CTech's Sunday Roundup of Israeli Tech News
Advent international buys cyber company Forescout in $1.9 Billion deal; FIMI raises seventh fund, targets $1.2 billion
FIMI raises seventh fund, targets $1.2 billion. The Israel-based private equity firm currently has $5.5 billion in assets under management. FIMI’s sixth fund was the firm’s largest to date at $950 million. Read more
TLV Partners raises a third, $150 million fund. With this new fund, TLV Partners now has $490 million in assets under management. Read more Interview | The head of the unicorn sciences department. Data scientist Hagit Perry, a child prodigy and the first female programmer recruited to Unit 8200, wants to teach the next generation of entrepreneurs to turn AI-powered models into companies worth billions. Read more Expert | Could–and should–rapid DNA testing be used to curb the spread of coronavirus? Genetic testing of travelers to detect coronavirus RNA could prove more efficient than quarantine, but it raises concerns about privacy. Read more
Former Microsoft exec Assaf Rappaport’s new startup raises $21 million. Less than two months after stepping down as Microsoft's head of research and development in Israel, Rappaport and his three co-founders raised $21 million for Beyond, the new cybersecurity startup they recently founded. Read more
List | 8 startups to call in case of an emergency. From a mass notification system to a toilet that converts human waste into cooking fuel, these eight Israeli startups are here to help when disaster strikes. Read more
OurCrowd will re-focus on early-stage investments, says CEO Jon Medved. OurCrowd will host its sixth annual global investor summit next week on February 13, in Jerusalem. Read more
Optimove acquires event streaming startup Axonite. Optimove provides data and analytics-based services for planning, executing, measuring, and optimizing customer marketing plans. Read more
Alibaba scouts for Israeli medical devices as it stocks up for coronavirus. The company has approached equipment suppliers in Israel to help accelerate the delivery of urgent medical equipment to medical teams in China. Read more
