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Cybersecurity

20 stories about Cybersecurity

מייסדי למינר Laminar מימין עמית שקד ו אורן אברהם

Cyber unicorn Rubrik files for IPO, reveals how much it paid for Israel’s Laminar

03.04.24|CTech and Reuters

Sources close to the company had said the transaction was valued at $200-250 million, but Rubrik has now revealed that it initially paid $105 million for Laminar, $91 million in cash and the remainder in shares, with Laminar's shareholders to also receive the startup’s remaining funds. Laminar had raised $67 million since its establishment in August 2020.

מייסדי איידנטיק מימין אורי ארד איתי לוי עידו שילון

Cyber startup Identiq to lay off almost half of its workforce

01.04.24|Meir Orbach

The Israeli company, which raised a $47 million Series A three years ago, is cutting around 20 of 45 jobs

Roy Fridman at Daimler Truck

Automotive cyber startup C2A Security nets long-term agreement to protect Daimler Truck

The value of the deal was not disclosed, but it is estimated to be one of the biggest product security tool deals in the automotive industry by any cybersecurity company

בן סרי, סנז ישר ושניר הבדלה. מייסדי זפרן

After fleeing Iran and an illustrious career in Israeli intelligence, Sanaz Yashar raises $30M for cyber startup

28.03.24|Meir Orbach

Zafran, founded in 2022 by Yashar (CEO), Ben Seri (CTO) and Snir Havdala (CPO), develops a risk and mitigation platform to pinpoint the ‘exploitable’ threats in the organization and to mitigate their risk by mobilizing existing security controls

Cyber startup Coro nets $100 million Series D to make enterprise-grade security accessible to all

28.03.24|Meir Orbach

The Israeli startup, which took its total funding in the past 24 months to $255 million, offers an enterprise-grade security software platform to SMEs covering endpoint protection, email and user protection and network and cloud protection

RealEye’s mission to help authorities with the human selection process

The Israeli company has raised a total of $1.1 million to help correctional and immigration authorities, intelligence and law enforcement agencies, and the military.

Ideating in a saturated cybersecurity market

24.03.24|Nadav Lev

“The rapidly evolving nature of cybersecurity threats outpaces the ability of larger vendors to adapt. This creates a prime opportunity for nimble startups to develop innovative, tailored solutions that address these specific pain points,” writes Nadav Lev, CTO at YL Ventures

Cybereason crisis continues with dozens of jobs to be cut in third round of layoffs

20.03.24|Meir Orbach

After being on the verge of an IPO in 2021, Cybereason has since seen its CEO resign, hundreds of employees get laid off, all while experiencing a 90% drop in value from $3 billion to $300 million

שלמה קרמר מנכ"ל קייטו

Cyber unicorn Cato Networks preparing to go public within a year

20.03.24|Reuters and CTech

Cato has tapped Goldman Sachs, JPMorgan Chase, and Barclays to lead preparations for a stock market flotation that could come by early 2025, possibly sooner if equity capital markets rebound this year. Cato is looking to raise more than $500 million

נמרוד וקס ו דימיטרי סירוטה מייסדי BigID ביג איידי

BigID raises $60 million at over $1 billion valuation as it closes on $100 million in ARR

The Israeli startup, which develops solutions for data security and compliance for the public and private cloud, recently introduced new data hygiene capabilities for the generative AI data pipeline

$50 million plus per founder: Cyber M&A flurry creates new list of millionaires

18.03.24|Meir Orbach

The entrepreneurs behind Avalor, Flow Security and Gem Security are set to cash in over $50 million each after being acquired over recent weeks by cyber giants Zscaler, CrowdStrike and Wiz, respectively

אריה זילברשטיין רון קוניגסברג ו אופיר ברוקנר מייסדי Gem Security ג'ם סיטי

Cyber decacorn Wiz acquiring Gem Security for $350 million

13.03.24|Meir Orbach

Israeli startup Gem, which has developed a Cloud Detection and Response (CDR) platform, has raised $34 million to date

ChatGPT plugins contained 'critical security flaws', research reveals

13.03.24| CTech

Cybersecurity startup Salt Security uncovered security flaws within the popular chatbot’s extensions that allowed access to third-party websites and sensitive data. The issues have been remediated.

תמר בר אילן ויותם שגב, מייסדי סייארה

Cyber startup Cyera targeting over $200 million in funding at $1.5 billion valuation

13.03.24|Meir Orbach

The Israeli data security company is set to triple its valuation from its $100 million Series B last June

Moshe Karko and Lilach Danewitz

Hackers can use ChatGPT too: How GenAI became a powerful cyber-weapon

11.03.24|Moshe Karko and Lilach Danewitz

"Balancing the encouragement of technological innovation with the prevention of social harm is a delicate task. Alongside the immense power of AI technologies comes great responsibility," write Moshe Karako and Lilach Danewitz of NTT Israel

מימין דאלי ראג'ק ו אסף רפפורט wiz

Wiz eyeing hundreds of millions of dollars in new funding at over $10 billion valuation

09.03.24|Meir Orbach

According to the Financial Times, the cybersecurity unicorn, which has already raised $900 million to date, is in talks with investors including Thrive, Lightspeed Venture Partners and G Squared

יניב ורדי מנכל קלרוטי Claroty

Cyber unicorn Claroty raises $100 million, surpasses $100 million in ARR

06.03.24|Meir Orbach

The Israeli company, which raised the money through a combination of equity and credit, took its total funding to date to $635 million

Sweet Security founders

Former Israeli military cyber chiefs net $33 million Series A for cloud security startup

06.03.24|Meir Orbach

Sweet Security leverages deep runtime analysis to identify and address cloud risks

Former NSA Director Michael Rogers: "The acquisition of Talon shows that the Israeli tech model is very vibrant and is recognized for its excellence"

06.03.24|Omer Kabir

"Even after October 7, Israel's reputation in cybersecurity remains incredibly strong," said Michael Rogers, former head of the National Security Agency and current Team8 Operating Partner

CrowdStrike acquiring cyber startup Flow Security in $200 million deal

06.03.24|Meir Orbach

Founded in 2021, the Israeli startup, which develops a cloud data runtime security solution, has raised just $13 million to date

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