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Facial recognition firm Oosto, formerly AnyVision, sold for $125M after raising $352M
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"Wiz is the world's fastest-growing cyber company and together we can build the largest security company to come out of Israel"
3
Warburg Pincus Signs Deal to Acquire Israeli Credit Card Issuer for $680 Million
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Survey finds 50% of high-tech startups in Israel may exhaust funds in six months
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"Everyone will be a manager" - what the world of work will look like with AI agents
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Sophie Shulman

20 stories about Sophie Shulman
דיויד קוסטמן מנכל שותף של אאוטבריין

Outbrain acquires competitor Teads in $1 billion deal

01.08.24|Sophie Shulman
The merger will create a major player in the online advertising space, presenting significant competition to Israeli company Taboola, with which Outbrain attempted to merge about five years ago. 
Mobileye Paris

Mobileye shares crash on disappointing results, 2024 guidance cut

01.08.24|Sophie Shulman
The autonomous vehicle systems manufacturer has lowered its forecast for the second half of the year after recording an operating loss of $94 million in the second quarter, almost three times that of the corresponding quarter last year, and a net loss of $86 million.
דרור בין מנכל רשות החדשנות

Israel's $155M fund to support 18 institutions in VC investments

31.07.24|Meir Orbach, Sophie Shulman
The program, Yozma 2.0, aims to close the gap in investments in Israeli startups, especially early-stage ones, which was created following the global slowdown and due to Israel's complex geopolitical situation.
ריצ'רד פרנסיס נשיא ו מנכ"ל חברת טבע

Teva posts impressive Q2 results, ups 2024 revenue forecast

31.07.24|Sophie Shulman
Strong sales of Austedo and Ajovy lead to double-digit growth for the Israeli pharma company.
צוות חברת אוטו טק Addionics אדיוניקס

EV battery tech startup Addionics nets $39 million Series B led by GM

25.07.24|Sophie Shulman
The Israeli company's low-cost drop-in solution integrates into existing production facilities, allowing battery manufacturers and automakers to increase production capacity while reducing manufacturing costs. 
מימין: מנכ"ל צ'ק פוינט העתידי נדב צפריר והמנכ"ל המייסד גיל שויד

Can Check Point's new CEO help it realize its full potential?

25.07.24|Sophie Shulman
Check Point has everything it needs to succeed and become a true cyber giant. What it lacks is exactly what incoming CEO Nadav Zafrir brings: an entrepreneurial spirit and boldness. Its success will depend, in part, on the ability of the mythical founder Gil Shwed to loosen the reins enough to change the company's DNA.
ג'יימי דיימון מנכ"ל ג'יי פי מורגן בישראל

JPMorgan CEO Jamie Dimon makes whirlwind visit to Israel

24.07.24|Sophie Shulman
Dimon's visit lasted only 48 hours. During this time, he met with the bank's clients in Israel, as well as with CEOs, senior high-tech entrepreneurs, and heads of financial institutions.
מימין: מנכ"ל צ'ק פוינט העתידי נדב צפריר והמנכ"ל המייסד גיל שויד

Nadav Zafrir to replace Gil Shwed as CEO of Check Point

24.07.24|Sophie Shulman
Zafrir will take up his post in December 2024 and will also be added to Check Point's board of directors. Shwed, who founded the company 30 years ago and has managed it since, will transition to the position of Executive Chairman. 
מייסדי סיאברה

Cyabra going public via SPAC merger at $70 million valuation

23.07.24|Sophie Shulman
The Israeli company's platform provides organizations and the public sector with actionable insights to counter everything from election interference to brand reputation attacks and impersonations.
מייסדי וויז Wiz founders

From IPO dreams to CrowdStrike’s crisis: Inside the collapse of the Wiz-Google mega deal

23.07.24|Sophie Shulman
The timing of CEO Assaf Rappaport's announcement that Wiz was walking away from the Google deal on the eve of the giant’s earnings report indicates that he was mulling the decision until the very last moment. The fear of becoming history at the age of 40, the blow received by competitor CrowdStrike, the attempt to raise the price, and the desire for a huge IPO were probably among the considerations that tipped the scales. 
מימין רפי מוסרי ו דניאל רודסבסקי מייסדי סלינה

