Last year, Google Cloud was selected by the Israeli government to provide cloud services to government ministries.
https://cloud.google.com/blog/products/infrastructure/new-google-cloud-region-in-israel-is-now-open
Showing posts with label Israel. Show all posts
Showing posts with label Israel. Show all posts
Tuesday, October 25, 2022
Thursday, October 13, 2022
Alphawave IP acquires Banias Labs, an optical DSP developer
Alphawave IP has acquired Banias Labs, an Israel-based optical Digital Signal Processing ("DSP") chip developer for data centers for approximately US$240 million.
Alongside the acquisition of Banias Labs, Alphawave has negotiated a non-binding, multi-year purchasing framework with a leading North American hyperscaler that proposes a multi-year roadmap for Alphawave to develop and sell a portfolio of optical products and DSPs, including coherent DSP technology from Banias Labs, with sales potentially ramping to over US$300 million.
Tony Pialis, President and Chief Executive Officer of Alphawave said: "Banias Labs optical DSP technology provides a strong strategic advantage for Alphawave, strengthening our roadmap of DSP silicon solutions for data centers. This acquisition enhances our portfolio of electrical and optical solutions in the most advanced process technologies. The multi-year purchasing framework includes coherent optical solutions, and with the Banias acquisition, Alphawave is expanding its total addressable market by delivering next generation coherent optical solutions for the most advanced data centers."
John Lofton Holt, Executive Chairman of Alphawave said: "We are pleased to welcome the talented Banias Labs team to Alphawave. This acquisition aligns with the strategic priorities that we articulated at our IPO, expanding our technology portfolio in high-speed connectivity to support long-term growth. Coherent optics will enable the next level of efficiencies in data center communications, addressing the increasing bandwidth and power efficiency requirements."
Thursday, August 18, 2022
DriveNets raises $262 million for its cloud-native networking
DriveNets, a start-up based in Israel that offers cloud-native networking solutions for communications service providers (CSPs) and cloud providers, announced $262 million in a Series C venture capital funding round.
The round was led by D2 Investments with the participation of DriveNets’ current investors, including Bessemer Venture Partners, Pitango, D1 Capital, Atreides Management, and Harel Insurance Investments & Financial Services.
DriveNets cites significant market traction since its last funding round in 2021:
- Growing network traffic running on the DriveNets’ Network Cloud solution by 1,000 percent
- Engaging with nearly 100 customers and doubled bookings year over year
- Establishing key strategic partnerships to speed up the deployment of next-generation networks worldwide, including agreements with Itochu Techno-Solutions Corporation (CTC), EPS Global, Wipro Limited, and KGPCo.
- Growing its overall employee base by 30 percent, significantly expanding its operations and deployment teams, and its global reach.
- DriveNets also recently announced the addition of three cloud and networking industry veterans to its leadership team.
“DriveNets’ approach of building networks like cloud allows telecom providers to take advantage of technological efficiencies available to cloud hyperscalers, such as cloud-native software design and optimal utilization of shared resources across multiple services,” said Ido Susan, DriveNets founder and CEO. “This latest round of investment demonstrates our investors and customers’ confidence in us and will enable us to expand the value and global operational support we offer them.”
“DriveNets has demonstrated its ability to move the networking industry forward and has gained the trust of tier-1 operators,” said Adam Fisher, Partner at Bessemer Venture Partners. “While other solution providers are facing challenging headwinds, DriveNets continues to innovate and execute on its vision to change the future of the networking market.”
“DriveNets has already made a big impact in the high-scale networking industry and its routing solutions are adopted by tier-1 operators for their quality and the innovation they enable,” said Aaron
DriveNets powers whiteboxes running Broadcom's J2C+ ASIC
DriveNets'Network Cloud routing software now supports Broadcom’s Jericho 2c+ (J2C+) ASIC using a new white box, the NCP-36CD-S, which can be configured into a 691 Tbps cluster.The new NCP-36CD-S is the third data plane white box available, joining the current NCP-10CD and NCP-40C models. All three white boxes are supported by the same fabric of white boxes (NCFs) and can be mixed & matched in a cluster, offering full flexibility, growth, and...
DriveNets discloses high-profile investors
DriveNets announced that a further $7 million has been added to its Series A financing round and the addition of three new investors: Microsoft chairman John Thompson, Seagate chairman Steve Luczo, and former Palo Alto Networks CEO Mark McLaughlin. DriveNet scales its disaggregated router to 400G Wednesday, April 17, 2019 DriveNets, Start-Ups DriveNets, a start-up based in Israel, announced 400G-port routing support...
