CTech's Monday Roundup of Israeli Tech News
Palo Alto Networks in talks to acquire information security automation firm Demisto; More Israeli patents filed in the U.S.
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Palo Alto Networks in talks to acquire information security automation firm Demisto. Israel-based Demisto develops and markets automation tools for information security management, including a chatbot that assists security analysts in handling tasks. Read more
Palo Alto Networks' Founder and CTO Nir Zuk. Photo: Aner Green
Palo Alto Networks' Founder and CTO Nir Zuk. Photo: Aner Green More Israeli patents filed in the U.S. Around 340,000 patents were filed in the U.S. in 2018, almost 5,000 of them by Israeli inventors. Read more
Qualcomm Ventures, Sierra Ventures back wireless communication company CoreTigo. Israel-based CoreTigo raised $2 million prior to the current $10 million A series, according to company statements. Read more
WeTechBerlin conference to showcase Israeli startups, part four. Calcalist will host a two-day tech and innovation conference in Berlin on February 18-19. As part of the event, Calcalist is leading a delegation of some 50 Israeli startups. Read more
Teva signs deal to sell closed Israeli factory. In December 2017, Teva announced plans to sell or close many of its manufacturing facilities and let 25% of global employees go as part of a debt management plan. Read more
Home cannabis farming device Seedo ships to customers in California. The company is also planning an African expansion and has recruited former U.S. Assistant Secretary of State for African Affairs Jendayi Frazer to serve on its board. Read more
Maritime collision prevention startup Orca AI raises $2.6 million. Orca develops a sensor-based imaging technology designed to prevent collisions between maritime vessels. Read more
Opinion | How Fortnite danced its way into uncharted legal waters. Researcher Dov Greenbaum outlines the legal implications of recreating potentially copyrighted materials such as dance moves or even famous tattoos in video games. Read more
Electronics 3D printer company Nano Dimension prices Nasdaq offering at a discount. The Israel-based company submitted a prospectus to the SEC in November, looking to raise $28.75 million. On Thursday, the company opened its offering, now looking to raise $12 million. Read more
Digital content management startup Trackonomics raises $1.6 million. Trackonomics lists media companies such as CNN, Buzzfeed, Condé Nast, and Gizmodo Media among its clients. Read more
Board of gift voucher marketplace Zeek throws in the towel. Zeek’s board said it will not resist the appointment of a receiver, as requested last week by creditor Viola Credit. Read more
New song by Israeli Eurovision winner gets nearly 2 million views in three days. "Bassa Sababa" is the first song released by Netta Barzilai since she took home the trophy at the Eurovision international song contest held in Lisbon in May with her hit "Toy". Read more
