November 26, 2015 | Israeli pharmaceutical giant Teva and UK-based Heptares Therapeutics, a unit of Sosei Group Corporation, have announced a licensing and drug-discovery agreement under which Teva will receive exclusive global rights to develop, manufacture and commercialize novel, small-molecule calcitonin gene-related peptide (CGRP) antagonists discovered by Heptares for the treatment of migraine headaches. Heptares will receive an upfront payment of $10 million, and will be eligible to receive additional research, development and commercialization milestone payments of up to $400 million. In addition, Heptares will be eligible to receive royalties on net sales of products resulting from the partnership.
November 26, 2015 | BioLight Life Sciences Investments has entered into a joint financing agreement with two Asia-based venture capital firms to invest a total of $7.2 million into BioLight’s subsidiary, IOPtima. The financing will help IOPtima to continue the global commercialization of its innovative IOPtimate™ system used in the treatment of glaucoma, as well as to initiate a regulatory approval pathway process with the U.S. Food and Drug Administration, commencing 2016. Under the terms of the agreement, the unnamed investors and BioLight will invest an aggregate amount of US$6.0 million and US$1.2 million, respectively. The investments are being made on the basis of a US$13.5 million pre-money valuation for IOPtima. Upon completion of the private placement, BioLight will hold approximately 71% of IOPtima’s issued and outstanding shares.
November 25, 2015 | Israeli founded data security firm Fortscale Security has secured $16 million in funding, including investment from CME Ventures and UST Global. The financing will be used to implement sales and marketing campaigns on the back of the successful launch of Fortscale 2.0, the company’s threat detection and remediation solution. Founded in 2012 and led by CEO Idan Tendler, Fortscale enables enterprises to easily run big data analytics for cyber security by delivering risk-prioritized analysis and visualization of user behavior and access activity.
November 25, 2015 | Israeli-founded Zebra Medical Vision announced that they have signed a multi-year agreement with Dell Services to deliver its Clinical Research and Analytics platforms to providers and researchers globally. Zebra Medical has built a medical imaging cloud-based platform that enables healthcare professionals to identify patients at risk of disease. The platform also provides researchers with the largest structured clinical data set globally, and gives them the tools to develop machine learning algorithms to analyze it. Founded in 2014 by Eyal Gura, Eyal Toledano, and Elad Benjamin, the company has so far raised $8 million from Khosla Ventures and Marc Benioff.
November 25, 2015 | The Israeli data storage startup Iguaz.io today announced a $15 million Series A funding round. Led by Magma Venture Partners, the funding includes additional investments from Jerusalem Venture Partners (JVP) and large strategic investors. Founded by CEO Asaf Somekh and CTO Yaron Haviv in Herzliya, Iguaz.io provides innovative data management and storage solutions for Big Data, IoT and cloud applications.
November 24, 2015 | The U.S. Department of Energy (DOE) and Israel’s Ministry of National Infrastructure, Energy and Water Resources (MIEW) have selected six projects to receive $5.1 million under the 2015 Binational Industrial Research and Development (BIRD) Energy program. Each project is conducted by a U.S. and an Israeli partner. Selected projects address energy challenges and opportunities of interest to both countries, while focusing on commercializing clean energy technologies that improve economic competitiveness, create jobs, and support innovative companies. This is the seventh round of funding for BIRD Energy which has approved 28 projects with a total investment of about $22 million (including the projects in the current annual cycle).
November 24, 2015 | Zoomd, the Israeli search company, has acquired another search startup, SphereUp, for $7 million, Calcalist reports. Founded by Amit Luhansk in 2012, Zoomd provides search tools within an article so that readers will not have to open new screens, something especially pertinent for mobile devices where screen space is limited. SphereUp’s technology aims to increase engagement with search tools, and the company, led CEO Yevgeny Safovich, has so far raised $3.7 million.
November 24, 2015 | Israeli based fund GreenSoil has raised €50-70 million for investing in agriculture technology companies in Europe and Israel, to be split equally between the two geographies. Founded by Alan Greenberg and Gideon Soesman, GreenSoil invests in startups that enable efficient resource utilization in energy, electricity, water, and land. So far the fund’s portfolio companies have attracted attention from large institutional investors, including Horizon Ventures, which invested in the sustainable packaging company Tipa, and Innovation Endeavors which invested in the smart irrigation startup CropX.
