CTech's Tuesday Roundup of Israeli Tech News
The curious case of the Israeli lunch card. Mimecast to pay $88 million for cybersecurity company Solebit
17:3731.07.18
The curious case of the Israeli lunch card. Amsterdam-listed food delivery company Takeaway.com sees 10bis, an Israeli company it acquired, as a way to start catering to businesses. Read more
Lunch (illustration). Photo: Yuval Chen
Mimecast to pay $88 million for cybersecurity company Solebit. The all-cash deal is Mimecast’s first acquisition of an Israeli company. Tel Aviv-based Solebit will become the company's local research and development center. Read more
Lunch (illustration). Photo: Yuval Chen
Online music service eMusic plans $70 million ICO to pivot to blockchain. eMusic is a niche player offering subscription-based download of mainly indie, classical and jazz artists and labels. Read more
3D imaging company Mantis Vision buys U.S.-based Alces. Mantis Vision announced a $55 million investment from Samsung and China’s Luenmei Quantum earlier this month. Read more
Real estate startup Skyline AI raises $18 million. The Sequoia-backed company uses machine learning algorithms to find lucrative real estate deals. Read more
Sports media company 90min partners with Sina Sport. 90min offers international football content to the Chinese market through China’s premier sports website Sina Sport. Read more
Chinese online fashion retailer MyMM to implement image search. The retailer will use an image recognition technology by Tel Aviv-based startup Syte.ai. Read more
Microsoft backs online lender BlueVine. The Israeli lender announces a $12 million investment from M12, Microsoft’s venture fund, bringing its latest funding round to $72 million. Read more
Israeli President Rivlin says he will protest controversial state law by signing in Arabic. In a Monday meeting, the Israeli ceremonial head of state said he must sign the bill or resign. Read more
News briefs
Employees of Israeli credit card issuer announce strike following Warburg Pincus deal. Read more
Export of tech services from Israel is booming. Read more
Netanyahu resurfaces plan to build artificial island airport off Israel’s coast. Read more
