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Huang declares Israel Nvidia’s “second home” with record-breaking campus investment
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Dell acquires AI data-infrastructure startup Dataloop in $120 million all-cash deal
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Vega raises $120 million Series B as two-year-old cyber startup hits $700 million valuation
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Cyera raises $400 million at $9 billion valuation in Blackstone-led round
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Zendesk acquires AI search startup Unleash for tens of millions
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Downround

2 stories about Downround
פיטר מקאי מנכ"ל Snyk ו גיא פודחרני מייסד Snyk סניק

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
פיטר מקאי מנכ"ל Snyk ו גיא פודחרני מייסד Snyk סניק

"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