Which Israeli startup's valuation soared to $4.7 billion and can Chutzpah save a company?

CTech Daily Roundup: Israeli product manager takes us behind the scenes of developing Instagram Lite

CTech 22:4410.03.21
Israeli product manager takes us behind the scenes of developing Instagram Lite. Michelle Lourie and her team put Instagram on a low-data diet to improve service in remote locations. Read more

 

Snyk's valuation soars to $4.7 billion following $300 million series E. The Tel Aviv-based cybersecurity startup has now raised a total of

$470 million, quadrupling its valuation since the beginning of 2020. Read more

 

Via. Photo: Daimler AG Via. Photo: Daimler AG

 

Aqua Security hits unicorn valuation after completing $135 million series E. The Israeli cybersecurity company has stayed ahead of the cloud revolution, refuses to be sold and has it eyes on some acquisitions of its own. Read more

 

Send in the Israelis: How a European company can be saved with some Chutzpah. When Blackstone acquired Murka in 2019, the gaming company was struggling to stay afloat - so they called Barak David. Read more

 

Israeli ridesharing company Via bolsters offering with $100 million acquisition of mapping startup Remix. San Francisco-based Remix has developed a technology that helps cities plan their transportation routes, operating in over 350 cities in 22 states. Read more

 

Optibus raises $107 million in series C round to help modernize public transportation. The company’s system helps coordinate and operate public transportation using artificial intelligence. Funds to be used for expanding global presence and improving mass transit. Read more

 

Israeli cybersecurity platform Cynet raises $40 million series C. Cynet offers a cyber threat detection and response platform marketed primarily to small and medium-sized enterprises and according to the company, it multiplied its valuation several times over in its latest round. Read more

 

HR Post Covid | Nova adopted three simple rules during Covid-19 - what were they? Not every company has the same tips and tricks when caring for their employees. Here’s how Nova managed throughout the pandemic. Read more

 

Centrical secures $32 million in new round led by Intel Capital and JVP. “The transition to work from home was very kind to us,” says founder and CEO Gal Ramon. Read more

 

ZygoFix completes $2 million round for clinical study to treat back pain. The company’s solution aims to treat back pain with a miniature screwless implant and help with spinal stability. Funds to be used for further studies and obtaining regulatory clearance. Read more

 

Israel’s FUGU raises seed round for online consumer fraud protection. The company helps merchants identify fraudulent payments online with machine learning at the post-purchase stage. Read more

 

IAI launches new tech center with Ministry of Defense’s DDR&D. The center will enable the production of navigation systems to address challenges in the modern battlefield. Read more

 

A Roadmap to Success: Six ways to help women succeed in tech. While equality is gradually arriving on the scene, here are afew things we can do right now. Read more