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  • 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.

     
  • Yonatan Sredni 3:56 pm on April 21, 2016 Permalink
    Tags: , Israeli online fraud company   

    Online Fraud Prevention Startup Forter Raises $32M 

    ForterApril 21, 2016 | Israeli online fraud prevention company Forter has closed $32 million in Series C funding led by Scale Venture Partners, with participation from Series B investors Sequoia Capital and New Enterprise Associates (NEA). Headquartered in San Francisco, the company maintains its development center in Tel Aviv. Forter helps retailers prevent identity fraud, internet fraud and phone fraud and offers an automated, real-time Decision as a Service solution for online merchants. The company, which was founded in 2014 by CEO Michael Reitblat, COO Liron Damri and Chief Analyst Alon Shemesh, has raised $50 million with this latest financing round and has tripled in size since its founding.

     
  • Yonatan Sredni 3:01 pm on April 21, 2016 Permalink
    Tags: Accellta Ltd, , , HeadSense Medical, ICS2, Israeli startups Red Herring, Leverate, , Optimal Plus, , , , , Shadow Technologies, ,   

    13 Israeli Startups In Red Herring’s Top 100 List 

    RedHerring-logo April 21, 2016 | Every year since 1996, the innovation magazine and news service Red Herring chooses the 100 most promising tech companies, with separate contests for the United States, Europe and Asia.  This year 13 Israeli startups from a variety of fields (Life Sciences/Biotech, Cloud, Medical Devices, Big Data/Storage, Venture Capital/Investing, Web/Internet) made the the 2016 Red Herring Top 100 Europe list: Accellta Ltd,  CloudEndureCropXHeadSense MedicalICS2LeveratemoblinOptimal PlusOurCrowd, Privatequity.biz, Shadow TechnologiesStratoscale, and Zebra Medical Vision. Over the past five years, more than 200 Red Herring winners from around the world have achieved exits, including the Israeli navigation app Waze, which made the Red Herring 100 in 2010.

     
  • Yonatan Sredni 1:23 pm on April 21, 2016 Permalink
    Tags: , Inno-Negev, Israeli accelerator   

    Ben-Gurion University’s Inno-Negev Produces 11 New Start-ups In First Cycle 

    bengurionApril 21, 2016 | Inno-Negev, Ben-Gurion University’s technology accelerator, has successfully concluded its first cycle. Eleven new start-ups were unveiled at the concluding event held at WeWork in the Advanced Technologies Park in Beer-Sheva late last week. The accelerator has demonstrated its importance in promoting cutting-edge innovation and the strength of Beer-Sheva’s entrepreneurial community.  Demo Day showcased the fruits of Inno-Negev’s first cycle – 11 new startups in the fields of communication and information. These 11 initiatives were chosen from 130 teams, which included more than 300 entrepreneurs, most from Beer-Sheva and its environs. The entrepreneurs accepted included BGU students and alumni, alumni of elite IDF technology units and others. 

     
  • Yonatan Sredni 1:04 pm on April 21, 2016 Permalink
    Tags: Hebrew University honorary degree, Singapore - Israel agreements, Singapore - Israel relations, SIngapore's Prime Minister visits Israeli   

    Hebrew University Hosts Singapore’s Prime Minister, Signs Agreements 

    Hebrew U To Take Part In €6M Pain Research Initiative April 21, 2016 |The Prime Minister of Singapore, Lee Hsien Loong, arrived in Israel this week on the first prime ministerial visit since Singapore’s independence 51 years ago and diplomatic relations were established in 1969. The Prime Minister’s first official stop was the Hebrew University of Jerusalem, where he witnessed the signing of three agreements with the Hebrew University, and where the university conferred upon him an honorary doctorate. The agreements that were signed call for the Hebrew University and the Government of the Republic of Singapore, represented by the National Research Foundation, to continue existing collaborations on joint research and development and educational activities of mutual interest, together with Singapore’s universities and research institutions; and for the Hebrew University, together with National University of Singapore (NUS) and Nanyang Technological University (NTU), to pursue and promote collaboration on joint research and development and educational activities of mutual interest.

     
  • Yonatan Sredni 12:44 pm on April 21, 2016 Permalink
    Tags: Israeli innovation center, , Motorola Israel, Motorola Solutions   

    Motorola Solutions Sets Up Israel Innovation Center 

    MotorolaApril 21, 2016 | Motorola Solutions has announced it is establishing a new Innovation Center in Israel. The new center will seek out startup investments in cyber security, mobile technologies, Internet-of-Things, big data analytics and more. Motorola Solutions Chairman and CEO Greg Brown made the announcement during a meeting in Israel with Prime Minister Benjamin Netanyahu. Motorola Solutions Israel Ltd. is based in Airport City near Tel Aviv. The firm develops, manufactures and markets communications infrastructure, devices and solutions for public, private and other environments. Motorola has had a marketing presence in the country since 1948 and was one of the first multinational companies to set up an R&D center in Israel way back in 1964.

     
  • Yonatan Sredni 1:06 pm on April 20, 2016 Permalink
    Tags: Intel fires, , Intel layoffs Israel   

    With Layoffs Looming, Intel Says it’s Committed to Israel 

    intel-logoApril 20, 2016 | Major layoffs are expected at Intel Israel, after the global chip giant Intel Corp. announced that it is cutting 12,000 jobs worldwide, 11% of its workforce. The downsizing comes on the back of a downturn in PC chip sales due to increased use of clouds and smartphones for computer purposes. Intel is Israel’s largest high-tech employer with a staff of 10,000. The company exported $4.1 billion of goods in 2015, 11% of Israel’s high-tech exports, slightly down from $4.25 billion in 2014. Intel in Israel released an official statement saying, “This is a global announcement and we’re studying its implications on the operation in Israel. One thing is certain: Intel will meet the obligations it gave to the Israeli Government.”

     
  • Yonatan Sredni 10:36 am on April 20, 2016 Permalink
    Tags: Israeli contract review startup, Israeli legal startup, , Lawgeex   

    Contract Review Startup LawGeex Raises $2.5M 

    lawgeexApril 20, 2016 | Israeli online contract review platform LawGeex announced today $2.5 million in funding from Lool Ventures and LionBird and angel investors Eilon Tirosh and Rami Lipman. The startup has also launched its online contract review solution free of charge for consumers. Using machine learning, the Israeli startup sets out to “out-lawyer” the lawyers. LawGeex allows consumers to upload any type of contract to its platform and receive, within 24 hours, an in-depth report of what’s good, bad and even missing from their contract. Currently reviewing over 20 types of contracts, the free solution begins with employment agreements, with more contract types to be offered for free in the near future.

     
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