U.S. software provider Oracle Corp said on Monday it was opening an accelerator program in Israel for startups developing cloud technologies or whose technologies are based in the cloud.
Run by Oracle’s research and development team, the program provides six months of mentoring from technical and business experts, advanced technology, access to Oracle’s customers, and partners and investors, reports Reuters.
A pilot program was first launched in India and more centers will be announced soon. Oracle said this was a multi-million dollar program but did not disclose how much it would invest in each center.
