Investment in Israeli startups (5 Oct 20)

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Overtaking on the inside

Israeli car fleet management startup Fleetonomy (reported previously) has been taken over by Israeli ride-sharing company Via Transportation. Fleetonomy should comfortably fit into Via’s mission statement to build “the transportation systems of tomorrow, right now.”

Israeli cybersecurity companies consolidate

Israeli-founded cybersecurity giant Imperva is acquiring Israeli-founded US database security company jSonar. jSonar’s analytics and Security Operations, Automation and Response (SOAR) platform will be incorporated throughout Imperva’s systems.

Cisco acquires Israeli cybersecurity startup

Cisco has acquired Israel’s Portshift for $100 million, to “move towards delivery of security for all phases of the application development lifecycle. The Portshift team is building capabilities that span a large portion of the lifecycle of the cloud-native application.” Cisco wrote.

Providing storage solutions for Intel

Intel Corp is partnering Israel-based Lightbits Labs. Lightbits’ product LightOS system will be optimized for Intel hardware and provide customers with improved storage efficiency for their data centers without compromising performance.

Security with Salt

Israeli cyber security startup Salt Security protects a company from cyber-attack through its many interfaces with external systems. Salt Security has sealed strategic partnerships deals with French multinational retail corporation Carrefour and Nasdaq-traded data centers giant Equinix.

New UAE & Chinese partners for Mobileye

Chinese automaker Geely will be installing SuperVision ADAS from Israel-based Mobileye in Lynk & Co’s Zero Concept electric vehicle. Mobileye will also shortly begin testing autonomous vehicles in Dubai and aims to roll out full Mobility-as-a-Service by 2023.

$150 million fund for Israeli tech startups

Israeli VC company Greenfield Partners has closed a $150m fund to continue its strategy of supporting early growth stage Israeli and Israel-related technology and tech-enabled businesses.

BMW use Israeli tech to feel the road

Israel’s Tactile Mobility has signed a deal to provide BMW with its road-sensing software that allows smart cars to “feel the road” and adjust like a human driver. Volkswagen subsidiary Porsche has already invested in the Israeli startup (reported previously).

Investment in Israeli startups (23 Sep 20)

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