Google Startup Growth Lab Programme picks up 8 startups in Israel

Among the 8 are Guesty and DayTwo. The Google Startup Growth Lab Programme is essentially a platform which enables startups to expand their reach globally. On Tuesday, Alphabet Inc’s Google stated, it has launched a 4 month program in Israel so that startups can use its expertise and tools to grow globally. Following the completion…

SpaceX launches Israel’s first unmanned moon lander

Israel’s first unmanned moon lander’s Beresheet was launched from Cape Canaveral Air Force Station at about 8:45 p.m. EST (0145 GMT Friday). In a significant development for Elon Musk’s SpaceX, the firm’s Falcon 9 rocket launched off successfully on Thursday night from Florida carrying Israel’s first lunar lander. The development is likely to make Israel…

Cyber security provider Palo Alta to acquire Demisto Inc for $560 million

Demisto develops and markets automation tools for information security management, including a chatbot that assists in handling tasks. Palo Alto Networks Inc, a cyber security company stated it would be acquiring Demisto Inc, a U.S.-Israeli information security firm for $560 million using cash and stock. Founded in 2015 by four McAfee executives, Demisto develops and…

Intel to sink in $10.9 billion for new chip plant: Moshe Kahlon Israel’s finance minister

Intel is one of the biggest employers in Israel as well as one of its biggest exporters. Israel’s finance minister has stated, Intel Corp will sink in $10.9 billion (40 billion shekels) on a new chip plant factory in Israel, as part of its most recent multi-billion dollar investment in the country. “Intel’s global management…

Israeli blockchain startup Orbs receives investments from South Korea’s Kakao Investment

Orb will use the proceeds for R&D, and growth purposes. On Thursday, Israeli blockchain startup Orbs disclosed, it has received an investment from Kakao Investment – the venture capital arm of South Korean internet conglomerate Kakao Corp. Orbs did not disclose the size of the investment. Earlier this year, Kakao had stated it would establish…

Israeli cybersecurity firm Coronet partners with Dropbox

The partnership will extend Coronet’s expertise to millions of Dropbox users. Israeli cybersecurity firm Coronet has stated, it has entered into a partnership with Dropbox. The move brings millions of users within Coronet’s ambit of protection from possible hacker attacks. The partnership will see Coronet’s own security features merge with Dropbox’s own security settings, both…