Israeli cloud managed open platform, Qwilt, announced it had raised $70 million, taking its current valuation to approximately $800 million.

August 8, 2017 | Israeli startup Qwilt has signed a $25 million, three-year deal with mobile giant Verizon to enhance and speed up video content. Founded in 2010 by Alon Maor and Dan Sahar, Qwilt develops 4k video delivery technology primarily for the online entertainment industry.