NoCamels News Flash http://news.nocamels.com ALL THE LATEST ISRAELI INNOVATION NEWS Wed, 02 Sep 2015 13:30:18 +0000 en-US hourly 1 http://wordpress.org/?v=4.1.7 Intel Announces Skylake Processor Produced In Israelhttp://news.nocamels.com/2015/09/02/intel-announces-skylake-processor-produced-in-israel/ http://news.nocamels.com/2015/09/02/intel-announces-skylake-processor-produced-in-israel/#comments Wed, 02 Sep 2015 13:30:18 +0000 http://news.nocamels.com/?p=20484 IntelSeptember 2, 2015 | Intel announced the launch of Skylake, a new family of PC microprocessors that were developed in Israel. With hopes to revive the PC market, Intel has introduced Skylake, a processor that promises to provide double the performance, triple the battery life as well as highly-improved graphics. Israel has been an important innovation center for Intel, which has also developed the Sandy Bridge and Ivy Bridge processors commonly used in today’s computers. Shlomit Weiss, the Vice President of Intel’s Platform Engineering Group, stated that the development is a “game-changer” for the PC market. Intel has a research and development center in Haifa, and produces its chips in Kiryat Gat.

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24 Israeli Startups To Present To Visa Europe Collabhttp://news.nocamels.com/2015/09/02/24-israeli-startups-to-present-to-visa-europe-collab/ http://news.nocamels.com/2015/09/02/24-israeli-startups-to-present-to-visa-europe-collab/#comments Wed, 02 Sep 2015 13:20:54 +0000 http://news.nocamels.com/?p=20481 visaeuropecollabSeptember 2, 2015 | As part of the Visa Europe Collab, 24 Israeli startups will have the opportunity to pitch their technology to the heads of some of the world’s biggest companies at an event next week. Startups in the fintech, retail, cyber security and tourism sectors will be presented with the chance to present their startup to the heads of some of Europe’s largest communications, technology and tourism companies. The 24 Israeli companies that will present were chosen among 200 applicants and include: Biocatch, Bidflyer, Friend of Fraud, among others. The international companies slated to attend include Orange, KLM and AirBnB.

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Valtech To Be Acquired For Up To $800Mhttp://news.nocamels.com/2015/09/02/valtech-to-be-acquired-for-up-to-800m/ http://news.nocamels.com/2015/09/02/valtech-to-be-acquired-for-up-to-800m/#comments Wed, 02 Sep 2015 13:15:01 +0000 http://news.nocamels.com/?p=20478 valtech_logoSeptember 2, 2015 | HeartWare International announced that it has entered into a definitive agreement to acquire Valtech Cardio in a share deal. According to reports, Valtech’s shares could be worth as much as $800 million. Valtech develops a number of non-invasive solutions for the treatment of heart conditions. Valtech was founded in 1996 by CEO Yossi Gross and Yiftach Beinart.

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Teva Releases Migraine Patch In UShttp://news.nocamels.com/2015/09/02/teva-releases-migraine-patch-in-us/ http://news.nocamels.com/2015/09/02/teva-releases-migraine-patch-in-us/#comments Wed, 02 Sep 2015 13:05:12 +0000 http://news.nocamels.com/?p=20476 tevaSeptember 2, 2015 | Teva Pharmaceutical Industries will begin to market ZECUITY, a patch system that provides relief from migraine headaches. The single-use, disposable patch will now be available by prescription in the United States. In order for it to work effectively, ZECUITY must be worn for four-hours on the upper arm or leg. Teva was founded in 1901 and is headed by CEO Erex Vigodman.

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Novocure To Raise $300M On NASDAQhttp://news.nocamels.com/2015/09/02/novocure-to-raise-300m-on-nasdaq/ http://news.nocamels.com/2015/09/02/novocure-to-raise-300m-on-nasdaq/#comments Wed, 02 Sep 2015 12:59:05 +0000 http://news.nocamels.com/?p=20473 novocureSeptember 2, 2015 | The Israeli company marketing a device for the treatment of brain tumors using electric fields, Novocure announced that it will issue an IPO on NASDAQ. The company hopes to raise $300 million at a company valuation of $1 billion, after money. The IPO is being underwritten by JPMorgan, Deutsche Bank and Evercore. Novocure’s electric field therapy for brain tumors has been approved for marketing by the US Food & Drug Administration. The technology was developed at the Technion Israel Institute of Technology by Prof. Yoram Palti.

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IC Power To Issue NYSE IPOhttp://news.nocamels.com/2015/09/02/ic-power-to-issue-nyse-ipo/ http://news.nocamels.com/2015/09/02/ic-power-to-issue-nyse-ipo/#comments Wed, 02 Sep 2015 12:53:51 +0000 http://news.nocamels.com/?p=20471 icpowerlogoSeptember 2, 2015 |  The power stations company IC Power, owned by Idan Ofer, filed a draft prospectus with the US Securities and Exchange Commission to file an IPO on the New York Stock Exchange (NYSE). The company has yet to publish its company value for the offering, but the prospectus reveals that IC Power plans to raise a maximum of $100 million. IC Power is an electricity company operating in Latin America and Israel.

