Israel Active

This new video gives some home truths to the BDS movement.

Israel’s At-Bay (see previously) uses machine learning and other tech to assess the cybersecurity risk of firms seeking insurance against cyber-attacks. At-Bay has just raised $185 million of funds, giving it a $1.3 billion valuation and the financial status of a “Unicorn”.

Israel’s Wiliot (see above) didn’t reveal the value of the company following its latest $200 million funding, but it was estimated at around $1 billion, making it another Israeli “Unicorn”.

Israel’s iAngels Ventures (see previously) has raised $55.5 million for its first institutional fund for Israeli hi-tech investment. The fund is anchored by $25 million from the European Investment Fund under Horizon 2020, the EU Framework Program for Research and Innovation.

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At Tel Aviv’s “Big in Japan” conference Israeli and Japanese entrepreneurs and businesspeople looked beyond the coronavirus crisis and the potential for cooperation between Israel and Japan. Interestingly, shortly after, Japan’s Softbank appointed former Mossad chief Yossi Cohen to head its Tel Aviv Office.

NBC Olympics, a division of the NBC Sports Group, has selected Israeli ad provider Innovid (see previously) to provide ad-management solutions for its presentation of the Tokyo Olympic Games.

Israel’s Bookaway is confident that travelers are ready to use its platform to search, compare and book bus, ferry and train tickets around the world. Investors must also be confident, as Bookaway has just raised $35 million in funding.

Nas Academy, a Singapore-based platform founded and led by Israeli-Arab Nuseir Yassin of Nas Daily (see previously) has raised $11 million of funds to build tech tools. Nas Academy helps developers create their own academies. It offers courses on entrepreneurship, storytelling and editing.

Israeli cybersecurity IntSights (see previously) has just been acquired by Boston-based cybersecurity Rapid7 for $335 million. IntSights, founded by ex-IDF intelligence officers, alerts external cyber threats by monitoring the dark web, among other measures. Rapid7’s R&D will remain in Israel.