Israel Active

Israeli cybersecurity startup Deep Instinct’s success continues. It has raised another $43 million to help grow its sales and marketing team in New York, and its R&D team in Israel. There are now 10 million HP computers pre-installed with Deep Instinct’s AI security technology.

IKEA plans to open a 6th Israeli store, at Moshav Eshtaol - north of Beit Shemesh. The 25,000 square meter store will have 400 employees and serve the Jerusalem region.

Israel’s family-owned boutique gelato chain, Anita, plans to open its first New York City branch. The 1,076-square-foot branch in 2nd Ave will offer 150 flavors ranging from dairy to seasonal fruit-based sorbet to sugar-free and vegan varieties, served from huge glass vitrines.

Israel’s Mellanox is in the process of being taken over by Nvidia . But this hasn’t stopped it growing.  After record-level recent profits it has now acquired Irish network intelligence startup Titan IC Systems.

As reported previously Israeli startup Wiliot’s innovative sensor uses radio waves to power IoT devices without batteries or electrical wiring.  Wiliot has just raised $20 million in funds from PepsiCo, Verizon and others.

US business magazine Fast Company named at least 14 Israeli companies in its list of 434 “Most innovative firms in 2020”. The magazine wrote that the companies “lead their fields and are transforming the world.”. Israel’s Healthy.io appeared in the overall top 50 “for diagnosing with smartphones.”

Swiss Federal Railways (SBB) has selected five Israeli startups for a pilot program. They are , HereO, (search for “HereO Israel”) , SoftRide and TIBA Parking Systems. SBB will invest up to $200,000 in testing their technologies.

Over the past two decades, Israeli winemakers have earned a reputation for producing some of the world’s best wines. At the International Kosher Wine Festival in Tel Aviv, Israeli vintners and their fans enjoyed a truly awe-inspiring display of wines from Samaria to the Golan.

Israeli startup Model9 Ltd. has raised $9 million in a funding round led by Intel Capital, the venture arm of chipmaker Intel. Model9 develops a cloud-based service to backup, restore, archive, and encrypt mainframe data sets and files to private or public cloud storage.

Israeli startup Nayax develops cashless payment systems for unattended machines. It has just taken over Israeli startup Modularity and its credit card payment clearing technologies for Android devices. Modularity also allows businesses to offer clients cash withdrawal services.