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ForeScout Seeks 100 Cyber Security Experts For TLV Officehttp://news.nocamels.com/2015/09/02/forescout-seeks-100-cyber-security-experts-for-tlv-office/ http://news.nocamels.com/2015/09/02/forescout-seeks-100-cyber-security-experts-for-tlv-office/#comments Wed, 02 Sep 2015 12:38:38 +0000 http://news.nocamels.com/?p=20469 ForeScoutSeptember 2, 2015 | The Israeli cyber security company ForeScout Technologies announced that it plans to expand its Tel Aviv office and to hire 100 additional cyber security experts. The announcement comes just days after ForeScout revealed its plans to issue an initial public offering on NASDAQ. ForeScout is currently based out of Campbell, California, but has its research and development apparatus in Tel Aviv. ForeScout was founded in 2000 by Oded Comay, Dror Comay, Hezy Yeshurun, Ori Naishtein and Doron Shikmoni.

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Israel Granted Access To Euronexthttp://news.nocamels.com/2015/09/02/israel-granted-access-to-euronext/ http://news.nocamels.com/2015/09/02/israel-granted-access-to-euronext/#comments Wed, 02 Sep 2015 12:33:08 +0000 http://news.nocamels.com/?p=20465 euronextSeptember 2, 2015 | Israeli trading firms will now have access to Euronext’s cash and derivatives market, the largest exchange in the Eurozone. The agreement will allow for Israeli firms to trade cash and derivatives on regulated markets that are operated by Euronext. In addition, Euronext will be able to promote its products and services with Israeli companies. Euronext is seated in five European cities including: Amsterdam, London, Brussels, Lisbon and Paris.

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IDC Signs Cooperation Agreement With Chinese Schoolshttp://news.nocamels.com/2015/09/02/idc-signs-cooperation-agreement-with-chinese-schools/ http://news.nocamels.com/2015/09/02/idc-signs-cooperation-agreement-with-chinese-schools/#comments Wed, 02 Sep 2015 12:26:21 +0000 http://news.nocamels.com/?p=20462 idclogoSeptember 2, 2015 | The Interdisciplinary Center in Herzliya has signed a cooperation agreement with academic institutions in China. The IDC signed an agreement with authorities in China to begin cooperation between the institution and the Central Communist School in China. The IDC joins other Israeli universities, like the Hebrew University, Tel Aviv University and others in partnerships with Chinese educational institutions.

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IAI To Establish National Network For Cyber Informationhttp://news.nocamels.com/2015/09/02/iai-to-establish-national-network-for-cyber-information/ http://news.nocamels.com/2015/09/02/iai-to-establish-national-network-for-cyber-information/#comments Wed, 02 Sep 2015 12:18:52 +0000 http://news.nocamels.com/?p=20460 iailogoSeptember 2, 2015 | Israel Aerospace Industries (IAI) was awarded a contract from the Israel National Cyber Bureau, part of the Prime Minister’s Office, for the sharing of real-time cyber information. IAI is being asked to create a platform that will allow for the real-time sharing of operational information between organizations in regard to cyber incidents. The information will also be shared with CERT (Cyber Event Readiness Team) in order to better prepare and address for a potential cyber attack. IAI was founded in 1953 by Al Schwimmer and former President Shimon Peres.

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Two Israelis Make MIT’s “Top 35 Innovators Under 35″http://news.nocamels.com/2015/09/02/two-israelis-make-mits-top-35-innovators-under-35/ http://news.nocamels.com/2015/09/02/two-israelis-make-mits-top-35-innovators-under-35/#comments Wed, 02 Sep 2015 12:13:27 +0000 http://news.nocamels.com/?p=20458 MIT logoSeptember 2, 2015 | Two Israelis have been chosen as part of the Massachusetts Institute of Technology’s (MIT’s) prestigious list of the “Top 35 Innovators Under 35″. Cigall Kadoch, a doctoral student at Stanford, was chosen for her research into the biochemistry of cancer. The other Israeli chosen was Gilad Evrony, a Havard Medical School researcher exploring genome sequencing to better understand brain function. The list has sported Israeli names in the past, most recently Israeli predictive analytics “prodigy” Kira Radinsky. MIT’s list is complied on a yearly basis and in the past has included such important innovators as Larry Page, Sergey Brin and Mark Zuckerberg, among others.

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PayPal Announces Peer-To-Peer Paymentshttp://news.nocamels.com/2015/09/02/paypal-announces-peer-to-peer-payments/ http://news.nocamels.com/2015/09/02/paypal-announces-peer-to-peer-payments/#comments Wed, 02 Sep 2015 12:03:28 +0000 http://news.nocamels.com/?p=20456 paypallogoSeptember 2, 2015 | PayPal announced a new service for peer-to-peer payments, as well as a premium payment service called PayPal.Me. The peer-to-peer payment service will allow users to create their own URL for payments and to share it through social media channels. The service was developed in Israel with the goal of competing with Venmo. PayPal was founded in 1998 and has a research and development office in Israel.