November 23, 2015 | FSTE-listed Playtech have given up on a £460 million takeover of Plus500, due to regulatory ‘concerns.’ Teddy Sagi, the Israeli founder of Playtech was hoping to expand into financial trading with the acquisition, and is considering other acquisitions to do so. Founded in 2008 and led by CEO Gal Haber, Playtech listed on the AIM in London in 2013, but has encountered some difficulties after regulators criticized its anti-money laundering identity checks.
November 23, 2015 | Israeli optical communications developer ColorChip has raised $25 million in a round of financing led by Israel Growth Partners with participation from Vintage Investment Partners, and existing investors Gemini Israeli Funds and BRM Group. Founded in 2001 by Dr Shimon Eckhouse and Prof Shlomo Rushin of the School of Engineering at Tel Aviv University, ColorChip provides cost effective, dense, hyper-scale transceivers and advanced optical splitters. So far, the company has raised $60 million and CEO Yigal Ezra said the latest funding will be used to scale up operations and accelerate product development for data-centers that need to increase their traffic capacity.
November 22, 2015 | Voiceitt, a startup from the IBM Alpha Zone Accelerator in Israel, won first prize in the international MEDICA App Competition for healthcare applications. Founded in 2012 and led by CEO Danny Weissberg, Voiceitt has developed software that understands the natural language of people with speech difficulties and can translate what they say into speech that can be understood by others. Doctome, another IBM Alpha Zone Accelerator startup, was chosen by a special committee to be one of the top ten companies to present their solutions as part of the competition. Founded this year and led by CEO Itamar Bitton, Doctome offers an advanced platform for telemedicine, enabling online video calls with doctors anywhere in the world, in their multiple languages, all year round.
November 22, 2015 | Innovation Endeavors, an early-stage venture capital firm backed by Alphabet Executive Chairman Eric Schmidt, released its 2015 Israeli Internet of Things Landscape. Based on a three-month research deep dive, the Innovation Endeavors team created a visual breakdown of Israeli Internet of Things (IoT) players, identified key trends impacting the sector, and evaluated Israel’s ability to lead the IoT market. “IoT represents the ultimate bridge between the digital and physical worlds — it will undoubtedly transform lives in almost every industry. Given the amount of high-quality IoT startups coming out of Israel, we believe it will become a world leader in this space,” noted Innovation Endeavors Managing Partner Dror Berman.
November 19, 2015 |CloudEndure, a provider of live-migration and disaster recovery solutions, is teaming up with Google to Bring Free Migration into Google Cloud Platform. This partnership allows customers to quickly migrate from any Windows/Linux machine to any platform. Google and CloudEndure are inviting companies with a migration requirement for five or more servers on any infrastructure – physical, virtual, cloud, hybrid – to migrate to the Google Cloud Platform for free. Founded in 2012 and led by CEO Ofer Gadish, CloudEndure provides Cloud Migration and Cloud Disaster Recovery for any application, allowing companies to mobilize entire applications with their data to and across clouds with near zero downtime and no data loss.
November 19, 2015 | The newly established Guangzhou-Israel Bio Fund, with $100 million in assets under management, will develop joint ventures between Israeli and Chinese life science companies. The fund will be led by Yehoshua Gleitman, a former Chief Scientist and will be managed by a joint Israeli-Chinese team. Its backers include the Guangzhou municipal government and three Chinese companies, among them one of the country’s biggest pharmaceutical firms. The fund said it was already investigating collaboration with five Israeli startups dealing in pharma and medical devices.
November 19, 2015 | Israeli cyber security company Avanan has exited stealth mode yesterday and is offering enterprises cloud-based versions of best-of-breed technology from more than 60 leading vendors, including Check Point, Symantec and Palo Alto Networks. With a click of a button, CISOs can now deploy Malware Scanning, Advanced Threat Protection, Data Leakage Prevention, Anomaly Detection, Encryption, Cloud Access Control, File Sanitization, Shadow IT Detection, and Shadow SaaS Protection. Avanan aims to provide a SaaS security solution with a complete security stack of proven technologies. Led by Co-Founder and CEO Gil Friedrich, Avanan is headquartered in New York, with R&D in Israel, and has so far raised $1.5 million from Magma VC and StageOne, two leading Israeli venture capital firms.
November 19, 2015 | Israeli semiconductor TowerJazz has signed an agreement with Maxim Integrated Products to purchase Maxim’s fabrication facility in San Antonio, Texas for $40 million. The purchase will expand TowerJazz’s worldwide manufacturing capacity by 28,000 wafers per month. As part of the agreement, the companies have also signed a long-term supply agreement for TowerJazz to manufacture products for Maxim in the San Antonio facility. All of the site’s nearly 500 employees, including production operators, production support personnel and process and integration engineers will be retained.
