CTech's Monday Roundup of Israeli Tech News

Roman Abramovich-linked AltaIR backs legal-tech startup Ettorney. Ettorney provides online legal services to companies, private clients, and law firms. Read more

Interview | Coworking sector is not just about WeWork, says Mindspace CEO. Dan Zakai and Yotam Alroy, co-founders of Israeli coworking real estate company MindSpace, spoke to Calcalist about the trends and turmoils the coworking industry is undergoing. Read more

Cybersecurity (illustration). Photo: Shutterstock

A silicon chip developed in Israel powers Cisco’s new router series. Cisco hopes the new router, which it says can handle a rate of 10.8 terabytes a second, will stand at the center of internet carriers’ telecommunication systems, replacing complex clusters of routers and servers that consume vasts amounts of electricity and require significant cooling. Read more

Israel’s electric corporation's settlement deal with Egypt receives regulatory approval. IEC will receive about $100 million within the next year and then $50 million a year for eight years. Read more

Israel’s government to fund a folding electric vehicle and hydrogen gas stations. The Energy and Water Resources Ministry of Israel, in conjunction with the Prime Minister's Office’s national program for fuel alternatives and smart mobility, is investing NIS 22 million (approximately $6.32 million) in selected energy and transportation projects. Read more

Israeli boutique hotel chain Brown to open hotel at Ben Gurion Airport. The 200-room hotel will be adjacent to the airport’s terminal 3, and is expected to include a fitness center, spa, restaurant, bar, and a conference center. Read more

Nearly half of global cyber attacks target small companies, says cyber insurance expert. Read more

Identity theft is the biggest cybersecurity concern, says Cisco exec. Read more