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StartUps

Israel High Tech Scene Week in Review August 8 – 14

Tel Aviv at sunset, Israel Startup Israel

New Startups / VC Funding
Tulip Interfaces Raises $100 Million – Marc Benioff Invests
Israeli created startup Tulip Interfaces provides a cloud-based, no-code platform. Tulip Interfaces just raised $100 million n Series C funding led by New York-based global private equity and venture capital firm, Insight Partners and new investor Pitango Growth. Marc Benioff is now a new investor through his… Read More Here

Israeli Startup 4M Analytics Raises $11 Million
4M Analytics is an Israeli startup that offers subsurface utility mapping services. $M just brought in $11 million in Series A funding led by Viola Ventures and joined by… Read More Here

Joonko Raises $10 Million for Making Diverse Workplaces
Israeli startup Joonko offers a human resources service that aids firms in reaching their diversity recruiting quotas. Joonko just raised $10 million in series A round led by Vertex Ventures Israel… Read More Here

IPOs and Unicorns
BUFF Is Israel’s First Gaming Co To Hold IPO
BUFF Technologies is an Israeli gaming company. It now holds the distinction of being the first such Israeli firm in Israel’s history to hold an initial public offering. BUFF Technologies did so on the Tel Aviv Stock Exchange… Read More Here

OwnBackup Approaches $3.35 Billion Valuation with $240 Million Investment
Israel’s OwnBackup, a cloud data backup and recovery platform, is now a super-unicorn. The company is now worth almost $3.35 billion. OwnBackup hit this mark after completing a $240 million Series E round of investment co-led by Alkeon Capital and B Capital Group, including a secondary investment in the company by… Read More Here

Mergers and Acquisitions
Israeli Traffic Management Startup Waycare Bought For $61 Million By Rekor Systems
Waycare is an Israeli traffic management startup. Waycare has been acquired by roadway intelligence services company Rekor Systems for $61 million… Read More Here

Microsoft Acquires Israeli Company Peer5
Peer5 is an Israeli company that develops enterprise CDN (eCDN) solutions for video streaming. Microsoft announced that it has acquired Peer5. The purchase price was not disclosed… Read More Here

Nanox Buys Israel’s Zebra Medical for $200 Million
Nanox Imaging Ltd. is an Israeli medical imaging company. Nanox just acquired Israeli medical artificial intelligence (AI) developer Zebra Medical Vision for $200 million. The purchase price includes $100 million to be paid now, and another $100 million to… Read More Here

Il Makiage Buys Israel’s Voyage81 For $40 Million
Voyage81 is an Israeli startup that offers deep-tech AI-based computational imaging. Voyage81 was just acquire by Israeli owned make-up company Il Makiage… Read More Here

Other Business Stories
Hit And Run Team Avi Issacharoff And Lior Raz Extend Netflix Deal
Avi Issacharoff and Lior Raz made Fauda and Hit and Run… Read More Here

NSO Rival Quadream In Talks With Morocco
Quadream, a provider of cyberattack systems similar to NSO‘s products which enable security services to break into mobile phones and PCs, is in advanced talks with Morocco, Israeli Globes reports… Read More Here

Canada’s Awz Ventures Puts Millions Into New Deal With Israel’s Defense Ministry
Canadian VC firm Awz Ventures has established a joint venture with MAFAT—the Israeli Ministry of Defense’s Directorate of Defense Research and Development (DDR&D)—and other Israeli security agencies. The new venture will invest in “pre-seed” and “inception” stage companies developing innovative security technologies with significant commercial applications in the civilian sector… Read More Here

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