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Skybox Security shuts down, lays off 300 employees as Tufin acquires assets
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‘It was through their lies that they became multimillionaires’: Charlie Javice fraud trial opens
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Skybox Security’s dramatic shutdown stuns employees and industry
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AI won’t replace developers—but it will change who gets hired
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Quantum Machines raises $170M at a $700M valuation as quantum computing surges
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Meir Orbach

15 stories about Meir Orbach
Brevel team

Brevel completes $18.5 million Seed round to develop alternative protein from microalgae

25.07.23|Meir Orbach
The Israeli startup’s technology combines sugar-based fermentation of microalgae with high light concentrations at industrial scales to produce a protein that will be incorporated by food manufacturers into plant-based products
אריק שטילמן

FairFly rebrands as Oversee, adds Rapyd CEO Shtilman to board

25.07.23|Meir Orbach
The company said that after signing a strategic cooperation deal last year with global travel company BCD Travel, estimated at $10-15 million per year, it also tripled its number of customers
פאם מרפי מנכ"לית חברת הסייבר הישראלית אימפרבה

Thales acquiring cybersecurity company Imperva for $3.6 billion

25.07.23|Meir Orbach
The French giant is purchasing the Israeli-founded company from private equity firm Thoma Bravo, which paid $2.1 billion for Imperva five years ago
AB IN BEV

AB InBev laying off over a third of workforce in Israel

24.07.23|Meir Orbach
The global beverage conglomerate is set to part ways with around 40 employees in total, saying that it has decided to centralize “B2B technology support structure”
Spiritt co-founders

Spiritt takes Seed funding to $13.5 million for AI platform that builds apps through verbal descriptions

20.07.23|Meir Orbach
The Israeli startup's platform allows individuals with no programming knowledge or access to programmers to independently develop end-to-end complex applications by verbally describing their ideas to the computer
רותם מתוק, ינון דולב ודיאא שרידי, סומפו

Japanese insurance giant Sompo expands footprint in Israel with cybersecurity center and software development group

20.07.23|Meir Orbach
The aim of the cybersecurity center is development of the ability to assist Sompo to secure its products against cyber threats and provide solutions to the various units of the company
גיל הורסקי ואסתר ברק לנדס, מייסדי פלורה ונצ'רס

FLORA Ventures raises $50 million to invest in sustainable agrifood tech

19.07.23|Meir Orbach
Gil Horsky and Esther Barak-Landes completed the initial raise with strategic partners including Haifa Group, Harel Group, and Sadot Kibbutzim, a co-op bringing together more than 185 Kibbutzim
מייסדי וסטו

Vesttoo’s top legal and financial executives leave the company amid alleged fraud scandal

19.07.23|Meir Orbach
The Chief Financial Officer, Chief Commercial Officer, Interim Chief Legal Officer, and Deputy Chief Legal Officer have all departed the startup embroiled in a fraudulent collateral crisis
ד"ר שלומית ווגמן-רטנר סמנכ"לית רגולציה בחברת ראפיד Rapyd

Rapyd appoints financial crime expert Dr. Shlomit Wagman as Global Chief Regulation and Compliance Officer

19.07.23|Meir Orbach
“Dr. Wagman's appointment underlines Rapyd’s commitment to maintaining the highest levels of integrity and regulatory adherence in the industry, and her appointment is another major step for Rapyd as the company makes strides towards a future IPO,” said Co-Founder and CEO Arik Shtilman
שירותי ענן

GigaSpaces to hand out almost $14 million in dividends following Cloudify’s acquisition by Dell

19.07.23|Meir Orbach
Cloudify, which develops cloud orchestration solutions, spun off from GigaSpaces to become an independent company in 2017
Vesttoo co-founders

Vesttoo investigation reveals $4 billion fraud involving fake letters of credit

19.07.23|Meir Orbach, Tomer Ganon, Almog Azar
Most of the allegedly forged letters were from a leading Chinese bank, which appears to have been unaware of the situation
מייסדי ווינג קלאוד אלעד בן-ישראל ושי בר

Wing Cloud announces $20 million in Seed funding for open-source programming language

18.07.23|Meir Orbach
The language unifies cloud infrastructure and application code into a single programming model that works across AWS, Azure, GCP, Kubernetes, serverless, and more
יניב ברטלה וסטו

Fintech unicorn Vesttoo faces alleged billion-dollar fraud scandal

17.07.23|Meir Orbach
Following an initial inspection conducted over the weekend, it was discovered that the billions of dollars in collateral presented by the company were fraudulent
Shahar Tzafrir Adi Yarel Toledano Eitan Bek Rona Segev

TLV Partners raises $250 million to invest in early-stage Israeli startups

17.07.23|Meir Orbach
The VC firm, which has previously invested in the likes of Aqua Security, Next Insurance, Aidoc, Quantum Machines, and Zencity, has reached $1 billion in assets under management. "The subject of the judicial overhaul came up in every conversation with the investors," said Managing Partner Rona Segev. "The government of Israel has declared war on the high-tech sector"
ועידת ניו יורק 2021 אלון בלוך מייסד משותף ומנכ"ל, K-Health

Unicorn K Health raises $59 million in down round

17.07.23|Meir Orbach
The startup, which was valued at $1.4 billion in 2021, has developed a platform that uses AI to combine professional medical knowledge with patient clinical data, providing doctors and users with information about the diagnoses and treatments of others with similar symptoms and conditions
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