14 Israel-related headlines from the week of March 1, 2009

March 8, 2009 by Lisa Damast
Filed under: Advertising, Cleantech, Company Briefs, Information Technology, Internet Security, Uncategorized, VC, cloud computing

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News from Israel’s cleantech industry during the week of March 1, 2009 showed that it will continue to grow throughout the recession and that substantial progress is starting to be made, such as with Aora receiving a license for its solar thermal plant on Kibbutz Samar. In contrast, IT companies Comverse and SAP Israel announced layoffs this past week, however, several companies, including ComAbility and Kenshoo, raised funds and new partnerships were announced. For more details on these and the rest of the 14 Israel-related headlines from the week of March 1, 2009, check below.

Cleantech

1. Cleantech faces wave of growth, not layoffs

2. IQwind a Red Herring Top 100 Global Company

3. Aora Gets License for Solar Thermal Plant

Investments and Economy

4. Comverse to fire hundreds – many in Israel

5. Sequoia Capital leads Second round of financing for AICC Member Kenshoo Ltd.

6. Israeli technology company ComAbility secures a further $4m in venture funding

7. Onset Technology lands $3M venture round

Information Technology

8. SAP, IBM to Showcase Tech for Cloud Mobility

9. Ness Technologies Uses WorkLight to Secure Social Media