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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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ServiceNow's board approves $127 million in retention awards as it cuts jobs
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Google expands buyouts while Wiz acquisition helps lift headcount to record levels
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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
מימין דובי פרנסס ו עינת גז

Papaya Global CEO Eynat Guez issues defamation warning to investor Dovi Frances

31.07.23|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
יניב ברטלה וסטו

Vesttoo vehemently denies Morningstar's figures

29.07.23|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"
מוסף עצמאות 14.4.21 תום ליבנה מייסד Verbit

Unicorn Verbit cutting 60 jobs in second round of layoffs

26.07.23|Meir Orbach
Verbit underwent an organizational change last July that saw it reduce the company’s workforce by 10%
מימין עידן ניניו אייל ממו מייסדי ביוניק bionic

CrowdStrike in negotiations to acquire cyber startup Bionic for $200-300 million

26.07.23|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
מיסדי קורו, מימין: דרור ליבר, גיא מושקוביץ, כרמל דומשלק ודורון מילכטייך

Coro acquires network security startup Privatise

26.07.23|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
אלי בן-נון ושי גבאי, מייסדי TRUSTMI

Trustmi raises $17 million for end-to-end payments security platform

26.07.23|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
צוות אקודה

Akooda raises $11 million for platform that helps companies make faster decisions

25.07.23|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
צוות אדפטיב שילד

Blackstone investing $10 million in cybersecurity startup Adaptive Shield

25.07.23|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 co-founders

Vesttoo scandal aftershocks still rocking insurance sector

25.07.23|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 team

Brevel completes $18.5 million Seed round to develop alternative protein from microalgae

25.07.23|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
אריק שטילמן

FairFly rebrands as Oversee, adds Rapyd CEO Shtilman to board

25.07.23|Meir Orbach
The company said that after signing a strategic cooperation deal last year with global travel company BCD Travel, estimated at $10-15 million per year, it also tripled its number of customers
פאם מרפי מנכ"לית חברת הסייבר הישראלית אימפרבה

Thales acquiring cybersecurity company Imperva for $3.6 billion

25.07.23|Meir Orbach
The French giant is purchasing the Israeli-founded company from private equity firm Thoma Bravo, which paid $2.1 billion for Imperva five years ago
AB IN BEV

AB InBev laying off over a third of workforce in Israel

24.07.23|Meir Orbach
The global beverage conglomerate is set to part ways with around 40 employees in total, saying that it has decided to centralize “B2B technology support structure”
Spiritt co-founders

Spiritt takes Seed funding to $13.5 million for AI platform that builds apps through verbal descriptions

20.07.23|Meir Orbach
The Israeli startup's platform allows individuals with no programming knowledge or access to programmers to independently develop end-to-end complex applications by verbally describing their ideas to the computer
רותם מתוק, ינון דולב ודיאא שרידי, סומפו

Japanese insurance giant Sompo expands footprint in Israel with cybersecurity center and software development group

20.07.23|Meir Orbach
The aim of the cybersecurity center is development of the ability to assist Sompo to secure its products against cyber threats and provide solutions to the various units of the company
גיל הורסקי ואסתר ברק לנדס, מייסדי פלורה ונצ'רס

FLORA Ventures raises $50 million to invest in sustainable agrifood tech

19.07.23|Meir Orbach
Gil Horsky and Esther Barak-Landes completed the initial raise with strategic partners including Haifa Group, Harel Group, and Sadot Kibbutzim, a co-op bringing together more than 185 Kibbutzim
מייסדי וסטו

Vesttoo’s top legal and financial executives leave the company amid alleged fraud scandal

19.07.23|Meir Orbach
The Chief Financial Officer, Chief Commercial Officer, Interim Chief Legal Officer, and Deputy Chief Legal Officer have all departed the startup embroiled in a fraudulent collateral crisis
ד"ר שלומית ווגמן-רטנר סמנכ"לית רגולציה בחברת ראפיד Rapyd

Rapyd appoints financial crime expert Dr. Shlomit Wagman as Global Chief Regulation and Compliance Officer

19.07.23|Meir Orbach
“Dr. Wagman's appointment underlines Rapyd’s commitment to maintaining the highest levels of integrity and regulatory adherence in the industry, and her appointment is another major step for Rapyd as the company makes strides towards a future IPO,” said Co-Founder and CEO Arik Shtilman
שירותי ענן

GigaSpaces to hand out almost $14 million in dividends following Cloudify’s acquisition by Dell

19.07.23|Meir Orbach
Cloudify, which develops cloud orchestration solutions, spun off from GigaSpaces to become an independent company in 2017
Vesttoo co-founders

Vesttoo investigation reveals $4 billion fraud involving fake letters of credit

19.07.23|Meir Orbach, Tomer Ganon, Almog Azar
Most of the allegedly forged letters were from a leading Chinese bank, which appears to have been unaware of the situation
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