Ayalon

VentureIsrael Leads $2.2M Seed Round in Israeli Startup Cydome, the World Leading Maritime Cyber Security Solution

Retrieved on: 
Wednesday, January 27, 2021

TEL AVIV, Israel, Jan. 27, 2021 /PRNewswire/ -- The seed investment round of $2.2M was led by Israeli early-stage deep tech fund VentureIsrael , with participation of private investors from Israel and Singapore.

Key Points: 
  • TEL AVIV, Israel, Jan. 27, 2021 /PRNewswire/ -- The seed investment round of $2.2M was led by Israeli early-stage deep tech fund VentureIsrael , with participation of private investors from Israel and Singapore.
  • The funding will be used to accelerate from pilot projects to full deployment of the Cydome solution among key customers and partners.
  • "We are happy to have VentureIsrael as our partners and looking forward to work together and protect the maritime world," says Nir Ayalon, CEO and Founder of Cydome.
  • VentureIsrael focuses on startups from the Seed stage to Series A, with technology solutions expected to be in high demand in the short and medium term.

Ayalon Highway and Waycare Launch Data-Driven Pilot Program

Retrieved on: 
Monday, November 30, 2020

TEL AVIV, Israel, Nov. 30, 2020 /PRNewswire-PRWeb/ -- Netivei Ayalon , an Israeli Highway Agency, is partnering with Waycare to utilize its cloud-based platform for traffic management operations and AI-powered safety insights.

Key Points: 
  • TEL AVIV, Israel, Nov. 30, 2020 /PRNewswire-PRWeb/ -- Netivei Ayalon , an Israeli Highway Agency, is partnering with Waycare to utilize its cloud-based platform for traffic management operations and AI-powered safety insights.
  • Ayalon Highway is a busy intra-city freeway passing through Tel Aviv.
  • The Fast Lanes project will add new lanes to the Ayalon Highway for toll-paying cars, public transportation, High Occupancy Vehicles (HOV), and shuttles.
  • As part of the program, Waycare has helped Ayalon's Traffic Management Center leverage data from several partners including Waze , Otonomo , and Climacell .