CTech's Tuesday Roundup of Israeli Tech News

Proofpoint to acquire Meta Networks for $120 million; Salesforce buys conversational AI Startup Bonobo

CTech 15:2307.05.19
Proofpoint to acquire Meta Networks for $120 million. Tel Aviv-headquartered Meta Networks develops cloud-native security tools for enterprise wide area networks (WAN). Read more

 

Meta Networks' team. Photo: PR Meta Networks' team. Photo: PR

 

 

Salesforce buys conversational AI Startup Bonobo. Bonobo’s technology integrates directly with various sources of customer interaction data, such as voice, chat, video, and email, running AI algorithms to analyze the data. Read more

 

Gett raises $120 million in debt financing, equity. Gett, currently preparing for a London or Tel Aviv IPO, said the round was raised according to a $1.5 billion valuation. Read more

 

Israel's critical infrastructure vulnerable to cyber attack, says state comptroller. Some of the bodies in charge of Israel's critical infrastructures are unprepared for the possibility of cyber attacks, according to a report published Monday by Israel's state comptroller. Read more

 

QEDIT partners with Ant Financial, VMware, RGAX, raises $10 million. Founded in 2016, QEDIT develops a privacy layer for enterprise blockchain networks, using zero-knowledge proof cryptography. Read more

 

In Israel, there is a tight bond between food and politics. Israelis celebrate Independence Day with communal barbecues and find it baffling that high ranking military personnel pursue a vegan diet. Read more

 

Cannabis is a bubble, says Technion researcher. David Meiri of the Technion’s laboratory of cancer biology and cannabinoid research spoke Monday at Calcalist’s cannabis conference. Read more

 

For medical cannabis users, the biggest problem is a consistent dose, says Syqe Medical CEO. Perry Davidson, founder and CEO of cannabis inhaler company Syqe Medical, spoke Monday at Calcalist's cannabis conference in Tel Aviv. Read more

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