Author: OurCrowd

[Hub Security in PR Newswire] HUB Security acquires European based cyber distribution business

May 31, 2022 |

TEL AVIV, Israel, May 31, 2022 /PRNewswire/ — HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company”), announced today that it will acquire the cyber security assets of a European Cyber firm that has an extensive EMEA distribution network of cyber solutions for major government and enterprise data centers. The company will acquire the activity for approximately $10 million in cash and up to $12 million in shares. Read more...

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[D-ID in PR Newswire] NTT Finance invests in D-ID, world leader in AI-driven creative media

May 31, 2022 | ,

TOKYO, May 31, 2022 /PRNewswire/ — NTT Finance, financial group company of Japanese telecommunications giant NTT, invested in D-ID, the world leader in AI-driven creative media. The funding is part of D-ID’s recent $25 million Series B round. The round was led by investment firm Macquarie Capital, with significant investments from Pitango, AXA Venture Partners, OurCrowd, OIF Ventures, Maverick and Marubeni. The new infusion brings D-ID’s total funding to $48 million. Read...

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[OurCrowd on CNBC] Israel, United Arab Emirates sign historic $10bn trade deal

May 31, 2022 | ,

OurCrowd CEO Jon Medved, spoke to CNBC’s Dan Murphy about the significance of the free trade agreement signed today between Israel and the UAE saying, “You really can’t underestimate the importance of this sand curtain having come down between Israel and the UAE, and the kind of momentum it’s building in not just the region, but in the broader world.“CNBC referred to the agreement as “the most significant trade deal that Israel has ever signed with an Arab country”. Watch the full interview...

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