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Palo Alto Networks CEO: “We’re happy Wiz is now part of Google, it gives us more room to operate”
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“Younger people are getting cancer more and more. We have to make kinder medicines.”
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The $2.3 billion mystery arms deal Israel won’t explain
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“The acquisition of Armis marks a clear entry by ServiceNow into cybersecurity”
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Meir Orbach

20 stories about Meir Orbach
עובדי SISENSE סייסנס

Business intelligence unicorn Sisense sacking 13% of workforce in second round of layoffs in six months

11.01.24|Meir Orbach
Sisense has seen its team shrink by half since 2022, with 60 jobs now set to be cut after 100 employees were let go last July
מימין מנכ"ל ביוקאץ' גדי מזור ומייסד שותף בטראקס יואל בר אל

State of the unicorns 2024: Fighting for revenue

10.01.24|Meir Orbach
A promise of future income no longer ensures unicorn status. Interest rate increases and the recession in the industry sent investors looking for actual revenue and companies that will streamline and lay off
מימין ממייסדי צלזיוס אלכס משינסקי מייסדי וסטו יניב ברטלה ו אלון ליפשיץ ומייסד RapidAPI אידו ג'ינו

State of the unicorns 2024: The fall of the Zombiecorns

10.01.24|Meir Orbach
A number of unicorns crashed after the euphoria of the tech bubble of 2020-2021 and became worthless zombies. These companies were mired in criminal entanglements, and relied on misrepresentation of data and charm to cover up a lack of real business activity
מייסדי אוטומייז Authomize מימין רון ליברמן גל דיסקין ומנכל החברה דותן בר-נוי

Delinea acquires cyber startup Authomize for several tens of millions of dollars

09.01.24|Meir Orbach
Authomize employs 38 people who will join Delinea and form the base of its R&D center in Israel
DigitalOwl founders

Insurtech startup DigitalOwl raises $12 million from insurance giant RGA

09.01.24|Meir Orbach
The Israeli startup's platform provides automated reading, summarization, and analysis of medical records for insurance companies and lawyers, providing real-time, highly accurate assistance in their underwriting, claims settlement, and fraud prevention processes
מעבדה דגימות דם מחקר חיסון קורונה הוליווד פלורידה אוגוסט 2020

Cancer care startup C2i Genomics acquired by Veracyte for up to $95 million

08.01.24|Meir Orbach
The Israeli company, which has developed a test platform using whole-genome tumor sequencing, had previously raised $112 million
יואל מארק מנהלת מרכז הפיתוח של Oath יאהו לשעבר בחיפה

UAE-based Technology Innovation Institute to open Israeli AI/IR Research Center headed by Yoelle Maarek

08.01.24|Meir Orbach
“I am opening in Haifa, Israel, an AI/IR Research Center for the Technology Innovation Institute (TII). TII is the UAE-based institute that invented Falcon, one of the leading open-source Large Language Models,” Maarek wrote on LinkedIn. “We will work on some of the most interesting challenges in AI and at the same time contribute to the vision of scientific collaboration articulated in the Abraham Accords.”
מגזין עצמאות 4.5.22 מימין דניאל גבאי ו מיכאל גבאי מייסדי טריגו trigo

Frictionless retail startup Trigo laying off 15% of team

04.01.24|Meir Orbach
The computer vision company that develops infrastructure for autonomous retail stores and retail analytics is cutting 30 jobs
Imagindairy founders

Foodtech startup Imagindairy receives FDA approval for animal-free milk proteins

04.01.24|Meir Orbach
Imagindairy creates animal-free milk proteins from microorganisms via proprietary precision-fermentation technology that allows the production of a broad spectrum of dairy analogs, from raw milk to cheese, without involving animals
מימין: דרור דוידוף מנכ"ל ומייסד משותף אמיר ג'רבי CTO ומייסד משותף אקווה סקיוריטי

Aqua Security raises $60 million at over $1 billion valuation

03.01.24|Meir Orbach
The cyber unicorn, which has now raised $325 million since its founding in 2015, said the new funding is an extension of its Series E from March 2021
מגזין נדלן מרץ 2023 מגדל עזריאלי שרונה תל אביב

Dramatic drop in Seed funding doesn't bode well for future of Israeli tech

03.01.24|Meir Orbach
According to data from Start-Up Nation Policy Institute (SNPI), Israeli startups raised $7.3 billion in 2023, the lowest since 2018 and a 60% decrease from 2022. There was also a 50% decrease in the number of companies who raised a Seed round compared to 2022
מימין: שניים מהמייסדים אבי שועה אבי שוע מנכ"ל ו גיל גרון

Cyber unicorn Orca Security laying off 15% of workforce

03.01.24|Meir Orbach
Orca, which has raised $640 million to date and was last valued at $1.8 billion, is parting ways with around 60 employees
קו רקיע מרכז תל אביב Tel Aviv Business Center

Israeli startups raise $1.45 billion in Q4 despite war, end 2023 with $6.9 billion in total

28.12.23|Meir Orbach
The fundraising activity in 2023 was similar to 2018-2019. The data reflects a 44% decrease in the number of deals and a 56% drop in the amount of raised capital compared to 2022
ועידת MIND THE DATA רון רימון מייסד משותף WhiteSource

Mend.io acquires cyber startup Atom Security

24.12.23|Meir Orbach
The previously bootstrapped Atom Security was founded earlier this year and the acquisition is valued at several million dollars. This marks Mend's fifth acquisition in the last three years, totaling tens of millions of dollars
ענת בונשטיין מוביליון

Dr. Anat Bonshtein appointed as partner at Mobilion Ventures

24.12.23|Meir Orbach
Dr. Bonshtein previously served as the director of the National Program for Smart Transportation and Fuel Alternatives in the Prime Minister's Office
משרדי אנבידיה NVIDIA תל אביב

Nvidia donates $15 million to non-profits amidst war

24.12.23|Meir Orbach
Thousands of employees from 30 different countries donated $5 million, an amount that was tripled by Nvidia with an additional $10 million donation
עמי אברהמי עמית הלר Veev

Construction giant Lennar acquires full control of former proptech unicorn Veev

21.12.23|Meir Orbach
Veev, valued at $1 billion in March 2022, recently entered insolvency in the United States due to an inability to meet financial obligations to suppliers and employees under California state laws
מבחנה ביומד

AnGes laying off 110 EmendoBio employees three years after $250 million acquisition

20.12.23|Meir Orbach
The Japanese pharma company notified the employees of the Israeli firm that they are being fired and the future of the company's technology is unclear at this point
צוות Israel Resilience Fund משמאל מנהל הקרן ג'ף קופייצקי מנכ"ל OurCrowd ג'ון מדבד אלון טל מאיה זכודין קורן

OurCrowd announces $50 million Israel Resilience Fund with eight initial investments

20.12.23|Meir Orbach
The fund has so far received more than $13 million in capital commitments, and approved the first eight investments from the fund, including to BlueTree, Carrar, Edgybees, and Verobotics
משרדים 2 חברות הייטק קייב

Funding troubles plaguing both veteran and young Israeli startups

20.12.23|Meir Orbach
According to the Start-Up Nation Policy Institute, older startups (established before 2017) and those that raised significant amounts before the war are also having problems raising capital
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