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24/7
Headlines
00:20
ServiceNow's board approves $127 million in retention awards as it cuts jobs
00:12
ServiceNow lays off more employees as its shares fall 35% in under two weeks
21:27
Priority acquires AI-powered CRM company Fireberry in deal valued at over $30 million
17:26
Lemonade's revenue jumps 73%, but losses remain stubbornly high
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1
Palo Alto Networks in talks to acquire Israeli startup Clutch Security for $500 million
2
Google expands buyouts while Wiz acquisition helps lift headcount to record levels
3
Palo Alto Networks in talks to acquire two-year-old Israeli cyber startup Beacon
4
Anthropic’s employee bill hit $1.7 billion in one quarter, or $107,000 per worker each month
5
Intel CEO Lip-Bu Tan buys the dip, investing $9.7 million despite losses on earlier purchase
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Meir Orbach
20 stories about Meir Orbach
Healthcare fintech PayZen raises $32M Series B and $200M in debt
13.08.24
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Meir Orbach
The Israeli startup has developed a fintech platform that allows hospitals to receive payment in advance for medical treatment invoices, thereby enabling patients to benefit from interest-free payment plans.
High-tech's growing influence: 36% of Israel’s income tax comes from tech workers
13.08.24
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Meir Orbach
Over a period of six years, nearly 100 billion shekels were collected from the income tax payments of high-tech employees.
Wiz secures multi-million SoftBank investment to expand in Asian cloud market
07.08.24
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Meir Orbach
The Israeli cyber company, which recently rejected a $23 billion offer from Google, plans to double its workforce in Asia by the end of the year after recently recruiting dozens of employees in Japan, Singapore, Australia, and New Zealand, and establishing a new data center in Sydney.
Japanese investments in Israeli tech fall by a third amid war
06.08.24
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Meir Orbach
Of the $317 million invested by Japanese firms in Israel in the first half of 2024, $263 million were follow-on investments.
NFX promotes Sarai Bronfeld to Partner
31.07.24
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Meir Orbach
Bronfeld was promoted after three years at the fund, during which she served as a Principal
SeedIL raises $18 million for new early-stage fund
30.07.24
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Meir Orbach
Founded by entrepreneurs Cynthia Phitoussi and Audrey Chocron, SeedIL has achieved four exits to date from its first fund, including BreezoMeter, which was acquired by Google for over $200 million.
Clutch Security raises $8.5M in Seed funding to secure and manage Non-Human Identities
30.07.24
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Meir Orbach
The Israeli startup aims to deliver end-to-end NHI security and proactively bridge NHI security gaps across the entire organizational landscape, without affecting business velocity.
Faye raises $31 million Series B for fintech platform for travelers
30.07.24
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Meir Orbach
Since launching its app to American travelers in 2022, Faye has continued to expand its offering, which currently includes travel insurance, 24/7 assistance, real-time trip monitoring and alerts, and more.
Scopio Labs secures $42 million Series D for AI-based blood cell analysis
25.07.24
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Meir Orbach
The Israeli startup's platform uses computational photography to provide digital imaging of thousands of cells, giving lab practitioners a full-field view of all regions of clinical interest on the sample at the highest resolution, supplanting the need for manual microscopy.
Who will fill Nadav Zafrir's big shoes at Team8?
25.07.24
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Meir Orbach
“We built a machine that builds companies. With us, it is one partnership that manages the whole machine, and it has become bigger than all of us,” said Team8 executive chairman Yuval Shachar following Zafrir’s departure for the role of CEO at Check Point.
Dazz raises $50 million to accelerate AI-powered cloud security remediation
24.07.24
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Meir Orbach
The company’s unified remediation platform provides visibility across all detection tools and environments, including code, clouds, applications, and infrastructure.
Wiz-Google deal collapse will only benefit Israel’s cyber industry
24.07.24
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Meir Orbach
By canceling the deal, Wiz’s founders have paved the way for other Israeli entrepreneurs to feel confident in their path.
Applied Systems acquires insurtech startup Planck in $300 million deal
23.07.24
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Meir Orbach
The Israeli company will form the base for the insurance software giant’s AI Development Center in Israel.
Magenta Medical nets $105M to secure FDA approval for world's smallest heart pump
23.07.24
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Meir Orbach
The financing will be used to advance the company’s U.S. clinical programs in multiple mechanical circulatory support (MCS) indications and to secure the first FDA approval for the Elevate System in patients undergoing high-risk percutaneous coronary interventions (HR-PCI).
Dell Technologies Capital announces appointment of Barrel Kfir as a Partner
23.07.24
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Meir Orbach
Prior to joining DTC, Barrel was a Principal at Vintage, where he led primary and secondary investments in VC funds and growth-stage startups across the U.S., Europe, and Israel.
The $23 billion gamble: Wiz's bold move to stay independent
23.07.24
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Meir Orbach
CEO Assaf Rappaport and the other founders did not want to sell Wiz to Google. Reluctantly, they had to participate in the negotiations and show full commitment to the company's investors. However, as the moment of truth approached, they made an unexpected decision: to give up $23 billion in favor of the more challenging option of developing the company in preparation for a giant IPO.
Identity security startup Linx nets $27M Series A from Index, Cyberstarts, and Wiz founders
22.07.24
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Meir Orbach
The Israeli startup's technology maps and monitors the relationships between users, their identities, and the access and permissions they have to company data and resources, and uses advanced analytics and automation to enable organizations to shrink their attack surface.
Hezbollah wreaks havoc on northern Israel’s foodtech dream
22.07.24
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Meir Orbach
Dozens of startups in the fields of food and agriculture that operated in Kiryat Shmona and its surroundings migrated south when the fighting began. Despite the jump in costs and only partial government support, entrepreneurs remain hopeful and continue to promote their activities. However, without a change in policy, it is difficult to see how the vision of blossoming the north through high-tech will be realized even after the war ends.
Amdocs set to cut 1,500-3,000 jobs in new round of layoffs
18.07.24
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Meir Orbach
The software giant is expected to lay off between 5%-10% of its global workforce
Tricentis acquiring SeaLights in $150 million deal to expand test automation platform
17.07.24
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Meir Orbach
The American company also purchased Israeli startup Testim for $200 million in 2022
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