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Wiz eyeing Dazz acquisition in deal worth hundreds of millions
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Intel's workforce questions its future amid layoffs and shrinking benefits
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Four years and billions later, Intel’s Habana Labs is still searching for success amid layoffs
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Atera lays off 6% of employees in workforce restructure
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The secret behind the power of Israel's cyber industry: Identifying and building new categories
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Downround

2 stories about Downround
פיטר מקאי מנכ"ל Snyk ו גיא פודחרני מייסד Snyk סניק

Snyk losses surged to $267 million in 2022 despite 157% increase in revenue

02.10.23|Allon Sinai
The cybersecurity startup ended the year with total cash balances of $523.3 million after raising $196.5 million in a Series G downround last December at a valuation of $7.4 billion
פיטר מקאי מנכ"ל Snyk ו גיא פודחרני מייסד Snyk סניק

"In 2023 many high-tech companies will significantly decrease in value"

14.12.22|Meir Orbach
After the layoffs, local high-tech is preparing for a wave of declines in company valuations, similar to the trend in the U.S. Israeli-American cyber unicorn Snyk revealed its value fell by 12% when it raised $196 million this week