Selina Hospitality files for administration, to be delisted from Nasdaq

22.07.24|Sophie Shulman
The hospitality chain has lost 99.5% of its value since going public at a $1.2 billion valuation in December 2021, currently having a market cap of just $20 million.
מימין רפי מוסרי ו דניאל רודסבסקי מייסדי סלינה

Selina: The end? Hospitality chain facing insolvency after defaulting on loan

21.07.24|Sophie Shulman
The hospitality chain has lost 99.5% of its value since going public, currently having a market cap of just $25 million. It is set to soon be delisted from Nasdaq after repeatedly failing to meet the exchange’s deadlines. 
מייסד פאלו אלטו ניר צוק ומייסד וויז אסף רפפורט

CrowdStrike's troubles open new doors for Israeli cyber companies

21.07.24|Sophie Shulman
The American company may not have been a household name in Israel or globally until this weekend's outage, but it is highly regarded in the cyber industry and is a major competitor to many Israeli cyber companies. 
אלכס בואזיז מנכ"ל ומייסד משותף של Deel

Deel acquires Hofy for over $100 million, completes third purchase in five months

18.07.24|Sophie Shulman
The current acquisition is part of Deel's strategic plan for 2024 to grow its workforce by more than 1,000 employees. Today, the company has over 4,000 employees in more than 100 countries, including 150 in Israel. 
מייסדי סמפריס מימין גיא טברובסקי , מיקי ברזמן , מתן ליברמן Semperis

Cyber propels Israeli startup funding, but is overdependence a risk?

18.07.24|Sophie Shulman
According to Startup Nation Central data, companies in Israel raised $5.1 billion in the first six months of the year, half of which came courtesy of cybersecurity companies. "Overdependence on cyber in the long term may come at the expense of other significant trends and opportunities for the ecosystem," said SNC CEO Avi Hasson.
יוסי כרמיל מנכ"ל סלברייט חדש

After helping FBI hack phone of Trump’s shooter, Cellebrite is acquiring CyTech

17.07.24|Sophie Shulman
The Israeli company, whose software helped the FBI crack the phone of the shooter who tried to assassinate Donald Trump last weekend, is acquiring CyTech, an American company holding a license to work on projects with maximum security classification in the USA. Cellebrite is establishing a subsidiary based on this acquisition that will focus on this market.
מימין ניר צוק ו עומרי כספי

From Nir Zuk to Omri Casspi: The unexpected winners of the historic Wiz deal

17.07.24|Sophie Shulman, Meir Orbach
The Palo Alto Networks founder and NBA player turned VC are just two of the surprise winners in the deal. The likes of Shlomo Kramer, Mickey Boodaei, and Marius Nacht are also all set to make a handsome profit through their investment in Gili Raanan’s Cyberstarts fund, which is believed to hold a $900 million stake in Wiz.
דונלד טראמפ רגע אחרי ניסיון התנקשות ב פנסילבניה 14.7.2024

FBI used Israel's Cellebrite's software to crack Trump shooter's phone

17.07.24|Sophie Shulman
According to the Washington Post, agents investigating the assassination attempt gained access to Thomas Matthew Crooks’ phone in just 40 minutes.
מימין דאלי ראג'ק ו אסף רפפורט wiz

From IPO dreams to a Google acquisition: Wiz's $23 billion journey

16.07.24|Sophie Shulman
Wiz, once focused on an IPO, ultimately embraced a massive buyout from Google, altering its growth trajectory. The acquisition is a testament to the fluctuating dynamics of the tech sector and investor influence. 
גיוס לסטארט אפ בינה מלאכותית לחירשים Nagish צוות

Nagish raises $11 million Series A to make communication accessible to the deaf

10.07.24|Sophie Shulman
The Israeli startup’s solution enables real-time transcription, adjustment of the text display to the user's needs, and an intuitive interface 
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