AT&T deploys open disaggregated core router
AT&T has deployed its open disaggregated core routing platform on its 400G transport network. The router leverages technology from Broadcom, DriveNets, and UfiSpace. The white box hardware, which was designed and manufactured by UfiSpace, is based on Broadcom’s Jericho2 switching silicon and Distributed, Dis-aggregated Chassis (DDC) design. It consists of three components: a 40x100G line card system, 10x400G line card system, and a 48x400G...
Monday, July 18, 2022
Quantum Machines to head Israel Quantum Computing Center
Quantum Machines, a start-up developing a Quantum Orchestration Platform (QOP), has been selected by the Israel Innovation Authority (IIA) to lead the establishment of the Israel Quantum Computing Center. The center is part of the Israel National Quantum Initiative (INQI) and will host Israel's first fully functioning quantum computer that is available to the commercial and research communities.
Other consortium partners include:
- Elbit Systems is a strategic partner in this project and will be part of the center's advisory board. Elbit will lead the design of quantum applications for the government sector and assign dedicated teams to advance their development.
- QuantWare will provide its superconducting Quantum Processing Units (QPUs)
- ORCA Computing will provide its scalable quantum photonics computing system
- ColdQuanta will provide its cold atoms based quantum computing system
- ParTec will provide a High-Performance Computing (HPC) platform and provide services for the integration of HPC and quantum computing
- Classiq and Super.tech will provide their state-of-the-art software application layer capabilities, including quantum software development tools and benchmarking software for all of the center's platforms.
"We look forward to working with the Israel Innovation Authority (IIA) to lead the development of the country's first fully functioning quantum computing center," said Itamar Sivan, co-founder and CEO of Quantum Machines. "The open architecture approach that Quantum Machines and our world-leading partners in the consortium enable, will ensure compatibility with the quantum technologies of the future. This will allow the center's quantum computer to scale from tens of qubits today, to hundreds and thousands of qubits in the next few years. Our goal is to give Israeli companies access to the most advanced quantum technologies and services so that they can develop deep quantum expertise across industry and academia. This expertise will allow Israeli companies across a broad range of sectors and industries to gain a leading global position."
https://www.quantum-machines.co
Sunday, July 10, 2022
Quantum Source raises $15M for photonic vision
Quantum Source, a start-up based in Rehovot, Israel, announced $15 million in seed funding.
Quantum Source’s vision is to enable scaling quantum computers to millions of qubits using photonic technology.
The round was co-led by Grove Ventures, Pitango First, and Eclipse Ventures.
Oded Melamed, CEO and Co-Founder, Quantum Source: “The difference between small quantum computers that are developed today, with tens or hundreds of qubits, and building efficient, large-scale quantum computers with millions of qubits is huge. The photonic quantum technology that Quantum Source is developing will enable a dramatic leap forward and the realization of quantum computer systems with millions of qubits. These new full-scale quantum computers will have a significant impact on many industries, solving previously computationally impossible problems in multiple sectors, such as drug and material development, finance, and cybersecurity.”
Monday, June 13, 2022
ColorChip introduces Hairtail direct attached cable for 50G PAM
Israel-based ColorChip unveiled its Hairtail direct attached cable (DAC) technology, featuring flexibility, bending insensitivity, and the lightest cable for 50G PAM4 applications.
This technology, when being implemented in the QSFP-DD or OSFP form factors which are made with 16 pairs of high-speed cables, may address the conventional DAC field deployment challenges due to the rigidity and rack routing with greater than 30% cost savings.
ColorChip says the unique construction of the cable makes the typical bending radius and bending space required for conventional cable structure 50% less while twisting, bending, and zip-tying the cable demonstrates no signal integrity degradation. A Hairtail 3m QSFP-DD using a 27AWG cable offers at least 1dB margin in both insertion loss and Channel Operating Margin (COM) versus the IEEE 802.3cd. ColorChip has demonstrated the technology at DesignCon 2022 and now in full production for QSFP-DD, OSFP, QSFP56, SFP-DD, DSFP and SFP56 series.
