Who recorded $11 billion in new orders and are Israel’s institutional investors late to the tech investment party?
CTech Daily Roundup: IronSource quietly launches spin-off Rise shortly before $11 billion SPAC merger
IronSource quietly launches spin-off Rise shortly before $11 billion SPAC merger. Rise provides solutions to help maximize digital assets, create business growth and scale audience. Read more
A U.S. Army soldier. Photo: Elbit Twitter acquires Israeli startup Reshuffle to advance new API. Social media giant believes small Israeli team headed by CEO Avner Braverman and CPO Amir Shevat can further advance the building of the new API introduced last year. Read more
Wix partners with Google to make it easier to manage business profiles. Wix’s existing partnership with Google already includes Google Analytics, Workspace, and more. Read more
Israel’s Tictuk acquired by Yum! Brands, owner of KFC, Pizza Hut, and Taco Bell. The company’s ordering and marketing platform is already in use in 900 restaurants outside the U.S. Read more
Suridata helps companies find their needles in data haystacks. As more companies grow and migrate to cloud services, locating your data can be overwhelming. That’s where Suridata comes in. Read more
Satellite software startup Utilis raises $6 million to detect terrestrial water leaks. The company’s analytics were first used to detect water on Mars. Funds will be used to accelerate growth and help reduce climate crisis. Read more
Pangea to help Israeli companies find ‘Green Pass’ forgers. With nearly half the Israeli population vaccinated, Green Passes are in hot demand. Read more
Elbit’s fantastic Covid-19 year: $4.7 billion in revenues, $11 billion in new orders. The company’s 2020 net income rose by 4.3% to $238 million. “I’m hoping for political stability in Israel which will enable us to receive approval for our multi-year defense contract with the military, and the Ministry of Defense to pay off its debts,” says CEO Betsalel Machlis. Read more
Israel’s IDENTI Medical will provide its AI-driven solutions to 1,000 French hospitals. The solution, which connects smart cabinets to a mobile app, will begin implementation next month. Read more
Round B | The tech sector has expanded far beyond its techie core. A film school graduate managing a startup? Sure that adds up. Read more
Opinion | Tips for women eyeing the AI industry. "Women should be fearless in their pursuit and don’t get discouraged if they're the only woman in the room," writes Ashley Kramer, Chief Product & Marketing Officer for Sisense. Read more
Opinion | 5 business insights and trends on China - Israel relations in the year of the Ox. "We believe that China will promote the discussion regarding the free trade agreement with Israel this year." Read more
