Who called off an IPO and which company raised $250 million at a $4 billion valuation?

CTech Daily Roundup: Spiral secures $14 million in funding and debuts banking app for charity

CTech 23:0531.03.21
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Kaltura's Nasdaq IPO called off due to low demand. The Israeli company had intended to go public at a $2 billion valuation. Is Israeli tech losing its shine on Nasdaq? Read more

 

Next Insurance eyeing more acquisitions after announcing $250 million funding at $4 billion valuation. Next has doubled its valuation since its last round in September 2020 and plans to use the new money to make additional acquisitions after completing two purchases in the past six months. Read more
A drone. Photo: Dror Ben David A drone. Photo: Dror Ben David

 

 

Spiral secures $14 million in funding and debuts banking app for charity. Former Morgan Stanley and Skype execs co-founded the company with the aim to seamlessly combine banking and charitable giving. Read more

 

Audioburst launches new platform to help bring podcasts to any app. Tuning into the audio craze, the company has launched Platform for Apps, a podcast feed for mobile apps. Read more

 

HR Post Covid | What HR tools are NVIDIA using to hire 600 Israelis? The computing and AI company is about to increase its employee headcount by 25%. Read more

 

Microsoft Israel execs rocked by Project Nimbus setback. The tech giant didn't even make it past the first round of the tender for Israel’s flagship project for providing cloud services for the country's entire public sector, including the military. Read more

 

Airwayz is reaching for the skies to help drone fleets fly safely. As more private companies prepare autonomous delivery fleets, Airwayz is setting itself as the air traffic controller of drones. Read more

 

Interview | U.K. Ambassador to Israel: 80% of the embassy’s activities involve economics. “Most of our time is devoted to technology,” Neil Wigan tells Calcalist. He estimates that Brexit will improve trade between the two countries. Read more  

 

Israel launches first virtual real estate fair. Blue-and-white real estate event kicks off online during Passover holiday, visitors can “virtually” tour homes. Read more