"ColorChip's engineering innovations are driven by customers' feedback from engineering to operation. We always look into places where we may make contributions to help customers build a more robust networking through our connectivity solutions," said Yigal Ezra, the CEO of ColorChip Group. "The Hairtail technology is a great example that we are addressing the challenges that may never show up during the typical technology evaluation and deployment cycle or even initial field deployment. With this technology, we are expecting the total cost saving on the 400G networking copper connectivity would be at least 30% given the filed deployment labor savings, field failure reduction, and field maintenance cost reduction."
Wednesday, June 8, 2022
Israel's Partner Communications deploys ADVA's Oscilloquartz
Partner Communications has deployed its Oscilloquartz timing technology to support 5G rollout throughout Israel to deliver the level of accuracy and availability needed for next-generation mobile services and time-sensitive low-latency applications.
Partner Communications’ new timing infrastructure features the OSA 5440, a fully redundant, scalable, and modular multi-technology grandmaster for core deployment. Operating with the OSA 3230B ePRC cesium clock and OSA clock combiner, it provides an ePRTC system, providing high levels of time stability compliant with the ITU-T G.8272.1 standard. Onboard multi-band, multi-constellation receivers compensate for atmospheric disturbances to filter out timing errors. What’s more, centralized AI-powered GNSS assurance software identifies and protects against vulnerabilities of satellite-based timing. The solution also includes the OSA 5410 Series for continuous probing and assurance, enabling Partner Communications’ team to anticipate any issues and minimize disruption to service. The technology is remotely controlled by ADVA’s Ensemble Controller with Sync Director.
“Upgrading a major nationwide mobile network like ours required the most advanced timing technology and the support of an expert team. That’s why we selected ADVA’s Oscilloquartz synchronization solution built on a core PTP grandmaster clock with full hardware redundancy and a scalable modular design. It offers many fan-out options, including PTP over multiple 10Gbit/s interfaces, and its advanced GNSS technologies ensure highest availability even under challenging conditions,” said Yigal Giladi, VP of engineering at Partner Communications. “With our new timing infrastructure, we can deliver the best possible mobile 5G experience to our customers. Now when GNSS is compromised or otherwise unavailable, ADVA’s ePRTC solution means we can still deliver phenomenally accurate timing across our network even during very long GNSS outages.”
https://www.oscilloquartz.com
https://www.adva.com
Wednesday, April 13, 2022
POLYN unveils Neuromorphic Analog Signal Processor for "Tiny AI"
POLYN Technology, a start-up based in Caesarea, Israel unveiled its first Neuromorphic Analog Signal Processor (NASP) chip.
The company says its device embodies the Tiny AI concept.
POLYN anticipates the chip will be available to customers in the first quarter of 2023 as its first wearables product, with a fusion of PPG and IMU sensors for the most accurate heart rate measurement along with recognition and tracking of human activity.
“Our first chip is created from trained neural networks by NASP Compiler and synthesis tools that generated Netlist and the silicon engineering files from the software math model simulation. We will continue to refine our technology for creation of new generation chips,” said Yaakov Milstain, COO of POLYN.
“This achievement validates the intensive work of our multinational team,” said Aleksandr Timofeev, CEO and founder of POLYN Technology. “Our chip represents the most advanced technology bridging analog computations and the digital core. It is designed with neuroscience in mind, replicating pre-processing the primary cortical area of the human brain does at the periphery before learning at the center.”
Thursday, April 7, 2022
Israel Electric Corp invests in Prisma Photonics for fiber sensing
Israel Electric Corporation (IEC) has made a strategic investment in Prisma Photonics, a start-up based in Tel Aviv that is developing optical monitoring solutions.
The PrismaPower is a fiber optics based electrical overhead powerline monitoring solution. As part of the collaboration with IEC, the Prisma Photonics system was deployed on IEC's transmission grid. It identifies safety incidents such as compromising or climbing power towers, electrical issues, short circuits, and partial electric discharges. It also alerts for unusual weather events such as strong winds, lightning hits near the lines, etc. In addition, the electro-optical fiber monitoring further protects against physical cyber-hacking of the communication infrastructure.
By leveraging IEC's optical fiber network, PrismaPower monitors 100 km of grid for electrical faults, physical damage to power towers and transmission lines, and extreme weather conditions. The system tracks faults and events right down to the power tower closest to the source of the problem.