November 18, 2015 | Israeli startup SafeDK has raised $2.25 million in a seed round led by StageOne Venture Capital. Founded in 2014 by Orly Shoavi and Ronnie Sternberg, SafeDK monitors third-party SDKs in real time to warn developers about prospect privacy, performance, and stability issues. Developers can then choose to turn off certain SDK features without affecting the app’s functionality.
November 18, 2015| Tel Aviv University and Peking University have signed a memorandum of understanding to establish a joint research institute for food security in the city of Weifang in Shandong Province, China. The institute’s research will focus on the agricultural effects of climate change, improving crop yield, and creating food strains with enhanced nutritional properties. Under the agreement, the Chinese municipality will build the institute, which will include research laboratories and agricultural areas, where researchers and students from both universities will be able to collaborate.
November 18, 2015 | The online foreign exchange, CurrencyTransfer, has opened its Tel Aviv office in the co-working space South of Salame (SOSA) in order to expand its presence in the Israeli market. Founded in 2014 by CEO Daniel Abrahams and CTO Stevan Litobac, CurrencyTransfer is an online foreign exchange market in which users my find the best rates from different buyers and sellers. Requiring a minimum of £5,000 ($7,500) per exchange, CurrencyTransfer has processed over $40 million in transfers since inception and aims to reach $500 million in the coming year. So far, the London-headquartered company has raised an undisclosed amount from several angel investors, including former 888 CEO Gigi Levy, Co-Founder of Taykey Itay Birnboim, and Wonga Founder Errol Damelin.
November 18, 2015 | Israeli cyber security start-up SAFE-T is set to raise $5.6 million in its IPO on the Tel Aviv Stock Exchange (TASE), making it the first technology company to go public on the TASE in 2015. The funds raised will be used to expand into international markets and hire additional sales and research teams. Founded in 2013 by CEO Amir Mizhar, SAFE-T provides Secure Managed File Transfer (SMFT), a cross platform that enables secure file, email, and data transfer both inside and outside an enterprise.
November 18, 2015 | Beijing will host the largest-ever China-Israel Technology, Innovation & Investment Summit, 4-6 January 2016. In response to the growing Chinese interest in the Israeli economy and companies, the summit has been organized by Israel’s Ministry of the Economy and the Infinity Fund, which are planning to bring more than 1,000 entrepreneurs, businesspeople, investors, and senior government officials from the two countries. Infinity Israel-China Fund managing director Eyal Rosenthal said, “Chinese investment in Israeli technologies will exceed $10 billion within five years,” highlighting particular sectors, including Internet and Mobile, Agritech, Cleantech, Life Sciences, Smart Cities, and Applied Industrial Technology.
November 18, 2015 | The Israeli technological incubator Trendlines has launched a S$25 million ($17.6 million) IPO on the Singapore Stock Exchange. Founded in 1993 and led by Co-Chairmans and Co-CEOs Todd Dollinger and Steve Rhodes, Trendlines develops early stage companies in the medical and agtech sectors. The company will become the second Israeli listing on the Singapore Stock Exchange, after Sarin Technologies, which develops technology for the diamond industry. Trendlines is offering 75.7 million shares at S$0.33 apiece, and aims to use the fresh capital to make new and follow-up investments.
November 18, 2015 | Everysight, a spin-off the Israeli defense electronics company Elbit, will launch a line of cycling smart-glasses, offering cyclists display technology developed for pilots. Expected to be on the market in 2016, Raptor smart-glasses, which look and feel like traditional sports eyewear, will also be equipped with Everysight Beam technology, a unique see-through display technology that crisply overlays information directly in the wearer’s line of sight. With Everysight Beam, the lens itself serves as the augmented display, eliminating offset displays found on other smart-glasses. Everysight Beam avoids peripheral distractions, reduces eyestrain and eliminates opaque display elements that can obscure the view.
November 17, 2015 | Israeli fin-tech startup VATBox has joined MasterCard’s accelerator, Start Path. The six month program in Berlin will bring VATBox into a global network of MasterCard experts and commercial partners, and enable VATBox to integrate with MasterCard solutions. Founded in 2012 by CEO Isaac Saft, VATBox is a cloud-based solution for companies to reclaim all potential Value-Added Tax (VAT) paid abroad easily and automatically. To date, the Tel Aviv-based startup has raised $24 million.