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Amazon Hires MobCo To Roll Out India Apphttp://news.nocamels.com/2015/09/01/amazon-hires-mobco-to-roll-out-india-app/ http://news.nocamels.com/2015/09/01/amazon-hires-mobco-to-roll-out-india-app/#comments Tue, 01 Sep 2015 13:22:15 +0000 http://news.nocamels.com/?p=20453 mobcologoSeptember 1, 2015 | The mobile monetization firm MobCo Media was selected by Amazon to share information about its new app with customers in India. MobCo will market Amazon’s app, which includes encouraging users to download the app and use it make purchases. It is estimated that Amazon has some $2 billion invested in India and that it is the ecommerce company’s second largest market outside of the United States. MobCo was founded in 2011 by Tomer Hen.

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Meerkat Introduces New Featureshttp://news.nocamels.com/2015/09/01/meerkat-introduces-new-features/ http://news.nocamels.com/2015/09/01/meerkat-introduces-new-features/#comments Tue, 01 Sep 2015 12:55:57 +0000 http://news.nocamels.com/?p=20451 Meerkat logoSeptember 1, 2015 | The Israeli-created live-streaming app Meerkat announced that it will roll out new features that include the ability to share photos during a stream and to search for streams according to hashtags. In addition, Meerkat has introduced a feature that makes it possible to issue a poll during live-streaming. “That means you can write, ‘poll, space,’ and then whatever question you want,” said Meerkat cofounder and CEO Ben Rubin. Meerkat was founded in 2012 by Ben Rubin, Uri Haramati, Roi Tirosh and Itai Danino.

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Report: Pontifax Raising $100M AgTech Fundhttp://news.nocamels.com/2015/09/01/report-pontifax-raising-100m-agtech-fund/ http://news.nocamels.com/2015/09/01/report-pontifax-raising-100m-agtech-fund/#comments Tue, 01 Sep 2015 12:51:54 +0000 http://news.nocamels.com/?p=20448 pontifaxSeptember 1, 2015 | According to a “Calcalist” report, the Israeli venture capital firm Pontifax is seeking to raise $100 million for the creation of a new fund, Pontifax AgTech. The new fund will reportedly invest in agricultural technology and food technology startups in Israel and the United States. Reports assert that Pontifax is expected to close financing for the fund in March 2016. Pontifax AgTech will work closely with Pontifax’s other venture capital funds, namely the fund investing in biotechnology startups. Pontifax was founded in 2004 by Ran Nussbaum and Tomer Kariv.

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LabStyle Innovation Raises $2.5Mhttp://news.nocamels.com/2015/09/01/labstyle-innovation-raises-2-5m/ http://news.nocamels.com/2015/09/01/labstyle-innovation-raises-2-5m/#comments Tue, 01 Sep 2015 12:30:36 +0000 http://news.nocamels.com/?p=20444 labstyleinnovationsSeptember 1, 2015 | The inventors of the Dario Diabetes Management Solution, LabStyle Innovations announced that it closed a $2.5 million funding round. The funding will reportedly be used to support the global roll out Dario as well as for working capital solutions. Dario’s cloud-based diabetes management solution has already received medical approval in Canada and is currently awaiting approval in the United States. LabStyle Innovations was founded in 2012 and is headquartered in Newark, Delaware.

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Tel Aviv To Host Casual Connecthttp://news.nocamels.com/2015/09/01/tel-aviv-to-host-casual-connect/ http://news.nocamels.com/2015/09/01/tel-aviv-to-host-casual-connect/#comments Tue, 01 Sep 2015 12:07:08 +0000 http://news.nocamels.com/?p=20442 casual-connectSeptember 1, 2015 | Israel will host one of the largest series of gaming conferences in the world, Casual Connect. Israeli company Playtika is partnering with Casual Games Association to bring the Casual Connect conference to Tel Aviv on October 19-21. The conference organizers hope to attract a large and diverse crowd, with some 1,500 gaming executives and experts and 700 companies expected to attend. As part of the agreement, Tel Aviv will be added to Casual Connect’s yearly roster of events with the likes of San Francisco, Singapore and Amsterdam. “We’ve been following the Israeli Gaming industry for a while and there is no doubt that Israel has become a global powerhouse in the category,” said Casual Games Association managing director Jessica Tams.

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RR Media To Be Acquired For $250Mhttp://news.nocamels.com/2015/09/01/rr-media-to-be-acquired-for-250m/ http://news.nocamels.com/2015/09/01/rr-media-to-be-acquired-for-250m/#comments Tue, 01 Sep 2015 12:01:34 +0000 http://news.nocamels.com/?p=20440 rr-logoSeptember 1, 2015 | The Luxembourg-based global satellite provider SES is in talks to acquire Israeli digital media services company RR Media for $250 million. RR Media provides digital media and networking services to clients such as: Fox International, the NFL, MTV, Nickelodeon, Disney, the Dish Network and more. RR Media was founded in 1981 by David Rivel and today is headed by CEO Avi Cohen.

