ClosedPublished 25 Sep 2026
FIMI Opportunity Funds /
MMDSmart
FIMI Opportunity Funds bought a 55% controlling stake in MMDSmart for about $55 million, valuing the Israeli cloud messaging platform at $100 million, Ctech reported Sept. 24, 2026.
- Price
- about $55 million
- Stage
- Closed
02 / TargetMMDSmart
What happened
Most of the capital funds growth.
Co-founder and CEO Arie Frenklakh, who launched MMDSmart in 2008 with Leonid Rubanov, stays in the seat as FIMI backs expansion across more countries. The firm employs more than 200 people in Petah Tikva, Bulgaria, and Singapore.
The source
Estimate
$55m Price
01
Source
FIMI Opportunity Funds bought a 55% controlling stake in MMDSmart for about $55 million, valuing the Israeli cloud messaging platform at $100 million, Ctech reported Sept. 24, 2026.
Original filingUnlock with ProTimeline
Reported
Published by the source
Deal Web
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This dealFIMI Opportunity Funds / MMDSmartClosed · Published 25 Sep 2026
BuyerFIMI Opportunity FundsTargetMMDSmartCo-founder and CEO, MMDSmartArie FrenklakhThis dealFIMI Opportunity Funds / MMDSmart
Closed · FIMI Opportunity Funds and MMDSmart: 55% controlling stake (Closed, posted 25 Sep 2026).
Reported 24 Sep 2026Timeline
Hover or tap a name to see how it connects, and when- Reported
- Posted on @carrywatch
Deal Web as a list
- FIMI Opportunity Funds (Buyer) 55% controlling stake this deal. FIMI Opportunity Funds: 1 deal on Carrywatch.
- MMDSmart (Target) target this deal. MMDSmart: 1 deal on Carrywatch.
- Arie Frenklakh (Co-founder and CEO, MMDSmart) named in post this deal. Arie Frenklakh: named in 1 post on Carrywatch.
Next / Profile
Arie Frenklakh
Co-founder and CEO, MMDSmart
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