Promising Startups 2022
Unicorn employees paying the price for exaggerated expansion
Pagaya goes from highest-valued Israeli company to danger of delisting
Poalim Hi-Tech CEO: "We are entering a much more challenging period in high-tech"
"Last year the industry had a big party - now there is a hangover and bills need to be paid"
Techstars CEO: "2023 will be a graveyard for startups"
Raaz Herzberg appointed VP of Product Strategy at Wiz
Fintech unicorn Rapyd set to lay off dozens of employees
Salesforce Ventures: "Firing people is very emotionally difficult, but a good CEO needs to do what's right for the next 10 years"
Palo Alto Networks acquiring Cider Security for $300 million
20 stories about Wiz
Raaz Herzberg appointed VP of Product Strategy at Wiz
In her new role, Herzberg will continue to lead the various product aspects, as well as Wiz's marketing and positioning team in the cloud security market
Demand for Israeli unicorn shares plummeted in 2022
EquityBee's unicorn stock ranking revealed that most of the recent stars have disappeared from the list which ranks shares sought by investors who trade in private companies, with only four Israeli unicorns making the list: Houzz, Wiz, Gong and TripActions.
LinkedIn reveals its top 15 emerging Israeli startups for 2022
Walnut, Wiz, and Artlist claimed the first three spots in the list compiled according to employee growth; jobseeker interest; member engagement within the company and its employees; and how well startups pulled talent from LinkedIn’s flagship top companies list
“The cyber market isn’t recession proof but it is certainly more resilient”
Assaf Rappaport, Co-Founder & CEO of Wiz, was speaking during a joint panel with Adam Singolda, Founder & CEO of Taboola, held at Mind the Tech NY
Wiz sets sights on $1 billion in revenue after quickly reaching $100 million
The Israeli cybersecurity startup reached $100 million in annual recurring revenue (ARR) just 18 months after hitting $1 million
Assaf Rappaport: "Anyone who thinks that salaries in high-tech will fall is wrong"
The CEO of cybersecurity company Wiz, which is valued at an estimated $6 billion, manages to remain optimistic even in light of the crisis plaguing high-tech. "There will be no drop in demand for workers and there will be no pay cuts," he estimates. "Israeli high-tech will not disappear because the talent here is among the best in the world"
The year Israeli cyber-wars leveled up
The inflation in Israeli cybersecurity companies with similar products created fierce competition between the industry’s top names
Insight Partners’ recipe for building a unicorn
The venture capital firm has invested $3 billion in Israel, including in Wiz, SentinelOne, and monday.com. Lonne Jaffe, a managing director in the fund: we are willing to roll up our sleeves
Sequoia remains ‘closely tied and integrated into the Israeli ecosystem’, says partner Carl Eschenbach
Diana Bahur Nir and Meir Orbach
The partner at the massive U.S. venture capital firm, who serves on the boards of Israeli companies of the likes of Gong, Armis, and Salt Security, will be speaking at next month’s Mind The Tech New York conference
Wiz co-founder: “I’d invest in the Shekel. The Israeli economy is on a historical ascent”
Speaking at a Unit 8200 alumni conference, Yinon Costica called upon women to join the high-tech industry, stressing it is no longer the macho industry it used to be
Six reasons for Wiz’s $6 billion valuation
The cyber company’s high valuation may seem odd, but when realizing its investor, Insight Partners, looks at things in a whole different manner, it makes far more sense
Wiz hit $6 billion valuation on $25 million annual revenue
The Israeli cybersecurity startup saw its valuation more than triple over the past six months. "We will not sell the company. We will take it public. We have record-breaking results in every aspect," said CEO Assaf Rappaport
Wiz valuation rockets to $6 billion following $250 million round
The Israeli cybersecurity startup's latest round comes just six months after a $350 million funding round at a $1.7 billion valuation
Bernard Arnault, world's richest man, invests in cybersecurity startup Wiz
Arnault’s investment in the Israeli startup was joined by that of Howard Schultz, former CEO and Chairman of Starbucks, and helped take total funding in the company to $350 million in just one year
Wiz raises $120 million from Salesforce and Blackstone
The company’s valuation in the round is expected to be higher than $1.7 billion, at which it was valued in its previous funding round
Israeli startups Orca and Wiz reached unicorn status despite revenue of just a few million dollars
Orca raised $210 million in round C funding at a valuation of $1.2 billion just last month, but U.S. publication The Information has revealed that it only had annual recurring revenue of $4 million at the time. According to the report, Wiz’s latest funding round reflected a times 600 multiplier
Assaf Rappaport: "Israeli tech's glass ceiling is manpower, not money"
The CEO of cybersecurity company Wiz, who spoke at the ‘Tech on the Roof’ event hosted by Calcalist and Bank Hapoalim, also added: "The money is flowing into the country at a pace we can't sustain. That is why the first thing that we will see is an increase in salaries.”
“Israel’s tech sector beat Covid-19,” says Calcalist publisher
Despite the challenging year to the local and global economy, Israeli tech companies racked up incredible achievements, Yoel Esteron said at the ‘Tech on the Roof’ event hosted by Calcalist and Bank Hapoalim
7 lessons from reaching a $1.7 billion valuation in just one year
One year after its founding, cybersecurity startup Wiz turned into a unicorn faster than any other cyber company in the world. Assaf Rappaport, one of the company’s founders, offers seven lessons from the rollercoaster journey
A unicorn on steroids: Wiz raises $130 million series B to reach $1.7 billion valuation a year after its launch
The Israeli cyber company raised the new round just three months after its $100 million series A
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