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New Oracle layoff data reveals heavy cuts among cloud workers

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Intel let RealSense go. Now Cognex is paying $600 million to buy it

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Cyera raises $400 million from Goldman Sachs, bringing 2026 funding to $1.4 billion

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Thailand plans to buy Israeli Rampage missiles and Elbit precision munitions

Funding

20 stories about Funding

מייסדי וויז, מימין לשמאל: רועי רזניק , עמי לוטבק , אסף רפפורט ו ינון קוסטיקה

Wiz leads Israeli tech to its best quarter of funding in two years

30.06.24|Meir Orbach

Even without the $1 billion funding round by the cyber decacorn, local startups raised over $1.9 billion, the most since the fourth quarter of 2022

ליאור סוסן ברייט משינס

Bright Machines bags $126 million Series C one month after closing Israeli R&D center

The company, headed by Israeli CEO and founder, Lior Susan, laid off 60 of 68 employees in Israel, with the rest relocating to San Francisco

War can't stop Israeli cyber growth

27.06.24|Sophie Shulman

Israeli cyber startups raised $2.9 billion between January and mid-June, compared to $1.9 billion in all of 2023 and $3.2 billion in 2022. There were also 12 exits in early 2024, compared to 21 in 2023, 16 in 2022, and a record 35 in 2021, according to a report by YL Ventures

מטוס של אזול איירליינס חברות תעופה

Fetcherr nets $90 million for GenAI pricing engine

The Algo based company developed an agnostic AI-driven market engine and aims to disrupt traditional legacy revenue systems through deep learning methodologies, beginning with the airline industry

Sensi.AI raises $31 million Series B for elderly care platform after loss of key team member in war

26.06.24|Meir Orbach

The Israeli startup's audio-based solution enables elderly individuals to continue living at home rather than being hospitalized. Yuval Halivni, the company’s data operations lead, was killed on October 9th while serving in the reserves

Upword raises $3 million for its AI-powered research companion for professionals

The company’s tool has already gained 30,000 users and 1,000 paying customers

מייסדי סמפריס מימין גיא טברובסקי , מיקי ברזמן , מתן ליברמן Semperis

Semperis enters unicorn club with $125 million round at over $1 billion valuation

20.06.24|Meir Orbach

The cyber company also named a new CFO, CRO and CLO as it continues to gear up for a potential IPO

PointFive founders

IntSights founders unveil new cloud cost optimization startup, raise $16 million in Seed funding

19.06.24|Meir Orbach

Alon Arvatz, Gal Ben-David, and Amir Hozez’s new startup, PointFive, aims to uncover deep, infrastructure-level savings opportunities, enabling enterprise organizations to promote continuous cloud cost efficiency

MRI של חברת אינסייטק insightec

Insightec raises $150 million six months after cutting 20% of staff

19.06.24|Golan Hazani

The healthcare company, which has developed a platform that focuses on sound waves, safely guided by MRI, to provide tremor treatment to patients, raised the funding at a $375 million valuation, down from $1 billion

Zencity secures $40 million Series C for community engagement platform for local governments

18.06.24|Meir Orbach

The Israeli startup counts 8 of America’s 10 largest cities among its customers and plans to spend the new capital on advancing its artificial intelligence capabilities

Entro Security raises $18 million Series A for non-human identity and secrets management platform

18.06.24|Meir Orbach

The Israeli startup’s platform helps security teams to implement and automate strong governance for secrets and NHI management, with real-time detection and response

צוות עובדים Finaloop

Finaloop raises $35 million Series A for e-commerce accounting platform

17.06.24|Meir Orbach

The Israeli startup’s platform makes all financial data accessible to e-commerce stakeholders, from periodic accounting to real-time finance metrics

מייסדי Aim Security מימין מתן גץ ו אדיר גרוס

Aim Security closes $18 million Series A to secure GenAI enterprise adoption

17.06.24|Meir Orbach

Less than five months after announcing its Seed round, the Israeli startup has landed additional funding for its security platform that governs and secures AI use across the modern business environment

BlinqIO founders

BlinqIO raises $5 million Seed round for generative-AI software testing platform

The startup’s platform provides an essentially infinite pool of human-like testers that can be integrated into the development process, allowing companies to allocate higher value work to their human workforce

בלוקצ'יין קריפטו מטבעות דיגיטליים 2

Fhenix raises $15 million Series A to bring confidentially to the Ethereum blockchain

The company plans to use the funds to support the initial stage of its open testnet, dubbed Helium, which will enable developers to deploy smart contracts to the Fhenix network for the first time

May 2024 in Israeli tech funding: $1.46 billion in 19 deals

Thanks to the biggest funding round in Israeli tech history courtesy of Wiz, local startups raised over $1 billion for a second straight month

מייסדי פיירפליי Firefly

After CTO was murdered by Hamas on October 7, cloud startup Firefly nets $23 million Series A

29.05.24|Meir Orbach

Firefly co-founder Sefi Genis was murdered in the brutal attack by Hamas at the Nova party. “In the early days, we did not know if we would survive. It hurts every day, but we are not in mourning. We are building Sefi's legacy,” said CEO Ido Neeman

מייסדי Orca AI ירדן גרוס ו דור רביב

Orca AI raises $23 million for autonomous shipping platform

27.05.24|Sophie Shulman

The Israeli startup's system, already installed on ships operated by major companies including MSC and Maersk, reduces the number of marine accidents, optimizes sailing, and thus reduces fuel consumption and air pollution

Unlimited Robotics founders

Unlimited Robotics raises $5 million Seed round to tackle healthcare worker shortage

The company's 2-armed robots are designed to navigate the dynamic and complex environments of hospitals, performing repetitive tasks such as delivering meals and supplies, directing patients and visitors, transporting Personal Protective Equipment (PPE), and engaging with elderly patients in cognitive activities

Finout raises $26 million Series B to optimize cloud expenditure

23.05.24|Meir Orbach

The Israeli startup’s FinOps platform is used by leading global brands, including Lyft, the New York Times, Choice Hotels, Wiz, Tenable, and Appsflyer, to optimize cloud expenditure and allocate costs across all cloud providers and services

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