A recent report compiled and published by Viola Ventures, shows another record-breaking period for Israel’s eco-system.
Key takeaways from Viola’s report:
- H1’21 brought a 125% increase in fundraising activity
GT Client Similarweb Acquires Embee Mobile
Congratulations to our longstanding client Similarweb for acquiring Embee Mobile, a mobile-insights provider that is focused on providing end-to-end research panel recruitment, measurement, rewards, and retention all within a single
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Orca Security Completes $210 Million Financing Round
Congratulations to our client Orca Security (“Orca”) on the successful completion of a $210 million Series C financing round, led by CapitalG (formerly Google Capital), the independent growth fund by
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GT Team Represents Volvo in Israel-Based Investment
Greenberg Traurig’s cross-border team represented Volvo AB (“Volvo”), the corporate investment arm of the Swedish luxury automobile marque, as part of its $3 million investment into Driivz Ltd. Driivz is
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Recent Report Shows Significant Growth of Japanese investment in Israel in 2020
According to a fascinating study conducted by Israeli investment house Harel-Hertz, the year 2020 proved to be another record year for economic relations between Japan and Israel. In-bound investments from
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President Biden Issues Executive Orders Impacting Labor & Employment Policies
In his first three days in office, President Biden moved quickly to issue a number of executive orders (EO) impacting labor and employment policies. Read the full GT Alert President
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Tel Aviv Client’s Autonomous Medical Coding Technology to be Deployed by Geisinger Hospitals
GT Tel Aviv client Nym Health (“Nym”) recently announced that Geisinger is deploying the company’s autonomous medical coding technology to all nine of its hospital emergency departments. Nym, a pioneer
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“Can You Hear Me Now?” Testing the Boundaries of Expense Reimbursement Requirements in California’s New Remote Work Environment
As many employees throughout the United States continue to work remotely from home, Israeli companies should be aware of certain obligations they may have with respect to covering the home
Tel Aviv Clients Successfully Complete Financing Rounds
Congratulations to our clients SimilarWeb and Melio Payments on completing highly successful financing rounds. SimilarWeb, an Israeli digital market intelligence company is reported to be routing the $120 million investment
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Paycheck Protection Program: PPP Borrowers May Need Prior SBA Approval for Change in Ownership Transactions
Under new guidance from the Small Business Administration (SBA) issued through a Procedural Notice (Notice) on Oct. 2, 2020, certain PPP borrowers may be required to seek prior consent from
Continue Reading Paycheck Protection Program: PPP Borrowers May Need Prior SBA Approval for Change in Ownership Transactions