CTech's Sunday Roundup of Israeli Tech News
Behind bars in an Israeli white collar prison; Human resources, not cyber attacks, are the Israeli military’s biggest challenge, says IT unit commander
Behind bars in an Israeli white collar prison. In an effort to track the motivations and causes for white collar crimes, Calcalist reporter Tzally Greenberg visited a prison in central Israel. Read more
Human resources, not cyber attacks, are the Israeli military’s biggest challenge, says IT unit commander. In a candid interview, the head of the Israeli military’s Mamram unit talks about the challenges of heading the unit that provides the entire military with its data processing services and IT infrastructure needs. Read more
Hostel chain Selina raises $100 million. Selina operates hostels that feature co-working spaces, curated tours, homegrown produce-based meals, and volunteer activities. Read more
List | Scale-up nation: six trends of the Israeli tech industry in 2019. From mega acquisitions and funding rounds to new exit opportunities, 2019 has so far been an incredible year for Israeli startups and entrepreneurs, writes venture capitalist Amit Karp. Read more
New bidders join Israeli boutique hotel chain Brown in bidding race for Israeli airline Israir. Israeli businessmen Meir Shamir and Harel Shapira are both in deliberations to acquire Israir from controlling stakeholder IDB, according to people familiar with the matter. Read more
Opinion | Blockchain was supposed to set us free. So what happened? Threatened by the blockchain revolution, traditional financial institutions are hindering regulation that could decentralize the financial system, writes fintech regulation lawyer Saul Adereth. Read more
Indoor GPS developer Oriient raises $4 million. The Tel Aviv-based company develops an indoor GPS app intended to provide real-time location services and motion analytics with an accuracy of just under one meter. Read more
Nasdaq-listed snack company Mondelēz partners with Israeli foodtech incubator The Kitchen. The New Jersey-based snack maker's brands include familiar brands such as Oreo, Cadbury chocolate, and Sour Patch Kids. Read more
Israel-based startups High Lander and Airscort partner to offer low-cost drone security systems. Airscort develops generic docking and charging systems for drones, while High Lander develops software that manages and coordinates the activity of autonomous drone fleets. Read more