Israel Launches Three-year Program to Boost Cybersecurity Industry

TechNation | HMO Clalit to partner with startup for personalized nutritionist advice ■ Cybersecurity startup Twistlock raises $33m

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File photo: A man typed on a keyboard at a hacker convention.
File photo: A man typed on a keyboard at a hacker convention.Credit: \ Steve Marcus/ REUTERS
TheMarker

HMO Clalit to partner with startup for personalized nutritionist advice

After partnering with Olympic athletes, Israeli startup DayTwo, which provides personalized nutrition recommendations based on each user’s gut microbes, has signed a partnership agreement with Clalit Health Services. Check Point founder Marius Nacht co-founded DayTwo in 2015 with company chairman Yuval Ofek and CEO Lihi Segal. DayTwo’s technology is based on research by Weizmann Institute of Science professors Eran Segal and Eran Elinav. They found that identical types of nutrition can cause different people to have different reactions in their blood sugar levels, and that gut bacteria, which are unique to each person, contributes to the difference in the reaction. The company has raised $17 million from Nacht, Johnson & Johnson and the Mayo Clinic, among others. Clalit will add DayTwo’s service to its nutritional services by year’s end. The HMO did not outline eligibility criteria, but did say the testing kit would be offered at a discount). (Eliran Rubin)

Government launches three-year program to boost Israel’s cybersecurity industry

The government said Wednesday it is investing 90 million shekels ($24 million) to shore up the country’s cybersecurity industry as a global leader. Under the three-year program companies dealing with high-risk research and development will be eligible to receive up to 5 million shekels a year. The program will also help fund pilot projects in Israel and abroad. “Despite significant investment from venture capitalists who have expressed faith in the local cybersecurity market, many companies face challenges in finding suitable sites to test their technologies,” said Aharon Aharon, head of the Israel Innovation Authority. “This new program solves this issue and will significantly accelerate companies’ growth and penetration into the global market,” he said. Israel has about 5% of the global market share in cybersecurity, second to the United States, and 16% of worldwide investment in the cybersecurity industry, according to government data. (Reuters)

Cybersecurity startup Twistlock raises $33m

Twistlock, which offers container and cloud native cybersecurity, announced on Wednesday that it has raised $33 million in Series C funding, led by ICONIQ Capital. In addition to ICONIQ, existing investors YL Ventures, TenEleven, Rally Ventures, Polaris Partners and Dell Technologies Capital participated in the round, which brings Twistlock’s total funding to $63 million to date. The company said this funding would allow it to scale its operations and build upon the leading customer and partner base established over the past three years. “Since our first release in 2015, it’s been clear that containers and cloud native were the future — and that there was a huge gap in security platforms that not only protected these new technologies but also leveraged them to deliver stronger defense than ever before possible,” said Ben Bernstein, Twistlock CEO. Since its inception in 2015, Twistlock has increased its customer base by more than 350% each year. (TheMarker)

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