Which company was acquired for $250 million and who raised $77 million and changed its name?
CTech Daily Roundup: Capitolis raises $90 million in series C round for financial solutions
Capitolis raises $90 million in series C round for financial solutions. The fintech startup’s software platform drives resource optimization for capital markets, and enables financial institutions to more efficiently allocate their capital. Funds to be used to recruit additional employees, expand operations. Read more
Hurricane. Photo: AFP/NOAA/GOES ClimaCell announces $77 million in new funding alongside name change. The weather prediction company aiming to revolutionize the forecasting game is now called Tomorrow.io. Read more
Project Nimbus: Microsoft looks to be out, with Amazon and Google in it for the win. Israel is expected to select two providers for government services through the cloud. Read more
Zoomin raises $52 million series C, just four months after its previous round. 2020 saw a 300% increase in the volume of product content served through its platform. Read more
Partner TV becomes first Israeli provider to offer its customers access to Amazon Prime. CEO Isaac Benbenisti says the move strengthens Partner TV's position as a super-aggregator of content. Read more
Augmedics raises $36 million led by Almeda Ventures for AR x-ray vision. The medical device company’s augmented reality system shows patients’ CT scans during real-time surgery. Funds to be used for developing next generation device and expanding marketing operations. Read more
Inside VOOM’s mission to be the ‘Lemonade for Mobility.’ Its CEO believes the mobility ecosystem is changing even faster than the insurance industry - and there’s a new space to dominate. Read more
Israel's defense industries owed NIS 1 billion by country. The absence of a budget and the delay in the approval of the IDF's multi-year plan are preventing the transfer of funds from the Ministry of Defense to Israel Aerospace Industries, Elbit and Rafael. Read more
Rivery raises $16 million series A to expand SaaS DataOps platform. The Israeli startup is the latest company to ride the shift to the cloud and plans to use the money to scale its solution, including data ingestion, orchestration, and transformation capabilities. Read more
Moshe Hogeg sues Samsung Ventures over nixed StoreDot shares deal. The Israeli businessman claims the VC fund is shirking its agreement to sell him its shares in the company for $13 million. Read more
HR Post Covid | During Covid-19, Elementor helps web creators be “the superheroes of the present.” When the whole world moved online, it was the e-commerce and online education sectors that were revolutionized - and Elementor was there for them. Read more
