Israel Innovation 2.0

Inside Israeli Technology

Browsing Posts tagged Partnerships

Despite the economic downturn, Israel’s startup scene is as strong and vibrant as ever. Just as the innovation hasn’t stopped, neither has the need for outside funding to develop these exciting technologies. Several conferences and forums have been organized in the past few weeks to maximize the access of Israeli startups to the funding they need. One that hasn’t happened yet, but will on June 4th in LA, is the The Israel Conference.

Considered the first of its kind, The Israel Conference will have more than $20 billion in capital represented when it brings together over 50 Israel-facing companies to showcase Israeli excellence in technology and products and to expand business and investment opportunities between Israel and California. 

Presenters and panelists include Yossi Vardi (“the Father of Israeli Hi-Tech”), Erel Margalit (founder of Jerusalem Venture Partners, a venture capital fund) and Jeff Pulver (social media guru and VoIP pioneer) . The presentations will cover a wide range of topics from a look at VCs and the CEOs they back (why they were funded and the results today) to green tehcnology (how innovation in that field is helping the earth and changing our lives) and sales opportunities in a slow economy (where the money is, what the current market is like and how Israeli companies are maintaining a competitive edge). 

Some of Israel’s overall edge and Caifrornia’s role in it can be attributed to the following:

  • Israel has over 8,000 patents from a population of just 7 million. 
  • Within the past 15 years, major companies have risen that were developed in Israel and have their corporate office in California with job creation in the hundreds of thousands, world-wide. A number of these are Fortune 500 today with corporate offices in California such as Check Point, Zoran, and Amdocs.
  • Israel has the largest number of scientists in the world per capita at 145/10,000 compared to the US with 85/10,000.
  • In 2008, over $2B in capital was invested over 480 Israeli high-tech companies, an increase of 18% over prior year with 50% coming from funds outside of Israel, mostly from the US.
  • Over the past 3 years, Israeli firms raised $2.3Billion in IPOs on exchanges around the world while over $18B was spent on acquisitions of Israeli High Tech companies.

The conference will also feature a presentation by Bob Rosenschein, the CEO and Founder of Answers.com, one of the Top 20 fastest growing Websites. I recently had the chance to interview  Rosenschein and will post about that next in this series.

sentrigologoSentrigo, an Israel-based database security software company, announced last week that it has become the sole distributor of Repscan by Red-Database-Security, “the only 360-degree database vulnerability assessment and security scanning software available for Oracle databases.”

The move helps Sentrigo solidify its hold on the database security market by complementing its Hedgehog database activity monitoring software with software that monitors and identifies Oracle database weaknesses and vulnerablities. In specific, Repscan can “detect insecure PL/SQL code and forensic traces; database modifications; insecure system configuration settings; and weak, shared and default passwords.”

Some main Repscan features include: 

  • Report-driven penetration testing
  • Altered data detection (privileged and user tables)
  • Forensic trace discovery from common security and hacker tools
  • Automatic conversion of the weaknesses found by Repscan into protection rules and policies in the Sentrigo Hedgehog Database Security Suite

 

According to Sentrigo’s website, Hedgehog Enterprise

“is for organizations that require breach prevention, end-user identification, virtual patching, integration with your existing security infrastructure, IT governance and operate with enterprise-wide database deployment.”

The software also

“provides full visibility into all database activity including local privileged access, protects the database in real-time with actionable alerts and prevention capabilities, and allows enterprises to enforce security policy and comply with regulatory requirements, such as PCI DSS, Sarbanes-Oxley, SAS 70 and HIPAA.”

As an aside, Oracle is currently in talks to purchase Sun Microsystems for over $7 billion and enter the hardware market.

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During the week of April 12, 2009, talk continued about the pros and cons of Shai Agassi’s electric car plans and Check Point announced its purchase of Nokia’s security appliance business. In addition, business transaction management (BTM) company, OpTier was named a 2009 Hot Company by Network Products Guide and frogs might hold the answer to the effects of alcohol during development. For these headlines and more, check below for this week’s 11 Israel-related headlines.

Cleantech

Batteries Not Included

Saving energy – one step at a time

Going On A Water Cequesta

Investments, M&A and the Economy

Check Point Software Technologies acquires security appliance business of Nokia

Int’l credit crunch shifts Israeli business focus in China

Information Technology

PeerTV Announces MX 3.0 Content Management Tool

Red Bend Software ‘Continues to Dominate’ in Firmware Over-the-Air Updates, According to New Ovum Study

OpTier Named a 2009 Hot Company by Network Products Guide

Miscellaneous

Israel turns to robotics to boost students’ interest in high-tech industry

Israeli companies make Forbes’ list

Frogs Reveal Clues About The Effects Of Alcohol During Development

hisensedrmThis week has been filled with news about both more layoffs and funding. While the layoffs are more overwhelming than the investment deals, the most positive news thus far has not been about the investments made but about the investments that might be made in 2009. Globes has reported that the Chinese electronics company, Hisense, is actively looking into R&D possibilities in Israel in 2009. 

