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Radiology AI startup Aidoc raises additional $20 million for B round
Deals & Cases | September 2020
Magma and Emerge in a USD 20 million financing round in Aidoc Medical Ltd., an Israeli company developing and marketing artificial intelligence software for medical image processing.
Magma and Emerge were represented by Partner Roy Caner, head of Hi-Tech Department, and Adv. Maram Hasan.
Webinar – Import and export of data following the Schrems II ruling
Client Updates | September 2020
Exporting or importing data from one territory to another? What are the main considerations of controllers and processors in cross-border data transfers in a changing legal climate? And what are the implications of the CJEU ruling in Schrems II on the interpretation of Israeli privacy law re data transfers?
The lecturers are Adv. Lior Etgar’s webinar, EBN’s Head of our Privacy and Data Protection practice, in collaboration with our colleague from Paul Hastings, Adv. Behnam Dayanim, who chairs the Privacy and Cyber Security Practice, and the Advertising & Gaming Practice.
Israeli startup Anima raises $2.5 million for no-code software used by Google, Facebook and Amazon
Deals & Cases | September 2020
Hetz Ventures, lead a USD 2.5 million series seed round in Anima App!
Anima App developed a platform that turns designs in XD, Sketch and Figma into applications and websites without further coding!
In recent years, we have witnessed cases in which a significant gap exists between the wages of female and male workers. In order to deal with this situation, the Knesset enacted this week an amendment to the “Equal Pay for Men and Women Workers Law”. The amendment is intended to promote transparency in the workplace in relation to the wage data of the employed and thus reduce the wage gender gaps that exist.
Click here to read all about the new obligations that this law places on employers who have 518 employees or more.
“Makeover” in the regulation of Israel’s media services – is that so?
Client Updates | August 2020
The Israeli Ministry of Communication recently announced comprehensive regulatory reforms that it plans to complete in the coming months, including a “revolution” in the regulatory regime of telecommunication services and the establishment of a new committee to formulate a unified regulation of traditional media (broadcasters, cable & satellite services) and internet-based content services (such as CellcomTV, PartnerTV, Netflix, or Apple TV Plus).
This (Hebrew) client update from our Telecoms and Media Department reviews those new reforms and assess their potential implication to the Israeli media and communication market, Click here!
A reporter’s suspicions are sufficient grounds for disqualification from a tender
Events | August 2020
Represented the IAI – Israel Aerospace Industries in a petition filed against it, requesting the revocation of a decision of the IAI’s Tenders Committee not to declare the petitioner as a winner in tenders it participated because of notice before indictment formed against the petitioner and its director by the prosecution authorities.
The district court denied the petition in its entirety, accepted IAI’s claims, and decided that notice before an indictment is a sufficient cause to prevent a participant in a tender from winning the tender, even if its bid is the lowest.
IAI was represented by our partners Ran Sprinzak and Gil Levkovitz, together with our associate Hadas Persky.
Click here to read the full Hebrew article on Calcalist.
Adaptive Shield emerges from stealth with $4 million seed round led by Vertex Ventures Israel
Deals & Cases | August 2020
Representation Vertex Ventures Israel, on leading a USD 4 million Series Seed Round in Adaptive Shield, a Tel Aviv-based security startup.
Vertex Ventures were represented in this transaction by partners Roy Caner and Jonathan Achiron, and associate Daniel Kelman.
The Israeli Supreme Court approved in its ruling, the deletion of caveats registered in favor of the developer’s purchasers units, in a renewable project (TAMA 38), which entered into insolvency.
Roy Harash, partner and head of the Real Estate department at our firm, commented in an article published on the Walla! NEWS website.
For the full (Hebrew) article, click here!
Warner Music buys Israeli co IMGN Media
Deals & Cases | August 2020
Representation Warner Music Group, for its acquisition of IMGN Media, an innovative Gen-Z oriented content generator for social networks.
Warner Music Group was represented by Partners Lior Oren and Nitzan Aberbach, along with attorneys Kay Geller and Gad Keren. The team was also supported by Eyal Birenberg, LL.M., LL.B. of the firm’s Labor department and legal interns Dorin Pinkas, @Bar Fenster and Gilad Kirgner, and together with our friends at the U.S. law firm Foley & Lardner LLP.
Construction industry AI co Buildots raises $12.5m
Deals & Cases | July 2020
Representing TLV Partners and additional investors in a USD 12.5 million #financing round, led by TLV Partners, in Buildots Ltd., an Israeli company developing a product that assists #construction companies to track processes at construction sites through #artificial_intelligence technologies and computer vision.
TLV Partners was represented by Partner Roy Caner, Head of Hi-Tech department, and Adv. Maram Hasan.