Author: OurCrowd

[Maniv Portfolio Company in Globes] Car communications company Autotalks raises $25m

The company develops chips for communications between vehicles and infrastructure in autonomous cars. Sources inform “Globes” that Autotalks is set to complete a $25 million financing round at a company value of $100 million. The Magma fund, which had already invested in Autotalk, is leading the round. An Asian financial giant has also invested in the company in this round. Autotalk, which already has offices in Japan and South Korea, has raised $40 million in three rounds to date. Read more on Globes...

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[eVigilo in The Jerusalem Post] Israeli missile alert technology saves lives in Chile

The Israeli company, eVigilo, specializes in mass-notifications and has been using its innovative technology to save countless lives. An Israeli company, eVigilo, is behind Sunday’s mass evacuation from an earthquake in Chile, which likely saved thousands of lives from the temblor and subsequent tsunami that hit the country’s southern coast. After a 7.7-magnitude earthquake was registered on Sunday by Chile’s naval oceanographic service, Chile’s National Emergency Office ordered an evacuation of more than 4,000 residents and tourists from the nearby coastal areas in anticipation of a potential tsunami. The timely warning and evacuation alert were issued via the software platform of Netanya-based eVigilo to thousands of cellphones in the threatened area. Read more on The Jerusalem Post...

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[OurCrowd in ETtech] Israel’s OurCrowd is looking to onboard Indian investors

Israeli crowdfunding platform OurCrowd is looking to bring Indian angel investors on board to fund companies in Israel and in other countries and has caught interest of prominent angel investor Mohandas Pai as well as Indian crowdfunding platform LetsVenture. Pai said he is set to join the platform and will look to invest in deep-tech companies in Israel. Read more on ETtech...

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[Appdome in Business Wire] Appaloosa and Appdome partner to offer faster and easier mobile app security

Appdome is the mobile industry’s first cloud service that automates mobile app integration by fusing services such as security and mobility management to mobile apps through their AppFusion Platform. Thanks to AppFusion by Appdome and Appaloosa, mobility professionals can secure and deploy their private apps in a few minutes only. With AppFusion, access to source code is not required. Once the fuse is made, the private app can be deployed and managed via the Appaloosa Store: user access is verified and stolen or lost devices can be blacklisted for example. Mobile teams are more independent and agile when dealing with their app deployment. Read more on Business Wire...

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[UPnRIDE in Israel21c] 15 ways Israel amazed and inspired the world in 2016

UPnRIDE Robotics of Yokneam Illit introduced UPnRIDE 1.0 at the end of September and expects the revolutionary mobility device – which brings unprecedented mobility to paraplegics and quadriplegics — to be on the market in the second half of 2017. UPnRIDE’s jointed braces and harnessing straps provide support when transitioning between sitting and standing positions. Cutting-edge motion technology and real-time computing automatically balance and stabilize UPnRIDE on sloped sidewalks, parking lots, ramps and low stairs. Read more on Israel21c...

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