November 17, 2015 | Israeli founded online advertising company, Matomy Media Group, has acquired New York-based Optimatic Media for $25 million. Optimatic is a programmatic monetization platform for video advertising that will operate as an independent subsidiary within the Matomy Group, and its current management team will remain in place. Founded in 2007, by CEO Ofer Druker, Matomy has been traded on the London Stock Exchange since its IPO in 2014.
November 17, 2015 | FundersGuild, the New York-based venture fund founded by David Wolfson, has appointed Co-Founder of Taykey, Itay Birnboim, to expand the firm’s reach into the Israeli market. The fund has already invested in three Israeli companies: Glide, Namogoo, Panoply.io, but aims to invest millions of dollars into Israeli startups, especially in fin-tech, augmented and virtual reality, computer vision, unmanned aerial vehicles, and IoT security. As an early stage investment vehicle, FundersGuild expects the average investment to be $200,000, and hopes to invest in ten companies within the coming year.
November 17, 2015 | Israeli neuroscience company ElMindA has raised $28 million in their Series C round. Investors in this round included Shanda Group, The Kraft Group, Wexford Capital, WR Hambrecht & Co, Palisade Capital Management, and OurCrowd. Found in 2006 by CTO Prof Amir Geva, ElMindA has developed a non-invasive method, using their Brain Network Activation (BNA™) platform, to analyze and visualize in high resolution the complex neuro-physiological interconnections of the human brain, capturing information on the composition, connectivity, synchronization and operation of brain networks. The company has raised $43 million to date, and the device received FDA approval for neurological disorders in 2014.
November 16, 2015 | The Israel Biotech Fund, a new fund founded by Dr. Yuval Cabilly will receive investment of $50-100 million from Nasdaq-traded biomedical company Biogen, and Cabilly’s father, Dr. Shmuel Cabilly, a renowned oncologist and research scientist. According to Globes, the fund is intended to focus on Israeli biotech companies, an area of investment in which the Cabillys already have considerable experience.
November 16, 2015 | Israeli ADHD drug development company Alcobra has raised $40 million in its offering on the Nasdaq. The company announced on Friday that it has priced its public offering of 6,175,000 ordinary shares at $6.50 per share – $1.50 lower than its IPO price of $8 per share in 2013, and almost $18 lower than its peak price at the end of 2013. Alcobra plans to use the net proceeds from the latest offering to fund its future clinical development program for its primary drug candidate, MG01CI, currently in Phase II of clinical trials. Led by CEO Yaron Daniely, the biomedical company is based in Tel Aviv, where is it is developing other treatments for cognitive disorders, including Attention Deficit Hyperactivity Disorder (ADHD) and Fragile X Syndrome.
November 15, 2015 | Tracx, an Israeli-founded business analytics startup, has been listed on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Tracx grew 1527.12% from 2011 to 2014. Founded in 2008 by Yaniv Ben-Arie and Ofer Fort, Tracx’s product offering analyzes and refines mass amounts of geographic, demographic and psychographic data from across the social web to deliver deep insights into customers, competitors and influencers. Clients such as BMW, Kraft Foods, and Rolex rely on Tracx to identify and target audiences, improve planning, enhance monitoring, and effectively engage consumers. Led by CEO Rick Rudman, Tracx is headquartered in New York City with offices in Tel Aviv and London.
November 15, 2015 | Herzliya-based OrbiMed and Silicon Valley-based InterWest led a $32 million round of funding for medical eye device company Avedro. The additional capital strengthens Avedro’s balance sheet as it continues to expand global distribution of its ophthalmological KXL corneal cross-linking platform and commences commercialization outside of the United States of its Mosaic System. The Mosaic System performs a procedure called PiXL™ (Photorefractive Intrastromal Cross-Linking) which has the potential to deliver non-surgical correction of myopia, and improve cataract surgery outcomes.
November 15, 2015 | Israeli energy company Panoramic Power has been acquired by British utility Centrica for $60 million. The acquisition builds upon an existing partnership between Panoramic Power and Centrica’s US unit, Direct Energy, which began in June 2014. Founded in 2009 by Chairman Dr. David Almagor and COO/CTO Adi Shamir, Panoramic Power’s energy management solution offers industrial and commercial customers wireless and self-powered circuit-level technology with cloud-based analytics. Led by CEO Yaniv Vardi, Panoramic’s investors include Greylock Partners, Israel Cleantech Ventures Funds, Clal Energy, and Qualcomm Ventures.
