Congratulations to Israel-based GT clients Optibus, Aqua Security and Cynet on their recent achievements:

  • Optibus, a cloud-native AI platform for planning and operating mass transportation, which recently announced a Series C $107 million funding round
  • Aqua Securities, a pure-play cloud native security company, which allows businesses to operate with minimal friction, which recently announced the

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Congratulations to our client Curv for being acquired by global FinTech giant PayPal. As reported by several media outlets,  this transaction marks the third acquisition for a Team8 portfolio company.

Curv is an Israeli company with New York based offices, which provides cloud-based security solutions for digital assets. Representing Curv on all U.S. Labor &…

In his first three days in office, President Biden moved quickly to issue a number of executive orders (EO) impacting labor and employment policies. Read the full GT Alert  President Biden Issues Executive Orders Impacting Labor & Employment Policies to learn more on some of the key takeaways for employers and government contractors, pertaining to…

Israeli music licensing platform Artlist announced its acquisition of US company Motion Array, which provides a digital assets marketplace platform. Artlist offers a platform dedicated solely to video creation, and via the Motion Array acquisition will have the advantage of integrating Motion Array’s robust stock assets, video collaboration and portfolio builder into its platform.

Tel…

Congratulations to our client Innoviz Technologies on going public. As recently reported by various media outlets, Innoviz Technologies, an Israeli technology and perception company, is going public through a $1.4 billion special purpose acquisition corporation (SPAC) deal with Collective Growth Corporation, and will be listed on NASDAQ under the ticker symbol INVZ.

Tel Aviv Labor…

Israeli business Journal Globes recently reported 2020 to be a record-breaking year for Israeli companies raising capital on the New York and Tel Aviv Stock Exchanges.

Since the beginning of the year, Israeli companies have raised NIS 30 billion (US $8.3 billion) in both locations, with NIS 10 billion (US $2.8 billion) raised on stock…

As the Covid-19 pandemic continues to spread throughout the United States, some jurisdictions are implementing work place safety rules as a means of trying to curb the spread of the virus. Israel-based companies are welcome to reach out to GT Tel Aviv Labor & Employment Shareholder Meira Ferziger for more information on work place safety…

Congratulations to our clients SimilarWeb and Melio Payments on completing highly successful financing rounds. SimilarWeb, an Israeli digital market intelligence company is reported to be routing the $120 million investment towards accelerating the company’s growth plans, expanding brand awareness, and supporting expansion of its business through M&A activities. Melio Payments, which provides digital payment tools…

As Israeli companies with US employees approach year-end, special attention should be paid to new laws that will take effect.

In the legal update below, Greenberg Traurig’s Chicago office reminds companies that have employees in the State of Illinois of their new obligation to conduct workplace harassment training for these employees by no later than …