"Having your strategic customer as your strategic partner is the strongest vote of confidence a company can hope for," added Dr. Eran Inbar, Prisma Photonics' CEO. "As an innovative corporation, IEC started collaborating with us six months ago. The current investment supports its commitment to advancing Israel's power supply industry through innovation. To date, our system has transformed the optical fiber infrastructure deployed on IEC's high-voltage grids into a sequence of extremely sensitive sensors that identify issues and track their precise location down to the nearest power tower level in real-time and with no need for placing additional sensors along the transmission lines."
Prisma Photonics raises $20 million for fiber sensing
Prisma Photonics, a start-up based in Tel Aviv, announced $20 million in a Series B funding for its optical monitoring solutions.
Prisma Photonics said its fiber sensing works by transmiting optical pulses down a fiber. A minute fraction of light is reflected from each point along the fiber. The system measures the reflected light to determine the strain, temperature, pressure, and other quantities over hundreds of kilometers of fiber with sub-meter resolution.
The funding round was led by New York-based global private equity and venture capital firm Insight Partners, with participation from SE Ventures (Schneider Electric's venture capital arm) and Future Energy Ventures, the venture capital investment and collaboration platform of E.ON. This brings the total funding raised by Prisma Photonics to over $30 million. The company's earlier investors include i3 Equity Partners and Chione Switzerland.
Prisma Photonics customers manage thousands of kilometers of infrastructures, among them New York Power Authority, Israeli Natural Gas Lines, Israel Electric Corporation and other tier-1 utility operators).
"With the demand for energy on the rise, utility operators find it harder to keep their assets operating smoothly and safely. It is a challenge to monitor and maintain these long infrastructures," said Dr. Eran Inbar, Prisma Photonics CEO. "Our Machine Learning based solutions are unique as we address this huge scale challenge with ease and accuracy. The investment is a vote of confidence from Insight Partners and a first of its kind in a new domain of critical infrastructure management."
https://www.prismaphotonics.com
Tuesday, February 15, 2022
Intel to acquire Tower Semi, expanding its foundry footprint
Intel agreed to acquire Tower Semiconductor for $53 per share in cash, representing a total enterprise value of approximately $5.4 billion.
Tower Semiconductor, which is based in Migdal Haemek, Israel, offers expertise is in specialty technologies, such as radio frequency (RF), power, silicon-germanium (SiGe) and industrial sensors, extensive IP and electronic design automation (EDA) partnerships, and an established foundry footprint. It operates seven manufacturing facilities: Fab 1 and Fab 2 (150mm and 200mm) in Israel, Fab 3 and Fab 9 (200mm) in Newport Beach, California and in San Antonio, Texas and three additional fabs (two 200mm and one 300mm) in Japan via a partnership with Nuvoton Technology Corporation Japan. Tower is also sharing a 300mm manufacturing facility being established in Italy with ST Microelectronics. Altogher, Tower offers more than 2 million wafer starts per year of capacity. Tower also has a silicon photonics foundry.
“Tower’s specialty technology portfolio, geographic reach, deep customer relationships and services-first operations will help scale Intel’s foundry services and advance our goal of becoming a major provider of foundry capacity globally,” said Pat Gelsinger, Intel CEO. “This deal will enable Intel to offer a compelling breadth of leading-edge nodes and differentiated specialty technologies on mature nodes – unlocking new opportunities for existing and future customers in an era of unprecedented demand for semiconductors.”
Intel Foundry Services makes a splash: $1B fund, Arm & RISC-V support, Open Chiplet Platform
by James E. CarrollThe newly established Intel Foundry Services (IFS) announced several initiatives to accelerate its entrance into the semiconductor fabrication market: a $1 billion investment fund, support for Arm and RISC-V in addition to x86, and pioneering work with chiplet architecture based on 3D packaging technology.The new $1 billion investment fund has three aims:Equity investments in disruptive startups.Strategic investments to accelerate...
Thursday, February 10, 2022
Salt Security raises $140M for its API Protection Platform
Salt Security, a start-up offering an AI-drive API Protection Platform, raised $140 million in Series D funding, bringing total funding to $271 million and its pre-IPO valuation to $1.4 billion.
The Salt Security API Protection Platform provides a unique approach to API security that leverages its API Context Engine (ACE) Architecture, a cloud-scale big data engine that applies machine learning (ML) and artificial intelligence (AI) to secure APIs.
