CTech

CTech is a technology news site providing an international readership with real-time, high-impact stories from the Israeli tech scene.

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Israeli VC firm Viola Growth targets raise of third, $280 million fund

Editor’s note: This exclusive article from CTech (Meir Orbach) was syndicated with permission. Israel-based venture capital fund Viola Growth, of the Viola Group, is raising a third fund. According to documents filed with the U.S Securities and Exchange Commission in April, the fund has already raised $40 million in commitments, but several people familiar with […]

Salesforce acquires Tel Aviv-based conversational AI startup Bonobo for a reported $50 million

Editor’s note: This exclusive article from CTech (Meir Orbach) was syndicated with permission. Software company Salesforce.com Inc. is acquiring Tel Aviv-based conversational AI startup Bonobo, incorporated as Bonobot Technologies Ltd., the company announced Thursday. The company did not disclose the financial terms of the deal, but one person familiar with the matter who spoke to […]

Palo Alto Networks in talks to acquire information security automation firm Demisto

Editor’s note: This exclusive article from CTech (Meir Orbach) was syndicated with permission. Palo Alto Networks Inc. is in talks to acquire information security firm Demisto Inc., according to three people familiar with the matter. Demisto co-founder Dan Sarel declined to comment on the matter. “The company is now experiencing significant growth in both sales and number of […]

Check Point Software acquires Tel Aviv-based cloud cybersecurity company Dome9

Editor’s note: This exclusive article from CTech (Drir Reich) was syndicated with permission. Nasdaq-listed network and cloud security provider Check Point Software Technologies has acquired Tel Aviv-based cloud cybersecurity company Dome9 Security, the company announced Wednesday. The company did not disclose the financial terms of the deal, but one person familiar with the matter who […]

Israel-based taxi-app company Gett raises $80 million at $1.4 billion valuation

Editor’s note: This exclusive article from CTech (Asaf Shalev) was syndicated with permission. Gett, an Israel-based developer of a taxi-hailing app, announced Thursday an $80-million funding round from Volkswagen and other previous investors in a deal that takes the company’s valuation to $1.4 billion. The investment of cash brings Gett’s total equity funding to about […]

Verint Systems is reportedly negotiating a $1 billion merger with Israeli cyber surveillance company NSO Group

NSO Group’s co-founder Omri Lavie. Photo: Amit Sha’al Editor’s note: This exclusive article from CTech (Orr Hirschauge and Amarelle Wenkert) was syndicated with permission. Nasdaq-listed surveillance and business intelligence company Verint Systems Inc. is negotiating a $1 billion merger with Israeli cyber surveillance company NSO Group for in a cash and stock deal, according to […]

Samsung partners with Tel Aviv-based audio search startup AudioBurst, invests $4.6 million

Editor’s note: This exclusive article from CTech (Tofi Stoler) was syndicated with permission. Samsung has invested $4.6 million as part of a partnership with AudioBurst, a Tel Aviv-based startup that develops an audio content search engine. AudioBurst announced the partnership on Wednesday. As part of the partnership, AudioBurst’s technology will be integrated into Samsung’s products […]