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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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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
ServiceNow lays off more employees as its shares fall 35% in under two weeks
4
Qualcomm's restructuring costs surge to $332 million amid workforce overhaul
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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
Bridgewise nets $21 million Series A for AI-based analysis platform for global securities
16.04.24
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Meir Orbach
The startup’s platform provides a suite of products that include detailed AI generated reports and on-demand analysis of any financial instrument or security
Cyber on fire: Cybersecurity sector is breaking away from high-tech industry
14.04.24
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Meir Orbach
An arms race between the cyber giants, along with the disruption created by AI, is raising company valuations, resulting in improved exits and funding rounds
Noname Security closing on $500 million acquisition by Akamai
13.04.24
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Meir Orbach
The Israeli cyber startup was valued at $1 billion in its last fundraising round, raising $135 million in a Series C in December 2021
Retail tech startup Fabric firing 15% of workforce in second round of layoffs
11.04.24
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Meir Orbach
After cutting 150 jobs in July 2022, the Israeli company is planning to lay off another 30 employees
Datafy raises $6 million Seed round led by Insight Partners to optimize cloud storage
10.04.24
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Meir Orbach
The Israeli startup says it offers up to 50% savings on storage costs and provides a self-optimizing, developer-independent solution
Wiz completes $350 million acquisition of Gem Security to expand CDR offering
10.04.24
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Meir Orbach
The decacorn is acquiring its fellow Israeli company which has developed a Cloud Detection and Response platform and raised $34 million since its founding in 2022
Guesty raises $130 million at $900 million valuation, eyeing IPO in 2025
10.04.24
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Meir Orbach
Operating in over 80 countries, Guesty’s platform provides both enterprise and SMB property managers as well as individual hosts with tools to manage the entire rental journey
Samsung Next shutting down Israel operations
09.04.24
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Meir Orbach
The innovation arm of technology giant Samsung has invested in 70 Israeli companies to date. “Although our physical presence in Israel will cease, we remain committed to investing in the region and encouraging referrals from builders and founders,” Samsung Next’s Tel Aviv office wrote in an email
Israel’s newest cyber unicorn: Cyera raises $300M, almost tripling valuation to $1.4B in less than 10 months
09.04.24
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Meir Orbach
The company has registered rapid growth since raising $100 million at a $500 million valuation last June
Tiger Global and Viola sell $200-300M worth of Redis shares at over $2B valuation
04.04.24
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Meir Orbach
The shares were sold in a secondary transaction to Generation Investment Management and a number of existing investors
AI chip unicorn Hailo raises another $120 million to bring GenAI to edge devices
02.04.24
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Meir Orbach
The Israeli startup, which took its total funding to $340 million, also announced the Hailo-10, its newest AI accelerator specifically designed to process LLMs at low power consumption for the personal computer and automotive industries
Cyber startup Identiq to lay off almost half of its workforce
01.04.24
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Meir Orbach
The Israeli company, which raised a $47 million Series A three years ago, is cutting around 20 of 45 jobs
Tech entrepreneurs Liron and Naomi Petrushka die in California plane crash
31.03.24
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Meir Orbach
The Petrushkas, well-known entrepreneurs and investors, had been living in California in recent years and invested in, among others, Check, Next Insurance and VC firm UpWest.
After fleeing Iran and an illustrious career in Israeli intelligence, Sanaz Yashar raises $30M for cyber startup
28.03.24
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Meir Orbach
Zafran, founded in 2022 by Yashar (CEO), Ben Seri (CTO) and Snir Havdala (CPO), develops a risk and mitigation platform to pinpoint the ‘exploitable’ threats in the organization and to mitigate their risk by mobilizing existing security controls
Cyber startup Coro nets $100 million Series D to make enterprise-grade security accessible to all
28.03.24
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Meir Orbach
The Israeli startup, which took its total funding in the past 24 months to $255 million, offers an enterprise-grade security software platform to SMEs covering endpoint protection, email and user protection and network and cloud protection
Nominal raises $9.2 million in Seed funding to modernize enterprise planning with GenAI
28.03.24
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Meir Orbach
Nominal’s platform uses generative AI and cloud technology to bridge the gap between legacy ERP (enterprise resource planning) systems and standard spreadsheets for accounting and financial management in mid-market businesses
Fabric appoints Curt Avallone as co-CEO to accelerate global growth
25.03.24
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Meir Orbach
Avallone will serve alongside Avi (Jack) Jacoby, who took over the CEO role in 2022
FundGuard secures $100 million Series C for AI-powered investment platform
25.03.24
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Meir Orbach
The Israeli startup’s platform helps asset managers and their service providers to manage mutual funds, ETFs, hedge funds, insurance products, and pension funds, supporting digital transformation, operations automation, AI-based insights, resiliency, and migration to the cloud
Simply co-founder and CTO Roey Izkovsky passes unexpectedly at 44
25.03.24
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Meir Orbach
Izkovsky founded Simply (formerly JoyTunes) in 2011 with brothers Yigal Kaminka and Yuval Kaminka, the latter of whom serves as the company’s CEO and with whom Izkovsky served in unit 8200
Cybereason crisis continues with dozens of jobs to be cut in third round of layoffs
20.03.24
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Meir Orbach
After being on the verge of an IPO in 2021, Cybereason has since seen its CEO resign, hundreds of employees get laid off, all while experiencing a 90% drop in value from $3 billion to $300 million
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