Founded in 2002 Kornit Digital Ltd. has become a member of the Nasdaq stock exchange after concluding a successful IPO with 7.1 Million shares raising over US $ 122 million. The newly minted stock closed at US $ 14 or 40% over its opening price. It is known for development and manufactures digital printing solutions for the textile and garment industries, from direct-to-garment print systems to roll-to-roll digital presses for fabrics. In their financial brief, the company cited US $ 66 million in 2014 revenues, representing 34% growth over 2013. In the same brief Kornit noted that the installed base for all the company’s products is now nearly 1,300 units worldwide.
