Check Point was established in Ramat Gan, Israel in 1993, by Gil Shwed (CEO as of 2016), Marius Nacht (Chairman as of 2016) and Shlomo Kramer (who left Check Point in 2003). Shwed had the initial idea for the company's core technology known as stateful inspection, which became the foundation for the company's first product, FireWall-1; soon afterwards they also developed one of the world's first VPN products, VPN-1. Shwed developed the idea while serving in the Unit 8200 of the Israel Defense Forces, where he worked on securing classified networks.
Waze Mobile Ltd, formerly FreeMap Israel, is a subsidiary company of Google that provides satellite navigation software on smartphones and other computers that support the Global Positioning System (GPS). In addition to turn-by-turn navigation, it incorporates user-submitted travel times and route details while downloading location-dependent information over a cellular network. Waze describes its application as a community-driven initiative that is free to download and use.
The software was originally developed in Israel by Waze Mobile, a company founded by Israeli entrepreneurs Ehud Shabtai, Amir Shinar, and Uri Levine, veterans of the Israeli intelligence unit 8200. Funding for the initial project was provided by two Israeli venture capital firms, Magma and Vertex Ventures Israel, as well as by an early-stage American venture capital firm, Bluerun Ventures. In June 2013, Waze Mobile was acquired by Google for US$1.3 billion.
