CTech's Sunday Roundup of Israeli Tech News
Israel’s online fraud industry targeted in rash of foreign enforcement actions. Apple hops on LGBT support wagon in Israel
The arrests in the Philippines. Photo: Sun Star Manila
Apple hops on LGBT support wagon in Israel. Apple is the latest multinational to back the Israeli LGBT community in the widespread protests that broke out Wednesday, after the Israeli parliament approved a new surrogacy law that extends the right to use surrogate mothers to single mothers—but not to single fathers, in a move designed to bar the process from the country’s gay population. Read more
Opinion: as investors, we couldn't get enough of Datorama. A clear market focus and aggressive scaling made Datorama an investor’ darling, writes Innovation Endeavors founding partner Rick Scanlon. Read more
Opinion: Salesforce’s acquisition of Datorama is more important than Google acquiring Waze. Increasingly, Israel’s strong suit is not consumer-facing startups like Waze but SaaS companies like Datorama. Read more
Israel’s supreme court advises El Al to drop petition against Air India. In its petition, El Al asked the court to either secure permission for its airliners to pass over Saudi airspace or prohibit India’s national carrier from doing so during flights to and from Israel. Read more
Moody’s upgrades Israel’s outlook to positive. The change was based on Israel’s favorable fiscal outcomes, strong institutional framework and on its “increasingly resilient economy.” Read more
Funding rounds
Bosch leads $28 million round for AI-based recognition startup AnyVision. Read more
Video marketing company Eyeview raises $20 million in equity and debt financing. Read more
Project management company Proggio raises $2 million. Read more
