Who is Investing in Traveltech and What Company Raised $40 Million?

Right now just might be the best time to invest in traveltech, says NFX founder. Gigi Levy-Weiss spoke to CTech about what the coronavirus means for VCs and investors. Watch video

Website accessibility startup AccessiBe raises $12 million. AccessiBe develops an artificial intelligence tool for automating the process of making websites accessible to people with visual, hearing, and motor impairments. Read more

Medical analytics company DiA aims to detect heart complications in coronavirus patients. DiA develops pattern recognition and machine learning software that can generate automated image analysis, and be implemented in ultrasound devices and medical picture archiving and communication systems (PACS). Read more

Cybersecurity company Semperis raises $40 million in Series B funding round. Insight Partners led the round that brings the company’s total funding raised to $54 million. Read more

Face recognition startup AnyVision continues layoff spree. The layoffs follow Microsoft's investment arm M12's divestment of its stake in the company in March. Read more

This AI tool is putting on scrubs to fight Covid-19. Socrates, an AI research tool originally developed for security agencies by Israel-based company Omnisol, is now being used by Israeli hospitals to advance coronavirus research. Read more

 

Sharp rise in network traffic volume boosts Allot revenue. Israel-based Allot, which provides network intelligence and security solutions to service providers worldwide, announces 15.4% increase in revenue in the first quarter of 2020. Read more

Innovation Authority invites Israeli companies to participate in pilot with world-leading medical centers. The IIA program will offer financial support of up to 50% of the project’s approved research and development budget. Read more