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Valued at $1 billion two years ago, the company is mainly being bought for its $150 million in cash and less for its API platform.

ScaleOps optimizes resources with its fully automated, real-time cloud resource management platform powered by AI.

Representatives of the Ministry of Defense DDR&D, venture capital investors and entrepreneurs participated in a conference for startups operating in security, which was held at the initiative of the Fusion Fund and the Pearl Cohen law firm.

Upwind, cofounded in 2022 by CEO Amiram Shachar, who previously founded cloud security management company Spot.io, which was sold to NetApp for $450 million in 2020, is raising the money at s $850-900 million valuation, "TechCrunch" reports.

The acquisition price has not been disclosed, but it is estimated at $300 million, which represents a handsome return for investors in the Tel Aviv-based startup.

The Dangoor Health-Tech Academy will foster collaboration between Israeli startups and Britain's National Health System, initially focusing on AI or automation-driven healthcare solutions.

Israeli privately-held tech companies raised over $8 billion in the first ten months of 2024, up from $6.9 billion in all of 2023.

Elad Raz, CEO of Israeli chip unicorn NextSilicon insists that the company's new Maverick chip beats Nvidia's chips in terms of performance-to-power-consumption ratio.

Verax AI develops enterprise-grade software solutions that provide visibility and control of AI in production.

MIND was cofounded in 2023 by CEO Eran Barak, who previously founded Hexadite which was acquired in 2017 by Microsoft for $100 million.

The new investment has been led by US fintech company Fiserv at a valuation of $2 billion, "Globes" has learned.

The company has developed a device for the treatment of transcatheter tricuspid regurgitation (TR) using a revolutionary cross-caval technology.

The property management software company plans to expand its Tel Aviv workforce from 50 to 200 employees over the next 18 months.

The cybersecurity company's valuation has risen $900 million since its most recent financing round less than three years ago.

The Israeli company aims to establish gait analysis as a mainstream tool in health monitoring and improvement.

The Israeli DSPM company will pay $162 million in cash and shares for Trail Security, which was only founded last year.

Israeli startups participated alongside veteran defense companies Elbit Systems, IAI, and Rafael to highlight drone interception capabilities.

The Yokneam based company has developed a nasal drug delivery system to precisely target areas of the nasal cavity to enable enhanced systemic, local or even direct-to-brain delivery.

After criticizing Israeli actions in Gaza, Paddy Cosgrave said last year's Web Summit was the worst in its history. But he expects a 30% increase in revenue this year.

Since its founding in January 2024, the startup has already raised $127 million in three financing rounds.

Israeli privately-held tech companies raised $7.2 billion in the first nine months of 2024, according to IVC-LeumiTech.

The IATI-RISE report is in almost complete contradiction to yesterday's IVC-LeumiTech report on Israeli startups.

Nym has automated the entire US healthcare medical coding process to deliver a faster, more cost-effective solution that outperforms traditional manual coding.

Tech salaries are rising in Israel but research by IBI Capital found that options offered to employees was down 12.6% in the first half of 2024.

The Israeli startup has developed an AI model to make consumer purchasing decisions.

Israeli startups raised $7.22 billion in the first nine month of 2024, IVC-LeumiTech reports.

The agreement is worth an initial $18 million to Immunai, developer of an AI-based model for making drug development more efficient.

Bloomberg reports that discussions are taking place on Wiz shareholders offering shares at a valuation of up to $20 billion.

The acquisition of the data management for unstructured data company is the US software giant’s second acquisition in Israel this month.

Estimates are that the Tel Aviv-based Security Operation Center (SOC) raised the money at a valuation of $700 million.