California leads with 32, followed by New York with 26, Massachusetts with 10, and New Jersey with four, according to the report.

The round was led by Tiger Global Management with participation from companies like Citi Ventures, and Israeli crowdfunding platform OurCrowd. 

The funding for the B2B payments platform comes just six months after Balance announced a $5.5 million seed round.

The announcement comes on the heels of last week's news that Outbrain had filed for a proposed initial public offering.

Outbrain has grown to hold 18 offices worldwide and boasts an impressive 275 billion monthly recommendations in 14 different languages

Monday.com has teams in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Kiev and Sydney, and has raised over $200 million to date.

Israeli-founded firm Rapyd had a year of tremendous growth in 2020 due to massive adoption of global payments.

Three Israeli-founded companies made CNBC's Disruptor 50 list in 2019 for their forward-thinking strategies

The Massachusetts-based company founded by MIT alumni, including one Israeli, just raised $15 million, bringing its company to a total valuation that exceeds $1 billion.

The Swiss-based, Israeli-founded startup has announced that FIH Mobile, a subsidiary of the world's largest contract electronics manufacturer Foxxconn, will manufacture its Finney blockchain smartphone.