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24/7
Headlines
19:57
Cox Automotive acquires Israeli startup Fullpath for hundreds of millions in AI push
19:08
Oasis Security appoints ex-McAfee president and Forescout CEO as president
18:52
“Mythos is just a blip in a long, constantly growing path to high resiliency.”
16:00
Copperhelm secures $7 million Seed to automate cloud security with AI agents
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1
The 50 most promising Israeli startups - 2026
2
AI security unicorn Cyera acquires two-year-old startup Ryft in $100-$130 million deal
3
“We’re aiming to build the next Palo Alto Networks or CrowdStrike”
4
Vast Data’s valuation soars to $30 billion, raising $1 billion amid AI buildout boom
5
After raising $124 million, Sight Diagnostics on brink of closure after laying off all employees
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Layoffs
20 stories about Layoffs
Real estate platform Reali shutting down operations
24.08.22
|
Meir Orbach
The Israeli-founded startup raised a $100 million Series B just one year ago
After cutbacks and CEO departure, what’s next for the controversial NSO?
22.08.22
|
CTech
The surveillance firm, which makes Pegasus software, has been contending with legal action after allegations that its tools were misused by governments and other agencies to hack mobile phones
NSO lays off 100 employees, CEO Shalev Hulio to step down
21.08.22
|
Meir Orbach
The much-maligned offensive cyber company will be parting ways with around 15% of its workforce, while long-standing CEO Hulio will focus on the sale of the company, which has been under intense scrutiny since last year for the sale of its Pegasus hacking tool
Startup anywell reduces workforce by 50% as part of company restructure
14.08.22
|
Meir Orbach
The Workspace-as-a-Service platform for a hybrid work model has laid off 11 additional employees as it continues its restructuring which began following a $10 million Series A in March
Survey: More than half of Israeli high-tech companies expect an increase in activity in the coming year
14.08.22
|
Adrian Filut
A survey by the Central Bureau of Statistics, which examined the expectations of company managers in the high-tech sector, found that over 40% of high-tech companies expect to hire more employees in the coming year
Wix announces $150 million cost-cutting plan as bragging backfires
11.08.22
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Sophie Shulman
Just three months ago the company's CEO boasted on social media that the only cuts he will be making will be in the brand of alcohol at the company, but this week it already announced the laying off of 100 employees
Fintech unicorn Melio fires 60 employees
09.08.22
|
Meir Orbach
The Israeli company raised $250 million at a $4 billion valuation last year, but said that due to a shift in product priorities it will be parting with 60 team members across its sales and customer success team
Kaltura cuts 10% of workforce as growth stalls and takeover looms
09.08.22
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Sophie Shulman
The Israeli-founded video creation and distribution company is laying off 80 employees, 30 of them in Israel
Wix laying off 100 employees
09.08.22
|
Meir Orbach
This will be the second significant cost cut by the company since it announced its intention to reduce expenses earlier this year, with Wix parting with several dozen employees when it closed its subsidiary Wix Answers in June
Volunteering platform Vee lays off 30% of workforce
31.07.22
|
CTech
Vee’s platform hosts a wide range of volunteering opportunities, enabling HR teams to find, coordinate, and share charity events
Marketing platform Skai sacks scores of employees
27.07.22
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Sophie Shulman
The Israeli company, formerly known as Kenshoo, is laying off around 30 employees, making up about 4% of its workforce
Outbrain to oust 38 employees after losing 75% of its market cap in a year
26.07.22
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Sophie Shulman
The internet recommendation platform will be laying off around 3% of its workforce
Fiverr fires 60 employees as part of a refocus on core business
26.07.22
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Sophie Shulman
The NYSE-traded and Israeli-founded online gig marketplace will be laying off around 8% of its workforce. Fiverr shares have fallen by 66% in 2022 and by almost 90% from their peak at the start of 2021
So long, Soluto: A worrying trend as Israel-based R&D centers fall victim to tech giant cutbacks
25.07.22
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Meir Orbach
Despite going through the classic route for Israeli high-tech startups, Soluto, which was purchased by American tech giant Asurion in 2013, was unable to survive the wave of cutbacks ravaging the industry. Sadly, Soluto won't be the only Israeli company to experience such a fate
AID Genomics closing Israeli R&D center, firing 400 employees
24.07.22
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Meir Orbach
The global company rose to prominence in Israel over recent years following its activity in the Covid-19 testing market, but has decided to cut back its local workforce due to differences with the Ministry of Health
Asurion shutting down Israel R&D center Soluto, lays off all 120 employees
24.07.22
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Meir Orbach
Soluto was acquired by the U.S. company in 2013, but will be closing as part of a reorganization being taken on by Asurion
The warehouse robotics startups revolutionizing retail
24.07.22
|
Noa Gadot
E-commerce growth, lack of human capital and better automation capabilities have created a need for superior fulfillment capabilities. These four Israeli startups are stepping up to the challenge and changing retail logistics for the better
Vimeo slashes workforce by 6%, including in Israel R&D center
21.07.22
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Meir Orbach
The video hosting, sharing, and services platform will be parting ways with around 70 employees in total, including about 10 of its 120 employees in Israel
Zencity cuts 20% of workforce
20.07.22
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Meir Orbach
The Israeli startup, which provides community insights and an analytics platform for state and local governments, will be parting ways with around 30 employees
Kornit Digital laying off dozens of employees after share price crashes
20.07.22
|
Yuval Azulay
The Israel-based maker of industrial inkjet printers for the garment industry has seen its stock fall by over 80% since the start of the year
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