Salt Security says the proliferation of APIs to support digital transformation, application mobilization, and other IT modernization initiatives, combined with the focus bad actors have put on tapping APIs as an attack vector, have laid bare the reality that traditional tools, such as web application firewalls (WAFs) and API gateways, cannot adequately defend against API attacks and vulnerabilities.
The funding round was led by CapitalG, Alphabet’s independent growth fund, with participation from all existing investors, including Sequoia Capital, Y Combinator, Tenaya Capital, S Capital VC, Advent International, Alkeon Capital, and DFJ Growth. The investment by CapitalG, less than eight months after Salt Security raised its $70 million Series C round.
“Our investment in Salt Security comes at a time of critical importance for the wider business community. APIs are essential to enabling business innovation, but security risks are multiplying at an unprecedented scope and scale. Salt took an innovative, best-in-class approach to building its API security platform leveraging cloud-scale big data, allowing it to effectively detect and stop attacks in the wild while not compromising on strong shift left capabilities,” said James Luo, Partner at CapitalG and Salt Security board member.
The company cites the following milestones for the past year:
- 500% growth in revenue
- 300% growth in its customer base
- 250% growth in its employee count
- 900% growth in signed customers among Fortune 500 and Global 500 companies
Salt Security was founded in 2016 by alumni of the Israeli Defense Forces (IDF) and serial entrepreneur executives in the cybersecurity field and is based in Silicon Valley and Israel.
Tuesday, December 21, 2021
Tower Semi and Juniper develop silicon photonics process
Tower Semiconductor and Juniper Networks announced a silicon photonics (SiPho) foundry-ready process with integrated III-V lasers, amplifiers modulators and detectors.
Potential applications include optical connectivity in datacenters and telecom networks, as well as AI, LiDAR and other sensors.
The new platform co-integrates III-V lasers, semiconductor optical amplifiers (SOA), electro-absorption modulators (EAM) and photodetectors with silicon photonics devices, all monolithically on a single chip. This enables smaller, higher-channel count and more power-efficient optical architectures and solutions. Foundry availability will enable a broad array of product developers to create highly integrated photonic integrated circuits (PICs) for diverse markets.
Process design kits (PDK) are expected to be available by year end and the first open multi-project wafer (MPW) run are expected to be offered early next year. First samples of full 400Gb/s and 800Gb/s PICs reference designs with integrated laser are expected to be available in the second quarter of 2022.
“Our mutual development work with Tower has been extraordinarily successful in qualifying this innovative silicon photonics technology in a high-volume manufacturing facility,” said Rami Rahim, CEO of Juniper Networks. “By offering this capability to the entire industry, Juniper offers the potential to radically reduce the cost of optics while lowering the barrier to entry for customers”.
“Our partnership with Juniper on silicon photonics is bringing a paradigm shift for product development across our industry,” said Russell Ellwanger, CEO of Tower Semiconductor. “It is now possible to mix the advantages of III-V semiconductors with high-volume silicon photonics manufacturing. Being the singular open market, integrated laser silicon photonics platform, and having a multi-year advantage over any potential foundry competitor, we are jointly creating breakthrough products with truly unique value for our industry and for society as a whole”.
Monday, December 20, 2021
Renesas completes acquisition of Celeno
Renesas Electronics completed its previously announced acquisition of Celeno Communications for approximately US$315 million (approximately 35.9 billion yen at an exchange rate of 114 yen to the dollar) with payment to be made gradually in cash following certain milestones as set forth in the definitive agreement.
Renesas acquires Celeno for Wi-Fi 6 & 6E silicon
Renesas Electronics agreed to acquire Celeno Communications, a start-up providing Wi-Fi solutions, for approximately US$315 million (approximately 35.9 billion yen at an exchange rate of 114 yen to the dollar) in cash.
Celeno, which is headquartered in Israel, offers advanced Wi-Fi chipsets and software solutions, for high-performance home networks, smart buildings, enterprise and industrial markets. Its compact chipset offerings for Wi-Fi 6 and 6E deliver exceptional Wi-Fi network performance and increased security with low latency and low power consumption. Celeno’s breakthrough Wi-Fi Doppler Imaging technology, a Wi-Fi based, high-resolution imaging technology, is ideal for home elderly care and assisted living, home security, safe driving and digital and connected factories. It depicts, tracks and analyzes the motion, behavior and location of people and objects using standard Wi-Fi, eliminating the need for multiple cameras or sensors in home environments and commercial buildings.
