Metacafe, the Israel-based online media and video sharing community, has raised $30m (€22.3m) in series C funding from Highland Capital Partners, Accel Partners, Benchmark Capital and DAG Ventures. Metacafe says that its 25 million unique viewers each month make it one of the world's largest video sites. The money raised will be used to support the company's continued global growth, including expanding the breadth and depth of content, sources of which include emerging video creators as well as partnerships with established media companies.

Novafora, the US and Israel-based fabless semiconductor company targeting the video processing sector, has raised $12m (€8.9m) from Gemini Israel Funds and Vertex Venture. The company, which is currently operating in stealth mode, was set up in 2005 by the Zaki and Shlomo Rakib, the two brothers who founded Nasdaq-listed Terayon Communication Systems in 1993.

Small World Financial Services, the UK-based money transfer operator, has raised £2.4m ($3.5m) from MMC Ventures. Small Word operates ‘corridors’ of money exchange between western Europe and developing countries. The UK is reportedly a strongly growing market, with many newly arrived workers now sending money back to their home countries.

iMotions, the Denmark-based developer software to measure emotional response, has raised $2.7m (€2m) from Inventure Capital, The Way Forward, Andy Miller, Joergen Thorball, Kenneth Morse and other undisclosed private investors. The company's software is designed to be an objective, non-intrusive, reliable way of measuring human emotional response to visual stimuli such as print ads, direct marketing material, and brochures. The funding is intended to allow the company to strengthen and expand its sales organisation in the US and its support organisation worldwide.

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