November 15, 2015 | Israeli photo gallery app MyRoll has been acquired by AVG. No financial details about the acquisition were disclosed but media reports say that it was for about $5 million. Flayvr, the parent company of MyRoll and its sister app Gallery Doctor was founded in 2012 by CEO Ron Levy and CTO Adi Ashkenazi – both veterans of the IDF 8200 Intelligence unit. The company raised $2.5 million. The company will now join AVG’s Mobile Center of Excellence in Tel Aviv.
November 12, 2015 | Israeli voice calling app Yallo has announced the launch of its iOS app, as well as an additional $2.5 million in funding. The new funding comes from German telecom giant Deutsche Telekom, through T-Ventures, their strategic investment arm, and Carmel Ventures. Founded in 2012 and led by CEO Tal Elyashiv, Yallo allows users to record and share incoming calls.
November 12, 2015 | Israeli mobile app testing company Perfecto Mobile has raised $35 million from new investor Technology Crossover Ventures (TCV), with participation from existing investors FTV Capital, Carmel Ventures, Globespan Capital Partners and Vertex Ventures. Founded in 2006 by CEO Eran Yariv, CTO Yoram Mizrahi and Jacky Allal, Perfecto offers app developers the ability to continuously test and monitor mobile and digital user experiences in real time. The startup has more than 1,500 customers, including 50% of the Fortune 500 across the banking, insurance, retail, telecommunications and media industries, and has so far raised a total of $90 million.
November 12, 2015 | The German Space Agency (DLR ) and the Israel Space Agency signed an agreement yesterday to cooperate on civilian space exploration. Under the terms of the agreement, the parties will collaborate in research, Earth observations, space missions, communications, and deep space navigation.
November 12, 2015 |Halutziot, the solar field project in the Western Negev, was inaugurated yesterday by the Minister of National Infrastructure, Energy, and Water Resources Yuval Steinitz. Built by Enlight Renewable Energy Solutions, in cooperation with the Noy Infrastructure and Energy Investment Fund, the field has a capacity of 55 megawatts, and will provide power to 18,000 homes in the surrounding area in Southern Israel.
November 12, 2015 | Israeli flavoring company Frutarom – one of the ten largest flavoring companies in the world – has acquired 75 percent of the Polish company AMCO for $20.7 million, marking Frutarom’s eleventh acquisition in 2015. Founded in 1998, AMCO, has a R&D, production, and sales center in Poland, where is has become a market leader in seasoning blends, marinades, and functional ingredients for the food industry. Frutarom is traded on the Tel Aviv Stock Exchange, with a market cap of $2.38 billion.
November 12, 2015 | Fiverr has raised $60 million to “aggressively attract the vast majority of freelancers who still operate offline,” the company said. Founded in 2010 by CEO Micha Kaufman and Shai Wininger, the Tel Aviv-based company has developed a marketplace where freelancers can advertise their skills and services, such as web design, writing, or marketing, each of which had a fixed price of $5 – until today. Now freelances will be able to set their own prices and Fiverr will instigate a new tiered pricing model, designed to enable sellers to pocket more cash and buyers to purchase large ticket items. The latest fundraising round was led by Square Peg Capital, with participation from existing investors Bessemer Venture Partners, Accel Partners, and Qumra Capital, and takes Fiverr’s total funding past the $110 million mark.
November 12, 2015 | Israeli cyber security company Cymmetria has raised $9 million in their Series A fundraising round, led by Sherpa Ventures. Founded in 2014 by a cohort from the Israeli Army’s elite technology unit 8200, Cymmetria has developed decoy servers called “honeypots” to distract would-be attackers away from their true targets. Based in Tel Aviv and San Francisco, the company has also received past investment from YC Combinator, Seedcamp, and Felicis.
November 11, 2015 | Israeli security-as-a-service company AppDome has raised $13 million in their Series A fundraising round, led by Menlo Ventures, with addition investment from original investors Jerusalem Venture Partners (JVP) and OurCrowd, as well as new investor investor Draper Nexus. Founded in 2012 by CTO Avi Yehuda, AppDome defends mobile apps against attack vectors such as malware, man-in-the-middle, pharming, and data harvesting. Recently named by Gartner as the 2015 Cool Vendor in Mobile Security, AppDome offers enterprises the ability to secure their apps by uploading the fully developed APK/IPA to a cloud-based security wrapping service. Following the wrapping process, the company can download a secure version of the app within minutes and distribute it via the App Store or Google Play.