As the world’s No.1 embedded processor supplier, Renesas offers a breadth of low-power MCU/MPU/SoC processors, wireless ICs, sensors and power management technologies. Celeno’s field-proven Wi-Fi and software capabilities are highly complementary to Renesas. The combination creates comprehensive, end-to-end embedded solutions for addressing the fast-growing markets for low-power connectivity in IoT, infrastructure, industrial and automotive applications.
“The transaction announced today underscores our continuous commitment to improve performance and efficiency in electronic systems,” said Hidetoshi Shibata, President and CEO of Renesas. “Building on our recently-expanded connectivity portfolio following the Dialog acquisition, the addition of Celeno provides us with more advanced Wi-Fi connectivity capabilities to deliver end-to-end connectivity solutions for both clients and access points. Renesas is now strongly positioned to capitalize on the growing opportunities from the massive rise in connectivity and requirements created by today’s increasingly connected world.”
Tuesday, December 14, 2021
Serverfarm builds hyperscale data center in Tel Aviv
Serverfarm disclosed plans for ISR3, its first hyperscale data center in Israel.
ISR3, which is being developed in partnership with Israel Infrastructure Fund, will bring 9MW of critical capacity to Israel’s accelerating digital economy in the latter half of 2022.
ISR3 is the first Middle East-based facility and venture for Serverfarm, whose global data center portfolio and operations span over 700 locations in 45 countries, including locations in the United Kingdom, Netherlands, Canada and the United States.
“As leading tech and hyperscale organizations continue to expand into Israel and across the Middle East, we see an opportunity to leverage our expertise and deep roots in this region,” said Avner Papouchado, Founder and CEO of Serverfarm. “With the launch of ISR3, we’re bringing world-class multi-tenant data centers to Israel, allowing organizations to rapidly tap into this growing region and innovate at scale. We’re also introducing our world-leading InCommand DMaaS to the region so more IT and data center leaders can optimize their operations and focus on innovation and digital transformation.”
Thursday, October 28, 2021
DustPhotonics raises $33M for its silicon photonics
DustPhotonics, a start-up based in Modi'in, Israel, announced $33 million in venture funding for its silicon photonics solutions for cloud, data center, enterprise and HPC applications. The company's InP Laser to Silicon Photonics integration technology will provide significant value differentiation enabling superior performance to support 800 Gbps, 1.6Tbps, CPO and future products.
The funding round was led by Greenfield Partners, who join DustPhotonics' Round B investors Intel Capital, veteran entrepreneur Avigdor Willenz, and others.
In addition, the company also announced it has completed an organizational realignment to support its strategic and business direction. The company will focus its resources on silicon photonics solutions and phase out its transceivers product line.
As part of the reorganization, Ronnen Lovinger, president of DustPhotonics, has assumed the role of CEO. Ben Rubovitch, the company's previous CEO, has stepped down and will lead the business side of the company.
"This latest investment and the organizational changes will enable us to take advantage of new business opportunities and to continue focusing on serving our customers' strategic requirements. Our disruptive silicon photonics technology addresses their key and most challenging problems, creating scalable, cost-effective silicon photonics and driving it as the mainstream solution for the Cloud and Telecom markets," said Ronnen Lovinger, CEO of DustPhotonics. "We are thrilled at the continued confidence of our investors in our strategic direction."
"With the rapid evolution of the connectivity and silicon optics markets, there is a growing need for innovative technologies. DustPhotonics is well-positioned at the forefront of silicon photonics technology development and we are excited to take part in their journey," said Yuda Doron, Managing Partner at Greenfield Partners.
http://www.dustphotonics.com
Wednesday, October 27, 2021
Renesas acquires Celeno for Wi-Fi 6 & 6E silicon
Renesas Electronics agreed to acquire Celeno Communications, a start-up providing Wi-Fi solutions, for approximately US$315 million (approximately 35.9 billion yen at an exchange rate of 114 yen to the dollar) in cash.
Celeno, which is headquartered in Israel, offers advanced Wi-Fi chipsets and software solutions, for high-performance home networks, smart buildings, enterprise and industrial markets. Its compact chipset offerings for Wi-Fi 6 and 6E deliver exceptional Wi-Fi network performance and increased security with low latency and low power consumption. Celeno’s breakthrough Wi-Fi Doppler Imaging technology, a Wi-Fi based, high-resolution imaging technology, is ideal for home elderly care and assisted living, home security, safe driving and digital and connected factories. It depicts, tracks and analyzes the motion, behavior and location of people and objects using standard Wi-Fi, eliminating the need for multiple cameras or sensors in home environments and commercial buildings.
