Matan Hazanov’s Post

🇮🇱 Despite war, tech exits surge 78% in Israel, led by cyber and AI deals 🇮🇱 Despite the ongoing challenges in Israel, its tech sector has demonstrated impressive resilience in 2024 ↗️ The value of tech exits, including M&As and IPOs, surged by 78%, reaching $13.4 billion, up from $7.5 billion in 2023 ↗️ While the number of deals increased modestly to 53 (from 45 last year), the average deal size rose significantly by 51%, reaching $252 million 🏴☠️ Cybersecurity remained a leading sector, but there was also a rise in activity across other fields such as AI, enterprise software, and life sciences Notable deals include: ✅ NVIDIA's acquired 2 Israeli AI startups Deci AI (Acquired by NVIDIA) for $300 million & Run:ai (Acquired by NVIDIA)for $700 million ✅ Salesforce also made 2 significant acquisitions in Israel: Own Company for $1.9 billion and Zoomin for $450 million ✅ Blackstone acquired Priority Software for $800 million ✅ Johnson & Johnson bought V-Wave 🇺🇲 US buyers continue to lead the way with 31 deals worth $8.9 billion, accounting for 58% of the total transactions. Israeli acquirers were behind 15 deals totaling $3.2 billion. #IsraelTech #Cybersecurity #AI #MergersAndAcquisitions #Startups #TechExits Sources: PwC The Times of Israel

🚀 Historic Move in #Tech: Google's Largest Acquisition Ever! 🌐 We at CWS Israel are thrilled to discuss Google's groundbreaking decision to acquire the #Israeli #cybersecurity powerhouse, Wiz, for a staggering $23 billion. This deal not only marks Google's largest acquisition to date but also sets a new record for the largest exit in Israeli tech history. Wiz, which just two months ago was valued at $12 billion, has shown phenomenal growth, raising $1 billion in its latest funding round led by notable investors like Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital. Their innovative approach to cloud security has evidently set the stage for this monumental acquisition. This strategic move by Google underscores the global tech community's recognition of #Israeli #innovation. It also highlights the increasing importance of #cybersecurity in today's digital world. As Wiz integrates into Google, we anticipate a new chapter in cybersecurity solutions with significant implications for global tech standards. A special shoutout to Wiz's founders, CEO Assaf Rappaport, CTO Ami Luttwak, VP Product Yinon C., and VP R&D Roy R., who have turned their expertise into a billion-dollar enterprise. Their journey from military service to tech entrepreneurs is truly inspiring. Read more about this transformative deal https://lnkd.in/gwxvm5Fi #Cybersecurity #Google #Wiz #IsraeliTech #TechAcquisition #CWSIsrael #IsraeliTalent #Innovation #Tech Raz Chorev 🇮🇱🇦🇺🎗️Yulia Lavie 🇮🇱🇦🇺 Jackline K.

2024 - Hot bed for Israeli cyber growth #Israeli cyber startups raised $2.9 billion between January and mid-June 2024, 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. Talking to a North American VC, they felt that some of the 12 exits where possibly fire sales due to Valuation v ARR not being aligned - either way you ca't take away from the fact its a hot bed for #Cyber Start-Ups https://lnkd.in/e3EybEEw For more information on open positions, we are working on globally with our Portfolio Clients then contact Andrew Robinson FREC, louise robinson or Rebecca Beauchamp call us on +44 (0)1923 312435. Why not follow Paradigm Recruitment on https://lnkd.in/gssS9BWN  #paradigmrecruitment #hiring #careers #startup #recruitment #IPO #cybersecurity #cybercareers #cyberjobs #startupjobs #cloud #cloudsecurity #security #cloudsecurity #AI #Boiometrics #Analytics #MachineLearning #ThreatIntelligence #DarkWeb #IAM #PAM #CIAM #SIEM

#TechTalkTuesday From cybersecurity firms to health tech startups, Loudoun has a diverse range of tech companies who benefit from Loudoun’s incredible combination of connectivity, talent, resources, and economic and quality of life factors that make it an ideal location for tech businesses of all sizes. Whether just starting up, looking to scale, or aiming to soar and expand, Loudoun County provides the foundation for success in a competitive and ever-evolving tech landscape. Check out our latest blog, "See and Be Seen: Investing and Expanding in the Loudoun Tech Market," where we talk about the #LoudounPossible opportunities and successes for today's #techbusinesses. https://hubs.li/Q032fJ5G0

