Front > IT

IT

Wall Street  credit: Tamar Matsafi Actelis Networks' share price halves after Nasdaq IPO

Actelis Networks provides network solutions designed to make communications faster, safer and more efficient for IoT applications.

A.Team founders Kobi Mastri and Raphael Ouzan  credit: Kevin Deming Freelance developer network A.Team raises $55m

The company, founded in 2019, reports revenue already running at $42 million annually, and doubling every quarter.

monday.com Nasdaq IPO Photo: PR Investors unimpressed as monday.com Q1 beats analysts

The company's share price fell sharply in early trading, and is now 70% below its IPO price.

Optibus founders Eitan Yanovsky and Amos Haggiag  credit: Optibus Transport planning co Optibus raises $100m at $1.3b valuation

Co-founder and CEO Amos Haggiag: It wasn't easy to get the valuation we wanted.

Avishai Abrahami credit: Shlomi Yosef Wix's loss widens in first quarter

The company plans to reach free cash flow of 20% of revenue by 2025. CEO Avishai Abraham: We're concentrating on what we can control.

Barak Eilam Photo: CRC Media Nice Systems beats estimates, raises guidance

The technology company now sees non-GAAP EPS for 2022 of $7.25-7.45, which compares with previous guidance $7.07-7.27.

Udi Mokady Photo: Eyal Izhar CyberArk launches corporate VC fund

CyberArk Ventures has made three initial investments in cybersecurity startups.

Anat Shakedd Credit: PR Shopping in-store data platform Nexite raises $67m

The Israeli company has developed a data platform connecting physical merchandise to the cloud.

Amnon Shashua presents Mobileye's new radar chip credit: Mobileye Mobileye IPO moves ahead despite Wall Street woes

Market sources say that despite the negative sentiment on Nasdaq and the recent very sharp falls in the share prices of tech giants, the IPO will go ahead on schedule.

Sandra Rivera and Eitan Medina Credit: Ohad Falik Intel's Habana Labs launches processor to challenge Nvidia

Intel says the Gaudi2 processor developed in Israel demonstrates two-times throughput compared with Nvidia’s A100 GPU processor.

proteanTecs management Credit: Sharon Buchbinder Israeli deep data analytics co proteanTecs raises $45m

proteanTecs provides advanced cloud and edge enterprise solutions that monitor the health and performance of electronics to help customers scale their operations.

Yoav Leitersdorf Credit: Maxim Dinstein YL Ventures closes $400m Israeli cybersecurity VC fund

YL Ventures has raised its largest ever fund despite admitting that the startup financing market is in a slowdown.

Augurey and Seebo founders Credit: Kobi Sharvit Augury buys Israeli industrial AI co Seebo for $140m

The two Israeli companies will combine to provide an AI-driven view into the diverse factors that influence overall production health.

Ofir Zemer  credit: PR Qualcomm set to buy Israeli startup Cellwize

Cellwize deals in cellular network optimization. The acquisition price is estimated to be in the low hundreds of millions of dollars.

Nvidia California HQ Photo: Shutterstock Michael Vi Nvidia to hire 1,000 more in Israel

Nvidia will recruit software and hardware engineers, chip developers, architects, and researchers with various levels of experience.

Omri Kohl Credit: Kfair Ziv Business intelligence co Pyramid Analytics raises $120m

The Israeli company's platform delivers data-driven insights for faster, more intelligent decisions, by providing instant access to any data, enabling an organization-wide approach to business intelligence and analytics.

Yonatan Tserruya and Assaf Eisenstein Credit: Geva Talmor Investors sue Israeli unicorn Lusha for 35% stake

Plus Ventures and Oren Abekasis allege in the Tel Aviv court that Lusha's app was copied from a previous venture owned by the same entrepreneur, in which they had invested. Lusha denies any connection.

Yuval Cohen, Fortissimo  credit: Shlomi Yosef Telrad Networks sold for NIS 199m five years after IPO

The purchaser is Liquid Intelligent Technologies, whose main market is in sub-Saharan Africa.

Innoviz founders Credit: David Garb - Innoviz Spokesperson Carmaker selects Innoviz for $4b laser sensor deal

Market sources believe that Volkswagen has chosen Innoviz to provide its next generation cars with LiDAR) sensors.

LinearB team Credit: Omer Frydman Engineering efficiency platform LinearB raises $50m

The Israeli company has developed an engineering efficiency tool that correlates data across tools to identify bottlenecks and automate developer workflow optimization.

Tech employees Photo: Shutterstock How's life for foreign techies in Israel? Complicated

There's a fast entry track for foreign experts, but not having an Israeli ID card makes everyday transactions difficult, and after five years time's up.

Dekel Valtzer Credit: Stefan Klefko Israeli grocery delivery startup Avo lays off 500

After failing to raise $70-100 million, the company is laying off two thirds of its work force, including 350 employees in Israel.

Lemonade IPO Credit: NYSE Is the party over for Israel's tech sector?

A fall in vacancies for software developers is another indication that Israeli tech companies and startups are tightening their belts.

ARMO Credit: PR Israeli open source security co ARMO raises $30m

The Jerusalem-based company has developed an end-to-end, open, transparent and fully customizable security solution called Kubescape for the Kubernetes open-source community.

Gil Shwed Credit: Tamar Matsafi Check Point reports higher Q1 revenue, lower profit

The Israeli cybersecurity company beat the analysts' expectations in the first quarter of 2022 but its share price is nevertheless sliding.

Intel Core Photo: Intel Kiryat Gat bends planning rules for Intel

The city has obtained approval for cutting open space requirements so that Intel can construct more fabs, though there is no certainty that Intel will do so.

Gideon and Nadav Keyson Credit: Marco Okhuizen Israeli remote recording platform Riverside raises $35m

Riverside has developed an audio and video recording service in the broadcast media, entertainment and tech spaces.

Erez Migdali  credit: Migdal Insurance Migdal takes stake in global data centers co

Insurance group Migdal has participated in the acquisition of CyrusOne, its first equity investment in the field.

Naftali Bennet address the Israel cyber conference Credit; Amos Ben-Gershom Export controls strangling Israel's cyberattack industry

Israeli spyware companies are struggling to survive as the Ministry of Defense grants fewer export permits following US pressure.

The lean startup myth  credit: Gil Gibli The lean Israeli startup is a thing of the past

Set-up costs are soaring, and conditions at the multinationals are just too good.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018