Who raised $120 million and what happens when countries attack companies?
CTech Daily Roundup: The Israeli tech sector is soaring thanks to U.S. money printers going brrr
Israeli cybersecurity startup CYE raises $120 million series A led by European VC giant EQT. Hyver, CYE’s flagship product, uses advanced algorithms and graph modeling to conduct a comprehensive and accurate cybersecurity assessment, covering the entire organization, as well as third-party vendors. Read more
Delivery drone. Photo: Dror Ben-David/Matrix Israel’s accessiBe raises $16 million for web accessibility. The company’s product automates processes to make websites’ content accessible to users with disabilities, funds to be used to expand U.S. presence and R&D center. Read more
Teva in talks with Covid-19 vaccine manufacturers to co-produce shots. "We are positive towards contributing by manufacturing some of those vaccines that either have been approved or are just about to be approved," said CEO. Read more
After 5 years of being bootstrapped, Lusha raises $40 million series A. “We’ve had many investment offers, but we wanted a partner who would bring added value and who we’d enjoy working with,” said CEO. Read more
HR Post Covid | Grounded: How Atlas LTA managed its aircraft during Covid-19 lockdowns. For a company that works in the skies, Atlas LTA had to adjust how it operated when everything was grounded due to the pandemic. Read more
Israel’s CardiacSence receives CE Mark for medical-grade watch. The watch will be distributed throughout the European Union and used as a medical device for continually measuring heart rate and arrhythmias. Read more
Israeli drone passes test in GPS-denied environments, speeding up drone-based delivery goals. The test demonstrates how threats against drones can be prevented in the future. Read more
Cloud platform anecdotes raises $5 in seed for enterprise-grade compliance. The round was co-led by Aleph and Glilot Capital Partners with participation from industry leaders. Read more
AI startup NeuReality emerges from stealth with $8 million seed round. The Israeli company has created purpose-built AI-platforms for ultra-scalability of real-life AI applications. Read more
What motivates employees? Clearly it isn’t internal competition. Less than 20% of salespeople improve their work performance through competition, while most prefer short-term challenges, finds startup Enerjoy that uses AI to measure employee motivation. Read more
Opinion | When countries attack companies. "It is time for policymakers to stop ignoring the potential damage caused by these attacks not only to the private businesses, but to the whole country," says Guy Barnhart-Magen. Read more
