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The Gili Ra’anan model: Questions emerging from Cyberstarts' remarkable success
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Cybersecurity

20 stories about Cybersecurity
ג'ורג' קורץ 2 מנכ"ל קראודסטרייק CrowdStrike

CrowdStrike-Microsoft outage: A technological wake-up call

21.07.24|Omer Kabir
How a software glitch exposed the fragility of global systems 
מייסד פאלו אלטו ניר צוק ומייסד וויז אסף רפפורט

CrowdStrike's troubles open new doors for Israeli cyber companies

21.07.24|Sophie Shulman
The American company may not have been a household name in Israel or globally until this weekend's outage, but it is highly regarded in the cyber industry and is a major competitor to many Israeli cyber companies. 
מייסדי אקווה סקיוריטי מימין דרור דוידוף ו אמיר ג'רבי CTO

Cyber unicorn Aqua axes 10% of workforce

17.07.24|Meir Orbach
Aqua, which raised $60 million at a $1 billion valuation earlier this year, is laying off around 50 employees. 
מימין ניר צוק ו עומרי כספי

From Nir Zuk to Omri Casspi: The unexpected winners of the historic Wiz deal

17.07.24|Sophie Shulman, Meir Orbach
The Palo Alto Networks founder and NBA player turned VC are just two of the surprise winners in the deal. The likes of Shlomo Kramer, Mickey Boodaei, and Marius Nacht are also all set to make a handsome profit through their investment in Gili Raanan’s Cyberstarts fund, which is believed to hold a $900 million stake in Wiz.
Assaf Rappaport Wiz Dog

From Waze to Wiz: Google writing new chapter in Israeli tech history

14.07.24|Sophie Shulman
A small step for Google is a giant leap for Wiz and especially for the Israeli tech industry, which has been struggling to preserve its prestige and reputation in what has been the most challenging year and a half it has known. 
מייסדי וויז Wiz founders

Google in negotiations to acquire Wiz in $23 billion deal

14.07.24|Meir Orbach
According to the Wall Street Journal, Google parent Alphabet is looking to purchase the Israeli cybersecurity company in what would be its largest acquisition ever. Wiz raised $1 billion at a $12 billion valuation earlier this year.
CYBERPROOF

CyberProof laying off over 7% of workforce

10.07.24|Meir Orbach
The UST subsidiary is parting ways with 20 of 85 employees in Israel as part of the global cutbacks 
מייסד SOLA סקיוריטי גיא פלכטר עדכני

Cider Security founder nets $28M in Seed funding for stealth cyber startup

08.07.24|Sophie Shulman
Less than two years after selling Cider to Palo Alto Networks in a $300 million deal, Guy Flechter has raised a significant sum for his new cybersecurity project named Sola Security. Investors include S Capital, S32, and Michael Moritz
Wiz founders

War can't stop Israeli cyber growth

27.06.24|Sophie Shulman
Israeli cyber startups raised $2.9 billion between January and mid-June, compared to $1.9 billion in all of 2023 and $3.2 billion in 2022. There were also 12 exits in early 2024, compared to 21 in 2023, 16 in 2022, and a record 35 in 2021, according to a report by YL Ventures
Gaby Portnoy

"Iran is also cyber-attacking its allies"

25.06.24|CTech
Gaby Portnoy, DG of the National Cyber Directorate, also called for the establishment of an international joint defense and deterrence front. “It is a wonderful time to invest in Israel. We will remember those who show up on our side now,” added former Prime Minister Naftali Bennett at the Cyber Week conference at Tel Aviv University
מייסדי סמפריס מימין גיא טברובסקי , מיקי ברזמן , מתן ליברמן Semperis

Semperis enters unicorn club with $125 million round at over $1 billion valuation

20.06.24|Meir Orbach
The cyber company also named a new CFO, CRO and CLO as it continues to gear up for a potential IPO 
Entro founders

Entro Security raises $18 million Series A for non-human identity and secrets management platform

18.06.24|Meir Orbach
The Israeli startup’s platform helps security teams to implement and automate strong governance for secrets and NHI management, with real-time detection and response 
Andrew Merlin

Merlin Ventures appoints Andrew Smeaton as CISO-in-Residence

17.06.24|CTech
“With Andrew, our ability to stand out in the Israeli cybersecurity market and give added value to entrepreneurs will even increase,” said Managing Partner Shay Michel
האקר האקרים סייבר

Cyber attack shuts down Israeli pharma company's distribution

17.06.24|Omer Kabir
Rekah, a prominent local producer of medicines, cosmetics, vitamins, and nutritional supplements, said it is working "to contain the incident, locate and thwart it, and restore compromised systems to operation"
מייסדי Aim Security מימין מתן גץ (מנכ"ל) ואדיר גרוס (סמנכ"ל טכנולוגיות).

Aim Security closes $18 million Series A to secure GenAI enterprise adoption

17.06.24|Meir Orbach
Less than five months after announcing its Seed round, the Israeli startup has landed additional funding for its security platform that governs and secures AI use across the modern business environment 
גילי רענן

The Gili Ra’anan model: Questions emerging from Cyberstarts' remarkable success

13.06.24|Sophie Shulman and Meir Orbach
Calcalist reveals the mechanism behind Cyberstarts’ amazing returns: points worth tens of thousands of dollars are awarded to CISOs of organizations for deepening relationships with the fund's portfolio companies, aiding their growth. Is this model, which is increasingly questioned, one of the explanations for the fund's extraordinary success? Ra'anan said in response: "No CISO received compensation for purchasing products." 
מייסדי סייבריזן Cybereason מימין יוסי נער ליאור דיב ו יונתן שטרים עמית

Cybereason co-founders unveil new AI startup, raise $36 million in Seed funding

09.06.24|CTech
“With attackers harnessing the power of AI to unleash unprecedented levels of cyber assaults, the time has come to equip defenders with the same cutting-edge technology,” said Yonatan Striem-Amit, who founded Seven AI with Lior Div after leaving Cybereason last year 
מימין אסף רפפורט מ וויז ו אבי שוע מ אורקה

Cyber wars: Wiz denies Orca’s patent claims, strikes back with counterclaims

06.06.24|Meir Orbach
Patent dispute intensifies as Wiz rejects claims that it has infringed on any of Orca's patents, offering a counter-narrative highlighting its own technological advancements and market success
Eureka Liat Hayun Asaf Weiss

Tenable acquires Israeli cyber startup Eureka for tens of millions of dollars

06.06.24|Meir Orbach
Eureka had several offers before closing a deal with the American cyber giant 
פיגוע סייבר

Israeli startups dominate promising cyber companies list

04.06.24|CTech
The list, selected by Chief Information Security Officers (CISOs), security leaders, and startup investors, includes 30 companies in total, 12 of which are Israeli-founded. Gomboc, Oligo, and Wing were named among the 10 early-stage companies; Astrix, Descope, Gutsy and Grip at the mid-stage; and Cyera, Drata, Island, Orca, and Wiz at the growth stage 
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