CTech's Wednesday Roundup of Israeli Tech News
Insight Partners in negotiation for a stake in gaming company Moon Active; Isreali tech companies raised $39 billion in investments in the last decade, report says
Insight Partners in negotiation for a stake in gaming company Moon Active. The New York venture firm is set to buy an 8%-10% stake according to a company valuation of approximately $1.2 billion, one person told Calcalist. Read more
Isreali tech companies raised $39 billion in investments in the last decade, report says. Among the prominent trends of the last decade are increasingly large funding rounds, more late stage investment, and a multitude of mega-rounds of over $50 million, according to a joint report by IVC and the Israel office of international law firm Zysman, Aharoni, Gayer & Co. Read more
Mobileye. Photo: EP
These are the top tech trends according to this year’s CES tech exhibition. Calcalist’s reporter Lilach Baumer outlines the most prominent issues the tech sector will focus on at the dawn of the new decade, according to the CES exhibition program. Read more
Mobileye to operate autonomous taxi fleet in South Korea. Mobileye co-founder and CEO Amnon Shashua announced two new partnerships at the 2020 Consumer Electronics Show (CES) Tuesday in Las Vegas. Read more
Ayala Pharmaceuticals headed for Nasdaq IPO. The Israel-based cancer treatment developer wants to raise $100 million according to a $400 million company valuation. Read more
Insurance software company Sapiens acquires German startup Sum.cumo for $32 million. With the acquisition, Sapiens’ primary goal is to expand its presence in the DACH region. Read more
3D imaging sensor company Vayyar partners with Japan’s Aisin. Vayyar develops 3D imaging sensors that can see through human tissue, most man-made surfaces, and barriers such as smoke and steam. Read more
IceCure receives additional FDA clearance for its cancer freezing technology. IceCure develops an ultrasound imaging-guided probe that injects liquid nitrogen into a tumor, freezing its tissue in a process called cryoablation. Read more
Information security company Imperva appoints new CEO. In October, Calcalist reported that Imperva former CEO Chris Hylen stepped down, two months after the company disclosed a data breach. Read more
