CTech's Sunday Roundup of Israeli Tech News

Proofpoint to acquire cybersecurity company ObserveIT for $225 million. Headquartered in Boston with a research and development center in Israel, ObserveIT offers internal threat management technology. Read more

P2P investment startup Tarya raising round at $400 million valuation. The Israel-based company raised a $3 million round in 2015 at a company valuation of $20 million. Read more

Cybersecurity (illustration). Photo: Shutterstock

 

Delek, Noble, complete $520 million acquisition of EMG gas pipeline. The deal, made in partnership with Egypt-owned EGAS, gives the three companies a 39% stake in the pipeline and a way to import gas from Israel to Egypt. Read more

DoiT International announces a $100 million investment from Charlesbank. DoiT offers cloud consulting, engineering, and support services for companies looking to migrate applications and data to the cloud. Read more

 

Opinion | As online services age, your memories may fade with them. Whether or not our data is lost due to the unrelenting march of progress, as consumers, we ought to think carefully about how we store our irreplaceable information. Read more

AXA taps Israeli health ministry exec for insurtech incubator. Until recently, Ravit Warsha Dor served as head of innovation at the Israeli health ministry's digital health department. Read more

Spacecom CEO steps down. David Pollak has led the Israeli satellite company for 24 years. Read more

In Depth | Rising patriotism in China has rekindled sports brand Li-Ning’s flame. The Chinese sportswear company saw its stock jump 200% since the beginning of the year as more and more Chinese consumers turn to home-grown brands. Can it challenge Nike and Adidas on its home turf? Read more

Marketing gig marketplace startup Hunterz.io raises $3 million. New York-based Hunterz connects freelance marketing professionals with young startups without a marketing and sales team. Read more

Education tech startup Tailer-ED raises $1.6 million. Tailer-ED’s service helps elementary and high school teachers create personalized content packages for students based on academic achievements and interests. Read more