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Cyber unicorn Axonius acquires Cynerio in $180M deal to expand into healthcare security
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The $250+ million ARR club: Israel’s most lucrative tech startups
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Nvidia doubles down on Israel with multi-billion dollar mega campus
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Nice acquires Cognigy for $955M in push to lead agentic AI revolution
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Is Palo Alto Networks eyeing a SentinelOne takeover?
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Sophie Shulman

20 stories about Sophie Shulman
אמנון שעשוע מ מייסדי מובילאיי ו

OrCam cuts almost half of workforce in second round of layoffs in four months

03.06.24|Sophie Shulman
Amnon Shashua’s startup is laying off 100 employees, primarily in marketing and sales, four months after cutting 50 jobs  
מימין נועם ארקינד ו קובי מרנקו מייסדי ארבה

After falling 86% from its peak, Arbe is coming to Tel Aviv in search of fresh funding

03.06.24|Sophie Shulman
The chip developer for the autonomous vehicle industry was listed on Nasdaq three years ago at a valuation of half a billion dollars. Since then, it has burned through $100 million and emptied its coffers. The solution? Raising debt in Tel Aviv.
חיילים חיילי מילואים בגולן

Tech leaders to Netanyahu: Recruitment inequality could spark mass job migration

30.05.24|Sophie Shulman
"A law that exempts ultra-Orthodox from enlistment and burdens reserve soldiers with dozens of days a year will cause serious damage to human capital in high-tech and harm the economy's growth, which high-tech drives," the letter reads
תערוכת ויוה טק פריז

VivaTech exhibition shows that the threat to Israeli tech will not come from France

27.05.24|Sophie Shulman, Irit Avisar
Israel’s Business Delegation led by Calcalist and Bank Hapoalim toured the high-tech exhibition VivaTech in Paris, which is seeking to overtake Berlin as Europe’s main tech center. Much emphasis was placed on sustainability and fashion, artificial intelligence, but very little cyber - a relief for Israeli tech 
מייסדי Orca AI ירדן גרוס ו דור רביב

Orca AI raises $23 million for autonomous shipping platform

27.05.24|Sophie Shulman
The Israeli startup's system, already installed on ships operated by major companies including MSC and Maersk, reduces the number of marine accidents, optimizes sailing, and thus reduces fuel consumption and air pollution
כנס פריז - שולחן מיקרוסופט

"The main question for every startup is does it know how to leverage AI technology"

27.05.24|Sophie Shulman
At a round table on the AI ​​revolution, held as part of the business delegation to Paris, Erez Shachar, Managing Partner at Qumra Capital, estimated: "The medical field will be the fastest beneficiary of the adoption of AI capabilities." Israel Country General Manager at Microsoft, Alon Haimovich: "Through AI we enable each person to achieve more, and today we do this with the help of CoPilot, which is already implemented in almost all Microsoft technology" 
כנס פריז ראובן קרופיק יו"ר בנק הפועלים

Bank Hapoalim Chairman: "Israel stands at a crossroads"

26.05.24|Sophie Shulman
"Those who look at the short term may think that this is an existential crossroads," Bank Hapoalim Chairman Reuven Krupik said in Paris as part of Israel’s Business Delegation led by Calcalist and Bank Hapoalim, "but those who examine the events from a long-term historical perspective know that we have already faced challenges in the past."
פנים בינה מלאכותית

Israel’s AI hopes high, but investment and talent shortages persist

21.05.24|Sophie Shulman
In 2023, half of the investments in startups, both in terms of capital and the number of rounds, were in AI companies, with investments in generative AI startups jumping by 85% between 2020 and 2023. However, this seemingly positive trend is overshadowed when compared globally. Between 2020 and 2023, the volume of investments in AI in the U.S. increased tenfold, and in Europe, it quadrupled
סייברארק קונה את Venafi

CyberArk makes bold move with $1.54 billion acquisition of Venafi

20.05.24|Sophie Shulman
The Israeli company is purchasing the machine identity management company from Thoma Bravo as it looks to combine Venafi’s expertise with its identity security capabilities 
מטה וויקס Wix תל אביב

Wix increases profit, upgrades forecast for 2024

20.05.24|Sophie Shulman
Wix's revenues in the first quarter amounted to $419.8 million, while GAAP net income reached $24 million
ברק עילם מנכ"ל נייס

Why did NICE shares drop 13% after the CEO announced his retirement?

19.05.24|Sophie Shulman
The main concern of NICE investors is that Eilam is retiring at its peak. GenAI is expected to have critical consequences specifically for the world of marketing, sales, and customer relationship management, presenting a formidable challenge for the next CEO 
ברק עילם מנכ"ל נייס

NICE CEO Barak Eilam to step down after 10 years

16.05.24|Sophie Shulman
Eilam will remain in his position as CEO until the end of the year and will actively participate in the search for his replacement
הארי נליס שותף בקרן אקסל

Accel raises new $650 million fund to invest in Israeli and European startups

14.05.24|Sophie Shulman
The VC giant has invested to date in over 30 Israeli startups, including Melio, Snyk, and Fiverr in the past, and Cyera and Oasis since the start of the war 
Trullion 2023

How Trullion is transforming the accounting industry one innovation at a time

13.05.24|Sophie Shulman
From Enron's collapse to Trullion's rise: Isaac Heller's journey to try and reshape financial reporting
מוסף עצמאות 13.5.24 אלעד שפר ו דניאל גרין Faye

"For Americans, Faye has become part of their passport"

13.05.24|Sophie Shulman
Insurtech company Faye is disrupting the American travel insurance world, which has only begun to wake up in recent years. Founders Elad Schaffer and Daniel Green say that comparisons to other insurtech companies like Lemonade are inaccurate: "We have an opportunity to innovate in a market that hasn't seen innovation in years” 
Top 50 2024 logo

The 50 most promising Israeli startups - 2024

13.05.24|Meir Orbach, Sophie Shulman
Economic slowdown, judicial overhaul, fleeing investors, October 7, and a war. By any measure, the past year was the most difficult in the history of local high-tech, making this year's 50 most promising startups the epitome of excellence.
מוסף שבועי 21.3.19 ד.נ.א גיל שוויד

Check Point CEO Gil Shwed nets $50 million profit in sale of $200M-worth of options

12.05.24|Sophie Shulman
Shwed remains the largest shareholder in the company, owning 29.7 million shares as of the end of December 2023, representing a 25.3% stake in Check Point 
ריצ'רד פרנסיס מנכ"ל טבע

Teva shares continue to surge, climb to highest mark in more than five years on Q1 results

08.05.24|Sophie Shulman
AUSTEDO continues to be Teva's main growth engine and its flagship drug, with annual growth of 67% in sales
גדי מזור מנכ"ל BioCatch

Permira acquiring control of BioCatch at $1.3 billion valuation

02.05.24|Sophie Shulman
The Israeli startup, which developed a system for fraud detection and financial crime prevention powered by behavioral biometric intelligence, finished 2023 with 49% ARR growth, whilst also surpassing the $100 million ARR milestone and attaining EBITDA profitability
מייסדי אואזיס סקיוריטי דני בריקמן, מנכ"ל ו עמית צימרמן, סמנכ"ל המוצר Oasis Security

Cyber startup Oasis secures $35 million Series A extension, doubles valuation

01.05.24|Sophie Shulman
The Israeli startup’s solution aims to tackle the exponential growth of Non-Human Identities which malicious attackers are exploiting with increased efficacy
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