CTech's Monday Roundup of Israeli Tech News

Israel’s Viola Group’s covert new China-backed fund. China Investment Corporation (CIC) will be the keystone investor in a new $250 million fund, which will focus on Israeli companies with significant sales potential in the Chinese market. Read more

Insight Partners opens Israeli office. This is the New York-based venture capital firm’s first international office. Insight has over $20 billion in assets under management and has backed more than 300 companies worldwide. Read more

Israel’s rise in ease of doing business ranking not all it seems to be. Israel was up 14 places on the World Bank’s Doing Business report published last week, but local industry players claim governmental self-lauding is blowing things out of proportion. Read more

Interview | 75% of lawsuits will be handled online within a decade, says law professor. Orna Rabinovich-Einy is an associate professor at the Faculty of Law at the University of Haifa, focusing on online dispute resolution (ODR), which employs algorithms to solve civil disputes. Read more

Italian insurer partners with Israeli motorcycle safety startup Ride Vision. Ride Vision utilizes sensors and computer vision technologies to automatically alert motorcyclists when they are about to collide with another vehicle. Read more

Smart traffic startup Axilion raises $6 million. Axilion develops smart traffic light timing software capable of distinguishing between different kinds of vehicles and prioritizing public transportation. Read more

Disaster recovery readiness startup EnsureDR raises $2.5 million. Israel-based EnsureDR develops technology for identifying and fixing disaster recovery plans using an automatic process that operates and tests secondary data sites on a weekly basis. Read more