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1
ServiceNow in advanced talks to acquire Armis at around $7 billion valuation
2
Oracle’s stock has fallen 40% since Safra Catz announced her exit. Its latest earnings didn’t calm investors.
3
Freed Nvidia engineer Avinatan Or meets Jensen Huang at U.S. headquarters
4
After over $390 million in funding, Believer Meats abruptly shuts down
5
Shipping giant MSC submits bid for ZIM, challenging Hapag-Lloyd in takeover race
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Meir Orbach

20 stories about Meir Orbach
ישי סמית מנכ"ל ורסטייל חדש

Contech startup Versatile appoints Eishay Smith as new CEO

05.02.24|Meir Orbach
Smith succeeds Meirav Oren, the company's founder, who transitions to the role of active chairman
Gali Bloch Liran Maya Elhalal

Wiz hits $350 million in ARR, plans to add 400 employees in 2024

05.02.24|Meir Orbach
The cloud security unicorn also announced the appointment of Dali Rajic, former President and COO of Zscaler, as its President and Chief Operating Officer. “We are eager to reach the future milestone of $1 billion as we look toward an IPO,” said Assaf Rappaport, CEO & co-founder of Wiz
אריאל שטרמן

Bessemer Venture Partners appoints Ariel Sterman as Partner

05.02.24|Meir Orbach
Sterman has become the fund’s third Partner in Israel focusing on investments in Israel and Europe. Over the years, Bessemer has invested approximately a billion dollars in more than 60 Israeli companies and currently has more than 40 active investments in Israel
מתוך פרסומת של פאפאיה גלובל שתוצג ב סופר בול 2024

Israeli unicorn Papaya Global to unveil workforce payments platform with Super Bowl ad

01.02.24|Meir Orbach
The workforce payments fintech said it invested two years and 864,000 engineering workhours building the end-to-end workforce platform that executes workers’ payments
Innoviz team

Innoviz cutting 13% of workforce to extend cash runway

31.01.24|Meir Orbach
The LiDAR technology developer is laying off around 60 people with the aim of reducing cash outlays by $22-24 million on an annualized basis
Oasis Security

Oasis Security raises $35 million Series A to resolve non-human identity security challenge

31.01.24|Meir Orbach
The Israeli startup’s platform automatically discovers all non-human identities across all environments, providing visibility and risk assessment with vulnerability auto-remediation
Aim Security

Aim Security raises $10 million to secure GenAI enterprise adoption

31.01.24|Meir Orbach
“This enormous risk surface is replete with unique attack vectors that existing security solutions cannot sufficiently address,” said Matan Getz, CEO and Co-founder of Aim Security
ספקית אבטחת הסייבר פרופפוינט Proofpoint

Cyber vendor Proofpoint laying off 280 employees, 6% of total workforce

31.01.24|Meir Orbach
The cybersecurity company, which was acquired by private equity giant Thoma Bravo for $12.3 billion in 2021, will be cutting around 20 jobs in its Israel center as part of the layoffs
ספורטס אילוסטרייטד בר רפאלי הימורים 888

Minute Media interested in acquiring Sports Illustrated rights

30.01.24|Meir Orbach
The sports content unicorn is among the parties considering a bid for the right to publish the iconic, battered magazine
Samer Haj-Yehia and Andy Walter

Vintage Investment Partners adds Dr. Samer Haj-Yehia and Andy Walter to its strategic advisory board

30.01.24|Meir Orbach
"Both Samer and Andy are world class professionals that are universally respected. More importantly, both bring unique experience and perspectives to Vintage that we are thrilled to tap”, said Alan Feld, Founder and Co-Managing Partner of Vintage
אולם דיונים ב בית משפט עליון

Senior VC executive charged with sexual offenses against two women

30.01.24|Meir Orbach
The name of the investor will be published next week after his appeal to the Supreme Court was rejected. The indictment states that the investor had sexual relations with two women against their will
אבי חסון מנכל SNC סטארט אפ ניישן סנטרל

Startup Nation Central laying off around 18% of workforce as donations dry up

29.01.24|Meir Orbach
“The unprecedented events we are experiencing since October 7th have changed the priorities of Jewish philanthropy. As an organization funded solely by donations, we had to make adjustments to our activities, in view of the foreseen challenges in raising donations in 2024,” said SNC
ג'ון אווירט שותף ב StepStone VC

"There is currently a trillion dollars trapped in VC funds and investors are desperate for liquidity”

29.01.24|Meir Orbach
"The current market situation is the perfect storm for us. Investors, who may have initially expected 7x or 5x returns in venture capital, are now willing to liquidate even for a 2x return,” explained John Avirett, a Partner at StepStone VC, who is in Israel raising money from institutional investors for a new $3 billion secondary fund
Tom Livne

Transcription unicorn Verbit searching for new CEO to replace Tom Livne

28.01.24|Meir Orbach
The company's revenues have plateaued around $80 million over the past year, with no visible signs of significant growth on the horizon. The company and Livne are in agreement that a new CEO is needed to lead Verbit to the next phase
מייסדי סילק סקיוריטי

Armis on verge of acquiring cyber startup Silk Security for tens of millions of dollars

28.01.24|Meir Orbach
Silk, which has developed a platform for sustainable cyber risk resolution, raised $12.5 million in Seed funding last August
גוגל ו יוניטי סופטוור

Tech titans start 2024 with mass layoffs, but is the worst yet to come?

25.01.24|Meir Orbach
Layoffs signal broader industry challenges, prompting fears of further job losses
מערכת נטרול רחפנים של חברת די-פנד הישראלית

Anti-drone systems were sent to war despite previously malfunctioning in US

24.01.24|Tomer Ganon, Meir Orbach, Yuval Azulay
Systems that the Israeli company D-Fend sold to the USA through Elta suffered malfunctions, and 15 of them were returned to D-Fend. During the war, similar systems were loaned to the Ministry of Defense, although the CEO of D-Fend admitted: "There is a real risk that the malfunctions will return and repeat themselves." D-Fend: "The quality of the systems is not in doubt."
Asaf Peled

Minute Media acquires STN Video for $150 million

24.01.24|Meir Orbach
The sports content unicorn raised around $100 million in debt and equity from HSBC Innovation Banking and funds and accounts managed by BlackRock at a valuation of over $1 billion in order to help fund the deal
עופר סמדרי לאוניד בלקינד ו אלדד לבני מייסדי Torq

Cyber startup Torq adds $42 million to Series B

23.01.24|Meir Orbach
According to the company, it registered 300% revenue growth and 500% customer growth in its third year of operation in 2023
עילית רז ג'ונקו joonko

Former Joonko CEO Ilit Raz suing company for $300,000 in legal expenses

23.01.24|Meir Orbach
Raz, who left the company amid allegations from the board that she “engaged in egregious, unethical, and fraudulent conduct”, is alleging corporate failure to cover attorney expenses related to an investigation
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