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ServiceNow lays off more employees as its shares fall 35% in under two weeks
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Palo Alto Networks in talks to acquire Israeli startup Clutch Security for $500 million
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Google expands buyouts while Wiz acquisition helps lift headcount to record levels
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ServiceNow's board approves $127 million in retention awards as it cuts jobs
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Qualcomm's restructuring costs surge to $332 million amid workforce overhaul
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Meir Orbach

20 stories about Meir Orbach
מרסיו למפרט שותף ב SYN Ventures

SYN Ventures raises new $75 million fund to double down on Israeli cyber

30.10.23|Meir Orbach
“In all our conversations with both existing and new investors, we have made it clear that a substantial portion of the new fund will be invested in Israel. No one has indicated any intention of withdrawing or giving up on their investments,” said Marcio Lempert, SYN Ventures’ Israeli partner
דייב דה וולט מייסד קרן NightDragon

DeWalt on defense: "The war is an opportunity to invest in Israel"

29.10.23|Meir Orbach
The founder of the NightDragon investment fund, who is considered one of the top cyber people in the U.S., expresses his support for Israel after the terrorist attack of October 7 and even wants to visit soon: "I stand by Israel 100 percent." He believes the security failure was not the fault of the intelligence and says he will expand his investment in Israel
פט גלסינגר מנכ"ל אינטל ה עולמית

Intel will provide employees in Israel with up to $3,000 for personal expenses related to the war

27.10.23|Meir Orbach
“We’re highly confident in the capabilities of our Intel Israel team to continue to perform despite the atrocities”, said Pat Gelsinger, Intel CEO
מוסף שבועי 26.10.23 יזהר שי שר המדע לשעבר בנו ירון שי נפל ב קרב על כרם שלום במלחמת חרבות הברזל

Rise up nation: Bereaved father calls for 1,400 new startups in memory of Israelis murdered by Hamas

26.10.23|Diana Bahur-Nir, Meir Orbach
On October 7th, Izhar Shay lost his son Yaron, a Nahal Brigade fighter who was killed in the Battle of Kerem Shalom. In a heart-wrenching interview, the former MK and veteran high-tech entrepreneur provides a sobering view of his family and a look into his initiative to establish a new startup for every fallen soldier and murdered civilian
Dror Bin IIA

Finance Ministry increases budget for Israel Innovation Authority Fast Track channel by 300 million NIS

25.10.23|Meir Orbach
The ministry had already pledged 100 million NIS to the channel aimed to support Israel’s high-tech sector, struggling amid Israel’s war against Hamas
וסטו Vesttoo

Creditors demand to liquidate Vesttoo and halt any attempt to reorganize the company

24.10.23|Meir Orbach
“Vesttoo – viewed as the Madoff of insurance – never operated as a business or as a going concern without revenue from the fraud,” read a statement by the Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case
חברת איילנד המנכ"ל דן אמיגה ו מייסד שותף מייק פי island

Cyber startup Island takes valuation to $1.5 billion, funding to over $325 million, with $100M Series C

24.10.23|Meir Orbach
The company, which develops a secure enterprise browser, has sold over 2 million browsers to customers
פאדי קוסגרייב פאדי קוסגרוב

Web Summit CEO resigns following backlash over Israel war crimes accusations

21.10.23|Meir Orbach
Paddy Cosgrave had stated among other things that “War crimes are war crimes even when committed by allies, and should be called out for what they are.” Despite ultimately apologizing, Alphabet, Meta, and Intel, as well as a long list of additional companies, all pulled out from the conference in protest of the CEO’s remarks
פאדי קוסגרייב פאדי קוסגרוב

Intel pulls out of Web Summit after founder accused Israel of war crimes

19.10.23|Meir Orbach
Intel and Siemens have both announced they will not take part in the event due to Paddy Cosgrave’s remarks about Israel violating international law and committing war crimes in its war against Hamas
מימין יזהר שי ובנו ירון אורי שי ז"ל

"For every fallen soldier, for every murdered civilian, let’s put together a new innovative startup," says entrepreneur Izhar Shay, whose son was killed by Hamas

19.10.23|Meir Orbach
“Let’s put together a moral response to this evil attack on humanity by putting the foundations for thousands of new innovative businesses that will make this world better in so many ways,” said Shay
דרור בין מנכל רשות החדשנות

Israel Innovation Authority launching $25 million grant fund to support 100 startups

19.10.23|Meir Orbach
The program is aimed at Israeli startups with a limited future capital runway who are facing difficulties in raising the necessary capital
מימין תמונת לחימה מעזה אדם סינגולדה

Israeli high-tech leaders boycott Web Summit over organizer's critique of Israel's actions

16.10.23|Meir Orbach
Prominent Israeli entrepreneurs reacted strongly to Paddy Cosgrave's statements regarding Israel's conduct during the recent conflict with Hamas
איסוף תרומות ו ציוד ל תושבי עוטף עזה ב תל אביב

Global tech giants stand with Israel: Companies and funds offer support and donations

10.10.23|Omer Kabir, Meir Orbach, Lital Samet
Foreign tech giants and venture capital funds have expressed solidarity with Israel following murderous Hamas attack
מייסדי Lendbuzz לנדבאזז אמיתי קלמר ו ד"ר דן רביב

Auto finance platform Lendbuzz lands $345 million at $1.1 billion valuation, including $300 million in credit

04.10.23|Meir Orbach
According to the company, across ten consecutive profitable quarters, Lendbuzz’s revenue increased 135% in 2022, and over 80% in the first half of 2023, exceeding $200 million of annual revenue run-rate
מימין מיכאל דולינסקי אריק גומנובסקי שי מורג ו סיון קריגסמן מייסדי Ermetic

Ermetic CEO: "Two years ago I would have said that I wanted to build a giant company, but the market has changed"

04.10.23|Meir Orbach
Shai Morag discusses the thinking behind Ermetic's sale to Tenable, which officially announced the completion of its acquisition of the Israeli cybersecurity company for approximately $240 million in cash and an additional $25 million in restricted stock and RSUs
מגדל עזריאלי שרונה תל אביב

Investments in Israeli startups fall for a seventh straight quarter

01.10.23|Meir Orbach
Tech funding dropped by 63% over the first three quarters of 2023 compared to the first nine months of the previous year
ד״ר צחון בנטואיץ׳ מייסד משותף של קיוריס Quris AI

Pharma giant Merck expands collaboration with Quris-AI

28.09.23|Meir Orbach
This follows the successful initial collaboration, a preclinical study to assess Quris-AI’s ability to predict drug toxicity in comparison to traditional in vitro and in vivo approaches
צוות עובדי Gem Security ג'ם סיטי

Gem Security raises $23 million Series A to stop cloud-native threats

27.09.23|Meir Orbach
The Israeli startup has developed a purpose-built Cloud Detection and Response platform that shortens the time to detect, investigate and contain cloud-native threats
מחשבי חלל רמון ספייס

“It will take some time, but I have no doubt that there will be Israeli space unicorns”

27.09.23|Meir Orbach
While the space sector presents numerous challenges and requires substantial investments, it also offers boundless opportunities for innovation and technological advancement. Israeli entrepreneurs, engineers, and investors are increasingly recognizing the potential
עינת גז מנכ"לית פאפאיה גלובל פאפיה גלובל

Israeli entrepreneur Eynat Guez to speak at World Fintech Show in Saudi Arabia

26.09.23|Meir Orbach
The Co-Founder and CEO of Israeli unicorn Papaya Global is the first Israeli woman entrepreneur to be invited to speak at a tech event in the Kingdom
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