Intel Capital Invests in Israeli Startup Lightbits Labs

Lightbits and Imperva show how Israeli innovation and businesses continue to show strength in the face of a worldwide slowdown caused by the Corona pandemic. Imperva may be American but it was started by Israelis. And it has acquired fellow cybersecurity firm jSonar. Intel has entered into a strategic collaboration with Lightbits. And Intel Capital has invested in the company to fuel its continued growth.

Lightbits helps clients achieve efficiency and cost savings for their own private cloud or public storage as a service offerings. Its software-defined block storage solution, LightOS, lets customers “scale their business effortlessly, accelerate IT operations, and reduce cost – at the speed of local flash.”

“Intel is an industry leader with deep expertise in data center technologies, cutting-edge products, global sales prowess and an impressive ecosystem,” said Eran Kirzner, Lightbits Labs CEO and co-founder. “We are excited to partner with Intel Corporation, and our joint solutions will set the bar for generating new ROI metrics for enterprise and cloud customers.”

Read original article: