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CTech's Wednesday Roundup of Israeli Tech News

CTech's Wednesday Roundup of Israeli Tech News

1-800 Contacts to acquire home eye exam startup 6over6; Assaf Rappaport steps down as head of Microsoft Israel's R&D

CTech | 14:12, 18.12.19

1-800 Contacts to acquire home eye exam startup 6over6. 6over6 develops an online service and app that enables users to test the optical parameters of their glasses, using only a smartphone and a computer. Two people familiar with the deal told Calcalist it was valued at over $100 million. Read more

Assaf Rappaport steps down as head of Microsoft Israel's R&D. Rappaport first joined the company in 2015 with the $320 million acquisition of his cloud security startup Adallom; he is leaving the tech giant to launch a new startup. Read more

Microsoft Microsoft's office in Israel. Photo: Microsoft Microsoft

Intel has AI on its sights and Habana Labs can help it hit the mark. The $2 billion acquisition, Intel’s second-largest in Israel, is set to help the chip making giant catch up to more agile companies in terms of AI innovation. Read more

Aleph Venture Capital raises a $200 million third fund. The Tel Aviv-based venture capital firm’s two previous funds totaled $330 million in commitments. Read more

Travel agency Talma heads for $286 million IPO in Tel Aviv. Talma is the parent company of Israeli flight search engine Alice, which lets users search for flights on flexible dates to find the most attractive deals. Read more

Marius Nacht’s aMoon leads $55 million round in healthtech company Seer. Seer develops technology for extracting molecular insights from cell proteome, to assist in the early detection of cancer and neurological diseases. Read more

HR startup Gloat raises $25 million. Gloat offers companies a service that automatically compares employees’ work skills, interests, and career histories in order to recommend potential projects and career-advancing opportunities. Read more

Sports tech startup PlayerMaker raises $10 million. PlayerMaker develops a data-based soccer coaching tool designed to analyze metrics derived from motion sensors installed on players’ shoes. Read more

Satori cyber emerges from Stealth with $5.25 million seed round. Satori develops a cybersecurity service that secures data flows in enterprise databases in cloud and hybrid environments. Read more

Raise a toast to leftover bread beer. A Kibbutz bakery has found a new use for leftover bread: brewing it into delicious red ale. Read more

Cyber 2020 Conference:

 

AI is the only way to defend against hackers, says Rafael Exec. Read more

Two phone calls are not enough to verify a user’s identity, says cyber investor. Read more

Good cyber companies make money, says FireGlass founder. Read more

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