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Israel’s Iron Beam laser system sits idle despite war: “Appropriate, professional steps are being taken”
2
Cyber firm SentinelOne set to lay off hundreds of employees
3
Israeli ministries join opposition to $4.2 billion Zim-Hapag deal
4
Thousands of foreign workers caught in collapse of Israeli money transfer company
5
“We are investing significantly in energy weapons, including a powerful aerial laser”
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Meir Orbach

20 stories about Meir Orbach
Team8

Team8 raises $500 million in new funds, taking AUM to over $1 billion

05.03.24|Meir Orbach
Ten years since its inception, Team8 has achieved close to $2 billion in exits
יאיר-אמסטרדם-מנכל ורביט

Verbit cutting dozens of jobs in third round of layoffs

05.03.24|Meir Orbach
The move comes one month after company President Yair Amsterdam was named Acting CEO, replacing long-time CEO Tom Livne
Alex Bouaziz

Deel acquiring PaySpace for $100 million, ARR already over $500 million

05.03.24|Meir Orbach
In under five years, the company has grown to 3,000 team members in more than 100 countries. Deel noted it has been EBITDA positive and generating cash for a year and a half
ועידת ניו יורק דינה בן טל גננסיה מנכ"לית אל על וידאו

El Al CEO: "We're waiting for foreign airlines to return to Israel because we can't meet all the demand"

04.03.24|Meir Orbach
At Calcalist and Bank Leumi’s Mind the Tech conference in New York, El Al CEO Dina Ben Tal Ganancia spoke about the way the company dealt with the withdrawal of foreign airlines from Israel following the war: "We routinely received 6,000 calls a day, and now the numbers are 60,000 calls a day."
ועידת ניו יורק יזהר שי שר המדע לשעבר ומייסד טכנולוגיה וידאו

Next October: resilience, entrepreneurship and optimism

04.03.24|Meir Orbach
Izhar Shay and his son Ophir spoke at Calcalist and Bank Leumi’s Mind the Tech conference in New York about the "Next October" project that was established to commemorate his son Yaron, who fell on October 7th in the defense of Kibbutz Kerem Shalom
Healthee team

Healthee secures $32 million Series A for employee healthcare platform

04.03.24|Meir Orbach
The startup's platform offers individualized, immediate, and straightforward responses to inquiries about coverage, treatment, and benefits, as well as complete assistance throughout the Open Enrollment process
מנכ"ל מליו מתן בר וסמנכ"ל הטכנולוגיות אילן אטיאס

Fintech unicorn Melio laying off 7% of workforce

04.03.24|Meir Orbach
This is the second round of layoffs at the startup. The vast majority of the people being let go are based in Israel, with the company summoning about 40 employees from the local branch to a hearing on Monday
מטה חברת Workday קליפורניה

U.S. giant Workday acquiring HiredScore for hundreds of millions of dollars

27.02.24|Meir Orbach
The enterprise cloud applications company, which has a market cap of around $79 billion, will utilize HiredScore’s AI-powered talent orchestration solutions to enable companies to use data-driven insights to improve recruiting and talent mobility processes
Exodigo

Exodigo adds $105 million in new funding to modernize underground mapping

27.02.24|Meir Orbach
Combining multiple types of powerful sensors, 3D imaging, cloud computing simulations and a proprietary AI platform, the Israeli startup fuses massive amounts of data into one map so companies can see risks and assets underground
טוקיו צומת שיבויה רחובות מפורסמים ערים פופולאריות

Japanese investments in Israel dropped 57% in 2023

25.02.24|Meir Orbach
Investments by Japanese companies in Israel returned to 2018 levels, even though the number of transactions remained stable
מניית טבע בורסת ניו יורק מניה

Teva has sights on $12.2 billion Humira market after receiving FDA approval for arthritis injection

25.02.24|Meir Orbach
The Israeli pharma company and Iceland’s Alvotech announced that the SIMLANDI injection has been approved as an interchangeable biosimilar to Humira for the treatment of adult rheumatoid arthritis, juvenile idiopathic arthritis, adult psoriatic arthritis, adult ankylosing spondylitis, Crohn’s disease, adult ulcerative colitis, adult plaque psoriasis, adult hidradenitis suppurativa and adult uveitis
ברק עילם מנכ"ל נייס

"AI has become an overarching catalyst unlocking multiple vectors of growth," says NICE CEO after company beats forecasts

22.02.24|Meir Orbach
In the fourth quarter, the Israeli software company recorded 10% growth in revenue to $623 million, along with a profit of $2.36 per share, above market expectations. The cloud activity generated revenues of $429 million
Faddom

Faddom raises $8 million Series A for IT operations platform

21.02.24|Meir Orbach
The Israeli startup’s platform discovers, visualizes, and protects a company’s entire hybrid IT infrastructure – whether on-premise, virtual, in the cloud, or a hybrid combination of them – in as little as 60 minutes
עובדי LOORA

Loora lands $12 million Series A for generative AI English learning platform

21.02.24|Meir Orbach
The Israeli startup provides English language learners with an app-based platform that harnesses AI specifically built, trained, and optimized for gaining practical fluency through personalized learning
צוות BRIA AI

BRIA raises $24 million Series A for ‘ethical’ visual generative AI platform

21.02.24|Meir Orbach
The Israeli startup collaborates with many of the world’s leading stock image providers and manages over one billion licensed images. These images are used to train BRIA’s text-to-image foundation models while ensuring the original creators, artists, and media companies receive royalties to fairly compensate for their images’ contribution to the final generated output
מייסדי וסטו יניב ברטלה ו אלון ליפשיץ

Court overturns Vesttoo's seizure request against founders and execs

20.02.24|Meir Orbach
District Court in Tel Aviv rules in favor of co-founders Yaniv Bertele and Alon Lifshitz, dismissing seizure bid
Udi Ziv Kissterra

Personetics names Udi Ziv as new CEO

20.02.24|Meir Orbach
Ziv, former CEO of Kissterra, Earnix and Pontis, is taking over from co-founder David Sosna
מייסדי Clarity/ גיל אבריאל (CSO & COO), נטלי פרידמן (CTO) ומיכאל מטיאס (מנכ"ל)

Clarity raises $16 million in Seed funding to defend against deepfakes

15.02.24|Meir Orbach
The Israeli AI startup enables organizations to rapidly identify and eliminate deepfakes and synthetic media created by generative AI
Armis founders

Armis acquires cyber startup CTCI for $20 million

14.02.24|Meir Orbach
CTCI (Cyber Threat Cognitive Intelligence) is a privately held company specializing in AI-powered pre-attack threat hunting technology
כנס WorkTech רוני זהבי מייסד משותף ומנכ"ל HiBob

HR unicorn HiBob acquiring British payroll platform Pento for $40 million

13.02.24|Meir Orbach
Pento focuses on real-time payroll systems and boasts a client base of over 400 businesses. HiBob raised $150 million last October at a $2.7 billion valuation
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