Nvidia is to acquire Israel’s Deci for an estimated $300 million. Global private equity firm Permira is acquiring 60% of Israel’s BioCatch for around $750 million. Swiss-US Alcon is acquiring Israel’s Belkin Vision for up to $330 million; US-headquartered Akamai … Continue reading →

BioCatch raised $70 million AI21 raised $53 million; Lasso Security raised $6 million; Colors AI raised $200k;

Israel’s BioCatch (see here previously) has just achieved two milestones. A recent $70 million investment has given the startup a market value of over $1billion and “Unicorn” status. It has also reported recurring annual revenue of $100 million (51% growth) … Continue reading →

Next Insurance raised $250 million; Infarm raised $170 million; BioCatch raised $168 million; Papaya Global raised $40 million; Axis Security raised $32 million; Coralogix raised $25 million; Medasense raised $18 million; KeepMed raised $15.2 million; Strigo raised $8 million;

As reported previously, (see here) Israel’s BioCatch is used to prevent fraud by top UK bank Nat West and seven tier-one banks in Brazil, Chile, Colombia and Mexico. This WSJ article reveals that the Royal Bank of Scotland also uses … Continue reading →

CB Insights’ 2019 list of the 100 Most Innovative Artificial Intelligence Startups includes six Israeli companies previously featured in this newsletter – Habana Labs (see here), BioCatch (here), Nexar (here), Taranis (here), Anodot (here) and LawGeex (here). https://www.cbinsights.com/research/artificial-intelligence-top-startups/#global

I reported previously (see here) on Israel’s BioCatch, whose cybersecurity software prevents potential financial criminals from committing on-line fraud. BioCatch has just signed up seven tier-one banks in Brazil, Chile, Colombia and Mexico. https://www.biometricupdate.com/201810/biocatch-signs-up-seven-tier-one-banks-in-latin-america-for-behavioral-biometric-fraud-prevention