Author: OurCrowd

[Xage Security in Industrial Cyber] Xage appoints Geoffrey Mattson as CEO, as demand for zero trust cybersecurity mesh in OT environments drives revenue

Zero trust security firm Xage Security announced Wednesday that it has named entrepreneur and cybersecurity executive Geoffrey Mattson as CEO, bringing with him vast experience as a ‘leader’ in R&D, product development, and go-to-market (GTM). Mattson will help guide the company in its next phase of growth. Read...

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[OurCrowd Portfolio Companies in The Times of Israel] Israeli AgTech: Driving innovation to feed the world sustainably

Modern Israel’s agricultural ingenuity has impressed the world since it first began to “make the desert bloom” in the 1950s, but as it turns out, Israel has been a global center for farming innovation for much, much longer. In 2015, researchers from Tel Aviv, Haifa, Ben Gurion, and Harvard universities found the oldest evidence for crop cultivation at Ohalo II, an archaeological site on the southern shore of the Sea of Galilee, from 23,000 years ago. This indicates that farming developed in Israel a full 12,000 years before archaeologists had previously estimated that agriculture began. Read more...

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[ThetaRay in TechCrunch] ThetaRay nabs $57M for AI tools to fight money laundering

Money laundering — the process of transferring assets around in order to disguise the illicit origin of the money behind them — has been a huge and growing business for years, used by terrorists to finance their work, criminals to wash their spoils, (some) fat cats to avoid taxes and more. Aided by the rise of digital tools to speed up the flow of funds, and increasingly sophisticated techniques to evade detection, bad actors are moving between $800 billion and $2 trillion annually, equivalent to 2-5% of global GDP, according to the United Nations. Read more...

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