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CTech's Thursday Roundup of Israeli Tech News

Fiverr to list 5 million shares on NYSE at $21 per-share; World’s largest beer company AB InBev sets up Tel Aviv cybersecurity hub

CTech 14:4413.06.19
Fiverr to list 5 million shares on NYSE at $21 per-share. The company’s initial public offering is being made at a $650 million valuation and is expected to close by June 17. Read more
Fiverr advertisement. Photo: Fiverr Fiverr advertisement. Photo: Fiverr
World’s largest beer company AB InBev sets up Tel Aviv cybersecurity hub. AB InBev provides 25% of all beer consumed globally and owns around 500 brands, including Beck’s, Budweiser, Corona, Stella, and Leffe. Read more


Fortnite owner Epic Games acquires group video chat app Houseparty. While the company did not disclose financial details, one person familiar with the matter who spoke to Calcalist on condition of anonymity placed the sum Epic Games paid at several tens of millions of dollars. Read more


IGP leads $59 million round in real estate marketing company McMakler. Berlin-based McMakler operates an online real estate marketing service that offers advice and combines different aspects of the real estate industry, including data management, valuations, and marketing. Read more


MinuteMedia raises $40 million. MinuteMedia is the publisher behind several sports news outlets. Read more


PoV | A ride in Yandex’s autonomous vehicle. Yandex conducted the first demonstration rides in one of the autonomous vehicles it is currently testing in Israel during the Ecomotion 2019 smart mobility show in Tel Aviv. Read more


Oren Zeev leads $26 million round in payment installments startup Sunbit. Sunbit develops a payment method that allows stores in the U.S. to offer their customers the option of paying in installments. Read more


Dutch bank ABN AMRO backs cybersecurity company ThetaRay. Before investing in ThetaRay, ABN AMRO was a client of the company, which develops technology that detects behavior anomalies and threats for the finance industry. Read more


Cybersecurity startup CyberObserver raises $8 million. CyberObserver develops a cybersecurity management service that consolidates security management reports, helping security and IT teams gain real-time insights across the entire cybersecurity ecosystem. Read more


Israeli police investigate claim that local winery scammed U.S. ambassador. In December, Calcalist reported that New York-based wine investment company Karraben Wine, previously owned by Ambassador David Friedman, sued an Israeli winery for fraud. Read more


Cybersecurity startup Orca Security raises $6.5 million. Orca Security was founded by two veterans of Nasdaq-listed cybersecurity company Check Point. Read more


Medical coding technology startup Nym raises $6 million. Using artificial intelligence and natural language processing, Nym develops an automatic medical coding service for hospitals and clinics. Read more


Precise irrigation startup Saturas awarded $1.7 million grant by the European Union. Saturus develops sensors that are attached to vines and tree trunks providing real-time hydration status reports that enable farmers to optimize irrigation. Read more
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