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AI won’t replace developers—but it will change who gets hired
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‘It was through their lies that they became multimillionaires’: Charlie Javice fraud trial opens
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Adi Dangot Zukovsky joins Ibex Investors as partner following fund’s leadership shift
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Tel Aviv real estate reaches new peak at over $45,000 per sqm
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Yad2 now valued at $420 million as investors line up for potential sale
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Meir Orbach

20 stories about Meir Orbach
חברת הסטארט-אפ agRE.tech

New AgriTech startup wants to blend solar power and smart farming

02.07.24|Meir Orbach
Elad Levy, former CEO of Roboteam, is behind agRE.tech, which has developed a system that latches onto the photovoltaic infrastructure, using AI to enable robotic operations in the agricultural space
מייסדי וויז Wiz founders

Wiz leads Israeli tech to its best quarter of funding in two years

30.06.24|Meir Orbach
Even without the $1 billion funding round by the cyber decacorn, local startups raised over $1.9 billion, the most since the fourth quarter of 2022
שער מוסף שבועי 27.6.24

Call of Dudi: Inside the mind and life of a tech multimillionaire

30.06.24|Diana Bahur-Nir , Meir Orbach
From a humble upbringing in Israel to Wall Street to London, and ultimately becoming a multimillionaire, David (Dudi) Gershon continually sets his sights higher. Now, he claims his new app will eliminate the need for physical cash.
יאיר אמסטרדם מנכ"ל Verbit

Verbit appoints Yair Amsterdam as permanent CEO, focuses on AI and growth

26.06.24|Meir Orbach
“We have growth plans and have reduced our cash burn rate, so we do not need to raise capital in the near future. We will consider raising capital only at the beginning of next year if the business plan shows results,” said Amsterdam, who served as Acting CEO since February following the departure of founder Tom Livne 
מטה אי ביי ישראל ב רחוב הגביש נתניה 1

eBay to lay off dozens of employees in Israel amid global restructuring

26.06.24|Meir Orbach
This is the third round of layoffs for the company in Israel and the fourth worldwide, with one round previously bypassing Israel. In the previous round, an estimated 30 employees were fired
Sensi.AI team

Sensi.AI raises $31 million Series B for elderly care platform after loss of key team member in war

26.06.24|Meir Orbach
The Israeli startup's audio-based solution enables elderly individuals to continue living at home rather than being hospitalized. Yuval Halivni, the company’s data operations lead, was killed on October 9th while serving in the reserves
פשה רומנובסקי

Pasha Romanovski leaving VC firm Hanaco

23.06.24|Meir Orbach
The co-founder and General Partner is stepping down after eight years that included success stories and several recent scandals  
מייסדי סמפריס מימין גיא טברובסקי , מיקי ברזמן , מתן ליברמן Semperis

Semperis enters unicorn club with $125 million round at over $1 billion valuation

20.06.24|Meir Orbach
The cyber company also named a new CFO, CRO and CLO as it continues to gear up for a potential IPO 
PointFive founders

IntSights founders unveil new cloud cost optimization startup, raise $16 million in Seed funding

19.06.24|Meir Orbach
Alon Arvatz, Gal Ben-David, and Amir Hozez’s new startup, PointFive, aims to uncover deep, infrastructure-level savings opportunities, enabling enterprise organizations to promote continuous cloud cost efficiency 
קמפוס מיקרוסופט הרצליה

Ground Up Ventures and Microsoft Israel R&D launch program for moonshot ideas

18.06.24|Meir Orbach
The Liftoff program is designed to support 10 companies each year. It will focus on projects that solve significant and challenging problems such as energy supply, energy storage and smart grid, food security for a growing population, smart construction and sustainable construction, defense and the future battlefield, and infrastructure for a modern labor market
צ'אג chegg משרדים חילופי עובדים

Chegg shutting down Israel operations, laying off entire workforce

18.06.24|Meir Orbach
As part of a 23% cut in its global team, Chegg is closing its Israel office, resulting in the layoff of dozens of employees 
Zencity team

Zencity secures $40 million Series C for community engagement platform for local governments

18.06.24|Meir Orbach
The Israeli startup counts 8 of America’s 10 largest cities among its customers and plans to spend the new capital on advancing its artificial intelligence capabilities 
מייסדי ראפיד

Rapyd lays off dozens of employees, transferring positions from Israel to Eastern Europe, South America

18.06.24|Meir Orbach
The fintech unicorn is cutting 30 positions in Israel and is moving them abroad due to the desire to cut costs
Entro founders

Entro Security raises $18 million Series A for non-human identity and secrets management platform

18.06.24|Meir Orbach
The Israeli startup’s platform helps security teams to implement and automate strong governance for secrets and NHI management, with real-time detection and response 
צוות עובדים Finaloop

Finaloop raises $35 million Series A for e-commerce accounting platform

17.06.24|Meir Orbach
The Israeli startup’s platform makes all financial data accessible to e-commerce stakeholders, from periodic accounting to real-time finance metrics
מייסדי Aim Security מימין מתן גץ (מנכ"ל) ואדיר גרוס (סמנכ"ל טכנולוגיות).

Aim Security closes $18 million Series A to secure GenAI enterprise adoption

17.06.24|Meir Orbach
Less than five months after announcing its Seed round, the Israeli startup has landed additional funding for its security platform that governs and secures AI use across the modern business environment 
מימין אסף רפפורט מ וויז ו אבי שוע מ אורקה

Cyber wars: Wiz denies Orca’s patent claims, strikes back with counterclaims

06.06.24|Meir Orbach
Patent dispute intensifies as Wiz rejects claims that it has infringed on any of Orca's patents, offering a counter-narrative highlighting its own technological advancements and market success
Eureka Liat Hayun Asaf Weiss

Tenable acquires Israeli cyber startup Eureka for tens of millions of dollars

06.06.24|Meir Orbach
Eureka had several offers before closing a deal with the American cyber giant 
מימין לשמאל אורן קניאל ו רשף מן מייסדי AppsFlyer 2

Marketing analytics unicorn AppsFlyer eyeing Wall Street IPO

05.06.24|Meir Orbach
The Israeli company is aiming to raise $300 million in the offering later this year or early next year, according to a report by Bloomberg 
עובדי הייטק משרד אופן ספייס עבודה

For Israeli economy, no substitute for high-tech dominance

04.06.24|Meir Orbach
The high-tech sector's contribution rate to the country's GDP of 20% is significantly greater than that of the USA at 9% and Russia's dependence on gas and oil at 16%, according to a report by the Innovation Authority. However, the diversity of the working population in the high-tech sector remains low, with 65% being non-ultra-Orthodox Jewish men.
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