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16:34
Unicorns Wonderful and Eon replace Meta at Tel Aviv's Sarona Tower
13:45
ServiceNow invests in Israeli cyber startup Clover Security
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AI safety under fire as chatbots provide violent guidance
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Nice CEO earns $12.8 million as shares slide 43%
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New Grok Imagine limits spark user fury: Continues glitch or policy shift?
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Former Mossad chief and real estate tycoons back controversial Israeli drone company
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ServiceNow invests in Israeli cyber startup Clover Security
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Jensen Huang: Nvidia “100% in Israel” despite war
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Israeli startup Thermagix claims “the only economical solution for harvesting low-grade heat”
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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