November 8, 2015 | Shani Elitzur, a doctoral student in the Technion’s Faculty of Aerospace Engineering, has won first place in the inaugural Falling Walls Lab Israel contest, a program designed to encourage innovation in academic research. Elitzur developed a safer method for producing hydrogen, based on aluminium-water reactions that provide electric energy storage possibilities, in particular, for hybrid and fuel-less cars. Or Yahalom from Hebrew University won second place for a method that allows plants to “breathe” nitrogen in the air, thus saving farmers the need to use fertilizers. Oren Miron from Bar Ilan University won third place for his ability to diagnose autism in the early months of life. The three winners will represent Israel in the Falling Walls Lab international finals to be held in Berlin on November 8.
November 8, 2015 | Israeli bio-med company Vascular Biogenics raised $15 million following the closure of its stock offering of 2,500,000 ordinary shares at $6.00 per share. The company intends to use the net proceeds from the offering for the advancement of clinical programs, and for working capital. Founded in 2000 by CEO Prof. Dror Harats, Vascular Biogenics is a late-stage clinical bio-pharmaceutical company focused on the discovery, development and commercialization of gene-based treatments for cancer, including their lead drug, VB-111 that is being developed for recurrent glioblastoma, or rGBM, an aggressive form of brain cancer.
November 8 2015 | XURA, formerly known as Comverse, will lay off 130 employees, according to Calcalist. The Israeli software company acquired Acision earlier this year, changed its name to Xura in September, and has since embarked a company-wide restructuring plan to return to growth and profitability. According to the agreement, employees will receive generous severance, and the company agreed not to lay off more employees by 2017.
November 8, 2015 | Five months after scrapping a planned partnership agreement between Tel Aviv, Ramalla and Amsterdam, the Dutch capital ratified an amended cooperation agreement. The cooperation pact with Ramallah and Tel Aviv is a compromise over an original plan, which was initiated two years ago but encountered opposition from pro-Palestinian activists.
November 8 2015 | The Mayor of London, Boris Johnson, will head to Israel and the Occupied Palestinian Territories this week in a bid to strengthen their ties with the British capital. On a three day trade mission to Tel Aviv, Jerusalem and Ramallah, Mr Johnson will tell business leaders, key investors, and senior politicians that London’s incredible depth of skills, vibrant communities and worldwide links should make it their first choice of economic partner. In Tel Aviv, the Mayor will be accompanied by representatives from 15 London tech firms, all of whom are looking to boost their bottom line by partnering with Israeli tech experts. The Mayor will attend events at Tel Aviv Stock Exchange and Google Campus where he will be looking to encourage even more of Israel’s tech businesses to list or grow globally through the city. He will also meet with Mayor Ron Huldai, who is serving his fourth consecutive five-year term as Mayor of Tel Aviv and aims to position the city as a global center of innovation and creativity.
November 8 2015 | Johns Hopkins University and Luminox-Health, an Israeli healthcare startup specializing in digital medicine, will collaborate with a new entity that will invest $30 million into Israeli digital medicine ventures, according to Globes. The cooperative agreement will be officially announced next Wednesday at the Peres Peace Center, at an event titled “Israel Launches its New Innovation Frontier.” Former Israeli Prime Minister and President Shimon Peres, Chief Scientist Hasson, and representatives of Johns Hopkins and Luminox-Health are expected to take part in the event. This agreement comes after the university signed a multi-year agreement with Israeli health startup Luminox in September to establish an accelerator for Israeli digital health startups.
November 8, 2015 | The Israeli founded software giant Amdocs plans to buy the Israeli company cVidya for $30-40 million. Founded in 2000 by CEO Alon Aginsky, cVidya develops revenue analytics and revenue assurance systems. In 2009, cVidya bought ECtel from Elron Electronic Industries for $20.5 million, and to date, the company has raised $46 million, most recently from Battery Ventures and Carmel Ventures.
November 5, 2015 | Israeli fashion application MySizeID has raised $4 million from undisclosed investors. Founded in 2014 by CEO Ronen Luzon, MySizeID designs fashion apps, including the recent launch of SizeUp, which contains a 3D measuring algorithm.
November 5, 2015 | Israeli online payments solution company Payoneer will provide cross-border payment solutions to Amazon in the US, Spain, France, Italy, Germany and the UK. A simple and convenient way for sellers to receive their Amazon payments, Payoneer is the first external payment solution with which Amazon has partnered. Founded in 2005 by entrepreneur Yuval Tal, Payoneer has raised $90 million to date, including $50 million in August. With 500 employees worldwide, the company is today headquartered in New York with its R&D center in Tel Aviv.