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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
Intel CEO Lip-Bu Tan buys the dip, investing $9.7 million despite losses on earlier purchase
5
Qualcomm's restructuring costs surge to $332 million amid workforce overhaul
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Meir Orbach
20 stories about Meir Orbach
Semperis enters unicorn club with $125 million round at over $1 billion valuation
20.06.24
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Meir Orbach
The cyber company also named a new CFO, CRO and CLO as it continues to gear up for a potential IPO
IntSights founders unveil new cloud cost optimization startup, raise $16 million in Seed funding
19.06.24
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Meir Orbach
Alon Arvatz, Gal Ben-David, and Amir Hozez’s new startup, PointFive, aims to uncover deep, infrastructure-level savings opportunities, enabling enterprise organizations to promote continuous cloud cost efficiency
Ground Up Ventures and Microsoft Israel R&D launch program for moonshot ideas
18.06.24
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Meir Orbach
The Liftoff program is designed to support 10 companies each year. It will focus on projects that solve significant and challenging problems such as energy supply, energy storage and smart grid, food security for a growing population, smart construction and sustainable construction, defense and the future battlefield, and infrastructure for a modern labor market
Chegg shutting down Israel operations, laying off entire workforce
18.06.24
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Meir Orbach
As part of a 23% cut in its global team, Chegg is closing its Israel office, resulting in the layoff of dozens of employees
Zencity secures $40 million Series C for community engagement platform for local governments
18.06.24
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Meir Orbach
The Israeli startup counts 8 of America’s 10 largest cities among its customers and plans to spend the new capital on advancing its artificial intelligence capabilities
Rapyd lays off dozens of employees, transferring positions from Israel to Eastern Europe, South America
18.06.24
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Meir Orbach
The fintech unicorn is cutting 30 positions in Israel and is moving them abroad due to the desire to cut costs
Entro Security raises $18 million Series A for non-human identity and secrets management platform
18.06.24
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Meir Orbach
The Israeli startup’s platform helps security teams to implement and automate strong governance for secrets and NHI management, with real-time detection and response
Finaloop raises $35 million Series A for e-commerce accounting platform
17.06.24
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Meir Orbach
The Israeli startup’s platform makes all financial data accessible to e-commerce stakeholders, from periodic accounting to real-time finance metrics
Aim Security closes $18 million Series A to secure GenAI enterprise adoption
17.06.24
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Meir Orbach
Less than five months after announcing its Seed round, the Israeli startup has landed additional funding for its security platform that governs and secures AI use across the modern business environment
Cyber wars: Wiz denies Orca’s patent claims, strikes back with counterclaims
06.06.24
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Meir Orbach
Patent dispute intensifies as Wiz rejects claims that it has infringed on any of Orca's patents, offering a counter-narrative highlighting its own technological advancements and market success
Tenable acquires Israeli cyber startup Eureka for tens of millions of dollars
06.06.24
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Meir Orbach
Eureka had several offers before closing a deal with the American cyber giant
Marketing analytics unicorn AppsFlyer eyeing Wall Street IPO
05.06.24
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Meir Orbach
The Israeli company is aiming to raise $300 million in the offering later this year or early next year, according to a report by Bloomberg
For Israeli economy, no substitute for high-tech dominance
04.06.24
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Meir Orbach
The high-tech sector's contribution rate to the country's GDP of 20% is significantly greater than that of the USA at 9% and Russia's dependence on gas and oil at 16%, according to a report by the Innovation Authority. However, the diversity of the working population in the high-tech sector remains low, with 65% being non-ultra-Orthodox Jewish men.
Tenable in advanced negotiations to acquire cyber startup Eureka
04.06.24
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Meir Orbach
The deal is valued at tens of millions of dollars, with the Israeli startup having several offers before ultimately moving forward with Tenable
Unicorn Trax founders to retire from daily operations, retain board positions
30.05.24
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Meir Orbach
“While this decision was not made lightly, we are thrilled to continue our journey with Trax as board members (in the same board capacity as today) while also focusing on innovative initiatives that have emerged amidst the current geopolitical challenges in Israel and our entrepreneurial passions,” wrote Joel Bar-El and Dror Feldheim, who founded the retail tech startup in 2010
Walnut cuts 20% of workforce in another round of layoffs
29.05.24
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Meir Orbach
The Israeli startup’s team has been reduced by around 50% since it started cutting jobs last year
After CTO was murdered by Hamas on October 7, cloud startup Firefly nets $23 million Series A
29.05.24
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Meir Orbach
Firefly co-founder Sefi Genis was murdered in the brutal attack by Hamas at the Nova party. “In the early days, we did not know if we would survive. It hurts every day, but we are not in mourning. We are building Sefi's legacy,” said CEO Ido Neeman
Bright Machines closing Israel R&D center
27.05.24
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Meir Orbach
The robotics company has gradually cut its team in Israel over recent years and is now shutting its center down completely
Wiz vs. Orca: Delaware court sets stage for high-stakes IP showdown
26.05.24
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Meir Orbach
The court rejected Wiz’s request to dismiss Orca’s lawsuit outright, setting a trial date for December 2025
Finout raises $26 million Series B to optimize cloud expenditure
23.05.24
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Meir Orbach
The Israeli startup’s FinOps platform is used by leading global brands, including Lyft, the New York Times, Choice Hotels, Wiz, Tenable, and Appsflyer, to optimize cloud expenditure and allocate costs across all cloud providers and services
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