TechNation: Aleph Raises $180 Million for Second Venture Capital Fund

Intel lays cornerstone for smart building in Petah Tikva; BioLine licenses liver treatment from Ben-Gurion, Hadassah; Anodot raises $8 million for online-anomaly technology.

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The Aleph team: Michael Eisenberg, Aaron Rosenson, Edan Shochat.
The Aleph team: Michael Eisenberg, Aaron Rosenson, Edan Shochat.Credit: Eyal Marilus

Aleph raises $180 million for second venture capital fund

The venture capital investor Aleph said Monday it had raised $180 million for its Aleph II fund. The fundraising comes three years after the VC firm, which was led by partners Michael Eisenberg, Eden Shochat and Aaron Rosenson, raised its initial $140 million just three years ago and has since made 10 investments with it. Aleph focuses on early-stage investments. Aleph I’s portfolio includes Windward, which provides real-time data on global shipping; Colu, which is developing blockchain technology for the financial markets; Freightos, a platform for managing and pricing freighting shipments; and WeWork, which operates office space mostly for high-tech startups. One of the ideas behind Aleph is its focus on building big high-tech companies in Israel. “It was never an objective problem to build a $10 billion company in Israel. It was a problem of attitude. People believe in it now,” Eisenberg said in an interview in July. (Eliran Rubin)

Intel lays cornerstone for smart building in Petah Tikva

Intel laid the cornerstone for a new research and development center Monday in Petah Tikva, which is housed in a so-called smart building that supposedly will learn the personal habits of each of its 2,500 occupants who volunteer to share the information and create a personalized work environment. Among other things, Intel’s smart office will reportedly know what kind of coffee to prepare for them in the morning, remind them it’s time to get a haircut and recommend where to park their car in the company garage. Company officials claimed the building not only creates a friendlier environment for staff but also serves as a showcase for Intel’s internet of things technology. “Erecting the campus underlines the importance of our presence in Israel and reflects our values of innovation, technology and green construction,” alleged Maxine Fassberg, CEO of Intel Israel. The new 34,000 square meter building will be occupied by Intel staff from 13 different office sites around Israel. (TheMarker Staff)

BioLine licenses liver treatment from Ben-Gurion, Hadassah

Just two days after the drug giant Allergan said it would pay $1.7 billion for Tobira Therapeutics, which is developing treatments for nonalcoholic steatohepatitis, or NASH. The tiny Israeli biotech company BioLine said it was also getting into the action, reporting on Friday that it had signed a licensing agreement with BGN Technologies and Hadasit, the technology-commercialization arms of Ben-Gurion University and Hadassah Medical Center, to pursue a similar drug. BioLIne said it was buying their BL-1220 drug for treating NASH, a common, often “silent” liver disease. Developed by Prof. Smadar Cohen of Ben-Gurion and Prof. Yaron Ilan of Hadassah, pre-clinical results in animal models show that BL-1220 is able to restore liver function. The technology could be directed toward rapid regeneration of normal liver in both acute and chronic conditions of liver injury, said BioLine, whose shares jumped 22% to 4.60 shekels ($1.23) on the news Sunday. (Uri Tomer)

Anodot raises $8 million for online-anomaly technology

Anodot, which helps companies detect online anomalies in things like payments and e-commerce data, last week said it raised $8 million in funding. The round was led by the Israeli venture capital fund Aleph, joined by Disruptive Technologies and brings total funding for the company to $12.5 million. The proceeds will be used to expand global sales and operations and meet demand for its service. Based in Sunnyvale, California and Ra’anana, Anodot was co-founded by David Drai, the former chief technology officer of GetTaxi and cofounder of Contendo, a startup acquired by Akamai; Shay Lang, former vice president of engineering at Trustwave; and Dr. Ira Cohen, former chief data scientist at HP. Anodot brings machine learning and real-time streaming data together to identify, report and visualize business incidents as they occur, enabling its customers – often Business Intelligence analysts serving all aspects of a company’s operations – to quickly and effectively manage crises and uncover business opportunities. (The Marker Staff)