CTech’s Daily Israeli Tech News Roundup
Seeking to force changes at Mellanox, activist investor Starboard met with Israeli investors. Building on TopSpin acquisition, Fidelis Cybersecurity launches intelligent deception module
Seeking to force changes at Mellanox, activist investor Starboard met with Israeli investors. Representatives from the New York-based hedge fund visited Israel last week to meet with some of the major shareholders of the Israel-based chip maker, including institutional investors, two people familiar with the matter who spoke on conditions of anonymity told Calcalist. Read more
Mellanox CEO Eyal Waldman. Photo: Orel Cohen Building on TopSpin acquisition, Fidelis Cybersecurity launches intelligent deception module. TopSpin developed a system that uses web traffic analysis to discover and map cyber activities and create and distribute decoy devices. The decoys are then used to raise alerts and gather information on hacking techniques. Read more
Israel’s retail tech scene is booming. JVP, the Neilsen Innovation Fund, Deloitte, and Israeli retail innovation platform The Shelf published a map of the Israeli retail technology landscape, featuring the sector’s 100 “most promising startups.” Read more
Israeli investors side with Elliot fund, demand board reforms in probed Israeli telecom provider. Earlier this month, Elliot called for a sweeping corporate governance reform of Bezeq. Thursday, three of Bezeq’s Israeli institutional shareholders sent a letter to interim chairman David Granot, calling for an in-depth review of Bezeq’s corporate governance, and for the creation of a formal election process for board members. Read more
SEC hires an Israel-based lawyer to handle Mobileye insider trading investigation. In November, the SEC asked for the Israeli authorities' assistance in obtaining witness testimonials from five Israeli residents. Read more
Israeli digital stethoscope startup Tyto Care raises $21 million. The investment round was led by an undisclosed Chinese investor. Tyto Care’s system is capable, among other things, of remotely measuring a patient’s temperature and examining their throat, ears, heart, and lungs. Read more
Tel Aviv-based railway cybersecurity startup Cylus raises $4.7 million in seed round. “Current approaches to cybersecurity do not fit the architecture of railway networks today,” said Cylus CEO Amir Levintal. Read more
