[ad_1] The September determine was the very best month-to-month determine for startup elevating since August 2022. Israeli startups raised over $950 million in September 2023, in keeping with press releases seen by “Globes.” The determine could also be extra as some firms favor to stay in stealth and generally don’t publicize the investments they’ve obtained. Within the first 9 months of 2023 Israeli startups have raised simply $5 billion, in contrast with $12.37 billion within the corresponding 2022, and a file $25.6 billion in all of 2021, greater than double 2020’s determine of $10 billion, which was…
Author: Globes correspondent
[ad_1] Israel’s Shopper Worth Index (CPI) rose by 0.5% in August. Within the twelve months to the tip of August, the index rose by 4.1%. The figures launched by the Central Bureau of Statistics got here as an disagreeable shock, as analysts had been predicting a 0.3%-0.4% rise within the CPI in August. The Financial institution of Israel’s goal vary for annual inflation is 1-3%. There have been notable rises in transport, up 1.8% final month, in tradition and leisure, up 1.3%, and residential upkeep, up 0.7%. Clothes and footwear fell by 2.5%. The rise in rents for brand…
[ad_1] US cybersecurity firm Tenable (Nasdaq: TENB) at this time introduced that it has signed a definitive settlement to accumulate Israeli cloud safety firm Ermetic for $265 million – $240 million in money and $25 million in shares. “Globes” reported on Tuesday that the 2 firms had been within the superior phases of negotiations. The acquisition is anticipated to shut early within the fourth quarter 2023, RELATED ARTICLES #2 Ermetic: Securing cloud exercise Ermetic has developed a totally built-in cloud-native utility safety platform, and gives…
[ad_1] Israeli cloud safety firm Upwind has introduced the completion of a $50 million financing spherical led by Greylock Companions, Cyberstarts and Leaders Fund. NBA star Stephen Curry’s Penny Jar Capital and former Israeli NBA star Omri Casspi, additionally participated within the spherical. Upwind says it has raised $80 million because it was based final yr. Upwind has developed a safety platform that protects cloud infrastructure in actual time by leveraging runtime information to supply enterprises with complete visibility into their cloud functions and infrastructure. RELATED ARTICLES NetApp buys Israeli cloud…
[ad_1] Israeli cybersecurity firm Wiz is contemplating submitting a proposal to purchase Israeli cybersecurity firm SentinelOne (NYSE: S), “Bloomberg” experiences. Wiz spokesperson Tamar Harel instructed “Bloomberg” that the agency was learning the potential acquisition of SentinelOne. Harel added that Wiz has been monitoring SentinelOne’s “development journal for the previous a number of years” and famous that there are a couple of corporations that might complement Wiz’s providing and assist develop its platform. SentinelOne’s share value rose 3.3% on Wall Road yesterday to $16.57, giving a market cap of $4.839 billion. RELATED ARTICLES …
[ad_1] The US cybersecurity firm is in superior talks to purchase the Israeli firm for $200-300 million, “TechCrunch” reviews. US cybersecurity firm Crowdstrike Holdings (Nasadaq: CRWD) is upfront talks to accumulate Israeli cloud safety posture administration platform Bionic.ai for $200-300 million, “TechCrunch” reviews, in response to sources. Based in Israel in March 2019 by CEO Idan Ninyo and CTO Eyal Mamo, the corporate has raised $82 million thus far in response to Begin-Up Nation Central. Its most up-to-date financing spherical was in March 2022, when it raised $65 million led by Perception Companions with participation from Battery…
[ad_1] US conglomerate Honeywell (Nasdaq: HON) has introduced that it has agreed to purchase Israeli cybersecurity firm SCADAfence. No monetary particulars had been disclosed however SCADAfence has raised $38 million to this point, in line with Begin-Up Nationwide Central, and is reportedly being bought for tens of tens of millions of {dollars}. Based mostly in Ramat Gan, SCADAfence offers cybersecurity options for operational expertise (OT) and Web of Issues (IoT) for monitoring large-scale networks and has confirmed capabilities in asset discovery, risk detection and safety governance that are key to industrial and buildings administration cybersecurity applications. Honeywell Linked Enterprise…
[ad_1] The Client Worth Index rose by simply 0.2% in Might, bringing the annual fee of inflation right down to 4.6%. Israel’s Client Worth Index (CPI) studying for Might was decrease than anticipated. The index had been anticipated to indicate an increase of 0.5%, however within the occasion it rose by simply 0.2%. The annual fee of inflation fell to 4.6%, the bottom since September 2022. The residential rents merchandise rose by 0.4%. The Residential Development Inputs Index fell by 0.1% in Might 2023. Within the twelve months to the top of Might, the index rose by…
[ad_1] Israeli cybersecurity firm SentinelOne (NYSE: S) noticed its share worth tumble on Friday after reporting its first quarter outcomes of fiscal yr 2024 and revising its forecast downwards for the second quarter of fiscal yr 2024. The corporate’s share worth fell 35.14% to $13.44, giving a market cap of $3.925 billion. SentinelOne reported income of $133.4 million within the first quarter, up 70% from the primary quarter of fiscal yr 2023. The corporate reported a GAAP internet lack of $106.9 million, $0.37 per share and a non-GAAP internet lack of $0.15, in contrast with $0.21 within the corresponding…
[ad_1] Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) right this moment introduced the conclusion of a full decision on its US nationwide settlement settlement on opioid claims introduced by US states, their subdivisions, and particular districts, by reaching a separate settlement with the ultimate state of Nevada. Teva pays Nevada $193 million over 20 years (together with all charges and prices), and this settlement resolves the case previous to trial, which had been scheduled to start in August 2023. RELATED ARTICLES Teva…