CTech’s Sunday Roundup of Israeli Tech News

WeWork’s Shiva Rajaraman on using user data to optimize buildings. Mellanox wins first round against activist shareholder starboard

WeWork’s Shiva Rajaraman on using user data to optimize buildings. The company's Chief Product Officer wants to use data sensors placed on desks and in common spaces to make communities more cohesive. Read more

 

Mellanox wins first round against activist shareholder starboard. On Thursday, shareholders voted overwhelmingly in favor of two governance proposals the chipmaker submitted ahead of July’s annual shareholder meeting. Read more

 

WeWork shared office space in San Francisco. Photo: Bloomberg

 

Video company Kultura acquires interactive video startup Rapt Media. Kaltura develops and markets a video creation, management, and distribution platform. Customers include Warner Brothers, HBO, Intel, Bank of America, Stanford University, and Columbia University. Read more

 

Startup developing machine vision for cranes raises $1.35 million. Israel-based IntSite uses computer vision to help operate cranes in a safer way. Read more

 

Bigger seed rounds mean winners get picked earlier. With bigger Seed rounds investors pick the winners earlier than ever before, writes venture capitalist Amit Karp. Read more

 

Heart monitoring company CardiacSense raises funding to license device. The Israel-based company develops a watch-like device that tracks factors like arrhythmia, heart rate, oxygen saturation and blood pressure in users for early detection of stroke or cardiac arrest. Read more

 

Spacecom postpones deal With California-based satellite manufacturer Loral. According to the original agreement announced in March, the deal should have become void when Spacecom failed to pay the down payment within 60 days. Read more

 

Israeli cabinet relocates to underground Jerusalem bunker. On Tuesday, Israeli Prime Minister Benjamin Netanyahu decided to move all meetings of his cabinet to an underground bunker in Jerusalem until further notice, according to several Israeli media reports. The bunker is said to be modeled after underground closed cities in the U.S., and capable of housing hundreds of people. Read more