Meir Orbach / CTech:
Israel-based Weka, which makes data management tools for AI, ML, HPC, and research, raised a $135M Series D at a $750M valuation, after raising $73M in January — The Israeli startup doubled its valuation since its previous round in January despite the dramatic economic downturn
Meir Orbach / CTech:
Israeli startup Mesh Payments, which helps companies track and manage employee expenses, raised a $60M Series C led by Alpha Wave, bringing its funding to $127M — The Israeli startup’s solution gives finance teams more visibility into each payment, from SaaS subscriptions to employee expenses …
Meir Orbach / CTech:
Source: Israeli cybersecurity startup Cybereason laid off 200 employees, or 17%, after letting ~100 staff go in June and filing for a US IPO earlier in 2022 — This is the second round of layoffs at the company, which parted ways with around 100 employees in June
Meir Orbach / CTech:
Cybersecurity startup Snyk lays off 198 employees, or 14% of its staff, after laying off 30 people in July 2022; Snyk was valued at $8.5B in September 2021 — The Israeli-founded company raised $530 million at an $8.5 billion valuation last year — Israeli cybersecurity unicorn Snyk …
Meir Orbach / CTech:
Alphawave IP acquires Banias Labs, an Israel-based optical digital signal processing chip developer for data centers, for $240M — The Israeli startup, co-founded by veteran entrepreneur Avigdor Willenz, develops coherent optical DSP semiconductor technology for data centers
Meir Orbach / CTech:
Sources: Palo Alto Networks to buy Cider Security, which helps enterprises identify security risks in DevOps pipelines, for $200M in cash and $100M in shares — The startup, which develops an AppSec operating system, will receive $200 million in cash and $100 million in Palo Alto stock
Jon Victor / The Information:
Source: between Q1 2019 and this fall, Alphabet’s Google Cloud, hardware unit, and YouTube have roughly doubled headcount, as the total employee count grew ~80% — Alphabet has doubled the headcount in its Google Cloud unit since early 2019, according to data obtained by The Information, outstripping Alphabet’s overall hiring growth.
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