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Does Israel Really Have to Choose Between the U.S. and China and Which Fund Raised $100 Million?

CTech Daily Roundup: BuyMe founders set sights on global market, want to dominate new “gift card economy”

CTech 22:2825.05.20

Interview | BuyMe founders set sights on global market, want to dominate new “gift card economy.” Can the three friends who sparked a revolution in the Israeli gift voucher market replicate their success on the world stage? Read more

 

Related Story | Founders of gift card company BuyMe sell shares for $23 million, now look to global market. The company markets gift vouchers to 5,000 of the largest companies and organizations in Israel who purchase them as gifts for employees, and is one of the leading players in holiday gifts for employees. Read more

 

U.S. President Donald Trump. Photo: YouTube U.S. President Donald Trump. Photo: YouTube

 

 

Interview | On anniversary of GDPR enactment, Israel’s privacy laws still far behind. Israel’s privacy laws are embarrassingly outdated and Covid-19 is putting them to the test. Read more

 

A women, an arab engineer, and a haredi certified coder walk into a job interview. While work from home, as a new standard, helped remove some of the barriers preventing diversity in Israeli tech, there is still a long way to go to ensure equal opportunities are truly available. Read more 

 

Cybersecurity-focused VC Cyberstarts raises $100 million fund. The firm also appointed Lior Simon, formerly an associate at Sequoia Capital and head of the Israel operation of Arbor Ventures, as partner. Read more

 

Analysis | Israel wants to extend use of proximity detection app, but tender process raises questions. It seems like the health ministry is trying to unload responsibility for the pandemic-busting app onto private hands without sufficient prep time. Read more 

 

“Israel doesn’t have to choose sides in the hegemony war between the U.S. and China.” Infinity group’s Amir Gal-Or offers tips on how to stay on the fence when superpowers collide. Read more

 

Interview | Can SafeMode’s focus on professional drivers make roads safer? Israeli-based software startup has created a platform for pro drivers whom they award for good road behavior. Read more

 

Israeli businessman Ztiki Kurland Fuchs raises $20 million for new members-only fund. The new fund will operate as a closed investor club that will allow investors to exchange portfolio company shares between them, without harming the companies’ prospects. Read more