Who raised $60 million and how are amateur hackers poking holes in Israel’s image as a cyber superpower?

CTech Daily Roundup: Chinese drone manufacturer blacklisted by the U.S. is being widely used in Israel

CTech 21:4721.12.20
Israeli checkout-less store innovator Trigo raises $60 million series B. “If prior to the outbreak standing in line was an unpleasant experience, nowadays it is a serious health concern,” says CEO. Read more


Analysis | Amateur hackers are poking holes in Israel’s image as a cyber superpower. Personal details of one of the country’s leading cyber professionals were exposed in the latest Iranian-linked breach of IAI’s Elta Systems. Read more

A DJI drone. Photo: Courtesy A DJI drone. Photo: Courtesy


HR Post Covid | OTORIO created ‘Meet the Mates’ to combat Covid-19 loneliness. As its 70 employees were sent into lockdown, the cybersecurity company knew it had to find a way to keep employees engaged. Read more


Team Finest announces first-ever funding for an Israeli eSports team. Backing from U.S. investment group will allow the organization to pay salaries, fund participation in international competitions. Read more


BIRD Energy invests $7.15 million in Israel-U.S clean energy projects. The approved projects relate to batteries, electric aircraft, natural gas, wind energy, and more. Read more


Chinese drone manufacturer blacklisted by the U.S. is being widely used in Israel. Delay in the provision of homegrown substitutes leaves drones carrying out sensitive missions despite concerns over data use. Read more


“We haven't seen this type of divorce from reality since the dot-com boom.” Senior Managing Director and Global Head of Blackstone's Growth Equity Business, Jon Korngold, doesn’t believe we are in a stock market bubble but says there is definitely a relaxing of some of the discipline we have come to see in the public markets in recent years. Read more


Unicorn School Lesson 2: Find an uncharted territory. The founders of Tipalti, Gong, and Next Insurance, whose companies’ valuations have leaped beyond $2 billion offer insights and tips for building unicorns. Read more


Fivetran launches in Israel, says it sees “an incredible market opportunity here.” The unicorn company has developed technology for data integration and optimization from several sources and applications. Read more


Opinion | Oracle VP offers up seven predictions for startups in 2021. In a highly unpredictable 2020, we got a few guesses right with last year’s predictions piece. Here are my thoughts on things I believe we’ll see happen next year. Read more