Hisense is currently a large domestic consumer electronics manufacturer in China and plans to expand into a global technology company. In an effort to make that happen, the company sent a delegation to Israel last week to look into “acquiring, investing in, and collaborating with, Israeli technology companies.” Companies the delegation met with included Siano Mobile Silicon Ltd., modu Ltd., Discretix Ltd., and Red Bend Software Ltd

According to the Globes article, Hisense expects Israeli technology to help the company achieve it’s short- and long-term goals for becoming a global technology force, which include finding technologies to integrate into its products as soon as possible as well as technologies that can improve Hisense’s products after more development.

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Much attention in the news was paid to Israel’s operation in Gaza during the week of December 28, 2009, including to online technology related to it. Different Israeli government branches, from the IDF to Israeli Consulates in the U.S., began to leverage popular social media tools, such as blogs, YouTube and Twitter, to explain the purpose of Israel’s operation and its objectives, while supporters around the world used the same mediums and others, such as Facebook, to show their support for Israel and its troops. During the week it also became clear that the conflict wouldn’t be bound to physical operations as several Israeli sites became the targets of cyberterrorism.

Despite the conflict, there was plenty of news of unrelated innovations coming from Israel. Funds were raised and contracts were signed in Israel’s IT and cleantech sectors and announcements of foreign companies opening R&D offices were made. Not all the news that wasn’t related to the conflict was good though. For all these stories and more, check out this week’s special edition of Israel-related headlines from the week of December 28, 2008 below.

Israel-Hamas Conflict (Technology side)

1. Israeli news site down, blames cyber attack

2. Muslim hackers attack Israeli websites as Gaza strikes continue

3. Israel Backed by Army of Cyber-Soldiers

4. War sickens me, but I stand with Israel (HelpUsWin*)

5. The Big War You Never Hear Much About

6. Israeli Consulate to tweet about Gaza war

Cleantech

7. Israel’s SolarEdge Raises $23M to Crush Shady Solar

8. BrightSource Energy signs contract with Siemens for solar-powered generator

Investments and deals

9. 2009: Year of the survival of the fittest

10. Bluephoenix Announces Multi-Million Dollar Modernization Contract With a Large Scandinavian Bank

11. Intrinsyc Signs Soleus Licensing Agreement With ODM for Industrial PDA and LBS Phone
12. Oy Vey! Israeli VCs Exceptionally Gloomy on 2009

Information Technology

13. HCL opens office in Israel

14. Invention: Software research assistant

15. EMC continues to move forward

Miscellaneous

16. The American Idol for blogging superstars

17. One to Watch: Tvinci

18. Israeli’s documentary is drawing wide acclaim

19. MyHeritage Makes Family History Research Easier With Launch Of Family Tree Builder 3

20. Crude oil rises after Israeli attacks on Gaza roil Middle East

Israel Innovation 2.0 content related to Israel-Hamas conflict

21. Direct from the streets of Gaza… and Israel. How TechCrunch UK’s post could have read regarding UGC

22. Cyberterrorism against Israeli and American sites: How to Stay Secure

Video from IDF Spokeperson’s Unit TouTube Channel (Capt. Benjamin Rutland on the ground forces entering Gaza on 3 Jan. 2009)

*HelpUsWin is an online grassroots campaign helping to ensure that international coverage of the Campaign Against Hamas is balanced. To learn more about it or how you can become involved, please check out the HelpUsWin website.

intrinsyc-soleus-destinator-logoEarlier this week, Intrinsyc, a mobile and embedded software solutions provider, announced that it signed a Soleus license agreement with a large Original Design Manufacturers (ODM) of computers and consumer electronics devices to use the Soleus software platform to create a handheld barcode-reading payment device, and a mobile phone capable of delivering location-based services (LBS).

According to a description of Soleus,

“Soleus is a comprehensive mobile software platform, with a telephony stack and a large applications portfolio, which enables mobile and portable device makers to develop and deploy an array of mobile devices quickly. Built on Windows Embedded CE, the flexible Soleus software platform allows numerous feature-set variations to meet the requirements to develop multiple handheld and handset designs.”

Intrinsyc’s Soleus deal comes after several announcements by the company last month and in October regarding deals for its Israel-originated Destinator software. One of the announcements was that Intrinsyc signed an agreement with an OEM to license its Destinator  for touch-screen handset and another was that it released a version of the Destinator navigation product for Symbian smartphones and had a distribution agreement with SatNav Technologies for them in India. 

