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Cybertech

The founders of Lusha, Yoni Tserruya and Assaf Eisenstein. Photo: Geva Talmor

Lusha raises $40 million for creation of data-sharing community

It is the company's first funding round after five years of organic growth based on its own funds. The investment, which was led by growth equity firm PSG, will be used for speeding up development of the company's technology and expanding operations globally 

Uzi Navon (R), Oracle Israel country leader, Moshe Lion (C), mayor of Jerusalem, and Alon Ben Zur, CEO of Bynet. Photo: Ezra Levy 

Oracle to establish first local cloud region in Jerusalem

The sophisticated data center in the Israeli capital is to provide advanced cloud services to companies from a variety of sectors, the tech giant says