The Daily ‘3 HOT NEWS’ on Business & Innovation from Israel: E-Learning, Cloud and Incubator.

Three selected news about business and innovation from Israel. Today the three fields are: Solving the IT-Workforceshortage, Investment Cloud Security and New Incubator for Creator Economy. Selected and brought daily to you by Naftali – doing business and searching for innovation for 40 years.

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INVESTMENT E-LEARNING > Solving the IT-Workforceshortage

Masterschool (Tel Aviv), a network of tech career-training schools, announced a $100 million seed funding round led by Group 11, with significant participation from Target Global, Pitango Ventures, Dynamic Loop Capital, Sir Ronald Cohen, and other strategic investors.

With 1 million unfilled IT jobs in the US alone, the tech talent shortage is one of the biggest challenges facing companies today and is expected to reach 85 million unfilled jobs worldwide by the end of the decade. 57% of tech executives listed the labor shortage as their top concern.

To address this shortage, Masterschool created a network of career-training schools for technology, with students paying for the courses only after they are hired in the field. Through the Masterschool network, tech creators and industry experts launch schools, teaching and mentoring promising students with a curriculum that prepares them for careers in the most in-demand fields.

Since it was founded in 2019, graduates from dozens of Masterschool schools have been hired by some of the largest tech companies, including Google, Microsoft, and Intel, more than doubling their previous salaries on average.

INVESTMENT CLOUD SECURITY

Cloud data security company Dig (Tel Aviv) emerged from stealth today, announcing $11M in seed funding for the first cloud Data Detection and Response (DDR) solution. The seed round was led by Team8, with cybersecurity firms CrowdStrike, through their Falcon Fund, and CyberArk joining as strategic investors alongside Merlin Ventures. Moving beyond posture solutions, Dig Security helps organizations discover, monitor, detect, protect and govern their cloud data in real time through a single unified policy engine.

Angel investors include Tom Killalea (Chairman of MongoDB), Jeff Fagnan (Carbon Black, Veracode), Nir Polak (Founder of Exabeam), Ori Fragman (CISO Europe of Ahold Delhaize) and Nitzan Shapira (Founder of Epsagon).[1]

Data is the ultimate target of most cyberattacks; it’s the easiest way to profit from hacking. However, data in the cloud is fragmented across multiple clouds and services. A typical enterprise stores data on more than 20 types of service and thousands of instances. These organizations don’t have visibility, context or control over their cloud data. Existing data security solutions weren’t built to protect cloud data and are often irrelevant.

NEW INCUBATOR

ThoughtLeaders, the influencer marketing platform, announced today the launch of a new incubator targeted at Israeli entrepreneurs interested in building companies within the creator economy. The incubator is designed to provide aspiring founders with business development expertise and high-level data, and help them to build new tools and services for online content creators. Successful applicants to the incubator will receive personal mentorship, use of office space and a creator studio in central Tel Aviv and access to the technology and data that ThoughtLeaders has already built.

The ThoughtLeaders Incubator is dedicated to advancing initiatives within the Israeli high-tech ecosystem that involve the creation and monetization of digital content. hey will also have direct access to ThoughtLeaders’ extensive network of industry partners, with over 2000 creators and 300 brands.

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