As the world’s No.1 embedded processor supplier, Renesas offers a breadth of low-power MCU/MPU/SoC processors, wireless ICs, sensors and power management technologies. Celeno’s field-proven Wi-Fi and software capabilities are highly complementary to Renesas. The combination creates comprehensive, end-to-end embedded solutions for addressing the fast-growing markets for low-power connectivity in IoT, infrastructure, industrial and automotive applications.
“The transaction announced today underscores our continuous commitment to improve performance and efficiency in electronic systems,” said Hidetoshi Shibata, President and CEO of Renesas. “Building on our recently-expanded connectivity portfolio following the Dialog acquisition, the addition of Celeno provides us with more advanced Wi-Fi connectivity capabilities to deliver end-to-end connectivity solutions for both clients and access points. Renesas is now strongly positioned to capitalize on the growing opportunities from the massive rise in connectivity and requirements created by today’s increasingly connected world.”
“This is a compelling transaction for both our customers and employees. Our depth and strength in connectivity combined with Renesas’ industry leading portfolio of embedded solutions will allow us, together, to open up new growth areas we can target,” said Gilad Rozen, President and CEO of Celeno. “Renesas will also provide us with the go-to-market capabilities to bring Celeno to a broader range of customers.”
Tuesday, October 19, 2021
Cato Networks raises $200 million for its SASE
Cato Networks, a start-up based in Tel Aviv, Israel, raised $200 million in new funding at a market valuation of $2.5 billion for its SASE solutions. The Cato SASE Cloud is distributed across more than 65 PoPs worldwide.
The new funding round was led by Lightspeed Venture Partners with the participation of existing investors Greylock, Aspect Ventures / Acrew Capital, Coatue, Singtel Innov8, and Shlomo Kramer.
“Cato is at the forefront of SASE transformation,” said Shlomo Kramer, CEO and co-founder of Cato Networks. “Large enterprises are deploying Cato as their global network to reap the operational and business benefits of Cato’s proven and mature SASE platform. Cato is rapidly expanding its service capabilities, global footprint, and sales and marketing teams, while preserving our unique DNA of agility, simplicity, and ease of doing business that is so valued by customers and partners.”
Wednesday, October 13, 2021
Hailo raises $136 million for its edge AI processors
Hailo, a start-up based in Tel Aviv, raised $136 million in a Series C round of funding for its edge processor designed for AI workloads.
The Hailo-8 edge AI processor boasts up to 26 tera-operations per second (TOPS) performance, capable of processing of FHD stream in real-time, and with typical power consumption of 2.5W, according to the company.
The funding round was led by Poalim Equity and Gil Agmon with participation from existing investors including Hailo Chairman Zohar Zisapel, ABB Technology Ventures (ATV), Latitude Ventures and OurCrowd; and new investors Carasso Motors, Comasco, Shlomo Group, Talcar Corporation Ltd. and Automotive Equipment (AEV).
Hailo was established in Israel in 2017 by members of the Israel Defense Forces’ elite technology unit.
Sunday, August 15, 2021
Cisco to acquire Epsagon for microservice observability
Cisco agreed to acquire Epsagon Ltd., a privately held, modern observability company with offices in New York and Tel Aviv. Financial terms were not disclosed.
Epsagon offers a lightweight agent that can provide visualization of AWS and third-party (Auth0, Stripe) services automatically. Epsagon can integrate with a wide range of microservices-based environments including Kubernetes, ECS, EKS and serverless.
Cisco's core SaaS solutions for full-stack observability include AppDynamics, ThousandEyes and Intersight.
Monday, June 14, 2021
AWS to open data center in Tel Aviv
Amazon Web Services will open a data center region in Tel Aviv, Israel in the first half of 2023.
The AWS Israel (Tel Aviv) Region will have three Availability Zones, each fully isolated with its own infrastructure. As is the case with other AWS Regions, the AZs in the region and will be connected together with dedicated, fully-redundant metro fiber.
AWS currently has 81 Availability Zones within 25 AWS Regions in operation today, with 21 more Availability Zones and seven announced regions (including this one) underway.