According to a description of Destinator,

“Destinator navigation software sets new standards for driver safety, ease-of-use, rich content and user interface customization. The software delivers world-class turn-by-turn navigation with market-leading safety features for personal navigation devices (PNDs), personal digital assistants (PDAs) and smartphones, while also providing cellular, Bluetooth, Wi-Fi and PC connectivity. Destinator is an ideal software solution for in-vehicle and pedestrian-oriented navigation and content browsing.”

Under the touch-screen handset agreement, Destinator software will be integrated to provide a complete navigation solution for a GPS-enabled Windows Mobile handset that is being developed for Asia and Latin America specific Asian and Latin American markets. Additionally, the devices will come pre-loaded with country-specific maps and language support.

In the SatNav deal, SatNav, a GPS technology provider, will distribute the Destinator program for Symbian smartphones. Destinator software will offer Symbian users a feature rich onboard navigation application that combines location with a series of value-added features such as text message location tagging and auto re-routing based on traffic information.  The deal marks Destinator’s now being available on all the major mobile device operating systems. 

Destinator software was originally developed by the Israeli company Destinator Technologies. In July 2008 the company was acquired by Intrinsyc and remains in Israel now under the Intrinsyc name. 

Company Facts

Founded in 2001.

Intrinsyc Software Ltd. (Destinator division) based in Herziliyya, Israel.

Yuval Pecht, Director, PND Product Management.

Products: Destinator and Soleus.

Website: www.intrinsyc.com.

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The week of of December 14, 2008 was filled with news from the Madoff scandal, including reports that the Technion-Israel Institute of Technology lost $72 million. Israel’s clean technology continued to draw interest from different states in the United States and reports were releases that U.S. investors are still seeking to invest in Israeli companies. A partnership between IBM and Samsung led to the development of a software reuse technology and WorkLight announced that it partnered with NetVibes to develop new secure widget technologies for the enterprise. For these stories and more, check below for the 13 Israel-related headlines from the week of December 14, 2008.

Cleantech

1. State of Georgia looks to Israel for solutions to energy and water challenges

2. MRI, Israeli firm will create renewable energy technology center

Investments and Economy

3. US investors seek out Israeli high-tech opportunities

4. Peres calls for tax breaks for growth industries

5. Government Gives Boost to Hi-Tech

Information Technology

6. IBM Israel and Samsung develop software reuse technology

7. BitBand Introduces Leading-Edge Solid-State Video Server Line Based on Commercial-Off-The-Shelf (COTS) Hardware

8. WorkLight® and Netvibes Pair Up To Develop New Secure Widget Technologies for the Enterprise

9. Aternity Reports 2008 Milestones, Signals Industry-Wide Embrace Of Next-Generation Application Performance Management

Miscellaneous

10. Ron Yekutiel, Chairman and CEO of Kaltura (TV Week interview)

11. Terrorism spurs interest in Israeli tech

12. American Technion Society takes $72 million hit in Madoff scheme

13. USA Hockey to form Intelligym (Applied Cognitive Engineering Ltd.)

Bonus: Angel investor and Web 2.0 icon, Jeff Pulver hosted his famous real time social-networking breakfast twice in Israel this past week. The first one he hosted was in Tel Aviv on Tuesday, December 16th, which brought together over 400 people in Israel’s hi-tech industry. The second one was the following day, when Pulver hosted his first social networking breakfast in Jerusalem. The picture below is from the Jerusalem event. Pulver is in the center wearing a  Hawaiian shirt.

jp_jlem_bfast

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During the week of December 7, 2008 there was a lot of activity in the cleantech sector. Better Place made a few announcements, including its latest deal in Japan and the Technion-Israel Insitute of Technology in Haifa announced that engineers there invented a road surface that generates electricity as cars drive over it. In the IT sector, Actimize, a risk management software company and NICE Systems company,  expanded its partnership with IBM and ActionBase, a provider of Human Process Management Solutions (HPMS), announced its partnership with BackFlip Software to provide instant connectivity to mobile customers.  For these and the rest of this week’s 16 Israel-related headlines, check out the list below.

