Borderfree on its way to becoming next Israeli billion dollar new IPO
Israel’s Borderfree, a global e-commerce platform for retailers, began trading on the NASDAQ last week with gains of more than 25% following its IPO. The jump in Borderfree‘s stock reflects a market valuation of more than $600 million. To read more about Borderfree’s successful debut on NASDAQ, click here.
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OurCrowd’s portfolio company Abe’s Market featured on Bloomberg TV
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Technology Corner
Robots are what makes this Israeli solar farm super-efficient
The Kibbutz Ketura solar park, jointly owned by Siemens AG and solar energy pioneer Arava Power, has become the world’s first autonomously-cleaned solar energy production facility. Each night, the 20-acre facility is cleaned by 100 Israeli-made robots, which brush and clean the hundreds of solar panels that generate 9 million kilowatt hours of electricity per year. To read more about Kibbutz Ketura’s solar park and the robot cleaning crew, click here.
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Updates You Might Have Missed
Trending Israeli Entrepreneurs
What drives Israel’s serial entrepreneurs?
Israel has more serial entrepreneurs per capita than any other nation. ISRAEL21c uncovers some surprising motivating factors pushing them to succeed. One remarkable conclusion is that it’s not about the money. To read more about what’s important to our smartest and brightest, click here.
30 Israeli startups fishing for top Red Herring tech award
Each year for the past decade, multiple Israeli companies have been nominated for the Top 100 Company of the Year Award from Red Herring, the tech news magazine. This year, Israel set a new best, with 30 startups nominated in the RH Top 100 Europe category, where Israeli firms compete. To read more, click here.
Israeli mobile security startup Accells Technologies was snapped up by US cloud security firm Ping Identity, which provides online identification and single sign-on software. Ping Identity will gain a team of mobile engineers based in Israel to drive the organization’s investment in mobile. To read more about the deal, click here.
OurCrowd’s News Nuggets
FTBpro, a fan-generated media platform for football, raises $18M (GeekTime)
Project RAY creates advanced smartphone & apps for the blind (NoCamels)
Palo Alto Networks to buy Israeli startup Cyvera for $200M (Reuters)
Two new Israeli shoe technologies put high-tech in your step (Israel21c)
HereO’s GPS watch lets parents keep track of their kids (Times of Israel)
