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Cybersecurity
20 stories about Cybersecurity
Cyber startup Torq adds $42 million to Series B
23.01.24
|
Meir Orbach
According to the company, it registered 300% revenue growth and 500% customer growth in its third year of operation in 2023
Silverfort raises $116 million Series D for identity security platform
23.01.24
|
Meir Orbach
According to the company, the investment follows another record year of more than 100% growth where Silverfort added tens of millions in new Annual Recurring Revenue (ARR)
Zscaler in negotiations to acquire cyber startup Avalor for $250-350 million
21.01.24
|
Meir Orbach
Avalor, which came out of stealth with a $25 million Series A last year, has developed an open data platform which can integrate data from legacy systems, data lakes, data warehouses, SQL databases, applications, and more, and then normalize and analyze it
Zero Networks appoints Yaara Licht as VP Finance
21.01.24
|
CTech
“Yaara's extensive experience in managing global financial services for growing hi-tech companies will help us build a solid and professional financial infrastructure that will support the next stages of our growth,” said Benny Lakunishok, co-founder and CEO.
Cyber startup Vicarius raises $30 million Series B for vulnerability remediation platform
17.01.24
|
Meir Orbach
Since the company’s last round of funding in 2022, Vicarius has grown its customer base to over 400 customers, adding global organizations like PepsiCo, Hewlett Packard Enterprise (HPE), Bupa, and Equinix
Israel must double down on cyber in time of crisis
17.01.24
|
Shay Michel
“More than a cyber industry has emerged in Israel; a true tradition has emerged, which must be capitalized on,” writes Shay Michel, Managing Partner at Merlin Ventures
Decoding Israel's cyber success amid 2023 challenges and predictions for 2024
04.01.24
|
Sophie Shulman
YL Ventures' analysis exposes Israeli cyber's resilience, with total fundraising among Israeli cybersecurity startups last year amounting to $1.9 billion in 71 investment rounds, marking a 41% drop compared to 2022. However, the average Seed round rose to $9.8 million in 2023 and 21 Israeli cyber companies were acquired, compared to 16 in 2022
Aqua Security raises $60 million at over $1 billion valuation
03.01.24
|
Meir Orbach
The cyber unicorn, which has now raised $325 million since its founding in 2015, said the new funding is an extension of its Series E from March 2021
Cyber unicorn Orca Security laying off 15% of workforce
03.01.24
|
Meir Orbach
Orca, which has raised $640 million to date and was last valued at $1.8 billion, is parting ways with around 60 employees
Increased cybersecurity M&A activity reinforces Israeli strength and innovation
28.12.23
|
Thomas Krane
“There are many reasons to believe that Israeli cyber M&A will not only continue but also accelerate. The combination of cyber being in Israeli DNA and the value creation already shown is sure to invite new startups into the ecosystem as well as buyers looking to capitalize on exceptional technology, talent, and businesses,” writes Thomas Krane, Managing Director at Insight Partners
Mend.io acquires cyber startup Atom Security
24.12.23
|
Meir Orbach
The previously bootstrapped Atom Security was founded earlier this year and the acquisition is valued at several million dollars. This marks Mend's fifth acquisition in the last three years, totaling tens of millions of dollars
Okta acquiring cybersecurity startup Spera for over $100 million
19.12.23
|
Meir Orbach
The American identity and access management giant is making its first purchase in Israel. Spera, which raised $10 million in Seed funding earlier this year, has developed a solution to provide end-to-end identity attack surface management, risk reduction and identity threat prevention, detection, and response
Salvador Technologies raises $6 million Seed for cyberattack recovery platform
18.12.23
|
Meir Orbach
The Israeli startup’s platform bypasses standard recovery protocols and allows critical infrastructure operators and industrial enterprises to recover from attacks and any malfunction within only 30 seconds
Microsoft Israel R&D Center engineers lead development of AI platform that stops cyberattacks
18.12.23
|
CTech
Dozens of engineers, researchers and machine learning experts across security teams at Microsoft Israel R&D led the 2-year long research and development process, analyzing various cyberattacks using information accumulated by Microsoft's security products
Palo Alto closing on $100 billion valuation as entire cyber ecosystem flourishes
14.12.23
|
Sophie Shulman
The company founded by Nir Zuk is trading at a record value for a cybersecurity company, and Check Point and CyberArk are also at all-time highs. Although the cybersecurity sector as a whole is growing due to the increase in the scope of attacks and the change in regulations in the US, many Israeli companies are specifically benefitting due to their work with large organizations that are less affected by interest rates and their focus on comprehensive solutions
Zero Networks raises $20 million Series B to prevent attackers from spreading in corporate networks
13.12.23
|
Meir Orbach
The Israeli startup developed a fully automated SaaS platform that learns all network traffic and creates granular security policies that restrict user and machine access to only strictly necessary assets
Guardz raises $18 million Series A to help secure and insure small businesses from cyberattacks
13.12.23
|
Meir Orbach
The funding, which comes just 10 months after the company’s launch from stealth, will enable Guardz to expand its holistic platform for MSPs to seamlessly manage small business cybersecurity
Is SentinelOne ready to enter the cybersecurity big leagues?
06.12.23
|
Reuters
Shares of the Israeli-founded company surged by 16% on Wednesday after a strong quarterly revenue forecast
Cyber unicorn Wiz makes first acquisition with purchase of Israeli startup Raftt
04.12.23
|
Meir Orbach
The value of the deal was not disclosed, but it is estimated that Wiz paid tens of millions of dollars for Raftt, which has developed a cloud-based platform for creating and sharing development environments
Lasso Security nets $6 million Seed funding for Gen AI and LLM cybersecurity
20.11.23
|
CTech
The Israeli startup provides cybersecurity for Large Language Models (LLMs), safeguarding against threats across all LLM touchpoints
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