Israel-based news provider Calcalist said the investors "transferred all of their holdings in the company [Advasense] to three employees, for no compensation".
Israel-based mobile chip company Advasense has reportedly seen its venture backers give their stock to employees.
Local news provider Calcalist said the investors "transferred all of their holdings in the company to three employees, for no compensation".
In addition to the employees, the company is also owned by Krauss, a loan fund that invested $1m in Advasense, Calcalist said. Subsequently to the deal, which has just been revealed after completing last year, Advasense gained $6m to $8m from trade peer…