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Cellebrite, Vodafone Sign $10M Dealhttp://news.nocamels.com/2015/08/31/cellebrite-vodafone-sign-10m-deal/ http://news.nocamels.com/2015/08/31/cellebrite-vodafone-sign-10m-deal/#comments Mon, 31 Aug 2015 14:10:41 +0000 http://news.nocamels.com/?p=20437 cellebriteAugust 31, 2015 | The Israeli cellular technology company Cellebrite announced that it signed an agreement to provide Vodafone with solutions in diagnostics and cellular data worth $10 million. Vodafone is a long-time client of Cellebrite’s and the latest deal will simply increase the number of services that Vodafone will receive. In addition, Cellebrite will work on projects and provide support in all of the countries that Vodafone operates. Cellebrite was founded in 1999 by Yossi Carmil.

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ForeScout To Issue NASDAQ IPOhttp://news.nocamels.com/2015/08/31/forescout-to-issue-nasdaq-ipo/ http://news.nocamels.com/2015/08/31/forescout-to-issue-nasdaq-ipo/#comments Mon, 31 Aug 2015 14:05:14 +0000 http://news.nocamels.com/?p=20435 ForeScoutAugust 31, 2015 | The Israeli cyber security company ForeScout is set to issue an IPO on NASDAQ. Though the amount that ForeScout plans to raise, as well as the company value, were not revealed, ForeScouts CEO Mike DeCesare stated to Bloomberg that the company hopes to reach $150 million in revenues this year. The current market has seen a rise in the value of cyber security stocks, including Israeli company CyberArk’s, which ForeScout reportedly hopes to maximize on. ForeScout was founded in 2000 and is based in Campbell, California.

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Center For Digital Innovation Established At Gav Yamhttp://news.nocamels.com/2015/08/31/center-for-digital-innovation-established-at-gav-yam/ http://news.nocamels.com/2015/08/31/center-for-digital-innovation-established-at-gav-yam/#comments Mon, 31 Aug 2015 13:49:50 +0000 http://news.nocamels.com/?p=20432 gavyamlogoAugust 31, 2015 | A new center for digital innovation in health has been inaugurated at the Gav Yam Technology Park in the Negev. The Center for Digital Innovation (CDI), as it is called, is tasked with the creation and development of technologies in the digital health sector together with the nearby Ben Gurion University. The CDI will also provide startups a location to work from, as well as laboratories and health databases, among other services. CDI will act as a company for the benefit of the public.

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SanDisk To Hire 90 For R&D Team In Israelhttp://news.nocamels.com/2015/08/31/sandisk-to-hire-90-for-rd-team-in-israel/ http://news.nocamels.com/2015/08/31/sandisk-to-hire-90-for-rd-team-in-israel/#comments Mon, 31 Aug 2015 13:10:45 +0000 http://news.nocamels.com/?p=20430 SanDisk

August 31, 2015 | The flash memory storage company SanDisk announced that the company seeks to hire 90 additional employees in Israel. New potential employees will join SanDisk’s R&D team, in fields ranging from validation to firmware engineers. SanDisk, which acquired Dov Moran’s USB flash drive technology in 2006, currently employs 650 in its three locations in Israel: Tel Aviv, Omer and Tefen.

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TAP Tech Behind Vietnam’s Largest Greenhousehttp://news.nocamels.com/2015/08/31/tap-tech-behind-vietnams-largest-greenhouse/ http://news.nocamels.com/2015/08/31/tap-tech-behind-vietnams-largest-greenhouse/#comments Mon, 31 Aug 2015 13:02:02 +0000 http://news.nocamels.com/?p=20427 taplogoAugust 31, 2015 | The Vietnamese company VinGroup’s subsidary VinEco has begun the construction of the largest greenhouse in Vietnam using Israeli technology. The 24.5 hectare greenhouse in the northern Vinh Phuc province will be the largest in Vietnam and is expected to provide 3,500 tons of fresh vegetables every year. Teshuva Agricultural Projects (TAP), an Israeli company, is VinEco’s partner in the construction of the project and will also provide its Microgreen technology to produce hygienic sprouts. This is TAP’s first project in Vietnam.

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Report: McCann Erickson Invests $15M In TheTimehttp://news.nocamels.com/2015/08/30/report-mccann-erickson-invests-15m-in-thetime/ http://news.nocamels.com/2015/08/30/report-mccann-erickson-invests-15m-in-thetime/#comments Sun, 30 Aug 2015 12:54:08 +0000 http://news.nocamels.com/?p=20425 TheTimeAugust 30, 2015 | According to reports, McCann Erickson will increase its investment in the Israeli venture capital firm TheTime by $10-$15 million. The funds will be used by TheTime to invest in Israeli startups and companies. Previously in control of 11 percent of the company, the global marketing and advertising firm will increase its share with the investment to between 25-30 percent. TheTime is controlled by Ilan Shiloach together with Nir Tarlovsky and Uri Weinheber.

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Safe-T To Issue $15M TASE IPOhttp://news.nocamels.com/2015/08/30/safe-t-to-issue-15m-tase-ipo/ http://news.nocamels.com/2015/08/30/safe-t-to-issue-15m-tase-ipo/#comments Sun, 30 Aug 2015 12:48:07 +0000 http://news.nocamels.com/?p=20420 safe-t-logoAugust 30, 2015 | The Israeli cyber security company Safe-T submitted a prospectus with the Israel Securities Authority and the Tel Aviv Stock Exchange for a $15 million IPO. The value the company is attempting to raise is higher than previous estimates and would value the company at $70 million before money. The underwriter for the IPO is Clal Finance Underwriting. Safe-T was founded in 2007 by Chief Software Officer Amir Mizhar.

