Who raised $75 million and how did Israeli tech startups respond to the pandemic?

Morphisec raises $31 million to fortify clients’ remote work defenses

CTech 23:5925.03.21
Just as flights were grounded, Israel’s tech sector recalibrated and took off. The rapid response to the pandemic reality was the key to Israeli tech's record year. Read more

 

Israeli blockchain startup StarkWare raises $75 million series B. The Netanya-based company has developed a cryptographic solution it believes can solve the problems of scalability and privacy hampering distributed ledger technology. Read more

 

Plane takeoff. Photo: TNS Plane takeoff. Photo: TNS

 

Online trading platform Plus500 appoints Jacob Frenkel as its new chairman. The former Bank of Israel Governor and JPMorgan Chase International chairman says the company can help make financial markets more accessible to all. Read more

 

Israeli startup Osu raises $3.2 million to help self-employed workers in the UK. The company helps self-employed and freelancers accept and manage payments through an app. Read more

 

TASE-listed Big-Tech 50 invests $5.5 million in three mature startups. The R&D partnership has invested in Outbrain, Trax and Kenshoo, marks a 33% increase in stock price since its February listing. Read more

 

Morphisec raises $31 million to fortify clients’ remote work defenses. The Be’er Sheva based cybersecurity company adds former Symantec and Intuit CEO to their board of directors. Read more

 

Optimove launches real-time segmentation capabilities for its CRM journeys. The new capabilities are a direct result of the company’s acquisition of event streaming platform Axonite last year. Read more

 

HR Post Covid | Covid-19 has made office interactions more formal, Cadence has found. Popping into someone’s office is not the same as carefully drafting an email, which makes communication that much more difficult. Read more 

 

Appointments | Visa and Capital One alum Cetin Duransoy named as COO of Israeli fintech company Fundbox. Fundbox has experienced accelerated growth during the Covid-19 pandemic and is reportedly eyeing a Wall Street offering in the near future. Read more