July 17, 2026 MedOne
Israeli data center operator MedOne has promoted CEO Ronnie Sadeh to president after more than 15 years in the role. Sadeh, who joined the company’s leadership team in 2009, will be succeeded as CEO by Eitan Damari, a former executive at Taavura Holdings Group and Livnat Group. Founded in 1997 by...
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July 28, 2024 Israel
Israeli quantum computing startup Quantum Transistors has secured funding of up to €17.5 million ($19 million) from the European Innovation Commission. The council selected 68 companies that will receive an estimated €411 million ($446.1m) in funding, of which up to €165 million ($179m) is in...
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March 22, 2024 Israel
Laser-based computing startup LightSolver has made its LPU100 system generally available to selected enterprise clients of LightSolver via the company’s new cloud platform. This system utilizes all-optical coupled lasers that require no electronics to compute and combines the company’s...
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February 22, 2024 Israel
Silicon photonics company DustPhotonics has raised $24 million in a Series B follow-on funding round. This funding came from both new and existing investors, including Sienna Venture Capital, Greenfield Partners, Atreides Management, and Exor Ventures. The company revealed in a statement that the...
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November 29, 2023 Israel
Last month, Elon Musk mentioned that he would look into providing Gaza with its Starlink service to "support connectivity to internationally recognized aid organizations in Gaza." In recent developments, Israel has responded to Musk saying Starlink's satellite network will only be allowed to...
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November 01, 2023 Israel
Internet services have now returned in Gaza after another outage, which took the connectivity in the entire country down for several hours. This disruption occurred just before 3:00 a.m. local time, with Palestinian telco Paltelco announcing that connectivity to the Gaza Strip had been cut off by...
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May 02, 2023 Israel
Vultr has announced that it is expanding its global footprint with a new data center location in Tel Aviv, Israel. The company shared that this is part of a wider expansion plan to democratize access to cloud infrastructure. This addition means that the company now offers full-stack...
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February 21, 2023 Israel
Techtonic is investing hundreds of millions of NIS ($55m+) in an underground data center, referred to as Titan 4, in Bet Shemesh, 20km east of Jerusalem. The facility will have a capacity of 16MW facility and pegged span an area of 15,000 square meters (161,450 sq ft) across 10 data halls. It...
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December 06, 2022 Israel
Goldacre and Levingstein Group have entered into a joint venture to launch a data center business for the Middle East data center market. The two companies secured land in the city of Netanya, Israel, to develop their first data center. NED Data Centers, a subsidiary of Goldacre’s parent company,...
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July 20, 2022 Israel
Berkshire Partners is moving to acquire a 49 percent stake in MedOne, an Israeli data center company. The US private investment company is leading a coalition of companies to make the acquisition possible. MedOne currently operates more than 270,000 square feet (25,000 square meters) of data...
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October 29, 2021 Israel
According to reports, Chinese firm Alibaba is considering setting up a cloud region in Israel. Globes says Alibaba has been considering the move for some years, but the covid-19 pandemic caused the delay. Besides, Alibaba is not thinking about building its own facility; instead, it will be...
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October 28, 2021 Israel
The Bank of Israel's Information Technology Department has announced the completion of its data center project. The facility is built to Tier 4 standard and is reportedly close to receiving its official certification from the Uptime Institute. The data center has also been built with green...
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May 07, 2021 Israel
Europe-Israel Group, P.A.I, Swiss fund Lian Group and singer Israeli singer Omer Adam have partnered up to build a NIS 400 million ($122.5 million) underground data center in Israel. Based on a 6.25-acre site in Afula, south of Nazareth, construction is expected to begin later this year, with a...
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