Cloud app protection co Aqua Security raises $30m
Aqua Security, which protects container-based, serverless and cloud native applications, announced today that it has closed a Series D $30 million financing round led by Greenspring Associates, with participation of previous investors Insight Partners, Lightspeed Venture Partners, and TLV Partners. This investment brings the total raised by Aqua Security to $130 million.
Netivei Israel to Invest NIS 10 Million a Year in Local Startups
Netivei Israel, formerly the National Roads Company of Israel, is launching a new division dealing with innovation and strategy. The purpose of the new division is to increase the use of technology in the transportation infrastructure in Israel.
The new division will focus on three main areas: a pilot program to continuously implement new technologies to handle existing infrastructure, transport management, and initiating extensive research programs. The annual budget for the new division will be about NIS 10 million ($2.83 million).
Porsche unites with Israeli start-up to make cars 'safer and smarter to drive'
Israeli smart car start-up Tactile Mobility will be teaming with German sports car manufacturer Porsche to implement technology allowing for a “safer and smarter” driving experience.
Tactile Mobility develops technology that uses data from car sensors and allows autonomous vehicles to get “a feel of the road,” by analyzing tactile data and artificial intelligence, according to Calcalist.
"We are very proud to announce that we will embed our software in Porsche vehicles in order to make them smarter, more enjoyable to drive, and safer to drive."
In a World Without Sports, Clubs can Still Retain Fan Support
Haifa-based startup Pico, which has created a technology to turn engaged, anonymous sports and entertainment fans into identifiable customer profiles to support business objectives, is one of those companies.
Pico not only increased its number of clients to around 40 clubs and franchises, but also officially closed in recent weeks its $3 million funding round led by Silverhorn Group and RSBG Ventures.
Pico uses user-generated content finder, fan polls, trivia quizzes, find the difference games, Emoji messaging and more to entice fans to communicate with brands directly over digital channels, such as Facebook, Twitter, a mobile app or website. With AI (Artificial Intelligence) and machine learning algorithms, it creates detailed profiles on each fan.
Facebook to acquire Giphy for $400 million
Facebook has agreed to a deal with Giphy to acquire the GIF platform for $400 million, according to Axios.
The report points out how Giphy was last valued at $600 million and had received around $150 million in funding since it launched in 2013
According to Giphy’s announcement, the company and its employees will join Instagram’s team.
As The Verge mentions, Facebook has already deeply integrated Giphy into its platform. The social networking giant uses Giphy’s API to provide GIFs to Facebook, Facebook Messenger, Instagram, and WhatsApp.
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