CTech's Monday Roundup of Israeli Tech News
Data recovery company Zerto mulls New York IPO; Men are the guests here, says founder of Tel Aviv women-first coworking space
Data recovery company Zerto mulls New York IPO. Zerto develops disaster recovery and business continuity software for virtualized infrastructure and cloud environments. Read more
New York. Photo: Shutterstock Men are the guests here, says founder of Tel Aviv women-first coworking space. Galit Ana Ben Simhon is the founder and CEO of Panthera, Israel’s first coworking space for women. Read more
Report: Ride-hailing app Gett seeks hail mary by selling New York subsidiary. Earlier this month, Calcalist reported that Gett CEO Dave (Shahar) Waiser emailed employees saying the company is considering an IPO by the end of 2019. Read more
Israel moves ahead with international exchange of financial information of foreign residents. The policy is a result of Israel’s commitment to an international taxation standard called common reporting standard (CRS). Read more
Israeli court rules bank can refuse to deposit funds from cryptocurrency transactions. Last year, crypto mining company Israminers appealed to the court after Israel’s Bank Igud refused to take its business, claiming it is in violation of the bank’s terms of service. Read more
Microsoft to host Tel Aviv Eurovision hackathon in April. 150 participants will attempt to tackle issues of accessibility arising from the live broadcast of the international song contest and ways to maximize the viewer experience. Read more
Crypto mining outfit Bitfarms takes $20 million loan. The Tel Aviv-listed company announced last week it will be reporting a depreciation of around $19 million in its annual report for 2018. Read more
German ticketing company Eventim to open Israeli development center. The new center, Eventim’s first development operation outside Germany, already employs 12 people. Read more
Cancer treatment company HIL to set up $5 million Jerusalem manufacture center. HIL develops systems that use proton beams, particle acceleration, high-intensity lasers and magnets, and nanotechnology for the treatment of cancer. Read more
