Who drove the Wall Street frenzy and what's so special about SPACs?
CTech Daily Roundup: Israel’s SuperSmart raises $10 million for automatic checkout solution
"CYE can be the Spotify of the cybersecurity world." Petter Weiderholm, Global Head of IT Strategy at Swedish private equity giant EQT which invested $100 million in Israeli cybersecurity company CYE, believes it can emulate the success of Spotify, at which he served as VP. Read more
Wall Street. Photo: Reuters PayZen emerges from stealth with $5 million investment to provide affordable payment plans. The platform helps patients and hospital administrators plan, schedule, and pay 0% interest payments online. Read more
Analysis | Breaking down the inner workings of SPACs. Want to raise $1 billion according to a $2.5 billion valuation? Go ahead. When it comes to SPAC mergers almost everything is on the table. Read more
Israel’s SuperSmart raises $10 million for automatic checkout solution. “Deploying the app adds millions of dollars in earnings to the chains because shoppers tend to purchase more items,” says CEO. Read more
Prophecy fulfilled? Deep Instinct reports triple-digit increase in malware following prediction. Halfway through 2020, Deep Instinct’s Guy Caspi predicted a slew of online attacks following Covid-19. He was right. Read more
IoT security startup SecuriThings closes $14 million series A led by Aleph. SecuriThings Horizon is the first IoTOps solution that enables organizations to maximize the operational efficiency and security of their devices. Read more
Report: Israeli defense industry executives among 20 detained for illegal trade in suicide drones. The suspects had received instructions from entities related to an Asian country, not considered hostile by Israel, Ynet News reports. Read more
HR Post Covid | Candidates are less prone to switch jobs in Covid-19, claims Next Insurance. The pandemic brought plenty of uncertainty when it came to the job market, but insurtech startup Next Insurance was still on a mission to find top talent. Read more
Opinion | Women represent an untapped pool of scientific talent, what we need is more role models. In honor of the International Day of Women and Girls in Science, MeMed’s Dr. Mary Hainrichson offers some words of encouragement. Read more
