Israel Innovation 2.0

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Tweet Microsoft Israel announced earlier this month that it is making its DreamSpark program available to students in high-school and university in Israel. According to the site, the program – which will provide $10 million in equipment – enables students to “download professional-level Microsoft developer [and design] tools to advance your learning and skills through […]

Tweet Globes reported today that SAP’s recent announcement that it was cutting 6% of its global workforce (3,000 jobs) would likely include some layoffs to its Israel division.   Despite its reaching €3.5 billion revenue for the fourth quarter in 2008, SAP’s software sales were down 7%. According to Globes, SAP co-CEO Leo Apotheker said, “The […]

Tweet Earlier this month, Jon Brodkin of Network World named Axxana to his list, “10 start-ups to watch in ’09“. Today, he included the enterprise storage company as one of five vendors who are pushing flash technology for the enterprise in “How flash is changing storage…” In October 2008, Axxana exited stealth mode at the Storage Networking World […]

Tweet During the week of January 18, 2009, business was back to normal for better and for worse. Announcements were made that Israel is planning the largest desal plant and Varonis and SAManage received funding. On the other end, the Israel Venture Capital Research Center released VC funding numbers for the fourth quarter of 2008 […]

Tweet Though 2008 was clearly a tough year for companies and venture capital funds in Israel and worldwide, several announcements this week have given a better picture of the extent of its impact on Israel’s Silicon Wadi. Globes reported this past week that Aviv Venture Capital raised $52 million for its Aviv II Fund last […]

Tweet SAManage, a provider of on-demand (SaaS) IT Management services with an R&D office in Israel, announced today that it has secured an undisclosed amount of Series A Funding from Xenia Venture Capital and existing investors to help support its growth and development of new SaaS-based services. The company, which was was founded in 2007 by […]

Tweet Israel-based ClickSoftware Technologies, a mobile workforce management and service optimization solutions provider, recently announced its new solution for customer interaction management and the addition of it to the ClickSoftware’s ServiceOptimization Suite.  The new solution, ClickContact, automates the process of customers scheduling and maintaining appointments over the Internet in a way that gives them more control and […]

Tweet During the week of January 11, 2009, the war in Gaza escalated and news about Israeli tech companies continued. The biggest news of the week was that multi-touch technology company, N-Trig raised $24 million in its latest round of funding, the majority coming from Microsoft. Better Place announced its partnership to bring electric cars […]

Tweet Israel-based Aladdin Knowledge Systems announced today that the software security company has agreed to be acquired by an investor group lead by private equity firm Vector Capital, which specializes in the technology industry, for about $160 million. Aladdin was covered on Israel Innovation 2.0 in August 2008 after its eSafe product was awarded a […]

Tweet During the week of of January 4, 2008, aside from the escalation of Israel’s operation in Gaza and more attacks on Israeli websites, one of the biggest stories in the tech world was the launch of Israel-based Ctera’s new storage device. Another was that Israel issued its first solar licenses for solar power plants. […]