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  • Yonatan Sredni 12:57 pm on May 30, 2016 Permalink
    Tags: , , Israel Fin-Tech Hub, The Floor Israel   

    Intel, The Floor Create FinTech Innovation Lab 

    intel-logoMay 30, 2016 | Global chip giant Intel announced yesterday that the company would create a fintech innovation lab in association with The Floor, a fintech hub based at the Tel Aviv Stock Exchange. The undertaking is aimed at identifying and developing technological innovations to upend and advance the global financial industry. Some of the technological focus will be devoted to blockchain (the technology behind crypto-currency Bitcoin), the Internet of Things (IoT) and biometrics. Intel intends to demonstrate its own technology at the lab and search for ways to collaborate with the hub’s entrepreneurs.

    The Floor is backed by the Pando Group, a Chinese-Israeli venture capital fund, and has partnerships with international banks such as HSBC, RBS, Santander and Intesa Sanpaolo. Earlier this month, Intel announced it would be closing part of its Jerusalem facility, and consolidate the workers in its Kiryat Gat plant. Intel is in the process of upgrading that facility as part of a $6 billion investment which includes significant government grants and tax breaks. As part of the deal, Intel vowed to increase employment at the facility by 1,000. The company says it has every intention to fulfill its obligations to the government.

     
  • Yonatan Sredni 12:12 pm on May 30, 2016 Permalink
    Tags: , Gartner cool vendors, Israeli cool vendors, Israeli gartners   

    Record 35 Israeli Companies Named Gartner ‘Cool Vendors’ 

    CoolVendors2016May 30, 2016 | Technology research company Gartner has released its annual “Cool Vendors” list, which a record 35 Israeli companies. By comparison, 15 Israeli startups made the list in both 2014 and 2015. Among the 35 Israeli companies on the list, 15 come from the field of cybersecurity, in which Israel is a recognized world leader. In the Digital Workplace Security category Israeli startups took all five places.

    Four Israeli companies represent the field of telecommunications. Also nomination was received by the company in the areas of medical technologies, CRM (corporate program to work with clients, analysts, the three-dimensional printing, etc.

    The complete list of the 35 Israeli companies to be included as Gartner 2016 Cool Vendors are:
    Deep Instinct, Secupi, Ensilo, Fireglass, Javelin Networks, Morphisec, SecDo, Forter, Fortscale, Avanan, Cymmetria, MinerEye, Team8 Industrial, Secret double octopus, Dojo Labs, CellMining, Cellwize, Saguna Networks, Leadspace, Hyperactivate, Datorama, SparkBeyond, Signals Group, Idomoo, CallVU, BigPanda, CloudEndure, velostrata Treato, Gameffective, Freightos, MASSIVit 3D, Nanodimension, Anodot

     
  • Yonatan Sredni 3:50 pm on May 29, 2016 Permalink
    Tags: quantum science,   

    Technion Opens Quantum Science Matter And Engineering Center 

    technion May 29, 2016 | A new Center for Quantum Science Matter and Engineering, the first of its kind, will be inaugurated at a major international symposium, the Mark and Diane Seiden International Symposium on Quantum Science Matter and Engineering, to be held at the Technion on June 1 and 2.  Twelve leading international scientists together with experts from the Technion and the Weizmann Institute will participate in this special event. Activities in the new Technion center will concentrate on merging the fundamental concepts of quantum science with engineering principles in order to pave the way towards new devices and systems which will lead, within a few years, to practical quantum applications. The new center will focus on the quantum aspects of computing, communications, sensing and signal processing. The field of sensing will receive special attention because of its widespread applied implications in all spheres of life.

     
  • Yonatan Sredni 11:49 am on May 29, 2016 Permalink
    Tags: Israeli biometric sensor, Israeli biometric startup, Sensifree   

    Biometric Startup Sensifree Raises $5M 

    sensifree_1a6540c7-1274-11e5-a781-bda7f09f9989May 29, 2016 | Israeli startup Sensifree, which is developing low power, contact free, electromagnetic sensors that accurately collect a range of continuous biometric data without the need to touch the human body, has completed a $5 million Series A financing round. TransLink Capital led the investment with participation from existing and new investors, including UMC Capital, a subsidiary of United Microelectronics Corp. and an undisclosed strategic investor. The investment adds to seed investment made by Samsung’s Catalyst fund and brings Sensifree’s total funding since launching its revolutionary RF-based biometric sensor technology to $7 million. The funding will help the company aggressively expand its engineering and product development teams, and accelerate its business development efforts. With offices in Petah Tikva and Cupertino California, Sensifree was founded by CEO Eran Agmon and CTO Ilan Barak. The Company’s first product is a contactless heart rate sensor for wearable devices for applications such as traditional watches, fitness trackers and smart clothing.

