Which Israeli deep tech startup raised almost $40 million and why are Israelis having their phones tracked?
CTech Daily Roundup: Israel-based deep tech startup SQream raises $39.4 million in B+ funding
Israel-based deep tech startup SQream raises $39.4 million in B+ funding. CEO Ami Gal said his company is on a recruiting spree to meet major recent growth. Read more
Israel Security Agency to resume mobile phone tracking to monitor Covid-19 patients. New bill stipulates that the government will only be allowed to request assistance from the Shin Bet when there is an "immediate and substantial" need. Read more
Lightrun announces $4 million raised in seed round funding. The Israeli company’s software allows programmers to make changes to running code, without having to redeploy. Read more
Pixellot raises $16 million to continue broadcasting sports during the Covid-19 era. Investments come at a time when sports events around the world have been hit by social distancing regulations and a decline in advertisements. Read more
Zohar Zisapel backs autonomous car connectivity startup DriveU in $4 million round. DriveU develops a system capable of transmitting the vast amounts of data required for the remote operation of various autonomous vehicles. Read more
Israeli government to invest millions in bringing Bedouins online. Nine Bedouin regional councils in southern Israel to receive free wireless internet thanks to NIS 16 million investment. Read more
Could Trump’s visa decree end up being a blessing in disguise? Israeli executives point out the possible pros and cons of Donald Trump’s decision to restrict work visas for foreign employees. Read more
Opinion | Retailers intent on surviving Covid-19 should get their bots to ineract more like people. The challenge now is maintaining short-term revenue and long-term relationships without being able to rely on personal interactions between staff and customers. Read more
Israeli employees among 715 fired by financial software giant Intuit. The company's CEO, Sasan Goodarzi, announced in a letter to the employees that Intuit will be cutting 7% of its workforce worldwide, laying off 715 people in total. Read more
Orbotech to increase its Israel-based production capacity by 20%. The company’s flat panel display division is set to relocate from San Jose to the Israeli city of Yavne. Read more
