Where do Israeli tech companies go to die and what is a data sandbox?
CTech Daily Roundup: In these post-coronavirus times of shrinking valuations, companies cannot be too picky but heading for an IPO at any cost could stain a company’s reputation for years
Israel-based Otonomo signs data-sharing collaboration with Fiat Chrysler. Otonomo develops ways to monetize data collected by smart cars, acting as a middleman between carmakers and third-party companies that offer automotive-related services. Read more
Israel’s securities and innovation authorities team up to launch ‘Data Sandbox’. The initiative is set to promote the activity of fintech companies in Israel as part of the ISA's strategy to modernize the Israeli stock market. Read more Moving on: Cisco sells Intucell operations to HCL for 10% of its buying price. Cisco acquired Raanana-based Intucell in 2013 for $475 million in what was considered a very successful exit for its founders and its main backers. Read more Opinion | After decades of being unappreciated, the pandemic could give distance learning a new lease on life. Covid-19 has brought the option of remote learning to the forefront of child and adult education alike, but whether it will rise to the occasion and become the new norm or be dragged down by ill-prepared professors and over distracted students is yet to be seen. Read more Sweden partners with Israel to drive innovative R&D projects. The initiative is open to startups at all stages, multinational corporations that operate in both Sweden and Israel, large companies, research institutions, and academics. Read more Israeli company Matter selected to help Skoda battle coronavirus. Matter utilizes 3D technology to create interactive digital property tours, serving commercial and residential real estate as well as the hospitality and travel business. Read more
Israel’s Holon Institute of Technology launches medtech bachelor's degree program. The program will focus on digital technologies for medicine, including telemedicine, smart medical systems, and big data. Read more
Salesforce Ventures joins vehicle cybersecurity startup Upstream’s series B round. “Both Salesforce and Upstream have jointly recognized the power in automotive data and the capabilities that it unlocks,” said CEO Yoav Levy. Read more
Alon Bar-Shany to leave HP Indigo after 25 years. HP has long been attempting to carry out a restructuring but Bar-Shany has vehemently opposed it, said a person familiar with the move. Read more
