CTech's Tuesday Roundup of Israeli Tech News

Israel and Airbnb clash over listings in West Bank settlements. Netanyahu signs agreement to sell state-owned IMI to Elbit Systems.

Israel and Airbnb clash over listings in West Bank settlements. On Monday, Airbnb announced it will remove listings in Israeli settlements in the West Bank. Read more

Airbnb. Photo: Reuters

Netanyahu signs agreement to sell state-owned IMI to Elbit Systems. Israeli defense technology company Elbit Systems will pay the state NIS 1.8 billion ($484 million) for the arms manufacturer, but receive NIS 1.5 billion for unused/ vacated IMI real estate. Read more

 

With a $1.1 billion valuation, TripActions aims for a prime spot in the travel industry. The corporate travel startup closed a $154 million series C earlier this month. Read more

 

Team8 launches identity-based cloud security startup Portshift. The Israeli cyber foundry also announced it backed Portshift with a $5.3 million Seed investment. Read more 

 

Abramovich’s Tel Aviv mansion celebrates old Tel Aviv elegance. Having lived in the U.K. in recent years, Israeli-Russian billionaire Roman Abramovich had turned to Israel when his U.K. visa was terminated. Read more

 

IT software startup SysAid raises $30 million. SysAid develops an IT service management software that integrates multiple help desk tools. Read more

 

Airport shuttle service Go Airlink signs NYC deal with smart mobility startup Moovex. To create an optimized shuttle plan, Moovex’s platform will analyze data in real time, including departures and arrivals, number of passengers, and drop-off locations near pre-booked hotels. Read more

 

Israeli interracial comedy Nevsu wins International Emmy Award. Nevsu, meaning soul in Amharic, tells the story of a mixed Ethiopian - Ashkenazi family in Israel. Read more

 

Motorola Solutions leases 6,700 square meters in ToHa Tower in Tel Aviv. The lease was signed for 10 years with an option to extend another five years, with Motorola expected to pay at least NIS 10 million ($2.69 million) per year. Read more 

 

 

News Briefs

 

Lonza launches Israeli innovation center. Re ad more

 

Cybersecurity startup Alcide raises $7 million. Read more