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24/7
Headlines
11:45
From Nvidia’s vision to Google’s nuclear reactors: The elephant in the room of Israeli AI
11:00
CTech’s Book Review: Practical tools for scenario creation
10:56
TuneMe offers a digital mental health care solution using just the user’s voice
09:51
From yellow list to gold club: How Israel won unrestricted access to the AI supply chain
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1
Palo Alto Networks CEO: “We’re happy Wiz is now part of Google, it gives us more room to operate”
2
Cyera raises $400 million at $9 billion valuation in Blackstone-led round
3
Vega raises $120 million Series B as two-year-old cyber startup hits $700 million valuation
4
UAE reportedly behind Elbit’s record $2.3 billion defense deal
5
“Younger people are getting cancer more and more. We have to make kinder medicines.”
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Meir Orbach
20 stories about Meir Orbach
Unicorn Verbit cutting 60 jobs in second round of layoffs
26.07.23
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Meir Orbach
Verbit underwent an organizational change last July that saw it reduce the company’s workforce by 10%
CrowdStrike in negotiations to acquire cyber startup Bionic for $200-300 million
26.07.23
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Meir Orbach
Microsoft has also recently explored the possibility of acquiring the Israeli company, which develops a platform that helps IT, operations, and security teams to operate and protect applications more efficiently
Coro acquires network security startup Privatise
26.07.23
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Meir Orbach
The all-Israeli deal will see Coro, which has raised $155 million over the last 12 months, add SASE capabilities to its cybersecurity platform
Trustmi raises $17 million for end-to-end payments security platform
26.07.23
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Meir Orbach
The Israeli startup has developed a product that assesses the safety of financial transactions, warns against suspected fraud in real-time, and identifies potential flaws in the process that may result from human error
Akooda raises $11 million for platform that helps companies make faster decisions
25.07.23
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Meir Orbach
The Israeli startup’s platform leverages artificial intelligence to locate, access, and analyze critical data scattered across an organization - and help solve business challenges in real-time
Blackstone investing $10 million in cybersecurity startup Adaptive Shield
25.07.23
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Meir Orbach
The financial giant is already a client of the Israeli startup, and this deal is part of a strategic agreement between the two companies to integrate the cyber company's technology into Blackstone's operations
Vesttoo scandal aftershocks still rocking insurance sector
25.07.23
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Meir Orbach
Clear Blue Insurance Group is among those to have been affected by the alleged fraud that took place on the Israeli startup’s platform
Brevel completes $18.5 million Seed round to develop alternative protein from microalgae
25.07.23
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Meir Orbach
The Israeli startup’s technology combines sugar-based fermentation of microalgae with high light concentrations at industrial scales to produce a protein that will be incorporated by food manufacturers into plant-based products
FairFly rebrands as Oversee, adds Rapyd CEO Shtilman to board
25.07.23
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Meir Orbach
The company said that after signing a strategic cooperation deal last year with global travel company BCD Travel, estimated at $10-15 million per year, it also tripled its number of customers
Thales acquiring cybersecurity company Imperva for $3.6 billion
25.07.23
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Meir Orbach
The French giant is purchasing the Israeli-founded company from private equity firm Thoma Bravo, which paid $2.1 billion for Imperva five years ago
AB InBev laying off over a third of workforce in Israel
24.07.23
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Meir Orbach
The global beverage conglomerate is set to part ways with around 40 employees in total, saying that it has decided to centralize “B2B technology support structure”
Spiritt takes Seed funding to $13.5 million for AI platform that builds apps through verbal descriptions
20.07.23
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Meir Orbach
The Israeli startup's platform allows individuals with no programming knowledge or access to programmers to independently develop end-to-end complex applications by verbally describing their ideas to the computer
Japanese insurance giant Sompo expands footprint in Israel with cybersecurity center and software development group
20.07.23
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Meir Orbach
The aim of the cybersecurity center is development of the ability to assist Sompo to secure its products against cyber threats and provide solutions to the various units of the company
FLORA Ventures raises $50 million to invest in sustainable agrifood tech
19.07.23
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Meir Orbach
Gil Horsky and Esther Barak-Landes completed the initial raise with strategic partners including Haifa Group, Harel Group, and Sadot Kibbutzim, a co-op bringing together more than 185 Kibbutzim
Vesttoo’s top legal and financial executives leave the company amid alleged fraud scandal
19.07.23
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Meir Orbach
The Chief Financial Officer, Chief Commercial Officer, Interim Chief Legal Officer, and Deputy Chief Legal Officer have all departed the startup embroiled in a fraudulent collateral crisis
Rapyd appoints financial crime expert Dr. Shlomit Wagman as Global Chief Regulation and Compliance Officer
19.07.23
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Meir Orbach
“Dr. Wagman's appointment underlines Rapyd’s commitment to maintaining the highest levels of integrity and regulatory adherence in the industry, and her appointment is another major step for Rapyd as the company makes strides towards a future IPO,” said Co-Founder and CEO Arik Shtilman
GigaSpaces to hand out almost $14 million in dividends following Cloudify’s acquisition by Dell
19.07.23
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Meir Orbach
Cloudify, which develops cloud orchestration solutions, spun off from GigaSpaces to become an independent company in 2017
Vesttoo investigation reveals $4 billion fraud involving fake letters of credit
19.07.23
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Meir Orbach, Tomer Ganon, Almog Azar
Most of the allegedly forged letters were from a leading Chinese bank, which appears to have been unaware of the situation
Wing Cloud announces $20 million in Seed funding for open-source programming language
18.07.23
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Meir Orbach
The language unifies cloud infrastructure and application code into a single programming model that works across AWS, Azure, GCP, Kubernetes, serverless, and more
Fintech unicorn Vesttoo faces alleged billion-dollar fraud scandal
17.07.23
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Meir Orbach
Following an initial inspection conducted over the weekend, it was discovered that the billions of dollars in collateral presented by the company were fraudulent
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