CTech's Tuesday Roundup of Israeli Tech News
Long hidden ties are made public as Israeli officials descend on Gulf States. Gaza border flares up: Hamas launches rockets, Israel bombs Hamas targets.
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Long hidden ties are made public as Israeli officials descend on Gulf States. For years held under the radar, relations between Israel, Oman, Qatar, Bahrain, and the UAE have suddenly become an official matter, with no less than four official state visits in October alone. The Israeli anthem was played for the first time in Abu Dhabi. Read more
Gaza border flares up: Hamas launches rockets, Israel bombs Hamas targets. On Sunday, an Israeli lieutenant colonel and seven Palestinian fighters were killed in Gaza in an Israeli operation gone wrong, leading to escalating attacks and dead and wounded civilians on both sides. Read more
Israel's Minister of Culture Miri Regev. Photo: Oren Aharoni
Nasdaq Ventures backs cybersecurity startup founded by former Mossad director. Nasdaq's investment program Nasdaq Ventures led a $22 million round for Israel-based XM Cyber. R ead more
High ambition, low in funding startup plans to build competitively priced flying car. Israel-based NFT plans to start testing a drone model of the car by October 2019. Read more
Israeli supermarket chain Shufersal wants to go cashier-free. The company partnered with Tel Aviv-based startup Trigo Vision to implement no-checkout technologies in its 272 stores. Read more
Israeli CEO of Telecom Italia ousted in boardroom coup. Activist investor Elliott won control of the board in May. Israeli-born Amos Genish was appointed as the company’s CEO 14 months ago. Read more
News Briefs
Direct-to-shape printing company Velox raises $32 million. Read more
Israeli government renews exclusive Windows, MS Office contract with Microsoft. Read more
Data protection and compliance startup Cognigo raises $8.5 million. Read more
Enterprise software company Kryon expands Tel Aviv offices. Read more
Encrypted data collaboration startup Duality raises $4 million. Read more
Israeli debugging startup OzCode raises $3.5 million. R e ad more