Who is planning the biggest IPO in Israeli history and which company raised $32 million?
CTech Daily Roundup: Israeli cybersecurity company ReSec raises $4 million in series A
CTech | 22:22, 09.11.20
The biggest IPO in Israeli history? IronSource sets sights on $8 billion offering. IronSource's annual profit is estimated at $170 million and CVC paid $450 million for a 25.7% stake in the company just last October. Read more
Israeli cybersecurity company ReSec raises $4 million in series A. The round, led by QBN Capital and HDI Group, will help expand the operations on a more global scale. Read more
Working from home is resulting in widespread anxiety, says psychiatrist. Typically, employees bring their strengths to work and leave their weaknesses at home, but in the work from home era that simply isn’t possible. Read moreTeva holds Bio-Mix competition to inspire innovative health solutions. Winning prize goes to student at Tel Aviv University who developed a way to digitally treat hearing problems. Read more
Israeli transportation company Dan issues tender for more electric buses. The company plans to buy 86 electric buses, and another 40 articulated buses worth NIS 150 million with an option to purchase an additional 200 buses and 200 articulated. Read more Cellwize raises $32 million to expand 5G market. The Israeli company has developed a smart RAN automation and orchestration platform that can help accelerate deployment of 5G networks. Read moreTech in your toilet: OutSense raises $2.2 million for device that tests poo for health risks. Attaching its IoT device to a toilet bowl, bathroom visitors can help catch cancers and other diseases, company aims to create the world’s largest database of human waste. Read more
Analysis | Post-U.S. elections – what can high-tech companies expect? What Biden's administration might do, and what the Trump Administration will never get to finish. Read more