The amount is more than double the sums raised in the same period a year earlier, report by IVC-Meitar shows, and 89% higher than the funds raised in Q4 2020
Funding in the company, a developer of solutions for critical infrastructures and manufacturing plants, is led by JVP and includes new strategic investment from US firm Rapid7
Judge-appointed trustees said company owned by Yehuda Meshi-Zahav posed as rescue charity to raise money, but only transferred some of it; reports allege rest went to slush fund
Calcalist: Founded in 2007 by Or Offer, the Israeli startup has developed ways to measure and predict customer behavior; its tools are used by leading firms
Jewish Community Response and Impact Fund, a coalition of eight Jewish philanthropies, will begin distributing the $91 million it has raised so far as interest-free emergency loans
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