Israel Tech Daily
A short daily briefing on Israel's tech industry, in English: the funding rounds, acquisitions, IPOs, product launches, layoffs and scandals from the last day, explained in about six minutes. From Startup to Follow. Written from the day's reporting in English and Hebrew, with every source linked in the show notes, and voiced by AI hosts.
Upwind and a reported $4 billion Datadog offer, Visa's reported Fireblocks talks, and Wiz on a major PHP flaw
Reports say Upwind turned down a $4 billion offer from Datadog and Visa is in talks to buy Fireblocks, Wiz researchers help expose a major PHP flaw, and 2Delta gets backing from Bill Ackman and Eric Schmidt.
Upwind reportedly turns down a nearly $4 billion acquisition offer from Datadog - The Information reported the offer and Globes says Upwind rejected it, while CTech says it learned the reported offer was not made.Sources: Globes, CTechVisa is reported to be in advanced talks to buy Fireblocks for about $2.5 billion - The report comes from Axios, and Fireblocks denies it.
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Sheba's ARC merges with Redesign Health, Mave raises $34 million, and Israel weighs a tax on tech options
Sheba Medical Center's innovation arm ARC merges with New York's Redesign Health, cyber startup Mave raises $34 million, Modelyo raises about $17 million, and a plan to tax unexercised options draws opposition.
Sheba Medical Center's innovation arm ARC Global merges with New York's Redesign Health - Calcalist puts the deal at tens of millions of dollars, paid to Sheba, with about 10% going to the state.Sources: Calcalist, PR NewswireCybersecurity startup Mave raises $34 million for AI agents that investigate security alerts - The total includes a $28 million Series A led by Red Dot Capital Partners.
Sources: Business Insider, WallaModelyo...
Elbit buys underwater drone maker ISE, RGo Robotics winds down, and XTEND shares hit a new low
Elbit Systems completes its purchase of Canadian underwater vehicle maker ISE, RGo Robotics sells licenses to its technology as it winds down, and XTEND falls to about a third of its listing value.
Elbit Systems completes the acquisition of Canadian underwater vehicle maker International Submarine Engineering - Elbit did not disclose the price, describing it as not material.Sources: Globes, CTech, The Jerusalem PostRGo Robotics winds down and sells licenses to its technology, including to John Deere's Blue River - Blue River will open its first R&D center outside the US in Israel, according to TheMarker.<...
Boomi buys Elementary, TTM pays $650 million for Ophir's optics business, and doubleAI launches Maxwell
Boomi buys Israeli data observability startup Elementary for about $40 to 45 million, TTM Technologies agrees to buy Ophir's Jerusalem optics business for $650 million, and Amnon Shashua's doubleAI unveils its first code execution model.
Boomi buys Israeli data observability startup Elementary for about $40 to 45 million - It is Boomi's third Israeli acquisition, after Rivery and Lunar.dev, according to CTech.Sources: CTech, Business WireTTM Technologies agrees to buy MKS's Ophir Optics business in Jerusalem for $650 million - The deal excludes Ophir's laser measurement business and the Ophir brand, which stay with MKS.
Sources: Globes, Yahoo FinanceAmnon Shashua's doubleAI...
Israel plans a 200 MW cap on data centers, OpenWeb staff threaten liquidation, and IAI faces an IPO deadline
Israel's Electricity Authority outlines a 200 megawatt cap on new data centers, OpenWeb's Israeli employees threaten to seek liquidation, IAI has six weeks to rescue its IPO plan, and senior managers leave monday.com.
Israel's Electricity Authority outlines a 200 megawatt cap on each new data center - Grid operator Noga received connection requests totaling about 27,000 megawatts, according to Calcalist.Sources: Calcalist, CTechOpenWeb's Israeli employees demand to be paid from company funds or they will seek liquidation - OpenWeb is under a court-appointed temporary trustee and in a dispute with its lender, Liquidity.
Sources: GlobesIsrael Aerospace Industries has...
Hex-Rays buys Ventris for up to $35 million, Rocket buys Geniez AI, and Gauzy's CEO leads a rescue
Belgian reverse-engineering firm Hex-Rays buys six-person Israeli AI security startup Ventris, Rocket Software buys mainframe AI startup Geniez, Gauzy's CEO leads a $7 million rescue, and John Paulson gives Hebrew University $250 million.
Hex-Rays, maker of IDA Pro, buys Israeli AI security research startup Ventris for $30 million to $35 million - Ventris has six employees, was founded in 2025 and never raised outside capital, according to CTech.Sources: CTechRocket Software buys Geniez AI, an Israeli startup building AI agents for mainframes - The price was not disclosed; Calcalist estimates it at up to $100 million.
Sources: CTech, Quasa.ioInvestors led by...
Proofpoint buys Varonis for $6.3 billion, researchers tie Discover-Tech ads to spyware, and Axonica raises
Thoma Bravo-owned Proofpoint agrees to buy Varonis for about $6.3 billion in cash, researchers say Israeli ad firm Discover-Tech helped deliver Candiru spyware, and Axonica Labs, Skapion and Zenzap raise money.