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Augury Raises $7Mhttp://news.nocamels.com/2015/08/30/augury-raises-7m/ http://news.nocamels.com/2015/08/30/augury-raises-7m/#comments Sun, 30 Aug 2015 12:37:28 +0000 http://news.nocamels.com/?p=20417 augury_logo_largeAugust 30, 2015 | The Israeli predicative machine diagnostics company Augury announced that it raised $7 million in Series A funding. The round was led by Formation 8 Hardware Fund together with Pritzker Group Venture Capital and existing investors First Round Capital and Lerer Hippeau Ventures. The funding will be used by the company to accelerate its product development, to expand sales and marketing and to support the company’s growth. Aurgury was founded in 2011 by Gal Shaul and Saar Yoskovitz and has offices in Haifa and New York.

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Trendlines Establishes Branch In Singaporehttp://news.nocamels.com/2015/08/30/trendlines-establishes-branch-in-singapore/ http://news.nocamels.com/2015/08/30/trendlines-establishes-branch-in-singapore/#comments Sun, 30 Aug 2015 12:22:19 +0000 http://news.nocamels.com/?p=20415 TrendlinesAugust 30, 2015 | The Israel-based venture capital firm and incubator Trendlines Group has opened a branch in Singapore. Trendlines hopes to help Singaporean medical technology companies develop their product for commercialization in larger markets, like the United States and China. In addition, there are reports that Trendlines Group is interested in issuing an initial public offering on a Singapore Exchange in November, which would value the company at between $80-$100 million. Trendlines Group was founded in 2007 and has about 50 startups in its portfolio of medical and agricultural technology companies.

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Nigeria Turns To Israel For Water Techhttp://news.nocamels.com/2015/08/30/nigeria-turns-to-israel-for-water-tech/ http://news.nocamels.com/2015/08/30/nigeria-turns-to-israel-for-water-tech/#comments Sun, 30 Aug 2015 12:05:06 +0000 http://news.nocamels.com/?p=20412 israelnigeriaAugust 30, 2015 | The Nigerian Federal Government announced plans to partner with Israel to address water and environmental challenges in the country. The decision regarding the agreement was taken at a joint conference between the Israeli Embassy in Nigeria and the ministries of water management and the environment. The Nigerian government expressed interest in Israel’s desalination technology as well as other water management and irrigation technologies. Israel and Nigeria reestablished diplomatic relations in 1992.

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WERPO To Construct Wave Power Plants In Sri Lankahttp://news.nocamels.com/2015/08/27/werpo-to-construct-wave-power-plants-in-sri-lanka/ http://news.nocamels.com/2015/08/27/werpo-to-construct-wave-power-plants-in-sri-lanka/#comments Thu, 27 Aug 2015 12:10:35 +0000 http://news.nocamels.com/?p=20409 werpoAugust 27, 2015 | The Israeli ocean wave energy company Wave Energy Renewal Power Ocean (WERPO) announced that it has entered into a venture with Help Mankind to set up wave-based power plants in Sri Lanka. As part of the agreement, WERPO will construct a number of wave-based power plants throughout Sri Lanka, with WERPO responsible for the technical matters and construction of the product. WERPO was founded in 2014 together with existing wave power-generating firm SDE. WERPO now holds the rights for SDE’s technology, property, IP, contracts and subsidiaries.

 

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Docady Raises $1.5Mhttp://news.nocamels.com/2015/08/27/docady-raises-1-5m/ http://news.nocamels.com/2015/08/27/docady-raises-1-5m/#comments Thu, 27 Aug 2015 11:51:51 +0000 http://news.nocamels.com/?p=20406 docadyAugust 27, 2015 | The Israeli-created app for storing and managing documents, Docady announced that it raised $1.5 million in funding. Pitango Ventures, Disruptive VC, Eilon Tirosh and others participated in the funding round. Docady will use the funding to expand the app’s presence to Android and to develop additional features. Docady was founded in 2014 by Nadav Naaman.

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Report: Viola To Invest $28.4M In Itamar Medicalhttp://news.nocamels.com/2015/08/27/report-viola-to-invest-28-4m-in-itamar-medical/ http://news.nocamels.com/2015/08/27/report-viola-to-invest-28-4m-in-itamar-medical/#comments Thu, 27 Aug 2015 11:30:38 +0000 http://news.nocamels.com/?p=20403 Itamar_LogoAugust 27, 2015 | According to reports in “TheMarker”, Itamar Medical, an Israeli biomed company, announced that Viola Private Equity will invest $28.4 million in the company. As a result of the deal, Viola is set to become the largest shareholder in Itamar Medical. Viola will attempt to accelerate Itamar’s growth and to maximize the potential of its medical products. Itamar Medical was founded in 1998 and is based in Caesaria, Israel.

