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Cybersecurity

20 stories about Cybersecurity
מוסף שבועי 21.3.19 ד.נ.א גיל שוויד

Gil Shwed stepping down as Check Point CEO after 30 years

06.02.24|Sophie Shulman
“I feel it is the right time for me to focus on the evolution of Check Point and its next stage. I intend to transition into the role of Executive Chairman charting the future of Check Point and the cyber security market,” said Shwed after the company announced that it ended 2023 with revenues of $2.4 billion, a 4% increase from 2022, and a net profit of $997 million
Gali Bloch Liran Maya Elhalal

Wiz hits $350 million in ARR, plans to add 400 employees in 2024

05.02.24|Meir Orbach
The cloud security unicorn also announced the appointment of Dali Rajic, former President and COO of Zscaler, as its President and Chief Operating Officer. “We are eager to reach the future milestone of $1 billion as we look toward an IPO,” said Assaf Rappaport, CEO & co-founder of Wiz
בני לקונישוק מנכ"ל Zero Networks

Cyber 2024: Challenges and opportunities for Israeli companies

05.02.24|Benny Lakunishok
“The missed opportunities of 2023 present great opportunities for 2024: automated security solutions that are quick and easy to install and use, equipped with discovery and visibility tools, and deployed in the hybrid cloud to cover all customer infrastructures,” writes Benny Lakunishok, co-founder and CEO of Zero Networks
מטה פאלו אלטו סנטה קלרה קליפורניה

Palo Alto Networks ordered to pay $151.5 million to Centripetal in patent trial

01.02.24|Reuters
The jury agreed with Centripetal that Palo Alto's security software infringed four patents related to Centripetal's "threat intelligence gateway" network-security technology. A Palo Alto spokesperson said that the verdict was "contrary to both the law and the extensive evidence we presented at trial" and that the company plans to appeal
Oasis Security

Oasis Security raises $35 million Series A to resolve non-human identity security challenge

31.01.24|Meir Orbach
The Israeli startup’s platform automatically discovers all non-human identities across all environments, providing visibility and risk assessment with vulnerability auto-remediation
Aim Security

Aim Security raises $10 million to secure GenAI enterprise adoption

31.01.24|Meir Orbach
“This enormous risk surface is replete with unique attack vectors that existing security solutions cannot sufficiently address,” said Matan Getz, CEO and Co-founder of Aim Security
At-Bay Team

At-Bay partners with CrowdStrike on cyber solution for SMBs

31.01.24|James Spiro
In the U.S., small businesses are more than twice as likely to suffer a cyber attack than a fire, often spending four times more on recovery.
ספקית אבטחת הסייבר פרופפוינט Proofpoint

Cyber vendor Proofpoint laying off 280 employees, 6% of total workforce

31.01.24|Meir Orbach
The cybersecurity company, which was acquired by private equity giant Thoma Bravo for $12.3 billion in 2021, will be cutting around 20 jobs in its Israel center as part of the layoffs
Rotem Sher Claroty

Claroty appoints Rotem Sher as Chief of Staff

29.01.24|CTech
The company helps enterprises secure cyber-physical systems across industrial, healthcare, commercial, and public sector environments
Aran Azarzar

Navigating security during crisis

25.01.24|Aran Azarzar
“In the digital age, where connectivity is both a lifeline and a vulnerability, our ability to navigate cyber-attacks becomes paramount for ensuring the security and resilience of our interconnected world,” writes Aran Azarzar, Chief Information Officer at JFrog
עופר סמדרי לאוניד בלקינד ו אלדד לבני מייסדי Torq

Cyber startup Torq adds $42 million to Series B

23.01.24|Meir Orbach
According to the company, it registered 300% revenue growth and 500% customer growth in its third year of operation in 2023
Silverfort

Silverfort raises $116 million Series D for identity security platform

23.01.24|Meir Orbach
According to the company, the investment follows another record year of more than 100% growth where Silverfort added tens of millions in new Annual Recurring Revenue (ARR)
Avalor co-founders משמאל כפיר תשבי CTO ורענן רז מנכ"ל

Zscaler in negotiations to acquire cyber startup Avalor for $250-350 million

21.01.24|Meir Orbach
Avalor, which came out of stealth with a $25 million Series A last year, has developed an open data platform which can integrate data from legacy systems, data lakes, data warehouses, SQL databases, applications, and more, and then normalize and analyze it
Zero Networks Yaara Lich

Zero Networks appoints Yaara Licht as VP Finance

21.01.24|CTech
“Yaara's extensive experience in managing global financial services for growing hi-tech companies will help us build a solid and professional financial infrastructure that will support the next stages of our growth,” said Benny Lakunishok, co-founder and CEO.
Vicarius co-founders

Cyber startup Vicarius raises $30 million Series B for vulnerability remediation platform

17.01.24|Meir Orbach
Since the company’s last round of funding in 2022, Vicarius has grown its customer base to over 400 customers, adding global organizations like PepsiCo, Hewlett Packard Enterprise (HPE), Bupa, and Equinix
שי מישל – שותף מנהל בקרן ההשקעות – Merlin Ventures

Israel must double down on cyber in time of crisis

17.01.24|Shay Michel
“More than a cyber industry has emerged in Israel; a true tradition has emerged, which must be capitalized on,” writes Shay Michel, Managing Partner at Merlin Ventures
חדר מצב סייבר במשרדי Dell בבאר שבע

Decoding Israel's cyber success amid 2023 challenges and predictions for 2024

04.01.24|Sophie Shulman
YL Ventures' analysis exposes Israeli cyber's resilience, with total fundraising among Israeli cybersecurity startups last year amounting to $1.9 billion in 71 investment rounds, marking a 41% drop compared to 2022. However, the average Seed round rose to $9.8 million in 2023 and 21 Israeli cyber companies were acquired, compared to 16 in 2022
מימין: דרור דוידוף מנכ"ל ומייסד משותף אמיר ג'רבי CTO ומייסד משותף אקווה סקיוריטי

Aqua Security raises $60 million at over $1 billion valuation

03.01.24|Meir Orbach
The cyber unicorn, which has now raised $325 million since its founding in 2015, said the new funding is an extension of its Series E from March 2021
מימין: שניים מהמייסדים אבי שועה אבי שוע מנכ"ל ו גיל גרון

Cyber unicorn Orca Security laying off 15% of workforce

03.01.24|Meir Orbach
Orca, which has raised $640 million to date and was last valued at $1.8 billion, is parting ways with around 60 employees
תומאס קריין Managing Director ב Insight Partners

Increased cybersecurity M&A activity reinforces Israeli strength and innovation

28.12.23|Thomas Krane
“There are many reasons to believe that Israeli cyber M&A will not only continue but also accelerate. The combination of cyber being in Israeli DNA and the value creation already shown is sure to invite new startups into the ecosystem as well as buyers looking to capitalize on exceptional technology, talent, and businesses,” writes Thomas Krane, Managing Director at Insight Partners
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