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Cyera doubles valuation to $3B with $300M Series D, total funding hits $600M in seven months
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Wiz acquires Dazz for $450 million to strengthen AI-driven cloud security
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Claroty veterans launch Twine with $12M in Seed funding from Dell and Wiz founders to deploy AI cyber workers
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Salesforce seals $1.9 billion cash deal to acquire cloud backup company Own
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Prompt Security raises $18 million Series A to protect enterprises from GenAI risks
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אירוע הנפקת למונייד

Lemonade cuts losses, plans to raise premium prices

23.02.23|Sophie Shulman
The company’s growth rate in the fourth quarter of 2022 was 116%, but despite revenues reaching $88.4 million, Lemonade still lost $63 million in the quarter
פייבר פתיחת מסחר fiverr

What crisis? Israel's software giants expect double-digit growth in 2023

23.02.23|Sophie Shulman
Wix, Fiverr, and Global-e, which are all traded on Wall Street, presented good results for 2022 and very optimistic growth forecasts for 2023, which sent the shares of all three soaring
וויקס WIX

The Wix fix: “We began implementing further cost efficiency measures; reduced headcount by 15%"

22.02.23|Sophie Shulman
Wix laid off around 370 employees last week, most of them in support centers in the US. On top of the $150 million cost reduction plan announced in August 2022, the company is implementing an incremental $50 million of cost savings in 2023
כנס מובילאי משדר ראשון גיל שויד

Check Point registered fastest growth in seven years in 2022

13.02.23|Sophie Shulman
The cybersecurity veteran announced that its total revenues last year reached $2.33 billion, an 8% increase year-over-year
עובדות חרדיות תחום הייטק

Women constitute only a third of high-tech employees in Israel

29.01.23|CTech
A new report by Power in Diversity also showed that Arabs and ultra-Orthodox, which make up over 33% of the total population, only account for a total of 0.6% of high-tech employees
Israel Internet

Report: Israel’s internet is the world’s best value for money

25.01.23|James Spiro
The index was created by ranking 117 countries and territories based on the speed-to-affordability ratios of fixed broadband internet and mobile internet
פקק תנועה ב כביש איילון תל אביב

McKinsey report highlights infrastructure investment and labor participation as keys to Israel’s economic growth

22.01.23|Adrian Filut
According to McKinsey, a massive integration of the Arab and Haredi populations into the labor force, along with a ramping up of infrastructure investments and a productivity increase of 1.2%, would boost average monthly wages considerably by 2035
עובדי SISENSE סייסנס

Only half of Israel’s unicorns are still worth $1 billion

02.01.23|Sophie Shulman
According to research by venture capital fund Viola, many unicorns haven’t raised new funds in a long time, raising question marks regarding their actual growth rate and technological progress
Foodtech

Mapping Israel’s foodtech sector

07.12.22|James Spiro
Many are suggesting the appetite is over for the foodtech meal. Israel is showing there’s a bigger thirst than ever
תל אביב קו רקיע חוף

Tel Aviv leads Startup Nation growth with $20 billion in capital raised in 2021

22.09.22|CTech
Funding by tech companies based in Tel Avlv Jumped 10X over five years, while their number of global employees doubled last year to over 150,000
קידום עסקי אונליין

Report: Israel ranked top in Digital Quality of Life worldwide

13.09.22|James Spiro
Startup Nation jumped three spots in a year due to its overwhelming score in internet affordability in times of high inflation
New York Skyline ניו יורק

Report: 85% of American businesses will implement a ‘hiring freeze’ amid ongoing economic downturn

22.08.22|James Spiro
A majority of businesses say they will instead rely on freelance talent to fill in the gaps in their workforce
פגסוס NSO תוכנת ריגול פרטיות סייבר פריצה האקרים

Report: Israeli authorities request most Big Tech user data across Middle East and Western Asia

04.08.22|James Spiro
Cybersecurity company Surfshark analyzed the data requests by local authorities from companies such as Apple, Google, Facebook, and Microsoft
קו רקיע מרכז תל אביב Tel Aviv Business Center

Despite downturn, Israeli startups raise $9.8 billion in first half of 2022

13.07.22|Meir Orbach
While this figure represents a decline of 30% compared to the second half of last year, this is still a very impressive sum considering startups raised a total of $10.3 billion in all of 2020
מחשב PC אינטל NUC 12 גיימינג

Israeli gaming industry reached $8.6 billion in revenue in 2021

11.07.22|CTech
Israel is home to some 190 gaming companies with around 14,000 employees, a 250% increase from 2017
דרור בין מנכל רשות החדשנות

Over 30,000 openings in Israeli high-tech despite economic slowdown

11.07.22|Meir Orbach
A survey conducted by the Start-Up Nation Policy Institute and the Israel Innovation Authority showed a 250% increase in job openings for non-technological positions in high-tech in Israel
דרור בין מנכל רשות החדשנות

Israeli government not investing enough in R&D, reveals Innovation Authority report

11.05.22|Meir Orbach
Israel was in first place in the OECD in R&D expenditure as a percentage of GDP in 2020, but was in last place in government expenditure. According to the report, there are currently 360,000 people employed in high-tech in Israel, 235,000 of which are Jewish men
תימור ארבל סרדס מנכלית לאומיטק

Israeli high-tech companies raise $5.6 billion in first quarter of 2022

13.04.22|Meir Orbach
Cybersecurity and fintech were once more the leading sectors, raising $1.8 billion and $985 million, respectively, in the first three months of the year
קו רקיע מרכז תל אביב Tel Aviv Business Center

Israel institutions' high-tech investments jump five-fold to $900 million in 2021

04.04.22|Reuters
The rise came on the back of the Israel Innovation Authority's push in 2020 to encourage more institutional investment in tech by providing a government-backed safety net
Omry Tomer Viola

Israel’s massive fintech year confirms the sector as a powerhouse

17.03.22|James Spiro
A new report from Viola Group has highlighted the impact that fintech had on Startup Nation in 2021
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