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Archive | Innovation and Technology

Israel’s Wix has bought an ad in the Super Bowl

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November 12, 2014
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Get ready, Israeli startup Wix will be in the spotlight for Superbowl XLIX on Feb. 1.

Mashable reports, “Wix hasn’t disclosed any details about the ad or even which ad agency it’s working with. The 30-second spot, will “tie directly into Wix’s mission to simplify website creation by providing enterprise level solutions to every business – no matter how small,” according to a press release.”

Read more at Mashable.

World’s biggest nanotube plant coming to the Negev

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November 11, 2014
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The world’s biggest nanotechnology production company, OCSiAl, is shopping around in southern Israel for a site to build what could be the world’s largest nanotube production facility. It will produce as much as 50 tons of Single Wall Carbon Nanotubes (SWCNTs) a year – making it “possibly the largest producer of such nanotubes in the world,” the company announced Tuesday.

SWCNTs are at the heart of the field of nanotechnology – the manipulation of super-small, nano-sized materials that are able to defy many of the laws of nature that apply to larger entities. A nanometer (nm) is one billionth of a meter, and nanotechnology applications generally manipulate materials in the 1-100 nm range. By contrast, the smallest known living organism, the bacteria of the genus Mycoplasma, are about 200 nm in length.

Read more at Times of Israel.

Moovit breaks 10 million user bar, quadrupling scope of global operations

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November 11, 2014
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Moovit, an Israeli made public transport app, has declared that it quadrupled the scope of its global operations in 2014 and that it has more than 10 million users around the world, adding more than 300 new cities this year alone.

The company states that it is launching a new city every day and that one million new users join the Moovit community on a monthly basis.

Moovit was launched in March 2012, and began its international expansion in 2013. Its main corporate headquarters are located in Ness Ziona, Israel, with an International office in San Francisco. In December 2013, the company raised $28 million in a round led by Sequoia Capital Venture Capital Funds, in addition to the $3.5 million it raised in a previous round from Gemini Israel Ventures and the BRM Group.

The Moovit App boasts that it offers everything you need to travel on public transport in the, “smartest, speediest and easiest way possible.” It works by combining information from public transport operators and authorities with live information from the user community. It offers travelers a real-time picture and the fastest and the most comfortable routes.

Moovit users can also send active reports about their travel experience, such as bus congestion levels and cleanliness. The more people use Moovit, the more users receive real-time information concerning buses and trains. Live information received from travelers, the company says, offers all users improved route plans and more accurate estimates about arrival times.

The app is currently available in more than 40 countries in Europe, North and South America, Asia and Australia, and in approximately 400 cities, including New York, Paris, London, Rome, Los Angeles, Barcelona, São Paulo, Buenos Aires, Sydney and Toronto.

Last month, Moovit began its expansion into Asia, and has already opened service in selected cities in South Korea, Singapore and Thailand.

“Moovit delivers a useful solution to local transit riders everywhere it operates. Crossing this 10 million user threshold proves once again that, all public transport passengers, anywhere in the world, experience the same problems and require the same solutions. We’ve recently started to deploy the service in Asia, a huge market with a large number of metropolitan areas, and millions of travelers in need for a world class transportation app,” Moovit CEO Nir Erez says.

:: JPost

Teens’ alarm app knows when to wake you, or let you sleep

Posted on:
November 10, 2014
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Can you afford a couple more minutes in bed and still make it on time to work or school? SmartAlarm has the answer

Your next smart alarm clock could let you sleep until you really need to get up – or ensure that you get to where you need to go on time. The SmartAlarm, as the app under development is called, is the work of an Israeli teenager, with some help from his American high school buddies.

Zach Bamberger, a high school senior who has been studying at the American Hebrew Academy in Greensboro, North Carolina, was home to do an internship in Netanya during the summer between his junior and senior years of high school. On his way to work from Haifa one day, though, his bus got stuck in heavy traffic, and he got to work late.

It’s an old story, but Bamberger came up with a new twist. He realized that he could have made it on time if he had known his bus would be delayed – and thus was born the idea of the SmartAlarm, which checks weather conditions, traffic alerts, and other data and decides when you need to get out of bed in order to make it to work on time.

It’s about more than just getting up on time. A smart alarm has to be smart enough to know what your daily schedule and habits are and factor them into the algorithm. “Alarms today are based on the assumption that rare events are unlikely to happen in the future,” Bamberger writes in SmartAlarm’s business plan. “They follow a universal clock, but tend to disregard a person’s individual activity schedule. Current alarms are incapable of taking into account variable constraints such as flight delays, traffic jams, or severe weather.”

Read more at Times of Israel.

Google Doodle Partners With Israeli Video Startup To Remember 25 Years Since Fall Of Berlin Wall

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November 10, 2014
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To commemorate the 25th anniversary of the fall of the Berlin Wall, Google today decided to make a very special Google Doodle (the Google logo that changes daily). With only a short time to put the Doodle together, and a desire to make it as meaningful as possible, the Google team wanted to make a video compilation showing parts of the Berlin Wall that are currently on display in 17 countries across the world. With little time on their hands, the Google team in Mountain View, California turned to Israeli video production startup VEED.me to get crews filming in all locations.

Read more at NoCamels.

Chinese tech giant Founder to open Israel subsidiary

Posted on:
November 6, 2014
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The company, worth over $5 billion, is one of the biggest – from China or anywhere else — to invest in Israel

Founder Technologies, a subsidiary of the Founder Group, one of China’s biggest companies, is set to open a subsidiary in Israel, according to documents released by the company. In 2012, Founder it took in $9.9 billion and had a net worth of $5.2 billion, operating in 80 countries.

Now it’s adding Israel, the company said in documents filed with local regulatory authorities, establishing a company in Tel Aviv to be called FounderTech (Israel) Limited. The Israeli company will belong to Founder subsidiary Shanghai Founder Technology (HK) Limited, and will concentrate on providing smart cities solutions. Participating in projects to be developed in Israel will be two other Founder organizations, Founder International Software Co. and Founder Broadband Network Service Co.

Read more at Times of Israel.