Siverge Partners With IBM on Powerful Processor

IBM is certainly taking advantage of the lightspeed innovation happening in the Israeli tech world. Herziliya-based Siverge Networks has told EETimes that it is collaborating with IBM on the development and production   of a convergence processor, codenamed Griffin. The chip will be available in the second half of this year, and will be sold to companies [...]

N-Trig Raises Whopping $41M

N-Trig Ltd., an Israeli technology company founded in 1999 with offices in Tel Aviv, Texas and Taiwan, has raised a whopping $41 million “including $28 million from Canaan Partners, Evergreen Venture Partners, and current investors, a $5 million credit line from Plenus Venture Lending Fund, and the rest in future commitments by investors” according to [...]