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Top related persons:
Steven Scheer - 2 Raul Sarugo - 1 Israel - 1 Netanel Shraga - 1 Barak Klein - 1 ThetaRay - 1 Erel Margalit - 1 Dror Bin - 1
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Israel Gaza Israel's Iran Lebanese Portage ThetaRay OurCrowd
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Search resuls for: "ThetaRay"


2 mentions found


☆ Israel economy: Gaza war sends economy into the unknown
  + stars: | 2023-10-24 | by ( Steven Scheer Ari Rabinovitch | Steven Scheer | Ari Rabinovitch | ) www.reuters.com   time to read: +6 min
The cost to Israel's economy of its war with Hamas militants will be unlike anything it has experienced in decades. "This is not a hit for contractors or industrialists alone," said Raul Sarugo, president of the Israel Builders' Association. Israel was blindsided on Oct. 7 by Hamas gunmen from Gaza who rampaged through border towns in the deadliest attack on civilians in its history. The conflict has also halted the movement of thousands of Palestinian labourers from Gaza to Israel and curtailed the flow from the occupied West Bank. The Economy Ministry created a war room and put out a call for help.
Persons: Raul Sarugo, Israel, Netanel Shraga, Barak Klein, ThetaRay, Erel Margalit, Dror Bin, We've, Bin, Leo Leiderman, Amir Yaron, Yaron, Steven Scheer, Ari Rabinovich, Toby Chopra Organizations: Hamas, Israel Builders ' Association, West Bank, Columbia, HIGH, TECH, Factories, Israel Innovation Authority, Ministry, Bank Hapoalim, Israeli Finance Ministry, Reuters, of Israel, Thomson Locations: Israel, Gaza, Israel's, Iran, Lebanese
☆ Israel's ThetaRay raises $57 mln in private round
  + stars: | 2023-09-05 | by ( ) www.reuters.com   time to read: +1 min
JERUSALEM, Sept 5 (Reuters) - Israel's ThetaRay said on Tuesday it raised $57 million in a private funding round led by global fintech platform Portage. ThetaRay's technology uses artificial intelligence to identify financial cyber threats like money laundering so users can take action against suspicious transactions. "Global payment infrastructure too often fails to accurately differentiate between perfectly legitimate transactions and ones from bad actors dealing with illicit funds," said Peter Reynolds, CEO of ThetaRay. Venture capital funds JVP, the largest investor in ThetaRay, OurCrowd and others also participated in the funding round. (This story has been corrected to remove reference to ThetaRay being a cyber security firm in paragraph 1)Reporting by Steven ScheerOur Standards: The Thomson Reuters Trust Principles.
Persons: Israel's ThetaRay, Peter Reynolds, Steven Scheer Organizations: Venture, JVP, Thomson Locations: Portage, ThetaRay, OurCrowd
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