Search Results for: unicorn

The past year has been a period of great upheaval and uncertainty in Israel, yet the high-tech sector has proven steadfast, despite concerns over investment and durability and swathes of the workforce serving in the IDF reserves for long stretches at a time.  And as Israel navigates this time of war on multiple fronts – […]

Sheba Medical Center, the largest hospital both in Israel and the entire Middle East, has again been internationally ranked by Newsweek magazine, this time as one of the world’s best smart hospitals for 2025.  In February, Newsweek placed Sheba on its annual list of the world’s best hospitals overall, for the fifth time in six […]

Israeli cloud security startup Wiz has turned down a $23 billion acquisition offer from Google, the largest in the tech giant’s history.  Wiz analyzes infrastructure hosted in public cloud services for risk factors that could allow hackers to gain control of assets and obtain sensitive customer data. In an email to staff obtained by Forbes, […]

Israeli cloud-based workforce payment company Papaya Global has announced the launch of an online video “academy” for people and organizations wishing to be more strategic about payroll management.  The Papaya Global Academy video series includes 21 courses with 85 “expert-led” lessons in total, all of which are available for free on the company’s website. Papaya […]

Google parent company Alphabet is reportedly on the cusp of its largest acquisition ever, with the purchase of Israeli cloud security startup Wiz for $23 billion.  The deal would also be the largest in Israeli history, following the 2017 sale of autonomous vehicle firm Mobileye to Intel for $15 billion. It would also become Google’s second […]

AI data storage startup Weka.IO has become the latest Israeli-founded firm to reach the landmark valuation of $1 billion, following its Series E funding round that garnered $140 million.  Founded in 2013, Weka’s software defined storage (SDS) technology radically simplifies the way storage is deployed in a datacenter.   The latest round of funding, which was […]

Cloud security startup Wiz has announced a new funding round of $1 billion on a $12 billion valuation, which brings its overall funding to $1.9 billion.   Wiz analyzes infrastructure hosted in public cloud services for risk factors that could allow hackers to gain control of assets and obtain sensitive customer data. The company, founded in […]

US magazine Fast Company, which focuses on technological innovation, has included Israeli high-tech businesses among its prestigious annual list of the world’s most innovative companies.  From the list of companies from around the world, four are Israeli, joining the ranks of industry titans such as Google, Microsoft, Nvidia and OpenAI.  One of the four is […]

The vast majority of unicorns – companies valued at over $1 billion – that were founded in Israel now have their headquarters in the US. Eighty-eight out of Israel’s 98 unicorns have moved their HQ there, according to the United States – Israel Business Alliance (USIBA).   The US is now the headquarters of 88 […]

Israel is celebrating its 75th birthday. It is no longer an infant nation fighting for survival against hostile neighbors. Today (Wednesday, April 26) it marks a milestone in what has been a difficult development, punctuated all too often by wars, terror, economic crises and political turmoil. A spirit of determination, enterprise and innovation has earned […]

Israeli fraud protection company Riskified is moving all of its funds – which amounts to $500 million – out of the country. CEO Eido Gal came to the decision due to the Israeli government’s proposed judicial reforms, which many believe will undermine the country as a democratic state by severely weakening the Supreme Court. “The […]

Cloud security startup Wiz, founded just three years ago, has secured another $300 million in funding, taking its value to $10 billion. The company, founded in Tel Aviv and headquartered in New York, says it has become the world’s largest cybersecurity unicorn (company valued at $1 billion or more) and the fastest SaaS (Software-as-a-Service) company to […]

Snyk, an Israeli cybersecurity startup that identifies security breaches while applications are in development, has raised $196.5 million in a new funding round. The company, founded in 2015, is currently valued at over $7 billion, according to Globes. The financing round was led by the Qatar Investment Authority with participation from new investors Evolution Equity […]

DriveNets, a unicorn networking company, has secured $262 million in a Series C funding round.  It provides software-based routing solutions to build networks and increase growth and profitability. The funding round was led by D2 Investments with the participation of DriveNets’ current investors, including Bessemer Venture Partners, Pitango, D1 Capital, Atreides Management, and Harel Insurance […]

Neumann, ousted from his $47B empire, wins high-profile funding for a residential startup