The software company is set to launch an accelerator scheme in Israel that will focus on startups operating in the cloud sector.
US-based cloud software and application producer Oracle is bringing its accelerator program to Israel to target cloud and related technologies, Reuters has reported.
The six-month Oracle Startup Cloud Accelerator will be run by the corporate’s research and development team. Startups will benefit from mentoring, advanced technology and access to Oracle’s clients, partners and investors.
The scheme follows a pilot initiative launched in India which is onboarding its second cohort this month. Oracle, which is putting several million dollars into the…