Poor Exit: ScaleMP was recently sold to SAP for a small amount and much lower than invested in

Posted on Jun 4, 2021 by Ifi Reporter - Dan Bielski

The startup company ScaleMP was recently sold to SAP for a small amount and much lower than what has been invested in it so far. This is a failure of a start-up company that aimed for much higher amounts, a move that did not succeed.
Scale MP is a relatively old company in the startup market. It was founded in 2003 by Shay Poltheim and Rabbi Zlotogorsky, and engaged in the optimization and acceleration of computer resources through virtualization, ie running several machines on one computer.
Over the years, the company has raised a total of about $ 36 million when the last round was raised in August 2017, when the company raised $ 10 million led by Leumi Partners. Over the years, the company has also invested in the following funds: Sequoia Israel, Lightspeed Israel, ABS Venture, Aviv VC, and TL Ventures and Evolution, as well as the private investors: Dan Barnea, Yehiam Yemini, Amiram Levinberg, Rami Lipman.
At the last recruitment, Yaron Bloch, then CEO of Leumi Partners, said: "ScaleMP is a growing and leading company in its field and its activity is expected to continue to grow thanks to agreements with recently signed manufacturers and additional contracts that are expected to be implemented in the near future.


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Ituran Becomes Main Sponsor of M.K. Otef Darom Basketball Club

Oct 6, 2025 by Ifi Reporter - Dan Bielski

Ituran announced the signing of an agreement to become the primary sponsor of the M.K. Otef Darom basketball club, a professional team based in the Gaza Envelope near Kibbutz Magen. Under the sponsorship deal, the Ituran logo will feature prominently on the team’s home and... Continue reading →

Hadas Water Marks New Year with Strategic Product Launches

Oct 2, 2025 by Ifi Reporter - Dan Bielski

About 90 employees of Hadas Water (HDS) gathered at the company’s headquarters in Rishon LeZion to mark the new year with a traditional toast and forward-looking announcements. CEO Udi Simeni outlined the company’s roadmap for 2026, highlighting what he described as a... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.