Cleantech

1. Better Place Goes to Japan

2. Nine clean technology predictions for 2009

3. A group of Israeli engineers have invented a road surface that generates electricity as cars drive over it

Information Technology

4. Actimize Expands IBM Partnership; Embeds Technology to Fight Fraud and Financial Crime

5. BitTorrent and Oversi Collaborate to Deliver Optimal P2P Solution for ISPs in Today’s Financial Downturn

6. N-trig to uses ARC IP in touch screen technologies

7. IBM Research and Samsung Electronics to Boost Automation in Consumer Electronics Industry

8. SaaS and CRM: 30 Percent Penetration by 2012

9. SpeedBit Announces the All New DAP 9

10. ActionBase Utilizes BackFlip Software for Instant Connectivity to Mobile Devices

Telecom

11. Micronet Awarded SIIRD Grant to Develop a New Hybrid Fix-Portable 7′ Color Mobile Data Terminal

12. Chat with your friends without Internet connection

Miscellaneous

13. Birthright guarantees funding through March

14. ‘Social’ life in Jerusalem

15. No Auto Crash for Israel’s Mobileye

16. Israel and Japan Partnering in $1.8 Million Research Programs

Bonus

This past week I came across an interview with the CEO of Check Point that Robert Scoble posted on his Fast Company channel back in May 2008. The interview, which was conducted by Scoble and other tech bloggers, covers what the information security software company does, how it started and why it’s needed, among other things.

SNI-2.JPGFeatured during the week of November 16, 2008 were news of Michigan’s governor signing a water technology partnership agreement with Israel and news that Israel’s current drought is the worst its been in over 100 years. Security firm, Finjan announced that it raised $22 million and AOMi partnered with Cordys. Contradicting stories on the state of the Israel’s hi-tech sector from the Jerusalem Post and BusinessWeek also made the headlines. For these stories and more check out the headlines below.

Cleantech and Environment
1. Israel Facing Worst Water Crisis in More Than 100 Years

2. Mich. governor signs water technologies agreement

3. A Better Place In The San Francisco Bay Area

Investments and deals
4. AOMi Partners with Cordys to Enhance SaaS Business Model

5. ColdSpark Integrates Commtouch Messaging Security Suite into Mail Platform for Large Enterprises

6. Security firm Finjan raises $22 million

7. Boxee Raised $4M today

8. Taboola Funded for Video Recommendation Engine

Information Technology
9. Voltaire Powers World’s Largest Windows Supercomputer

10. HP and N-trig Deliver Innovative Hands-On Computing

11. WorkLight Helps Retail Banks Gain Edge by Embracing Secure Web 2.0

Miscellaneous
12. MSN Israel reborn

13. Infima Tech Introduces JPACK Compression Solution

14. Hard Times Hit Israel’s Tech Sector

15. US to lower Israeli airport’s safety ranking

16. Despite the tough times, Israel’s high-tech sector thrives

About the author:Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

*About the Weekly Headlines image: The Star of David in the image was found on Flickr and is used under the Creative Commons license. It was originally uploaded by Flickr member,zeevveez. The overall Weekly Headlines image was designed by Lisa Damast.

aternitynesslogosIsrael Innovation 2.0 has received word that Aternity Inc. and Ness Technologies have formed a partnership in which Ness Technologies, a global provider of end-to-end IT services and
solutions
, will sell, implement, train and support the Aternity Frontline Performance Intelligence (FPI) Platform in Israel.

In the news release announcing this, Shahar Efal, President of Ness Israel, explains,

“Enterprise-class organizations realize that they need to monitor and measure application performance, usage, and usability not just from the data center perspective, but from the end user perspective. Aternity delivers a unique and extremely effective approach with its Frontline Performance Intelligence platform which represents the next-generation of application performance management technology. We are committed to the successful deployment and implementation of Aternity as the ubiquitous platform for delivering end-to-end visibility into real end user experience for our clients.”

This news follows Aternity’s two-fold announcement back in June of its first set of packaged Frontline Performance Intelligence (FPI) solutions tailored for specific enterprise applications and the launch of its worldwide Partner Program.

In an Israel Innovation 2.0 interview with Aternity at the time, CEO Trevor Matz stated that

“Aternity’s platform uniquely monitors the end-user experience in real time by analyzing, aggregating and correlating desktop performance, application performance and user productivity to help determine and resolve in less time the root cause of any problems. Using the FPI Platform, companies can become proactive in capacity planning, application licensing optimization, and desktop virtualization and orchestration.”

While this partnership will allow Aternity to enter into a new market and help improve the performance of Israeli companies in the process, it can also give Ness – which is “facing intense competition form large players in the IT industry” – the edge it needs.

Related Entries
Aternity in the spotlight
Aternity continues to make the proactive enterprise a reality (Interview with Trevor Matz)
Aternity Headlines
Ness Technologies Headlines

About the author: Lisa Damast currently resides in Israel. Any questions or inquiries regarding this blog can be directed to her via email at lisa (at) israelinnovation20 (dot) com. She can also be followed on Twitter, where she covers additional Israeli technology companies and headlines among other topics.