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24/7
Headlines
15:55
Israel's NSO Group liable for hacking WhatsApp, says US judge
15:54
Unidentified drones: A challenge for the world, an opportunity for Israel
14:33
Amazon-backed robotics startup BionicHIVE shuts down with $18M debt
13:05
Full list of Israeli startup M&As in 2024
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Israeli fintech Morning acquired for $150 million by Italy's TeamSystem
2
Have missiles from the Iranian-backed Houthis discovered a loophole in Israeli air defenses?
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Can a tweet derail a $900 million cyber-tech deal?
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SQream CEO Ami Gal steps down after 14 years
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Israeli tech’s top 10 funding rounds of 2024: Wiz sets another record
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Softbank
20 stories about Softbank
Breaking the SoftBank: Who’s next on the chopping block?
27.06.22
|
Sophie Shulman
With the Japanese giant still reeling from the recent crisis, it's the Israeli companies in SoftBank's portfolio who are behind most of the recent local tech layoffs
AnyVision raises $235 million Series C led by SoftBank
07.07.21
|
Golan Hazani
The Series C is one of the largest ever funding rounds for an AI-based face recognition company and comes after it had previously raised a total of $115 million. AnyVision employs 240 people, half of them in Israel
AI startup Vianai Systems completes $140 million Series B
16.06.21
|
Meir Orbach
Ten of the company's 40 employees are based out of its Israel R&D center, which is set to double its workforce following the latest funding round
Can slow and steady win the startup race?
04.06.21
|
Sophie Shulman
Patrick Flesner, author of "Fast Scaling" sure thinks so. In an interview with Calcalist Flesner explains how big investments hurt startups and why investor funds only care about the winners
Israeli-founded Trax completes $640 million series E
07.04.21
|
Meir Orbach
Softbank and Blackrock lead the investment round that the company hopes will help make it a market leader
Tiger Global and Softbank pour $310 million into Redis Labs
07.04.21
|
Meir Orbach
Israeli database software developer closed a $110 million series G round at a company valuation of more than $2 billion in addition to completing a $200 million secondary transaction
Temasek, Trustbridge Aim For Majority Stake in WeWork China, Report Says
19.01.20
|
Adi Pick
Last month, Temasek and Trustbridge submitted a takeover proposal to SoftBank, WeWork’s largest backer, which valued the Chinese branch at approximately $1 billion, Reuters reported Friday
WeWork Continues Downward Spiral With $1.25 Billion in Losses for 3Q 2019
14.11.19
|
CTech
The New York Times and Bloomberg first reported the company has more than doubled its losses year-over-year
WeWork Lays Off Employees in New York
08.11.19
|
Hagar Ravet
New York-based employees of the coworking real estate company were called into a meeting Thursday, where some were handed notices
Softbank Invests Additional $200 Million in Cybereason
06.08.19
|
Hagar Ravet
The Japanese telecommunication corporation has now invested more than $350 million in the Israeli cyber company
Real Estate Tech Company Compass Raises $370 Million
30.07.19
|
Adi Pick and Hagar Ravet
The new round brings the total capital raised by Compass to date to over $1.5 billion
WeWork Reduces First Quarter Losses to $264 Million
16.05.19
|
Hagar Ravet
The company’s losses are mainly a result of its fast global expansion—WeWork currently operates approximately 650 spaces in 117 cities worldwide
Cybersecurity Firm Cybereason Recruits Former Cisco Exec Ghazal Asif
03.03.19
|
Adi Pick
Founded in 2012 by Israeli military intelligence units veterans, Cybereason specializes in endpoint detection and response software
Softbank Leads $30 Million Investment in Cloud Storage Startup Pliops
30.01.19
|
Hagar Ravet and Adi Pick
The company develops a storage processor with a low computational load, making networking and storage infrastructure more scalable
Insurance Company Lemonade Tops $57 Million in Revenue in 2018
27.01.19
|
Adi Pick
Lemonade is a for-profit corporation, but the company donates a portion of its unclaimed money to charities selected by its clients
Reports: Softbank Cuts Back on Planned WeWork Investment
08.01.19
|
Hagar Ravet
WeWork’s premier backer intended to invest $15 to $20 billion to become the co-working company’s majority stakeholder. Instead, Softbank now plans to invest $2 billion, the Financial Times first reported
SoftBank Leads $35 Million Round for Real-Time Sports Engagement Company Heed
03.10.18
|
Meir Orbach
Heed uses artificial intelligence to automatically provide users with real-time sports insights and analytics
Softbank Leads $400 Million Investment in Compass
27.09.18
|
Meir Orbach
The New York-based real estate startup completed a sixth funding round according to a $4.4 million valuation
Two Senior Executives to Leave Softbank-Backed Cybereason
16.07.18
|
Tofi Stoler
Chief marketing officer Mike Volpe and vice president Jonathan Shapira will both stay on as advisors
Japanese Prime Minister Shinzo Abe to Visit Israel
26.04.18
|
Adrian Filut
Mr. Abe is set to lead a Japanese business delegation to Israel. The Japanese prime minister last visited Israel in 2015
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