Assaf Rappaport credit: Omer Hacohen Wiz signs letter of intent to buy Lacework - report

"TechCrunch" reports that Wiz would pay just $150-200 million for Lacework, which was given a valuation of $8.3 billion, post-money in its last financing round.

Magnus CEO Boaz Vinogradov credit: Yosi Alterman Israeli digital casting co Magnus Metal raises $74m

The company provides an Industry 4.0 based fully automatic manufacturing solution that makes the process faster, safer, and, environmentally friendly while both improving quality and reducing cost.

2024 ''Globes'' most promising startups "Globes" most promising startup of 2024: Exodigo

The underground mapping company heads this year's list of ten outstanding startups with technologies from metabolism monitoring to autonomous tractors.

Mekorot CIO Eran Ravid credit: Cadya Levy Mekorot CIO: We supplied water throughout the war

Mekorot CIO Eran Ravid told the Globes Tech IL Conference about the company's support for startups and its ability to cope with national emergencies.

Mentee Robotics founders credit: Mentee Robotics Amnon Shashua unveils MenteeBot humanoid robot

Israeli company Mentee Robotics expects the first robots, which can perform household chores and warehouse tasks, to come off the serial production line in the first quarter of 2025.

Yevgeny Dibrov and Nadir Izrael Photo: PR Armis Security buys Israeli co Silk Security for $150m

Silk Security has developed a platform that allows data security managers to identify a range of vulnerabilities and repair them.

Founders of previous promising statups credit: Eyal Izhar, Elad Malkah and PR Promising startups suffer as profit trumps growth

As its most promising startups for 2024 are named, "Globes" looks back at how promising startups from recent years have fared.

Entitle founders Ron Nissim and Avi Zetser credit: Dima Kremenitsky BeyondTrust buys Israeli access security co Entitle for $150m

Tel Aviv-based Entitle has developed a privilege management solution that discovers, manages, and automates just-in-time (JIT) access and identity governance.

Meytal Vaizberg talks to Sarit Firon and Hamutal Meridor credit: Tamar Matsafi "World sentiment is not in our favor"

Team8 Capital managing partner Sarit Firon and Vintage partner Hamutal Meridor told the Globes Tech IL Conference about the difficulties of raising investment during the war.

Snappy founders Hani Goldstein and Dvir Cohen credit: Elad Malka Gift platform Snappy raises $25m as valuation halved

The financing round was completed at a company valuation of $180-200 million, half of the $400 million valuation given to Snappy when it raised $70 million in 2021.

Vision  credit: Eyal Fischer RevitalVision announces success in two new trials

RevitalVision's products treat certain eye conditions by retraining the brain.

SouthUp CEO Gil Shwarsman credit: PR Gaza border's SouthUp incubator resumes operations

The Negev tech incubator has also established an impact fund for new startups to help with the rebirth of the region.

Noname Security founders Oz Golan and Shay Levi  credit: Yossi Zeliger Akamai to buy Israeli API security co Noname - report

The reported $500  million acquisition price is below Noname Security's valuation in its last fund raising round.

Nadav Zafrir  credit: Shlomi Yosef Team8 records exits worth $1.1b in five months

Wiz has confirmed the $350 million acquisition of Gem Security, in which Team8 was one of the main investors.

Amiad Soto and Vered Raviv Schwarz Credit: Guesty Israeli short-term rental platform Guesty raises $130m

Active in over 80 countries, Tel Aviv-based Guesty has developed a comprehensive and easy-to-use platform for the short-term rental property management market.

Cyera founders Tamar Bar-Ilan ands Yotam Segev Photo: Menash Cohen Israeli data security co Cyera raises $300m

The company has completed the financing round at a company valuation of $1.4 billion.

Deflated unicorn credit: Shutterstock Big Tech 50 reveals sharp falls in Israeli startup valuations

The Israeli R&D partnership has reported to the TASE that 10 of the 14 startups in which it has invested have seen their valuations decline.

Web Summit founder Paddy Cosgrave credit: Shutterstock Paddy Cosgrave back as Web Summit CEO

The Irish entrepreneur stepped down six months ago after condemning Israel's attack on Gaza, without mentioning Hamas's October 7 atrocities.

Dovi Frances  credit: Group 11 archive Dovi Frances: Group 11 fifth fund hasn't lost a shekel

Frances responded on Linkedin to press comments on his fund's performance as 'a disappointment'.

Tech offices credit: Shutterstock luchunyu War eroding investment in Israeli tech, study finds

Research institute RISE Israel reports that investment in Israel's tech sector has declined by about 30% since the Swords of Iron war broke out.

Wiz founders credit: Avishag Shaar Yishuv Five Israeli tech entrepreneurs enter Forbes billionaires list

There are 36 Israelis listed in the 2024 Forbes billionaires list.

Or Ben Shoshan credit: Morage Biton New fund launched for war-affected early-stage startups

ICA in Israel, Rashi Foundation and venture capital firm Southern Israel Bridging Fund (SIBF) have launched a joint venture to invest in startups with technologies committed to impact society.

Yuval Cohen  credit: Eyal Izhar Digital solutions for rigid packaging co Velox raises $38m

The Israeli company's proprietary technology is based on uniquely formulated inks and dedicated deposition architecture.

Hailo CEO Orr Danon credit: Eyal Izhar Israeli edge AI chipmaker Hailo raises $120m

Hailo also announced the introduction of its innovative Hailo-10 high-performance generative AI (GenAI) accelerators.

Yinon Costica  credit: Omer Hacohen Overnight success twenty years in the making

Wiz co-founder Yinon Costica talks about his team’s journey to $350 million annual revenue that started on a bus to the IDF Recruitment Office.

Raising dollars credit: Shutterstock Israeli startups raised $800m in March

Four companies raised $100 million or more last month.

Liad Agmon Photo: Matan Portnoy Liad Agmon: Insight Partners is committed to Israel

Insight Partners managing director Liad Agmon talks about AI, the impact of the war, and his concerns about Israel's future.

Avi Hasson credit: Miri Davidovich $3.7b in Israel tech acquisition deals since start of war

Although 15% of Israeli tech employees have been drafted into the army, Startup Nation Central data show the ongoing strength of the tech sector.

High-tech credit: Shutterstock IVC-LeumiTech: Israeli startups raised $1.6b in Q1

There were six financing rounds of $100 million or more completed in the first quarter of 2024.

Coro top management credit: Coro Israeli SME cybersecurity co Coro raises $100m

The Tel Aviv-based company targets the SME market such as retail chains, law firms, garages and clinics that are seeking a single package with all types of cybersecurity protection.

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