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Thursday, September 10, 2020
Tel Aviv, Israel

Currently Available Profiles On IVC-Online*
The Leading Data Source on Israel's High-Tech Industry since 1997
Active Multinationals Active Investors Active High-Tech Companies
379 2,450 9,284
 
*Updated Daily
Israeli High-Tech Industry Updates (Sep 4 - Sep 10)
Israeli-British cybersecurity startup Snyk raises $200 million at a $2.6 billion valuation
The company states that it has experienced an extraordinary year of momentum thus far, including more than 275% revenue growth and 100% employee growth

(Source: CTech 10.09.20)

Israeli cybersecurity co Pcysys raises $25m
Pcysys (Proactive Cybersystems) has developed PenTera, an Automated Penetration Testing platform.
(Source: Globes 10.09.20)


Give peace a chance: For first time ever Dubai-based VC invests in Israeli startup
Israeli fintech startup Salaryo becomes the first Israeli startup to score funding from the UAE, post peace accords. Salaryo CEO claims that this is just the beginning.

(Source: Geektime 09.09.20)

Taboola-Outbrain merger called off
Deal falls through after Taboola requested to make it a stock-for-stock merger instead of paying Outbrain shareholders $250 million for a 70% stake.

(Source: CTech 09.09.20)

Get to know the Israeli startup that raised $144 million under the radar
Israeli B2B payments company Melio completed its latest round at a valuation of $700 million and has seen payment volumes increase by 700% from March to August of this year.

(Source: CTech 08.09.20)

US-Israeli tech firm JFrog looks to raise $428 million in US IPO
It expects its shares to be priced between $33 and $37 per share.

(Source: Jerusalem Post 08.09.20)

Bosch, Electra to set up HVAC manufacturing facility in Israel
The companies will invest a total sum of $29.6 million in the facility that will employ 300 people in southern Israeli town Ashkelon.

(Source: CTech 07.09.20)

Intel Corp. names Israeli to second in command for global manufacturing
Daniel Benatar, the manager of Intel’s semiconductor plant in Kiryat Gat, will assume the highest-ranking position held by an Israeli in the firm’s manufacturing arm.

(Source: The Times of Israel)

Nine Israeli organizations granted EU funding under Horizon 2020 program
The entities will take part in eight of the twenty-three international projects designed to tackle the ongoing coronavirus (Covid-19) pandemic.

(Source: CTech 06.09.20)

 
Selected Recent Database Additions & Activity (Sep 4 - Sep 10)
New Israeli VC Fund Added (Q2-Q3 2020)
Recently Published Macroeconomic Insights & Reports by IVC (2020)
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Upcoming Israeli High-Tech Events & Webinars (Q3-Q4 2020)
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IVC Updates & Contact Information
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