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Velostrata Raises $14M In Series A Fundinghttp://news.nocamels.com/2015/08/27/velostrata-raises-14m-in-series-a-funding/ http://news.nocamels.com/2015/08/27/velostrata-raises-14m-in-series-a-funding/#comments Thu, 27 Aug 2015 11:04:53 +0000 http://news.nocamels.com/?p=20400 velostrataAugust 27, 2015 | The hybrid cloud software provider Velostrata announced that it raised $14 million in Series A funding. The round was led by Norwest Venture Partners together with Greylock IL (83North). The company reportedly plans to use the funding to continue the development of its product and to grow its sales, marketing and support teams in the United States and Europe. In addition, the company released its product from stealth mode. Velostrata was founded in 2014 by CEO Issy Ben-Shaul and Chief Product Officer Ady Degany. The company is headquartered in San Jose, California.

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DiACardio Wins Global Startup Competitionhttp://news.nocamels.com/2015/08/27/diacardio-wins-global-startup-competition/ http://news.nocamels.com/2015/08/27/diacardio-wins-global-startup-competition/#comments Thu, 27 Aug 2015 10:44:40 +0000 http://news.nocamels.com/?p=20397 diacardioAugust 27, 2015 | The Israeli startup DiACardio took first place in a global innovation startup competition held in Beijing. DiACardio develops software that helps improve the reading and analysis of echocardiograms. As winners of the competition, DiACardio received a cash prize of $200,000 as well as the opportunity to meet with some of China’s largest tech companies, including Alibaba, Tencent, Baidu and Xiaomi. DiaCardio was selected from 21 finalists in the competition, three of which were Israeli startups. DiACardio was founded in 2009 by Hila Goldman-Aslan.

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Houzz Acquires GardenWebhttp://news.nocamels.com/2015/08/26/houzz-acquires-gardenweb/ http://news.nocamels.com/2015/08/26/houzz-acquires-gardenweb/#comments Wed, 26 Aug 2015 12:55:34 +0000 http://news.nocamels.com/?p=20395 Home Design App Developer Houzz Raises $35MAugust 26, 2015 | The community home design platform Houzz announced that it has acquired GardenWeb, a garden and home community website, from NBCUniversal. The acquisition amount was not disclosed. GardenWeb is an iVillage website and was acquired by NBC in 2006. Houzz has already begun to introduce GardenWeb’s content on its website. Houzz has raised $213.6 million in four rounds of funding. Houzz was founded in 2009 by Alon Cohen and Adi Tatarko.

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IAI To Supply Cyber Training Center In Japanhttp://news.nocamels.com/2015/08/26/iai-to-supply-cyber-training-center-in-japan/ http://news.nocamels.com/2015/08/26/iai-to-supply-cyber-training-center-in-japan/#comments Wed, 26 Aug 2015 12:32:31 +0000 http://news.nocamels.com/?p=20393 iailogoAugust 26, 2015 | Israeli Aerospace Industries signed a contract to supply Dai Nippon Printing (DNP) in Tokyo with its TAME™ Range, a Cyber Range training platform. As part of the agreement, DNP, a leader in publication printing, documentation security and software security products in Japan and around the world, will become a reseller of IAI’s Cyber Range in Japan. TAME™Range allows a realistic cyber warfare training environment to improve the cyber awareness and readiness of cyber defenders. IAI was founded in 1953 by Al Schwimmer and former Israeli President Shimon Peres.

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Israel Launches Satellite-Building Competition For Youthhttp://news.nocamels.com/2015/08/26/israel-launches-satellite-building-competition-for-youth/ http://news.nocamels.com/2015/08/26/israel-launches-satellite-building-competition-for-youth/#comments Wed, 26 Aug 2015 11:56:42 +0000 http://news.nocamels.com/?p=20391 ministryofscienceAugust 26, 2015 | The Israeli Ministry of Science, Technology and Space and the Israel Space Agency will host a model satellite building contest for Israeli youth. The contest will take place July 23- August 30, asking 12-15-year-olds to submit their ideas for a prototype satellite and an original mission for the object. The contest is being held as part of the “Space Ambassadors” program.

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TAU, Miami-Dade Sign Knowledge-Sharing Agreementhttp://news.nocamels.com/2015/08/26/tau-miami-dade-sign-knowledge-sharing-agreement/ http://news.nocamels.com/2015/08/26/tau-miami-dade-sign-knowledge-sharing-agreement/#comments Wed, 26 Aug 2015 11:52:05 +0000 http://news.nocamels.com/?p=20389 tel aviv universityAugust 26, 2015 | Tel Aviv University’s Entrepreneurship Center (StarTau) and The Idea Center at Miami-Dade College signed a knowledge-sharing agreement. The agreement will enhance Miami’s entrepreneurship ecosystem and help link Israel’s startup industry to resources and people in Miami. Nearly 30 dignitaries attended the signing ceremony including Miami-Dade’s president and Oren Simanian, the founder of StarTau. The agreement is a product of a Knight Foundation-sponsored trip to Israel that was organized by Project Interchange.

