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"Platformization is the game changer": Palo Alto Networks Q1 beat reinforces multiyear growth strategy

As we did in cybersecurity, it's time to declare AI a national project and establish Israel's first AI capital

“It's been a very interesting year in the venture scene in the US and Israel”

Noam Sagi on the fight of his life to save his mother from Gaza

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1

Cyera doubles valuation to $3B with $300M Series D, total funding hits $600M in seven months

2

Claroty veterans launch Twine with $12M in Seed funding from Dell and Wiz founders to deploy AI cyber workers

3

Salesforce seals $1.9 billion cash deal to acquire cloud backup company Own

4

Prompt Security raises $18 million Series A to protect enterprises from GenAI risks

5

Salesforce to slash jobs at Own after $1.9B acquisition finalized

Funding

20 stories about Funding

Converge Bio founders

Converge Bio raises $5.5M in Seed funding to speed up drug discovery and development with GenAI

The Israeli startup's platform uses large language models (LLMs) trained on biological and chemical data (DNA, RNA, protein sequences, and small molecules) to help biotech and pharmaceutical companies discover and develop better-performing drugs in less time.

חברת פרומפט סקיוריטי

Prompt Security raises $18 million Series A to protect enterprises from GenAI risks

20.11.24|Meir Orbach

The Israeli startup’s platform safeguards organizations from shadow AI, prompt injections, and other emerging threats specific to generative AI tools.

מגדל עזריאלי שרונה תל אביב

Full list of Israeli high-tech funding rounds in 2024

Despite facing many challenges in raising money, Israeli startups continue to attract funding from across the world

מייסדי סייארה Cyera מימין תמר בן אילן CTO ו יותם שגב המנכ"ל

Cyera doubles valuation to $3B with $300M Series D, total funding hits $600M in seven months

20.11.24|Meir Orbach

The Israeli cybersecurity unicorn, which acquired Israeli startup Trail Security for $162 million last month, plans on growing its workforce from 400 to 600 employees by the end of 2025. "We aim to be the CrowdStrike of data security, with billions in revenue," said CEO Yotam Segev.

צוות Twine טוויין

Claroty veterans launch Twine with $12M in Seed funding from Dell and Wiz founders to deploy AI cyber workers

20.11.24|Meir Orbach

Twine’s AI platform automates key security tasks, starting with identity management, to support overwhelmed teams.

Spines founders

Spines raises $16 million Series A to transform the publishing industry with AI

19.11.24|Meir Orbach

By making publishing faster, cheaper, and more accessible, Spines aims to publish 8,000 titles annually by 2025 and redefine the author experience.

CommBox closes $15M round to expand secure AI customer service platform

The Israeli startup enables brands to engage customers across all channels from a single interface, leveraging digital engagement, business automation, conversational AI, and generative AI chatbots.

Bluespine founders

Bluespine secures $7.2M to tackle healthcare overspending for self-insured employers

AI solution helps firms like Mattel and DavidShield recover and prevent costly billing errors.

כך משלבים 25 יכולות בינה מלאכותית במעבדים

Panjaya.ai raises $9.5M for BodyTalk to perfect multilingual AI translation

TED and JFrog among early adopters of the platform that syncs language with gestures.

Alison.ai closes $13.3M to scale AI-based video ads

12.11.24|Meir Orbach

The Israeli startup’s platform leverages AI to generate full video creatives using both their customers’ data and data gleaned from their competitors.

מימין יודר שפריר ו גיא ברון מ ScaleOps

ScaleOps raises $58M Series B as demand grows for cloud automation solutions

12.11.24|Meir Orbach

Offering a hands-off approach to cloud optimization, the Israeli startup’s platform automates resource allocation, helping companies avoid wasted spend and performance issues.

PointFive founders

Ex-IntSights founders land $20M for PointFive to combat cloud cost wastage

12.11.24|Meir Orbach

The Israeli startup’s platform automates cost savings for enterprises managing cloud resources.

עמירם שחר מנכ"ל Spot.io

Cyber startup Upwind raising $100 million at $850-900M valuation

The Israeli company, founded by Amiram Shachar and his founding partners from Spot.io, which was sold to NetApp for $450 million, is set to take its total funding to $180 million in two years.

דני צ'רקסקי ו אלון סלפק יזמים חברת קרדום

Kardome secures $10M Series A for spatial hearing AI technology

06.11.24|Meir Orbach

The Israeli startup’s spatial hearing software enables devices to move beyond screen-based, manual inputs and instead respond to natural, voice-driven, and context-aware interactions. Kardome’s software has already been implemented in more than a million devices.

October 2024 in Israeli tech funding: $987 million in 26 deals

Israeli startups rebounded in a big way last month, with three companies completing mega-rounds of over $100 million.

משה שלו סמנכ"ל ב דקארט דין לייטרסדורף מנכ"ל Decart

Sequoia-backed Decart raises $21M in Seed funding to pioneer scalable, cost-efficient GenAI

31.10.24|Meir Orbach

The Israeli startup has built an AI infrastructure platform that enhances the efficiency of AI models, offering faster and more reliable training as well as real-time inference.

מייסדי מיינד MIND מימין הוד בן נון סמנכ"ל הפיתוח ערן ברק מנכ"ל ו איתי שוורץ סמנכ"ל הטכנולוגיה

MIND nets $11 million in Seed funding to combat data loss in the age of AI

30.10.24|Meir Orbach

The Israeli startup’s intelligent DLP platform integrates AI and smart automations and can automatically identify, detect, and prevent data leaks at machine speed.

Verax AI founders

Verax AI raises $7.6 million in Seed funding to help enterprises control AI

30.10.24|Sophie Shulman

The Israeli startup’s solutions provide visibility into the production use of LLM-based products outside the lab and auto-correction of unwanted behavior in real-time.

מנכ"ל מליו מתן בר וסמנכ"ל הטכנולוגיות אילן אטיאס

Melio secures $150 million in Series E funding, valuation slashed to $2 billion

29.10.24|Meir Orbach

Despite the valuation cut, the Israeli fintech is estimated to have registered a tenfold revenue increase since its last raise three years ago, now exceeding $100 million annually.

Innoventric team

Innoventric secures $28.5M to reduce medical need for surgical valve replacement and general anesthesia

29.10.24|James Spiro

The Israeli company helps address Tricuspid Regurgitation, a condition that impairs the cardiac blood flow.