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Facial recognition firm Oosto, formerly AnyVision, sold for $125M after raising $352M
2
"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
4
"Everyone will be a manager" - what the world of work will look like with AI agents
5
Survey finds 50% of high-tech startups in Israel may exhaust funds in six months
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Sophie Shulman

20 stories about Sophie Shulman
מימין עדי ויצהנדלר מאיר שטייגמן בני זוג מייסדי וואלו Valoo

Meitav raising $100M from institutional bodies to acquire shares in tech startups

10.07.24|Sophie Shulman
The fund will utilize the secondary platform of the Israeli company Valoo to close secondary deals with early-stage investors, entrepreneurs, or former employees who are looking to sell their holdings.
מייסד SOLA סקיוריטי גיא פלכטר עדכני

Cider Security founder nets $28M in Seed funding for stealth cyber startup

08.07.24|Sophie Shulman
Less than two years after selling Cider to Palo Alto Networks in a $300 million deal, Guy Flechter has raised a significant sum for his new cybersecurity project named Sola Security. Investors include S Capital, S32, and Michael Moritz
מחשב spacetop

AI adoption is happening and tech employees are paying the price

05.07.24|Sophie Shulman
Recent layoffs at Sightful and Lightricks are part of a larger industry shift towards AI. Tech companies need to prepare for the inevitable changes AI will bring. 
הלפטופ של סייטפול

AR laptop developer Sightful laying off a third of its employees

01.07.24|Sophie Shulman
After raising over $60 million, and a month after unveiling the Spacetop G1, the Israeli startup is parting ways with 20 of around 60 employees, announcing that it is shifting its focus from hardware distribution to software distribution
Wiz founders

War can't stop Israeli cyber growth

27.06.24|Sophie Shulman
Israeli cyber startups raised $2.9 billion between January and mid-June, compared to $1.9 billion in all of 2023 and $3.2 billion in 2022. There were also 12 exits in early 2024, compared to 21 in 2023, 16 in 2022, and a record 35 in 2021, according to a report by YL Ventures
מפגש עיתונאים ראשון עם נשיא ומנכל חברת טבע ריצ'רד פרנסיס

Teva settles $750 million tax dispute with Israeli authorities

25.06.24|Sophie Shulman
The deal with the Israel Tax Authority resolves all pending litigation related to taxes payable for the years from 2008 to 2020
וול סטריט בורסה ניו יורק

How the S&P 500 became the S&P 10

20.06.24|Sophie Shulman
The top 10 companies, led by Nvidia, are responsible for 60% of the increase in the S&P 500 this year. Can the rest catch up or is a crash looming? 
חדר נקי ב מפעל אינטל ב קריית גת

"Intel can no longer afford to build a production line without knowing in advance who its customers will be"

13.06.24|Sophie Shulman
The freeze on construction at the Kiryat Gat Intel plant is a severe blow to Israel, potentially creating ripples throughout the industry. This situation arises from internal troubles within the faltering company, which is hesitant to open a new plant without having customers, especially since subsidies abroad are much higher.
מפעל שבבים אינטל קרית גת

Intel halts construction of new $25 billion factory in Israel

10.06.24|Sophie Shulman
Intel's suppliers received notice of the cancellation of contracts for the supply of equipment and materials required for the establishment of the company's new factory over recent days. The Ministry of Finance was aware of the company's decision to halt the establishment of the plant. 
מטה סאפ SAP ולדורף גרמניה

Employee concerns, investor pressure, and security woes: WalkMe's exit is no celebration

06.06.24|Sophie Shulman
The enterprise digitization solutions company is being acquired by the German giant SAP for $1.5 billion, far below its 2021 IPO value. After the completion of the transaction, it is uncertain if SAP will maintain WalkMe's inflated workforce of 1,000 employees
חיילי מילואים בחזית

"Israel is becoming a pariah state, a hated country, and it’s trickling down to high-tech"

06.06.24|Sophie Shulman
High-tech executives point to the depth of the crisis in the industry: from the more extensive recruitment of employees from abroad at the expense of workers in Israel to the difficulty of raising money due to criticism of Israel.
נציגי ווקמי במעמד פתיחת המסחר במניה אתמול בנאסד"ק

SAP acquiring digital adoption platform WalkMe for $1.5 billion

05.06.24|Sophie Shulman
The Israeli company was valued at less than $880 million on Tuesday, meaning the offer of $14 per share represents a 45% premium 
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Fintech company Pagaya cutting around 20% of workforce in second round of layoffs

05.06.24|Sophie Shulman
The Nasdaq-traded firm is laying off 100 employees in total and is continuing to reduce its presence in Israel
ינאי עופרן

Biolojic Design lands drug discovery collaboration with Merck potentially worth up to 346 million euros

03.06.24|Sophie Shulman
The partnership will leverage Biolojic Design’s AI-driven discovery platform to design therapeutic antibodies for the treatment of cancer and immunological disorders. 
אמנון שעשוע מ מייסדי מובילאיי ו

OrCam cuts almost half of workforce in second round of layoffs in four months

03.06.24|Sophie Shulman
Amnon Shashua’s startup is laying off 100 employees, primarily in marketing and sales, four months after cutting 50 jobs  
מימין נועם ארקינד ו קובי מרנקו מייסדי ארבה

After falling 86% from its peak, Arbe is coming to Tel Aviv in search of fresh funding

03.06.24|Sophie Shulman
The chip developer for the autonomous vehicle industry was listed on Nasdaq three years ago at a valuation of half a billion dollars. Since then, it has burned through $100 million and emptied its coffers. The solution? Raising debt in Tel Aviv.
חיילים חיילי מילואים בגולן

Tech leaders to Netanyahu: Recruitment inequality could spark mass job migration

30.05.24|Sophie Shulman
"A law that exempts ultra-Orthodox from enlistment and burdens reserve soldiers with dozens of days a year will cause serious damage to human capital in high-tech and harm the economy's growth, which high-tech drives," the letter reads
תערוכת ויוה טק פריז

VivaTech exhibition shows that the threat to Israeli tech will not come from France

27.05.24|Sophie Shulman, Irit Avisar
Israel’s Business Delegation led by Calcalist and Bank Hapoalim toured the high-tech exhibition VivaTech in Paris, which is seeking to overtake Berlin as Europe’s main tech center. Much emphasis was placed on sustainability and fashion, artificial intelligence, but very little cyber - a relief for Israeli tech 
מייסדי Orca AI ירדן גרוס ו דור רביב

Orca AI raises $23 million for autonomous shipping platform

27.05.24|Sophie Shulman
The Israeli startup's system, already installed on ships operated by major companies including MSC and Maersk, reduces the number of marine accidents, optimizes sailing, and thus reduces fuel consumption and air pollution
כנס פריז - שולחן מיקרוסופט

"The main question for every startup is does it know how to leverage AI technology"

27.05.24|Sophie Shulman
At a round table on the AI ​​revolution, held as part of the business delegation to Paris, Erez Shachar, Managing Partner at Qumra Capital, estimated: "The medical field will be the fastest beneficiary of the adoption of AI capabilities." Israel Country General Manager at Microsoft, Alon Haimovich: "Through AI we enable each person to achieve more, and today we do this with the help of CoPilot, which is already implemented in almost all Microsoft technology" 
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