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Lockheed Employs Israeli Tech In Airplane Modelshttp://news.nocamels.com/2015/08/25/lockheed-employs-israeli-tech-in-airplane-models/ http://news.nocamels.com/2015/08/25/lockheed-employs-israeli-tech-in-airplane-models/#comments Tue, 25 Aug 2015 12:20:41 +0000 http://news.nocamels.com/?p=20387 lockheedmartinlogoAugust 25, 2015 | Israeli company Hexagon Metrology will provide Lockheed Martin with an optical inspection system for some of its airplane models. The order, worth $603,000, will install 3D White Light testing systems in certain Lockheed models. The technology was developed by CogniTens, an Israeli company that was founded in 1995 by Mobileye founder and investor Amnon Shashua. The technology sold to Hexago Metrology in 2007.

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Isracard To Cooperate With Dorbilhttp://news.nocamels.com/2015/08/25/isracard-to-cooperate-with-dorbil/ http://news.nocamels.com/2015/08/25/isracard-to-cooperate-with-dorbil/#comments Tue, 25 Aug 2015 12:01:21 +0000 http://news.nocamels.com/?p=20384 isracardAugust 25, 2015 | Isracard, a leading credit card company in Israel, announced that it will enter into a partnership with Israeli startup “Dorbil”. Dorbil’s NEIGHBOR app allows for the organization of building management systems and is a home payment platform. Isracard reportedly plans to integrate the application into its range of services.

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Shenkar Rated 11th Best School For Fashionhttp://news.nocamels.com/2015/08/25/shenkar-rated-11th-best-school-for-fashion/ http://news.nocamels.com/2015/08/25/shenkar-rated-11th-best-school-for-fashion/#comments Tue, 25 Aug 2015 11:47:11 +0000 http://news.nocamels.com/?p=20381 shenkarlogoAugust 25, 2015 | The Israeli design school, Shenkar College of Engineering, Design and Art was rated among the best undergraduate fashion programs in the world. The ranking, complied by “Business of Fashion”, put Shenkar in 11th place of 21 schools rated. In addition, the school was rated 5th for its influence on global fashion trends. “Business of Fashion” wrote, “Shenkar blends both the technical and conceptual in its curriculum. Graduates leave the college feeling equipped for a profession in the fashion industry.” Notable Israeli fashion designers Alber Elbaz and Kobi Halperin are former Shenkar students of fashion.

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dapulse Raises $2.6Mhttp://news.nocamels.com/2015/08/25/dapulse-raises-2-6m/ http://news.nocamels.com/2015/08/25/dapulse-raises-2-6m/#comments Tue, 25 Aug 2015 11:40:11 +0000 http://news.nocamels.com/?p=20377 dapulseAugust 25, 2015 | dapulse, an SaaS project management solution provider, announced that it raised $2.6 million in its first part of Series A funding. Genesis Partners and Entree Capital lead the round that is still on-going and raising funds. dapulse has seen significantly growth over the last 18 months, with its customer base growing to 1,800, serving companies like WeWork and Discovery. dapulse was founded in 2012 by Eran Kampf, Eran Zinman and Roy Man.

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Report: Deutsche Telekom To Invest €100M In Israeli Startupshttp://news.nocamels.com/2015/08/25/report-deutsche-telekom-to-invest-e100m-in-israeli-startups/ http://news.nocamels.com/2015/08/25/report-deutsche-telekom-to-invest-e100m-in-israeli-startups/#comments Tue, 25 Aug 2015 11:33:33 +0000 http://news.nocamels.com/?p=20374 deutschetelekomAugust 25, 2015 | According to a report in “TheMarker”, the German telecommunications giant Deutsche Telekom will invest € 100 million in Israeli high-tech in the coming years. The company will invest through its venture capital arm, and the investment process will be led by Guy Horowitz, the former CEO of Deutsche Telekom in Israel. In addition, Amit Keren has been appointed to the position of business developer for Deutsche Telekom in Israel. Deutsche Telekom is headquarted in Bonn, Germany and is headed by CEO and Chairman Timotheus Hotteges.

 

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Navidea To Issue Dual Listing On TASEhttp://news.nocamels.com/2015/08/25/navidea-to-issue-dual-listing-on-tase/ http://news.nocamels.com/2015/08/25/navidea-to-issue-dual-listing-on-tase/#comments Tue, 25 Aug 2015 09:56:33 +0000 http://news.nocamels.com/?p=20371 navidealogoAugust 25, 2015 | Navidea Biopharmaceuticals announced that it would register its shares in a dual listing on the Tel Aviv Stock Exchange (TASE). The biopharmaceutical company that produces precision diagnostics, therapeutics and radiopharmaceutical agents is already listed on the New York Stock Exchange. Dual listing on the TASE is allowed in the United States and Israel without any additional regulatory requirements. Navidea Biopharmaceuticals is headquartered in Ohio.

