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The layoffs are mainly among US sales staff, while the company is doubling its development team in Tel Aviv.

The consortium includes Bristol-Myers Squibb (BMS), BD (Becton Dickinson), Elbit Systems, Tel Aviv University, Ben-Gurion University of the Negev, and Shaare Zedek Medical Center.

Knaz will be responsible for Prytek’s investment activities in early-stage companies that work in synergy and contribute to the technology and services of the more mature companies in the Group.

Having previously acquired Ozcode, the US cloud monitoring company is aiming to have 500 employees in its Tel Aviv development center within a year.

The TalonWork browser simplifies endpoint security by serving as a secure access point to corporate applications and data on any device, or operating system.

The court appointed trustee was highly critical of NSO's attempts to keep ownership of the company, so that it could enhance an overall sale of NSO Group.

"Globes" reports on startups offering shares for sale at just half the price of the valuation obtained in their financing rounds last year.

Veniam will help cut communications costs between connected cars for the servers containing the data from Nexar's car dash cams.

The Israeli venture capital fund has announced the first closing of its $150 million second fund.

The Israeli drug development company, which has raised $22 million, is striving to harness combinatorial chemistry and AI to transform RNAi drug development into a programmable process.

Teddy Sagi is selling his 51% stake in Arbitrip to Talma Shlomo over the next two years at a company valuation of $40 million.

July's figure was the second month this year in which startup raising was well below $1 billion, as the sharp fall in valuations of publicly-traded companies has influenced private financing rounds.

Storage solutions company Infinidat held huge promise, but was underperforming financially until a management upheaval a year ago.

As part of the strategic agreement, Bausch + Lomb is also making an equity investment in Sanoculis's latest $14-17 million financing round.

As part of the merger agreement, the Israeli company employees will receive stock options in the new company and financial grants.

The event was part of cooperation between the Singapore Economic Development Board and crowdfunding platform OurCrowd.

The Israeli company has helped centuries-old industries come online including lumber, chemicals, steel, retail and food.

CEO Dr. Kira Radinsky: We started the round after the market had crashed, but we're a growth company with a track record in the market.

The company, founded by two Israeli security agents, locates and analyzes relevant business data to settle business disputes between private businesspeople and commercial companies.

Theator's surgical intelligence platform institutionalizes the routine capture of surgical video data, harnessing AI and computer vision to automatically analyze every operation.

US tech-care company Asurion bought Soluto in 2013. 120 employees will lose their jobs.

The company treats premature ejaculation by using a drug-free, skin patch based on EMS (Electrical Muscle Stimulation).

The French digital experience company is expanding its Israel center, which is based on the acquisition of Clicktale.

The Israeli company enables life-sciences organizations to deliver life-saving, innovative products faster, safer, and more efficiently.

The project, which will begin before the end of the year, will encompass Walmart branches in Arizona, Florida, Arkansas, Texas, Utah and Virginia and will involve a total of 150-300 drones.

The Israeli B2B intelligence company is laying off 10% of its worldwide workforce of 300.

Carl Zeiss Meditec will fund the further development of the Israeli company's two cornea transplant products, for which it will have exclusive worldwide commercialization rights.

The funding will advance the Israeli company's surgical platform for fully robotic cataract surgery: ORYOM.

The company is firing 40% of staff and adopting a new strategy in which it will provide robots to supermarkets, which will operate them.

Optimove said that its acquisitions will bolster the platform, making it more personalized and adding real time content recommendations and capabilities to the engine.