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Funding

20 stories about Funding
Edge of Tech 3.4

Has Israeli tech's March Madness got the sector back on track?

03.04.24|Elihay Vidal
Also on our AI-native show: A new report reveals the Israeli tech sector has raised $3.1 billion and seen $3.7 billion in M&As since the war began and Pango nears $200 million acquisition of Gett
צוות עובדי מרכז הפיתוח של היילו HAILO ב תל אביב

AI chip unicorn Hailo raises another $120 million to bring GenAI to edge devices

02.04.24|Meir Orbach
The Israeli startup, which took its total funding to $340 million, also announced the Hailo-10, its newest AI accelerator specifically designed to process LLMs at low power consumption for the personal computer and automotive industries
מייסדי Axonius

March 2024 in Israeli tech funding: $822 million in 20 deals

01.04.24|CTech
Israeli startups raised in March more than January and February combined, including four rounds of at least $100 million
עובדי חברת רזידנט

Israeli high-tech since the start of the war: $3.1 billion raised and $3.7 billion in M&As

31.03.24|Sophie Shulman
Despite the unprecedented challenges of having about 15% of their workforce drafted into the IDF reserves and the near-complete air blockade on Israel, local startups continue to thrive, according to a report by Startup Nation Central
קו רקיע מרכז תל אביב Tel Aviv Business Center

Israeli high-tech shows signs of recovery with $1.6 billion raised in 105 rounds in Q1 of 2024

28.03.24|Sophie Shulman
The volume of fundraising increased by 10% compared to the fourth quarter of 2023, with the number of rounds registering a 34% jump
בן סרי, סנז ישר ושניר הבדלה. מייסדי זפרן

After fleeing Iran and an illustrious career in Israeli intelligence, Sanaz Yashar raises $30M for cyber startup

28.03.24|Meir Orbach
Zafran, founded in 2022 by Yashar (CEO), Ben Seri (CTO) and Snir Havdala (CPO), develops a risk and mitigation platform to pinpoint the ‘exploitable’ threats in the organization and to mitigate their risk by mobilizing existing security controls
Coro

Cyber startup Coro nets $100 million Series D to make enterprise-grade security accessible to all

28.03.24|Meir Orbach
The Israeli startup, which took its total funding in the past 24 months to $255 million, offers an enterprise-grade security software platform to SMEs covering endpoint protection, email and user protection and network and cloud protection
גיא ליבוביץ וגולן קופיצ'ינסקי, מייסדי נומינל

Nominal raises $9.2 million in Seed funding to modernize enterprise planning with GenAI

28.03.24|Meir Orbach
Nominal’s platform uses generative AI and cloud technology to bridge the gap between legacy ERP (enterprise resource planning) systems and standard spreadsheets for accounting and financial management in mid-market businesses
Foundational team

Foundational nets $8 million in Seed funding to bring AI agents into data engineering

25.03.24|CTech
The Israeli startup, which raised funding from Viola and Google's AI-focused fund Gradient, helps data and analytics teams to push continuous code changes, safeguarding against frequent issues and harmful incidents that affect critical data
FundGuard

FundGuard secures $100 million Series C for AI-powered investment platform

25.03.24|Meir Orbach
The Israeli startup’s platform helps asset managers and their service providers to manage mutual funds, ETFs, hedge funds, insurance products, and pension funds, supporting digital transformation, operations automation, AI-based insights, resiliency, and migration to the cloud
נמרוד וקס ו דימיטרי סירוטה מייסדי BigID ביג איידי

BigID raises $60 million at over $1 billion valuation as it closes on $100 million in ARR

20.03.24|CTech
The Israeli startup, which develops solutions for data security and compliance for the public and private cloud, recently introduced new data hygiene capabilities for the generative AI data pipeline
Euno founders

Euno raises $6.25 million in Seed funding for data model governance platform

19.03.24|CTech
“Our mission is clear – to untangle the toughest knots for data teams and give peace of mind to organizations with their data governance. No matter how fast the company scales,” said CEO Sarah Levy
Neureality founders Yossi Kasus Moshe Tanach Tzvika Shmueli

NeuReality raises $20 million to make AI data centers faster and cheaper

19.03.24|Meir Orbach
The Israeli startup’s efficient AI-centric system architecture enables companies to run generative AI applications and large language models (LLMs) without overinvesting in scarce and underutilized GPUs
IO River founders

IO River raises $5.4 million Seed round to optimize Internet content delivery

13.03.24|CTech
The Israeli startup’s platform for managing multiple edge platforms ensures that users get the fastest, most cost-effective content served automatically by the optimal edge locations
תמר בר אילן ויותם שגב, מייסדי סייארה

Cyber startup Cyera targeting over $200 million in funding at $1.5 billion valuation

13.03.24|Meir Orbach
The Israeli data security company is set to triple its valuation from its $100 million Series B last June
מגזין עצמאות 4.5.22 מימין יונתן ברגמן אמפתי ו רון גורה מייסדי אמפת'י Empathy

Empathy raises $47 million Series B for platform that assists with grief and the loss of a loved one

12.03.24|Meir Orbach
In the past three years, Empathy has made a full range of assistance with grief, estate settlement, probate and more available to 5 million employees and 35 million policyholders across the US
מימין דאלי ראג'ק ו אסף רפפורט wiz

Wiz eyeing hundreds of millions of dollars in new funding at over $10 billion valuation

09.03.24|Meir Orbach
According to the Financial Times, the cybersecurity unicorn, which has already raised $900 million to date, is in talks with investors including Thrive, Lightspeed Venture Partners and G Squared
Fijoya team

Fijoya raises $8.3 million Seed for employer-sponsored healthcare platform

07.03.24|CTech
The Israeli startup’s AI-driven recommendation engine matches employees with the precise health services they need from thousands of options available in the platform
יניב ורדי מנכל קלרוטי Claroty

Cyber unicorn Claroty raises $100 million, surpasses $100 million in ARR

06.03.24|Meir Orbach
The Israeli company, which raised the money through a combination of equity and credit, took its total funding to date to $635 million
Sweet Security founders

Former Israeli military cyber chiefs net $33 million Series A for cloud security startup

06.03.24|Meir Orbach
Sweet Security leverages deep runtime analysis to identify and address cloud risks
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