Proofpoint, owned by Thoma Bravo, agrees to buy Varonis for about $6.3 billion in cash - The $49.75 a share price is a 52% premium over the price before sale rumors began in June.Sources: Globes, CTech, Times of Israel, BizportalResearchers say Israeli ad firm Discover-Tech used online ads to track users and deliver Candiru spyware - Citizen Lab says 45 Al Jazeera devices were compromised; Discover-Tech did not respond.
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CrowdStrike in talks to buy Orion for $500 million, Salesforce buys Loops, and Freshworks buys Torii
CrowdStrike is in advanced talks to buy Israeli data security startup Orion for about $500 million, Salesforce and Freshworks sign Israeli acquisitions, CVC takes 40% of Fibrotex, and Microsoft cuts jobs at its Israeli R&D center.
CrowdStrike is in advanced talks to buy Israeli data security startup Orion for about $500 million - Orion was founded in 2024 and has raised $38 million.Sources: CTechSalesforce signs a deal to buy Israeli AI analytics company Loops, its tenth acquisition in Israel - CTech estimates the price at about $30 million; Loops will join Tableau.
Sources: Globes, CTech, MaarivFreshworks signs a deal to...
Amazon eyes Decart at $7 billion, HUB Security faces an insolvency petition, and One Zero cuts jobs
Amazon is reported to be in talks to buy Israeli-founded AI startup Decart for around $7 billion, a creditor asks for insolvency proceedings against HUB Security, One Zero lays off about 25 people, and Smotrich rejects a higher tax on stock options.
Amazon is in talks to buy Decart, an AI startup founded by three Israeli engineers, for around $7 billion - Anthropic had discussed buying Decart for about $6 billion before deciding against it in September.Sources: Bloomberg, TradingKey, Israel HayomA creditor asks the court to open insolvency proceedings against HUB Security - Consulting firm Asiag says HUB owes it...
Treasury weighs a tax break for founders, Mashinsky settles in New York, and Israeli cyber raises $2.4 billion
Israel's Finance Ministry is examining a capital gains exemption for tech founders, Celsius founder Alex Mashinsky settles with New York's attorney general, Israeli cyber startups raise $2.4 billion in a quarter, and Israeli defense firms exhibit in Morocco.
The Finance Ministry examines a capital gains exemption of up to about NIS 45 million for tech founders - The ministry is also considering raising the tax on employee options under Section 102.Sources: Bizportal, TheMarkerCelsius founder Alex Mashinsky settles with New York's attorney general and accepts a lifetime industry ban - The settlement carries up to $35 million in conditional payments.
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PCB Technologies buys Gorilla Circuits for $120 million, Rein Security raises $25 million, and HoneyBook cuts jobs
PCB Technologies agrees to buy Silicon Valley's Gorilla Circuits at a $120 million enterprise value, Rein Security raises $25 million to secure AI agents, HoneyBook and Silk cut jobs, and MonsterCloud's founder is charged in New York.
PCB Technologies agrees to buy Silicon Valley's Gorilla Circuits at a $120 million enterprise value - The deal needs CFIUS approval and is expected to close within eight months.Sources: CTech, PR NewswireRein Security raises $25 million Series A to secure the AI agents companies build - The round was co-led by Glilot Capital and Sienna Venture Capital.
Sources: CTech, GeektimeHoneyBook lays off...
A2Z Cust2Mate closes its Hedia deal, Silentium files for a New York IPO, and Link11 sues Reblaze's sellers
A2Z Cust2Mate completes its purchase of Israeli retail media firm Hedia, Silentium files to raise about $15 million on NYSE American, Link11 sues Reblaze's former owners, and Google settles two Israeli location-tracking class actions.
A2Z Cust2Mate completes its acquisition of Israeli retail media company Hedia - A2Z paid about $8.4 million in cash plus 833,333 shares, with up to about $6.7 million more tied to 2027 and 2028 targets.Sources: Pulse 2.0, Stock TitanSilentium files to raise about $15 million in a NYSE American IPO - The Nes Ziona company's first-half 2026 revenue fell 44% to $1.5 million, and its prospectus carries a...
Capitolis raises $220 million, Eon in talks at $7.5 billion, and BridgeWise weighs a Tel Aviv IPO
Capitolis raises $220 million from Citi and other banks at a $1.9 billion valuation, Eon negotiates a round at $7.5 billion or more, BridgeWise examines a Tel Aviv listing, and Covenant opens a factory in Germany.
Capitolis raises $220 million in equity and debt at a $1.9 billion valuation, led by Citi - Last week Capitolis agreed to buy eSecLending for $200 million, and says the new money will help complete the deal.Sources: Globes, CTech, Calcalist, iceEon in talks to raise hundreds of millions of dollars at a valuation of at least $7.5 billion - Eon's last round, in December 2025, valued it at $4...
Fidelity sells NextVision shares for $426 million, Advent's reset at Sapiens, and high-tech pay falls
Fidelity sells most of its NextVision stake for about $426 million, Advent's chairman on replacing Sapiens' management and 800 layoffs, high-tech pay falls 6.2% in July, and Revolut hires for an Israeli bank.
