Israel
IBM To Open New Center Of Excellence
IBM and Ben-Gurion University of the Negev will be establishing a center of excellence for security and protection of infrastructure and assets, located in...
Moovit Raises $28 Million
Israel-based crowdsourced transit mobile service Moovit has raised $28 million round led by Sequoia Capital, with participation from its existing investors BRM Group and Gemini Israel Ventures. Gili Raanan will represent Sequoia on the Moovit board.
Apple Buys 3D Sensor Technology Company PrimeSense
Apple has acquired Israel-based 3D sensor company PrimeSense for a reported $360 million.
PrimeSense technology was used to power Microsoft Kinnect (the Redmond giant now...
Compass-EOS Closes $42M Funding Round
Israel-based Compass-EOS has closed a $42 Million round of financing, that includes participation of existing investors Comcast Ventures, Cisco, Pitango Venture Capital, Benchmark Capital,...
Tel Aviv Working With NASA On Magnetic Transport Pods For Mass Transit
Tel Aviv, Israel, is on its way to becoming the first city to add personal pods to the mass-transit system. The SkyTran personal mass-transit system...