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  • Yonatan Sredni 3:36 pm on May 1, 2016 Permalink
    Tags: Israeli binary management, Israeli company hires, Israeli strartup hiring,   

    Israeli Startup JFrog Set to Hire 100 

    JFrog - News Flash - IsraelMay 1, 2016 | Israeli-American company JFrog, which provides software developers with a binary repository management solution, is hiring 100 new employees.  Based in Israel and California, 50 of the new hires are for its Israel office in Netanya and the rest for its Silicon Valley office. JFrog’s clients include Apple, Twitter, LinkedIn, Google, The Gap and more.

  • Yonatan Sredni 2:23 pm on May 1, 2016 Permalink
    Tags: Hainan Airlines, Israel-China flights, Israel-China travel, Tel Aviv-Beijing travel   

    Hainan Launches First Israel Flights 

    Hainan_Airlines_Logo.svgMay 1, 2016 |China’s Hainan Airlines has launched its first ever direct flight to Israel, linking Beijing with Tel Aviv. The new service will now run three times a week, departing the Chinese capital every Tuesday, Thursday and Sunday at 0155 and arriving at Tel Aviv’s Ben Gurion Airport at 0810. The return flights will leave Tel Aviv at 1535 and arrive in Beijing at 0555 the next morning. Hainan Airlines will deploy an Airbus A330 aircraft on the new route, configured with 36 flat-bed seats in business class and 178 seats in economy. Hainan Airlines becomes the first Chinese carrier flying direct to Israel, and a second airline operating the Beijing-Tel Aviv route, following El Al, Israel’s national carrier.

  • Yonatan Sredni 1:13 pm on May 1, 2016 Permalink
    Tags: Israeli-Chinese fund, Israeli-Chinese startups, Kuang-Chi, Kuang-Chi GCI Fund & Incubator   

    China’s Kuang-Chi Launches Israel Fund 

    kuangchiMay 1, 2016 |Chinese corporation Kuang-Chi is launching an international innovation fund based in Israel to invest in companies worldwide. The “Kuang-Chi GCI Fund & Incubator” will be the first Chinese fund of its kind, combining investment in early to mid-stage Israeli and global companies with incubation by Kuang-Chi. The newly established fund has an initial $50 million and is planned to grow to $300 million within the next three years. Founded in 2010 by five distinguished Chinese scientists who returned to China after earning advanced degrees at Duke, Oxford, and Cambridge universities, Kuang-Chi is a global innovation group with operations from China to North America, Europe, Africa and Oceania. Acting through public companies, private holdings and research institutes, the group’s value exceeds $10 billion.

  • einat 5:24 pm on April 27, 2016 Permalink
    Tags: Citigroup's investment in BlueVine, Israeli FinTech startup BlueVine   

    Citigroup Invests In Israeli FinTech Startup BlueVine 

    bluevineApril 27, 2016 | Israeli FinTech startup BlueVine, an online provider of financing to small businesses, announced it has received a strategic investment from Citigroup’s venture capital arm Citi Ventures. Financial terms of the investment were not disclosed. This investment comes on the heels of a $40 million financing round led by Menlo Ventures, which closed three months ago. BlueVine was founded in 2013 by Nir Klar and Eyal Lifshitz.

  • einat 1:13 pm on April 26, 2016 Permalink
    Tags: Israeli parking app Polly, Polly the parking fairy, Polly the Waze of parking   

    Parking App Polly Launches In Paris 

    PollyApril 26, 2016 | Israeli parking app Polly has launched in Paris, France, potentially helping 4.5 million Parisian drivers daily to find a parking spot. “Polly The Parking Fairy” aims to eliminate the frustration associated with finding a parking spot in the big city. The free mobile app emulates driver behavior and guarantees a parking space – whether in a lot or on the street – within 11 minutes of cruising. Polly comes into action as drivers approach their destination, displaying a personalized map and turn-by-turn navigation directions through nearby streets with the greatest chance of finding on-street parking. The route is based on statistical information about streets with the highest parking turnover. The app was created by Israeli startup sPARK, which was founded in 2012 by Zohar Bali and Eran Balter.