Are you running a cybersecurity based startup? Then this grant is for you. . . . Cyber-security is a growing field and it is believed to have potential growth opportunities in the future. Keeping this in mind, I am here to inform you about a grant provided by the Singapore government to grow your startups in Singapore. This grant provided by the Singapore government is called the Smart Nation Innovation Grants. These grants are part of Singapore's ambitious Smart Nation initiative, designed to foster innovation across various domains such as AI, cybersecurity, and urban mobility. For cybersecurity startups, this represents a golden opportunity to secure significant funding and government support to bring pioneering solutions to market. Please note down these key benefits of this grant: 1. Receive up to S$5 million per project, with co-funding covering up to 80% of eligible expenses. 2. Benefit from direct access to government agencies and critical data, enhancing your project's development and deployment phases. 3. With financial and institutional support, scale your solutions effectively within Singapore and beyond. The grants are open to individuals, startups, and consortia who can demonstrate innovative solutions aligned with Smart Nation objectives. The selection process is competitive, emphasizing the project's alignment with national goals and its potential impact. For more details about the grant, please DM me. I will help you to the best of my knowledge. Follow Krishnamani Kannan for more. #CyberSecurity #SmartNation #InnovationGrants #Startups #GovernmentFunding #TechInnovation #SingaporeTech #AI #UrbanMobility #DigitalTransformation

🚀 Exciting Announcement! 🚀 We are thrilled to introduce J&M Technology, your new Managed Service Provider (MSP) partner! With over 20 years of combined experience in the IT world, our team is geared up to revolutionize the way startups and SMEs navigate technology challenges. At J&M Technology, we understand the unique needs of growing businesses. That's why we're committed to providing tailored IT solutions that empower startups and SMEs to thrive in today's digital landscape. 🔍 What sets us apart: ✅ Over 20 years of combined experience in the IT industry ✅ Dedicated to serving startups and SMEs ✅ Customised solutions to fit your business needs ✅ Proven track record of excellence in service delivery Whether you're looking to enhance cybersecurity, streamline operations, or scale your IT infrastructure, J&M Technology is here to support you every step of the way. Get in touch today to learn more about how we can help your business succeed! #ManagedServiceProvider #Startups #SMEs #TechnologySolutions #ITSupport

Big moves in 2024! The top companies acquiring startups this year include Google, Microsoft, Cisco, and Apple, focusing on AI, cybersecurity, and fintech innovation. Who do you think leads the future of tech? . . . . #top10 #startup #worldwide #companies #google #microsoft #salesforce #accenture #apple #meta #ibm #amazon #oracle #cisco #viralpost #trendingpost #viralnews #goviral #rahulmalodia #businesscoach #acquired #businessnews 

2024 - Hot bed for Israeli cyber growth #Israeli cyber startups raised $2.9 billion between January and mid-June 2024, 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. Talking to a North American VC, they felt that some of the 12 exits where possibly fire sales due to Valuation v ARR not being aligned - either way you ca't take away from the fact its a hot bed for #Cyber Start-Ups https://lnkd.in/e5dHzXAG For more information on open positions, we are working on globally with our Portfolio Clients then contact Andrew Robinson FREC, louise robinson or Rebecca Beauchamp call us on +44 (0)1923 312435. Why not follow Paradigm Recruitment on https://lnkd.in/gssS9BWN  #paradigmrecruitment #hiring #careers #startup #recruitment #IPO #cybersecurity #cybercareers #cyberjobs #startupjobs #cloud #cloudsecurity #security #cloudsecurity #AI #Boiometrics #Analytics #MachineLearning #ThreatIntelligence #DarkWeb #IAM #PAM #CIAM #SIEM

Despite fears that 2024 would be a particularly challenging year, the cyber industry defied expectations. Wiz, for instance, raised $1 billion at a $12 billion valuation, completed several secondary deals at even higher valuations, rejected a $23 billion acquisition offer from Google, and acquired three companies—two of which were Israeli. Cyera raised $600 million at a $3 billion valuation, while Armis, which had already exited once, raised $200 million at a $4.3 billion valuation. Overall, cyber companies raised 38% of the total funding netted by Israeli tech companies in 2024. In 2025, this momentum is expected to accelerate. Many cyber companies are reaching maturity, which will likely lead to more significant fundraising rounds. These companies will also find numerous acquisition targets eager to align with their growth trajectories. Notably, Shlomo Kramer’s Cato Networks is expected to go public this year, marking a major milestone for the industry. https://lnkd.in/dUrk2WZt