     
  • Yonatan Sredni 10:42 am on May 29, 2016 Permalink
    Tags: Direct flights San Francisco-Tel Aviv, Tel Aviv-San Francisco Flights,   

    Daily Flights Connect Silicon Valley To Silicon Wadi 

    unitednewlogo May 29, 2016 | Two months after launching direct flights between Tel Aviv and San Francisco, United Airlines today announced that it was increasing the frequency of its flights on the route from three a week to one per day. Daily flights will begin on October 8, 2016 on Boeing 787 Dreamliners. The model is made out of lightweight materials that make it possible to fly faster, with passengers enjoying larger windows and better ventilation on the planes. The decision to add flights on the San Francisco route was a response to strong demand for the route among consumers during the few months since it was launched. The additional flights will operate according to the same timetable as that of the existing flights.

     
  • Yonatan Sredni 10:29 am on May 29, 2016 Permalink
    Tags: Israeli diagnostic technology, Israeli health startup, Israeli medical diagnosis startup,   

    Israel’s Zebra Medical Vision Raises $12M 

    zebra medicalMay 29, 2016 | Israeli startup Zebra Medical Vision has raised $12 million in a financing round led by Utah-based healthcare provider Intermountain Healthcare, with the participation of existing investors.  The round brings their total funding to $20 million following an $8 million round in April 2015. Intermountain plans to work with Zebra to accelerate the creation of imaging algorithms to improve patient care and help doctors better diagnose diseases. Zebra Medical, founded in 2014 by Eyal Toledano, Eyal Gura and Elad Benjamin, seeks to teach computers to automatically read and diagnose medical imaging data. Its analytics engine helps physicians and healthcare providers analyze millions of imaging records. Current algorithms are in the fields of bone health, cardiovascular analysis, liver and lung indications.

     

     
  • Yonatan Sredni 12:51 pm on May 26, 2016 Permalink
    Tags: , ,   

    Invest.com Raises $20M From Singulariteam, Others 

    invest|May 26, 2016 | Online alternative investment startup Invest.com has raised $20 million in a financing round from a number of global investors including Moshe Hogeg’s venture capital fund Singulariteam. Invest.com also announced the launch of its “hedge fund for the people,” which it says will challenge the “elitist” alternative investments industry. For the time being the fund will operate in the UK with investments starting from £500 including CFD investments. Invest.com first made headlines in 2014 when it paid $5 million for its domain name. Invest.com says it charges a 1.5% management fee and 15% of profit but as an opening offer until June 22 no management fee will be charged.

     
  • Yonatan Sredni 11:42 am on May 26, 2016 Permalink
    Tags: , , , Israeli video messaging startup   

    Israeli Video Messaging Startup Glide Raises $8M 

    glide-logo-blueMay 26, 2016 | Israeli video-messaging startup Glide has raised an $8 million round of “bridge financing,” which was structured as convertible debt, the company’s CEO Ari Roisman told “Business Insider.” The investment came from a “syndicate of new strategic investors” with participation from all Series B investors – Menlo Ventures, Marker LLC, and Two Sigma Ventures. The Jerusalem-based startup also recently laid off 25% of employees in order to focus on smartwatches, “Business Insider” adds. Glide was founded in 2012 by Roisman, Jonathan Caras and Adam Korbl and has raised $36.5 million to date, including the latest financing. In 2013, the company launched the Glide app in 2013, which allows users to quickly send short video messages to friends, in a similar way to which text messages work. The free app has been downloaded “tens of millions” of times, resulting in “billions of messages” being sent.

     
  • Yonatan Sredni 11:24 am on May 26, 2016 Permalink
    Tags: Demisto, , Israeli security bot   

    Cyber Security Startup Demisto Raises $6M 

    Demisto_Logo_color_TransBG May 26, 2016 | Israeli cyber security company Demisto has raised $6 million in a Series A financing round from Accel, Cylance CEO Stuart McClure, Lookout CTO Kevin Mahaffey and Blue Coat Systems president Mike Fey. The new funding will be used to expand sales and marketing efforts, and to grow partner ecosystem integrations. The company also announced the availability of its Demisto Enterprise security bot. With offices in Tel Aviv and Cupertino, California, Demisto was founded in July 2015 by CEO Slavik Markovich (formerly of Intel Security, McAfee and co-founder and CTO of Sentrigo), VP marketing Rishi Bhargava (formerly of Intel Security, McAfee and Solidcore); VP products, Dan Sarel (formerly of Intel Security, McAfee, Sentrigo and Check Point); and VP engineering, Guy Rinat (formerly of Intel Security, McAfee and Sentrigo).

     
  • Yonatan Sredni 10:58 am on May 26, 2016 Permalink
    Tags: israeli email protection startup, , Votiro   

    Email Protection Startup Votiro Raises $4M 

    Votiro--Logo-HiRez-whiteMay 26, 2016 | Israeli email protection company Votiro has closed a $4 million financing round led exclusively by Redfield Asset Management. The Tel Aviv based startup provides secure email gateway solutions with patented Zero-Day Exploit Protection technology. The capital will be used to expand Votiro’s team and continue the rapid growth of the company’s patented solutions and product portfolio. As part of the investment, Wrix Gasteen will join Votiro’s board as Executive Director, Asia Pacific based in Singapore. Votiro was founded in 2010 by CEO Itay Glick and CTO Aviv Grafi. In addition to its headquarters in Tel Aviv, the company has offices in the US and Singapore.

     

     

     

     
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