  • Yonatan Sredni 4:21 pm on April 25, 2016 Permalink
    Tags: , , , Preempt Security   

    Startup Preempt Security Raises $8M 

    preempt-logo-v2April 25, 2016 |Cyber security company Preempt Security has closed $8 million in Series A funding. General Catalyst Partners led the round with participation from well-known security leaders and innovators, including Mickey Boodaei and Rakesh Loonkar, the founders of Trusteer, and Paul Sagan, the former CEO of Akamai Technologies. The financing will be used to expand marketing and sales efforts, and accelerate product development. With offices in San Francisco and Ramat Gan, Preempt Security was founded in 2014 by global security and networking experts. The team has deep roots in security with a large component of the team from Unit 8200, the elite intelligence unit of the Israel Defense Forces.

  • Yonatan Sredni 12:55 pm on April 25, 2016 Permalink
    Tags: Israeli secure smartphone, , Moshe Hogeg invests, , Sirin Labs   

    Smartphone Startup Sirin Raises $72M 

    sirinApril 25, 2016 | Sirin Labs, a new high-end smartphone manufacturer, has raised a $72 million seed round from Israeli Singulariteam founder Moshe Hogeg, Kazakh businessman Kenges Rakishev, and the Chinese social networking service Renren to launch a new, secure smartphone. The phone will be revealed in May at Sirin Labs’ flagship store in London.  Sirin, a stealth startup almost three years in the making, aspires to combine both the safety of a military-grade device and the features of an everyday phone. Headquartered in Switzerland, most of Sirin’s day to day operations are managed from the company’s offices in Tel Aviv (R&D and operations) and in the Swedish city of Lund where they are assembled by Sigma Connectivity.

  • Yonatan Sredni 10:34 am on April 25, 2016 Permalink
    Tags: , Israeli VC rasises, , LionBird II   

    VC Fund LionBird II Raises $40M 

    Lionbird Raises $20M For Investment In Israeli StartupsApril 25, 2016 | Israeli venture capital fund LionBird II will soon make an initial closure of $40 million in funding. The fund is the second by the LionBird group, which invests in digital health and financial services companies. The company is led by brothers Chaim and Itschak Friedman, who founded STARLIMS and sold it to Abbot in 2010 for $123 million. Another partner in the fund is former Abbot executive VP diagnostic products Ed Michael of the US. The first LionBird fund raised $20 million in 2013, and invested in companies like Tyto, Sweetch, Fundbox, Telesofia, and Genome Compiler. The Friedman brothers and Michael will invest 15-20% of the amount, as they did in the first fund.

  • Yonatan Sredni 11:29 am on April 24, 2016 Permalink
    Tags: AAAS, Hebrew University AAAS, Israeli AAAS, Israelis Academy of Arts & Sciences, Israelis elected to Academy of Arts & Sciences, Isreali faculty AAAS   

    Four Hebrew U. Faculty Elected To AAAS 

    HUlogoApril 24, 2016 | Four Hebrew University faculty members are among the 213 new members to have been elected to The American Academy of Arts & Sciences (AAAS). The academy includes some of the world’s most accomplished scholars, scientists, writers, artists, as well as civic, business, and philanthropic leaders. The Hebrew University faculty selected are Prof. Robert Benny Gerber, The Saerree K. and Louis P. Fiedler Chair in Chemistry, in the Institute Of Chemistry; Prof. Sergiu Hart, The Alice Kusiel and Kurt Vorreuter University Professor, and Professor of Mathematics and Economics, in the Federmann Center for the Study of Rationality; Prof. Menachem  Magidor,  Professor Emeritus of Mathematics, in the Einstein Institute of Mathematics, and a Former President of the Hebrew University; and Prof. Zeev Sternhell, The Leon Blum Professor Emeritus of Political Science, in the Department of Political Science.  The new class will be inducted at a ceremony on October 8, 2016, in Cambridge, Massachusetts. Founded in 1780, the American Academy of Arts and Sciences is one of America’s oldest learned societies and independent policy research centers, convening leaders from the academic, business, and government sectors to respond to the challenges facing the nation and the world. Current Academy research focuses on higher education, the humanities, and the arts; science and technology policy; global security and energy; and American institutions and the public good.

  • Yonatan Sredni 10:49 am on April 24, 2016 Permalink
    Tags: Brayola, Israeli bra startup, ,   

    Israeli Startup Brayola Raises $2.5M 

    BrayolaApril 24, 2016 | Israeli startup Brayola, a new online service that helps women find bras that fit, has raised $2.5 million in Series A funding from HDS Capital and FirstTime Capital. The company is also unveiling its own marketplace, leveraging inventory from brand partners to help women not only find the right bra, but take action on that item directly from the Brayola website. Founded in 2013 by Orit Hashay, the company reports that their conversion rate is around 5.5 percent and their return rate is lower than 8 percent.

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