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US, European and Asian entrepreneurs: SparkLabs launched a $30m seed-stage fund just for you

The Next Web

There aren’t a tonne of funds focused on seed-stage funding worldwide, but we can add a new one to the list today. SparkLabs , the company behind the accelerator program in Korea , is expanding its scope with its first seed-stage fund that will “help great startups go global.”. The caliber of its founding team is impressive.

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How to pivot away $34m: Israel’s Xeround shuts it doors with a lesson

The Next Web

Editor’s note: This story was written by Henn Idan and Yaniv Feldman , and was originally published in Hebrew by Newsgeek , the largest tech blog In Israel. . Xeround was founded in 2005 by Sharon Barkai – founder of Sheer networks, which was eventually sold to Cisco , and Dr. Gilad Zlotkin – founder of Class Data, also sold to Cisco.

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Cato Network snags $130M Series E on $1B valuation as cloud wide area networking thrives

TechCrunch

Cato Networks has spent the last five years building a cloud-based wide area network that lets individuals connect to network resources regardless of where they are. Palo Alto Networks to acquire CloudGenix for $420M. With the new funds, he plans to keep building the company and the product.

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Cylus raises $30M Series B to help protect trains and metros worldwide

TechCrunch

CylusOne takes just a few hours to install, requiring zero downtime, fully integrating with new and legacy systems with no changes to the network architecture required, providing full visibility within seconds. . The Israel-based company announced today it has closed $30 million in a Series B round to help protect trains and metros.

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Governments should invest in their diaspora founders

TechCrunch

How to win consulting, board and deal roles with PE and VC funds. We propose that governments should systematically support funding for their diaspora founders, not just founders locally. There are three main players in any tech ecosystem: The first are founders who want to build companies and need funding.

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Cymulate snaps up $70M to help cybersecurity teams stress test their networks with attack simulations

TechCrunch

“We are providing our customers with a different approach for how to do cybersecurity and get insights [on] all the products already implemented in a network,” he said in an interview. Competitors include the likes of FireEye, Palo Alto Networks, Randori , AttackIQ and many more.).

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Israel’s startup ecosystem powers ahead, amid a year of change

TechCrunch

Released in 2011, “Start-up Nation: The Story of Israel’s Economic Miracle” was a book that laid claim to the idea that Israel was an unusual type of country. The moniker became so ubiquitous, both at home and abroad, that “Israel Startup Nation” is now the name of the country’s professional cycling team. billion, from $6.51