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24/7
Headlines
13:43
Full list of Israeli high-tech layoffs in 2025
13:38
Hydrogen startup Electriq Global collapses under nearly $30M in debt, despite raising $25M
11:26
PwC integrates altshare’s algorithm to streamline startup valuations
14:27
Nice beats Q4 estimates but shares plunge on weak 2025 outlook
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1
Insight Partners hit by cyber attack with possible data leaks
2
CyberArk’s surge, Wiz and Cato prepare for IPOs: Israeli cyber firms ready for the next big move
3
How Intel ruined an Israeli startup it bought for $2B—and lost the AI race
4
Riskified cuts staff as struggles continue
5
Techtonic to invest over $140 million to build one of Israel's largest data centers
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Meir Orbach
20 stories about Meir Orbach
Survey finds 50% of high-tech startups in Israel may exhaust funds in six months
19.01.25
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Meir Orbach
As a result of financial constraints, around 20% of companies reported in the Israel Innovation Authority's survey that they relocated activities or staff abroad, and approximately 40% reported deliberately reducing their cash burn rates.
Global AI acquires Israeli AI startup Tectu for $13 million
16.01.25
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Meir Orbach
The deal will see Tectu’s tech and employees integrated into a new Israeli research center for advanced AI solutions.
NetApp sells Spot to Flexera for $100 million, four years after $450 million acquisition
16.01.25
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Meir Orbach
The move marks a significant shift as NetApp refocuses on its core data infrastructure business.
Lenovo acquires enterprise storage company Infinidat in its first Israeli acquisition
16.01.25
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Meir Orbach
The Chinese tech giant plans to establish a development center in Israel, expanding Infinidat’s team and strengthening its global storage solutions portfolio.
Reeco raises $15M Series A to modernize hotel procurement
15.01.25
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Meir Orbach
The Israeli startup’s AI-driven procure-to-pay platform unifies procurement, inventory, and accounts payable into a single system.
Israel moves swiftly to acquire AI chips before Biden export limits take effect
15.01.25
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Meir Orbach
The head of the artificial intelligence branch at the Ministry of Defense admitted that the ministry has pivoted strategies as U.S. restrictions threaten Israel's AI and security advancements.
Qbiq raises $16M Series A for its automated architectural solutions
15.01.25
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Meir Orbach
The Israeli startup tackles one of real estate’s biggest pain points: the inefficiency of traditional architectural planning, which leads to delays and prolonged deal cycles.
Orchid raises $36 million Seed round to automate enterprise identity security with AI
14.01.25
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Meir Orbach
Startup leverages AI-powered orchestration to streamline identity management for Fortune 500 enterprises.
"We aim to enable customers to conduct financial planning with the same ease as planning a route on Waze"
14.01.25
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Meir Orbach
Eyal Efrat, First Executive VP & Chief Information Officer at Bank Leumi, spoke at the Tech TLV conference about the technological revolution that the world of finance and banking is undergoing. According to him, "AI has the potential to rewrite the rules of the game in the banking world."
"Israeli high-tech is not a single entity. The impact of global and local events varies significantly across sectors"
14.01.25
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Meir Orbach
"What happened in 2024 is impressive and demonstrates resilience and stability," added Avi Hasson, CEO of Startup Nation Central, speaking at the Tech TLV conference. "Unlike soccer, where Israel has only made it to the World Cup once, Israeli high-tech competes in the 'World Cup' every day—and it is thriving."
Unreported rounds push Israeli tech funding past $12 billion in 2024
14.01.25
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Meir Orbach
Officially reported funding reaches $10.6B, but newly revealed data shows total financing surged 31%.
Blockchain giant Chainalysis acquires Israeli startup Alterya in $150M deal
13.01.25
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Meir Orbach
This marks Chainalysis' second acquisition of an Israeli company in just one month, following the purchase of Hexagate. Alterya specializes in preventing authorised-push-payment (APP) fraud, focusing on cryptocurrency and real-time payment networks.
Intel to spin off RealSense computer vision division as an independent company
11.01.25
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Meir Orbach
The spinoff will be headed by Israeli Nadav Orbach, with plans to expand AI-powered technologies to include new innovations in stereo vision, robotics, and biometrics AI software and hardware.
Wiz signals IPO ambitions with the appointment of Fazal Merchant as CFO
09.01.25
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Meir Orbach
Former Co-CEO of Tanium joins Wiz to lead financial strategy and operational growth as the cloud security decacorn prepares for its next phase.
PrettyDamnQuick raises $25M Series A to tackle cart abandonment with personalized checkout
09.01.25
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Meir Orbach
PDQ’s platform focuses on optimizing the checkout process for medium-sized businesses engaged in online direct-to-consumer (D2C) sales.
Japanese giant Kaneka acquires EndoStream Medical in $100 million deal
09.01.25
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Meir Orbach
Israeli-developed implant eliminates the need for blood thinners in aneurysm treatment.
Former Verbit CEO Tom Livne launches new startup, leveraging AI to tackle drug development challenges
08.01.25
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Meir Orbach
Grace, which aims to repurpose abandoned drugs through advanced artificial intelligence, is expected to raise its first funding round in the coming weeks, targeting $10–20 million.
War-tested Israeli tech sector shows resilience but a quarter of startups relocate departments abroad
08.01.25
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Meir Orbach
Study finds 27% of firms moved departments abroad while workers grapple with uncertainty.
Aqua Security lays off dozens in global reorganization
07.01.25
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Meir Orbach
Layoffs include 20 employees in Israel as the cybersecurity firm streamlines operations to focus on profitability.
Cymulate acquires CYNC Secure to enhance exposure management solutions
07.01.25
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Meir Orbach
The $10 million deal strengthens Cymulate’s threat validation platform with operational efficiency tools.
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