Akamai to Acquire Israeli Cybersecurity Firm LayerX for $205 Million
Akamai Technologies will acquire Israeli cybersecurity firm LayerX for $205 million, enhancing its Zero Trust portfolio with advanced AI usage control.
Business
Israeli Fintech Hypercore Launches AI Loan Administration Agent
Israeli fintech Hypercore launches the first AI-powered loan administration agent for private credit, automating tasks like payment reconciliation and investor.
Israel’s Quantum Machines Expands into Europe With Acquisition of QHarbor
Israeli quantum computing firm Quantum Machines has acquired Dutch TU Delft spin-off QHarbor and opened a new office in Delft, expanding its European presence.
10 Israeli Firms Join Global Sustainability Expo in Munich
The Foreign Trade Administration at Israel’s Ministry of Economy and Industry is leading a delegation of 10 Israeli companies to IFAT, ...
Tel Aviv’s ZyG Secures $60M in Series A Funding Round
Tel Aviv's ZyG has raised $60 million in Series A funding, led by Accel, to expand its AI-driven operating system for e-commerce growth into the U.S. market.
Israeli VC Veterans Launch AlphaDrive to Back AI-Cyber Revolution
Israeli venture capital veterans Yaron Elad and Elik Etzion have launched AlphaDrive, a $100 million investment fund focused on ...
Consumer Guilt May Be Costing Online Retailers Billions, Israeli Study Finds
Researchers at Tel Aviv University in Israel discovered consumer guilt over indulgent purchases drives billions in abandoned online shopping carts annually.
Tel Aviv-Based Cybord Raises $7 Million to Boost Electronics Supply Chain Security
Tel Aviv-based Cybord AI raised $7 million, led by Capri Ventures, to bolster electronics supply chain security with its Visual AI inspection platform.
Israel Moves Forward with Digital Currency Pegged to Shekel
Israel's Capital Market Authority has approved Bits of Gold to issue a shekel-pegged stable digital currency after a two-year pilot.
Israel Rejects Claims it Is Weaponizing Water in Gaza as Baseless
Israel's COGAT agency refutes Médecins Sans Frontières claims of "weaponizing" water in Gaza, stating water supply consistently exceeds humanitarian thresholds.