CTalk“We will be the next huge company to come out of Israel”
CTalk
“We will be the next huge company to come out of Israel”
Alon Webman, Co-Founder and CEO at Chain Reaction joined CTech to discuss his hopes for the company after ranking as Israel’s fourth most promising startup
“I think that the semiconductor industry is pretty complicated. It takes a long time for companies to bring themselves into the position that they're in front of revenues and passing that being a value company, to be a product company,” said Alon Webman, Co-Founder and CEO at Chain Reaction. “We are just on the brink of that. It's a five-year-old company, but we have the potential to have hundreds of millions of dollars in revenues in our fifth or sixth years. It's a very unique opportunity.”
Chain Reaction joined CTech to discuss its position on Calcalist’s list of ‘Most Promising Startups’ in 2024. The company, founded in 2019 by Webman and Oren Yokev with already $115 million in funding, ranked fourth for its disruptive blockchain and privacy technology.
“The best thing you want to do when you have a great team is to own your own destiny. And this is where we are,” he added. “We got to the point where execution is king for us. We'll execute. We'll be the next huge company that will come out of Israel.”
You can learn more about the company in the video above.