CTech's Monday Roundup of Israeli Tech News

Qualcomm Ventures backs CyberX in $18 million round; Israeli citizens to become eligible for U.S. investor visas as of May

Qualcomm Ventures backs CyberX in $18 million round. Israel-based CyberX develops cybersecurity systems for companies in the fields of energy, pharmaceuticals, chemicals, oil, and gas. Read more

 

CyberX co-founder, general manager, and CTO Nir Giller. Photo: Zvika Tishler

 

Israeli citizens to become eligible for U.S. investor visas as of May. Known as the E-2 visa, the investor visa will provide Israeli citizens willing to commit to a substantial investment in the U.S. resulting in the hiring of U.S. citizens with work permits. Read more

 

Having mastered office space, WeWork wants to design the city of the future. The We Company, formerly known as WeWork, hired former Google exec Di-Ann Eisnor and designer Dror Benshetrit to lead its new urban planning initiative. Read more

 

Israeli telecom Bezeq considering public issuance to counterbalance depreciation. Bezeq expects to announce an upcoming depreciation of almost $550 million in its upcoming reports for fiscal 2018. Read more

 

Ryanair subsidiary Lauda announces Tel Aviv-Vienna route. The Austrian low-cost company also announced 20 additional destinations from Vienna International Airport, including Oslo, Brussels, and Liverpool. Read more

 

Social trading company eToro acquires Danish blockchain company Firmo. Tel Aviv-based eToro enables users to invest in a wide range of financial assets including cryptocurrencies. Read more

 

Election | Israel to offer free inter-city rides on election day. The free rides are intended to encourage those residing or working at a distance from their registered polling stations to vote in the upcoming general election. Read more

 

Deloitte to deploy smart monitoring sensors by PointGrab in London HQ. PointGrab’s system will allow Deloitte to monitor the activity in its building, providing real-time data, including desk occupancy, foot traffic tracking, elevator usage, and occupancy of public areas. Read more

 

ECI Telecom taps industry veteran Irit Touitou as executive vice president. Touitou will head the company's research and development activities and its 5G program. Read more