U.S. investments in Israel growing

Oracle (Redwood Shores, Calif.) invested in Israeli startup Yadata Ltd., which is developing segment relationship management software, a niche of the enterprise customer relationship management market.

Elsewhere, Lucent Venture Partners participated in a $4.5 million funding round for Kailight Photonics, a provider of optical modules for optical regeneration, wavelength management and signal conditioning technology.

Intel, AT&T Corp, France Telecom, and 3Com separately participated in a $28.2 million investment round in carrier Ethernet vendor Atrica. The newest round of funding, which brings six-year-old Atrica’s total funding close to $180 million, also included new investors Vesbridge Partners and GunnAllen Venture Partners. Atrica has also received debt financing from European Venture Partners.

Flash Networks recently closed a $9.5 million investment round that included Canadian-based Bell Mobility International, Germany's T-Mobile Venture Fund and the GE Venture Capital Fund. The company has so far raised $21 million. Flash Networks' NettGain product downloads mobile data over High Speed Downlink Packet Access networks up to to 4 times faster than existing technologies.