex Systems Holdings: Margin Recovery and $10M Buyback Drive Deep Value Case
  • Steve Jobs gave these 3 pieces of management advice
  • Bitcoin Dominance To Experience Major Crash? Pundit Shares What This Would Mean
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.