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24/7
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22:44
Israel’s IAI and Thales to build Nigeria’s next comm satellites in a $2 Billion deal
20:01
Smart Shooter backlog hits $51.6 million after surge in new orders
16:44
Average cost of a reservist to the economy: 53,000 shekels per month
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A Security: “An attack against closed commercial software used to take months of work”
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After raising $51 million, Minimus shuts down as Twistlock founders return remaining cash to investors
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Alice raises $140 million at $700-800 million valuation after betting that AI will need a new security layer
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Sam Altman admits he underestimated how slowly the economy would embrace AI
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SanDisk cuts dozens of jobs in Israel despite AI-fueled surge
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DoiT acquires Israeli startup Attribute for estimated $65 million
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Downround
2 stories about Downround
Snyk losses surged to $267 million in 2022 despite 157% increase in revenue
02.10.23
|
Allon Sinai
The cybersecurity startup ended the year with total cash balances of $523.3 million after raising $196.5 million in a Series G downround last December at a valuation of $7.4 billion
"In 2023 many high-tech companies will significantly decrease in value"
14.12.22
|
Meir Orbach
After the layoffs, local high-tech is preparing for a wave of declines in company valuations, similar to the trend in the U.S. Israeli-American cyber unicorn Snyk revealed its value fell by 12% when it raised $196 million this week