Meir Orbach / CTech
ARTICLES BY: Meir Orbach / CTech
Former Mossad Chief Yossi Cohen Appointed as SoftBank Representative in Israel
The former director of Mossad, Yossi Cohen, has been appointed as the representative of SoftBank's investment fund in Israel. Cohen will likely initiate investments from...
Israeli Fintech Startup Sorbet Completes $21 Million Seed Round
CTech - Sorbet announced on Thursday that it has closed a $21 million financing round -- the biggest seed round for a fintech startup in...
Israeli Cryptocurrency Security Company Fireblocks Sued for Losing $75 Million Worth of Ethereum
CTech - Cryptocurrency company StakeHound has filed a lawsuit against Israeli company Fireblocks, claiming that it lost NIS 245.5 million (approximately $75 million) worth of...
Trump’s Former Treasury Secretary and Ambassador to Israel Are Looking to Invest in the Startup Nation
CTech - The US treasury secretary during the Donald Trump administration, Steven Mnuchin, and the former US ambassador to Israel, David Friedman, are looking to...
‘About 40 Percent of Global Public Transportation Activity Has Yet to Return’: Israeli Transit CEO
CTech - In May 2020, Moovit was sold to Intel for $1 billion. The COVID-19 pandemic started not long beforehand, making it an especially interesting...
Israeli Chip Startup NextSilicon Announces Over $200 Million in Funding and $1.5 Billion Valuation
CTech - Against the backdrop of an ongoing chip crisis and what could be a global shortage lasting years, a new Israeli unicorn aiming to...
Israeli Startup Verbit Reaches Unicorn Status With $157 Million Funding Round
CTech - Israeli startup Verbit, which has developed an AI-powered real-time transcription and captioning platform, announced on Tuesday that it has secured $157 million in...
BlackBerry and Verizon Lead $20 million Investment in Israeli Cybersecurity Startup SAM
CTech – SAM Seamless Network, a network security company for consumers and SMBs, announced on Thursday that it has raised $20 million in series B...
Israel’s Salt Security Raises $70 million, Completes Third Funding Round in Less Than a Year
CTech — API security leader Salt Security announced on Wednesday that it has secured $70 million in series C funding, led by Advent International, one...
Japan’s Largest Insurance Company Investing $36 Million in Israel’s Upstream Security
CTech - Japanese-based insurance giant Mitsui Sumitomo Insurance (MSI) will invest $36 million in Israeli vehicle cybersecurity startup Upstream Security. MSI's investment opens Upstream's series...
Israeli Fashion Startup Zeekit Acquired by Walmart
CTech – Walmart, the world's largest retailer, is acquiring Israeli fashion startup Zeekit for an undisclosed sum. Founded in 2013 by Yael Vizel, Nir Appleboim...
Survey: Israeli Startups Raising Funds Faster, No Longer Dependent on Relocating
CTech - Israeli tech has displayed an impressive ability to quickly adapt during the Covid-19 pandemic, according to a survey of over 200 Israeli early-stage...
Israeli Crypto Startup Simplex Set to Be Acquired for $200-$250 Million by Canada’s Nuvei
CTech - Israeli company Simplex, which provides fiat infrastructure for the cryptocurrency ecosystem, is in advanced negotiations to be acquired by Canadian payment processing giant...
Israel’s Tech Industry Suffers From a Chronic Employee Shortage, Report Warns
CTech - Over 60 percent of Israeli tech startups are reporting a difficulty in recruiting employees for their R&D departments, the 2020 High-Tech Human Capital...
