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24/7
Headlines
09:15
Israel's quantum moment: Government action must be matched by global investment
08:14
The AI tools already inside your company that no one approved
14:11
When climate changes, Israeli entrepreneurship must change too
13:56
The Israeli startup testing the limits of OpenAI, Anthropic and Meta’s models
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1
Ohio office building bought for $17 million sells for just $2 million, deepening concerns over Israeli real estate investment firm Realco
2
Amdocs takes $106 million restructuring hit as AI overhaul gathers pace
3
The gap between Israeli and American founders isn't tech, it's the first line of the budget
4
Former Palantir and Torq veterans raise $8 million Seed to secure the rise of AI agents
5
25-year-old AI investor’s $16 billion bet hits a brutal reality check
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Meir Orbach
20 stories about Meir Orbach
Nexar cuts 14% of team in third round of layoffs
04.09.23
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Meir Orbach
The AI computer vision company laid off another 17 employees and has reduced its headcount by over 30% in the last 10 months
IVIX closes $12.5 million Series A led by Insight Partners to combat financial crimes
07.08.23
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Meir Orbach
The Israeli startup’s AI-powered technology helps tax authorities in the U.S., Europe and Asia identify large-scale tax evasion, money laundering and other financial crimes
Seasoned VCs Fiona Darmon and Merav Weinryb launching new fund focused on secondary opportunities
03.08.23
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Meir Orbach
Based on a recent SEC filing, Darmon and Weinryb intend to raise $100 million
Unicorn Augury cuts 18% of workforce in second round of layoffs
02.08.23
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Meir Orbach
The Israeli startup is laying off 70 employees after parting ways with 20 staff members at the start of the year
FBI investigating alleged fraud at Vesttoo
02.08.23
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Meir Orbach
Vesttoo announced on Tuesday that it is laying off around 150 employees, accounting for 75% of the company’s workforce
AWS launches cloud infrastructure in Israel
01.08.23
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Meir Orbach
Amazon's cloud company is expected to provide services to government bodies and public entities, with plans to invest an estimated $7.2 billion in Israel by 2037
Silk Security raises $12.5 million in Seed with backing from Shlomo Kramer and Mickey Boodaei
01.08.23
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Meir Orbach
The startup’s platform enables security and operations stakeholders to collaboratively align finding risk with fixing risk - enhancing enterprise security and compliance posture, and centralizing visibility into risk resolution status
Vesttoo laying off 75% of employees amid fraud scandal
01.08.23
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Meir Orbach
The Israeli startup is parting ways with around 150 employees. “The only way to give the company a fighting chance of survival and getting back to a path of sustainable growth is to keep on a small core of people that represent bare operational necessity,” wrote CEO Yaniv Bertele
Rapyd acquiring payment service PayU GPO for $610 million
01.08.23
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Meir Orbach
The Israeli fintech unicorn will finance the purchase through a capital raising of approximately $700 million, which Rapyd will soon complete at the same valuation as its previous funding round
Dynatrace acquiring Israeli startup Rookout for $50-60 million
31.07.23
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Meir Orbach
Most of Rookout's team, which includes 47 employees, will continue to operate in Israel as a Dynatrace center
Papaya Global CEO Eynat Guez issues defamation warning to investor Dovi Frances
31.07.23
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Meir Orbach
Guez is demanding a public apology and clarification from Frances for his claims that she endangered the company's funds by transferring them to the now-collapsed Silicon Valley Bank
Vesttoo vehemently denies Morningstar's figures
29.07.23
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Meir Orbach
The rating agency released a report on Thursday estimating that the the total size of outstanding transactions on Vesttoo is between $5-10 billion, which the Israeli company said “cannot possibly be realistic"
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
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