Category: Business

Israel’s Pecan.Ai Offers Predictive Analytics – Raises $35 Million The company uses AI. Pecan.Ai (Facebook Pic) Pecan.ai is an Israeli predictive analytics startup which utilizes artificial intelligence tech. The company just raised $35 million in a series B round led by GGV Capital. Cofounder and CEO Zohar Bronfman says that the funds will allow Pecan […]

Cymulate Offers SaaS Continuous Security Validation Platform – Raises $45 Million Cybersecurity is more important than ever. Cymulate (Twitter) Israeli cybersecurity startup Cymulate offers a SaaS based Continuous Security Validation platform. The company raised $45 million in a Series C funding round, led by One Peak, together with existing investors Susquehanna Growth Equity (SGE), Vertex […]

Valmont to Acquire Israeli Ag Tech Firm Prospera Technologies for $300 Million Valmont Industries, Inc. (NYSE: VMI), a global provider of engineered products and services for infrastructure and irrigation equipment and services for agriculture, has entered into a definitive agreement to acquire Israeli ag tech company Prospera Technologies Inc., a privately-held Israeli-based AI company, focused […]

Wix Acquires Israeli Internet Greeting Card Startup Rise.ai The price was not disclosed. Wix eCommerce Israel’s highly successful do it yourself website hosting service Wix (Nasdaq: WIX), a leading global SaaS platform to create, manage and grow an online presence, has just acquired Israeli startup Rise.ai, the gift card and customer re-engagement solution for online […]

Israeli startup Umoove Helps Clear Distressed Minds In A Blink Of An Eye MindReset app currently includes treatments for depression, anxiety, chronic stress, trauma, chronic fatigue, and insomnia  Umoove, a mobile software technology company based in Israel, has announced the release of MindReset, an app that will help users clear their minds through very fast, […]

Bank Leumi Might Sell Leumi USA It may also have it go public. Israel’s Bank Leumi is considering unloading its American division Leumi USA. The sale could be for as much as $1 billion, according a report in Bloomberg which cited people close to the matter. According to the report, the Israeli bank which is […]

Israel Cybersecurity Co White-Hat Bought Out by EPAM for $50 Million Cybersecurity firms are hot these days. White-Hat, an Israeli cybersecurity startup, has been acquired by EPAM Services Inc., an American digital platform engineering company. While the purchase price was not officially disclosed, Globes has cited sources as saying that it was around $50 million. […]

Barstool’s Dave Portnoy Gets Apology from Mass Mag But not one to him. Its about him. Dave Portnoy, who operates Barstool Sports, is in a feud with Nantucket Magazine. He is angry about a cover story the magazine published about him in its May issue. Well, to be more accurate, Portnoy is angry that the […]

HoneyBook Hits Unicorn Status Helping Freelancers Manage Small Businesses The company is now worth $1.1 billion. HoneyBook Founders (Company PR Kit) Israeli startup HoneyBook which offers a platform for the financial management of small businesses and for self-employed people has hit unicorn status with a valuation of $1.1 billion. The company reached this milestone when […]

Payoneer Teams with eBay on International Payments Payoneer made the deal as it looks to a $3.3 billion IPO. Scott Galit CEO Payoneer Israel’s Payoneer Inc., a global payment and commerce-enabling platform is now collaborating with eBay to enable sellers in select countries to get paid for their sales on eBay’s core marketplace. With the […]