Redis becomes a Unicorn

Database software developer Redis (reported previously) has just received $100 million of financing that values the company at more than $1 billion, giving it the financial title of a Unicorn. Redis has over 7,500 customers, including MasterCard, Dell, Microsoft, Costco and Gap,

An app to buy from small Israeli shops

Israeli app BeeZee is the brainchild of Georgina Green, an employee of marketing agency GMT. She arranged development of an app that enables people anywhere in the world to order goods from over 100 Israeli “mom-and-pop” stores for delivery to friends or relatives in Israel.

Investment in Israeli startups (6 Sep 20)

raised ; raised ; raised ;

Thousands watch meteor display

There was plenty of space in the Mitzpe Ramon crater in the Negev for 40,000 Israelis to watch this year’s Perseids Meteor Shower. Many lucky Israelis were surprised earlier in July, when comet Neowise appeared, for the first time in around 7,000 years.

More cash for tech startups

Israel’s Innovation Authority (IIA), the government’s tech investment arm, has had its budget increased by NIS 390 million budget. It will now extend its Fast Track Incentive program to help hi-tech startups during the coronavirus crisis. It has also renewed its GovTech Incentive Program.

A smart Israeli irrigation partnership

Israel’s Viridix, a developer of data-driven precision irrigation systems, is partnering Israel’s Talgil, a manufacturer of professional irrigation controllers. They will provide farmers with the ability to automate irrigation cycles by optimizing water needs for each crop.

Investment in Israeli startups (23 Aug 20)

raised ; raised ;

Taking note of AudioCodes

Live Cloud for Microsoft Teams developed by Israel’s AudioCodes has been selected by secure communication service provider Enablis for its customers in Australia and New Zealand. AudioCodes’ ‘Mia’ (reported previously) automatically helps enterprises with note-taking.

Success in investment analysis trials

Israel’s Fintica (reported previously) has successfully completed its Proof of Concept with Japan’s Nikko Global Wrap (part of Sumitomo Mitsui). Nikko will continue to use Fintica’s AI engines to help its financial decision-making. Fintica is part of Israel’s Cortica

More precision irrigation

Israel’s CropX (reported previously) is partnering US giant irrigation company Reinke Manufacturing. Farmers using Reinke's ReinCloud app will be able to remotely run their irrigation system while simultaneously using CropX’s soil sensors and analytics to maximize crop yields.