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Redis Founder Joins Israeli Startup Redis Labshttp://news.nocamels.com/2015/08/24/redis-founder-joins-israeli-startup-redis-labs/ http://news.nocamels.com/2015/08/24/redis-founder-joins-israeli-startup-redis-labs/#comments Mon, 24 Aug 2015 12:59:33 +0000 http://news.nocamels.com/?p=20368 redislabslogoAugust 24, 2015 | According to a “Geektime” report, the inventor of the Redis database, Salvatore Sanfilippo has joined the Israeli company Redis Labs. At the company, he will lead the open source development of the product, “Redis Cloud” for users in Israel and Silicon Valley. According to Sanfilippo, Redis Labs is “the only significantly sized team of Redis core experts.” Redis Labs was founded in 2011 by Ofer Bengal and Yiftach Shoolman.

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Annual Wikimedia Hackathon To Take Place In Jerusalemhttp://news.nocamels.com/2015/08/24/annual-wikimedia-hackathon-to-take-place-in-jerusalem/ http://news.nocamels.com/2015/08/24/annual-wikimedia-hackathon-to-take-place-in-jerusalem/#comments Mon, 24 Aug 2015 12:52:13 +0000 http://news.nocamels.com/?p=20365 wikimediaAugust 24, 2015 | The Wikimedia Foundation in Israel has been chosen by the global branch of the organization to produce and manage the annual hackathon event. The hackathon event, in which 200 developers, programmers, systems managers and tech fans come together to develop new parts of Media Wiki that powers Wikipedia, will take place in Jerusalem in March-April 2016. A number of leading figures in the Wikimedia Foundation are also slated to attend the event next year.

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Teva Naot Opens Fourth Store In Japanhttp://news.nocamels.com/2015/08/24/teva-naot-opens-fourth-store-in-japan/ http://news.nocamels.com/2015/08/24/teva-naot-opens-fourth-store-in-japan/#comments Mon, 24 Aug 2015 12:40:28 +0000 http://news.nocamels.com/?p=20362 teva-naot-logoAugust 24, 2015 | The Israeli shoe and sandal manufacturer Teva Naot announced that it will open its fourth Japanese retail branch in Tokyo. The Israeli company reports that it will invest $300,000 in the opening of the store. This is the third Teva Naot store in Tokyo with another located in Nara. In addition, Teva Naot recently signed a distribution agreement with one of the largest retailers in South Korea HLMC.

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Ceva Enters Wearable Tech Markethttp://news.nocamels.com/2015/08/23/ceva-enters-wearable-tech-market/ http://news.nocamels.com/2015/08/23/ceva-enters-wearable-tech-market/#comments Sun, 23 Aug 2015 13:16:41 +0000 http://news.nocamels.com/?p=20360 ceva-sgAugust 23, 2015 | The provider of chip design technologies Ceva announced that it signed an agreement with chip company NXP for the production of Internet of Things technologies. According to the agreement, Ceva’s Bluetooth technology will be included in NXP’s chip series designed for wearable technologies. Ceva’s technology supports the entire range of Bluetooth standards and saves energy, with the goal of increasing the battery life of wearable technology. Ceva is based in Herzliya and was founded in 2002.

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Noris Medical Moves Headquarters To New Yorkhttp://news.nocamels.com/2015/08/23/noris-medical-moves-headquarters-to-new-york/ http://news.nocamels.com/2015/08/23/noris-medical-moves-headquarters-to-new-york/#comments Sun, 23 Aug 2015 11:43:14 +0000 http://news.nocamels.com/?p=20357 norismedicalAugust 23, 2015 | The Israeli dental implant company Noris Medical announced that it will move its headquarters to Western New York as part of a partnership with a local company. Noris Medical and Evolve, a medical productions distribution arm of Evolution Dental, will share an office space as part of a distribution agreement signed between the two companies. Noris Medical is also considering setting up a manufacturing plant at the site of the office. Noris Medical’s current headquarters and main R&D center are located in the Israeli city of Nesher.

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Mobileye’s Tech Powers Tesla Model Shttp://news.nocamels.com/2015/08/23/mobileyes-tech-powers-tesla-model-s/ http://news.nocamels.com/2015/08/23/mobileyes-tech-powers-tesla-model-s/#comments Sun, 23 Aug 2015 11:13:26 +0000 http://news.nocamels.com/?p=20355 MobileyeAugust 23, 2015 | Israeli company Mobileye is providing the collision prevention technology in Tesla’s Model S vehicle that is set to hit roads this week. The automated driving functions available in the Model S are based on Mobileye’s technology. Drivers will be able to let go of the wheel knowing that their Mobileye system will let them know when they are nearing a potential collision, and the car’s navigation system will direct the car to drive to a specified destination. Mobileye was founded in 1999 by Ziv Aviram and Amnon Shashua.

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AppInside Raises $2.3M In Seed Fundinghttp://news.nocamels.com/2015/08/23/appinside-raises-2-3m-in-seed-funding/ http://news.nocamels.com/2015/08/23/appinside-raises-2-3m-in-seed-funding/#comments Sun, 23 Aug 2015 10:47:36 +0000 http://news.nocamels.com/?p=20352 appinsideAugust 23, 2015 | The Israeli app security platform AppInside announced that it raised $2.3 million in seed funding from Accomplice. As part of the deal, AppInside will move its headquarters to Boston, while its engineering team will remain in Tel Aviv. AppInside was founded in 2014 by CEO Elon Ohevya and COO Tom Livne.

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