Fidelity sells most of its NextVision stake for about $426 million - Fidelity sold 5.7 million shares through Goldman Sachs and keeps about 3.1 million, under 5% of the drone camera maker.Sources: CTech, BizportalAdvent's Mike Ettling on replacing Sapiens' management and laying off about 800 people - Advent bought Sapiens for $2.5 billion last December and delisted it in Tel Aviv and the US.
Sources: CTechAverage high-tech pay falls 6.2% in July...
A trustee takes over at OpenWeb, HiBob's revenue climbs 44%, and the state owes defense firms NIS 17 billion
A Tel Aviv court appoints a temporary trustee for OpenWeb, HiBob's UK filing shows $237 million in 2025 revenue, Israel's big defense companies wait on more than NIS 17 billion, and Qtrex Quantum jumps 40%.
A Tel Aviv court appoints a temporary trustee for OpenWeb, which owes about NIS 177.5 million - Last week the court put a temporary receiver over OpenWeb's Israeli assets at its lender's request.Sources: CTech, CalcalistHiBob's UK filing shows $237 million in 2025 revenue, up 44%, with losses growing too - HiBob is registered in the UK and files annual accounts with Companies House.
Sources: TheMarkerIsrael's Defense Ministry owes...
Palo Alto tops NIS 1 trillion in Tel Aviv, HyperGuest raises $25 million, and Amnesty on Pegasus in Morocco
Palo Alto Networks becomes the first company worth over NIS 1 trillion on the Tel Aviv Stock Exchange, HyperGuest raises $25 million from Apax, Amnesty details Morocco's use of NSO's Pegasus, and Haredi women struggle to find tech jobs.
Palo Alto Networks becomes the first company worth over NIS 1 trillion on the Tel Aviv Stock Exchange - Palo Alto has traded in Tel Aviv since February 2026, after completing its $25 billion acquisition of CyberArk.Sources: CTech, Globes, Ynetnews, CTechHotel distribution company HyperGuest raises $25 million from Apax's mid-market arm - HyperGuest says it has processed more than $1 billion in transactions since...
Nebius buys Inferize, enso raises $15 million, and Snyk's layoffs in numbers
Nebius acquires ten-month-old Tel Aviv startup Inferize, enso raises a $15 million Series A, a UK filing details Snyk's 20% layoff, and an OpenWeb co-founder blames the founder's ouster for its fall.
Nebius acquires ten-month-old Tel Aviv startup Inferize for an estimated $100 million to $150 million - Inferize cuts GPU cold-start time; its team and technology join Nebius's Token Factory inference platform.Sources: Globes, CTech, CTech, ice, GuruFocusRapidAPI co-founder Mickey Haslavsky's enso raises a $15 million Series A led by MoreTech Ventures - enso builds AI agents for marketing and sales and has raised $23 million in total.
Sources: CTech, Forbes...
Nebius eyes another Israeli acquisition, a receiver for OpenWeb, and $2.77 billion raised in September
Nebius explores a $100-150 million Israeli acquisition, a Tel Aviv court appoints a temporary receiver for OpenWeb, Israeli startups raise about $2.77 billion in September, and Snyk's UK filings show slower growth.
Nebius explores buying an Israeli company for about $100 million to $150 million - Nebius already bought Israeli AI search startup Tavily for an initial $275 million, partners with AI21 and is building an AI data center in Modi'in.Sources: CTech, iceTel Aviv court appoints a temporary receiver for OpenWeb at its lender's request - Mars Growth Capital says it is owed about $20 million; the lien covers OpenWeb's Israeli...
Capitolis buys eSecLending for $200 million, Cato's $100 million secondary, and Reco raises $50 million
Capitolis acquires US securities lender eSecLending, Cato Networks staff and investors sell about $100 million of shares, Reco and Protego Ventures raise new money, and OpenWeb's court filing blames its lender.
Capitolis buys US securities lending firm eSecLending for $200 million in cash - The sellers are Parthenon Capital and eSecLending's management, and Parthenon is investing in Capitolis as part of the deal; it is Capitolis's fourth acquisition in five years.Sources: Globes, CTech, TheMarker, GeektimeCato Networks completes a secondary deal worth about $100 million, its second in just over a year - Globes reports hundreds of employees and existing...
Paragon heads for Nasdaq, Bluevine sells for $340 million, and OpenWeb files for insolvency
Spyware maker Paragon agrees a SPAC merger at a $1.25 billion valuation while its CEO plans a new startup, Valley National buys Bluevine, OpenWeb seeks court protection, and Wix's Base44 takes on Claude Code and Cursor.
Paragon, the spyware maker founded by former 8200 commanders, agrees a SPAC merger at a $1.25 billion valuation - Paragon and its US sister company REDLattice will merge with Nasdaq-listed Bold Eagle, with $335 million of committed capital. Paragon brings over $200 million of the combined $267 million in revenue.Sources: Globes, CTech, Reuters, The Business Journals, TheMarkerParagon CEO Idan Nurick is leaving to found a new...
