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israeli startup raise


Israeli Startup Raises $15 Million to Boost AI Due Diligence Platform

#artificialintelligence

CTech – Israeli business intelligence startup Intelligo Group, which has developed an automated due diligence and personnel background platform based on AI (artificial intelligence), has announced a $15 million Series B financing round led by Behrens Investment Group and including several existing investors. Intelligo has raised a total of $22 million to date. The company was founded in 2014 by CEO Shlomo Mirvis, Chief Research Officer Dana Rakovsky and COO Nadav Ellinson. Intelligo currently has more than 100 clients, including top corporations. The company employs 42 people and is in the process of adding to its workforce.


An Israeli Startup Raises $12.5 Million To Help Governments Spy On IoT

Forbes - Tech

Surveillance companies are showing an increasing interest in hacking into IoT devices like the Amazon Echo. With an impressive seed raise of $12.5 million and ex-Israeli Prime Minister Ehud Barak as co-founder, alongside an "all-star" leadership team, Tel Aviv-based Toka Cyber can certainly claim to have nailed the definition of an auspicious beginning. But, as it comes out of stealth Monday, Toka is revealing itself as an atypical force in the digital security sphere, acting as a one-stop hacking shop for intelligence and law enforcement agencies. Whatever spy tool they need, Toka will try to craft it for them. Privacy activists are hoping the company follows through on its promise to operate ethically.