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ISRAEL AT WAR - DAY 366

Israeli unicorns

Wiz's offices in Tel Aviv. (Courtesy)
February 5, 2024, 8:03 pm
Cybersecurity unicorn Wiz eyes major expansion, public stock offering
US-Israeli cloud security firm seeks to add another 400 employees over the coming year, including in Israel, and sets a goal of reaching $1 billion in annual recurring revenue
By Sharon Wrobel
AI21 founders (from right to left): Prof. Yoav Shoham, Ori Goshen, and Prof. Amnon Shashua. (Roei Shor Photography)
August 31, 2023, 3:02 pm
Backed by Google and Nvidia, Israel AI startup nabs $155m, soars to $1.4b valuation
Funding round makes AI21 Labs, a creator of AI generative text models co-founded by Amnon Shashua, a new Israeli unicorn
By Sharon Wrobel
Illustrative image of New York City, NY, USA. (TomasSereda; iStock by Getty Images)
April 25, 2023, 8:37 pm
New York City home to 30 Israel-founded tech unicorns, report says
US-Israel Business Alliance says companies worth at least $1 billion each have created over 14,700 jobs worldwide, are worth a combined $67.5 billion
By Luke Tress
Tel Aviv's financial business district skyline, June 2022. (Elijah Lovkoff via iStock by Getty Images)
March 22, 2023, 5:30 pm
Tel Aviv startup ecosystem ranks 2nd in Europe, Mideast and Africa, behind London
Tel Aviv is home to the fifth-highest number of unicorns worldwide; placed third in the world for cybersecurity investments, with startups raising $1.7b in 2022
By Sharon Wrobel
Illustrative: The Tel Aviv Stock Exchange. November 29, 2020. (Miriam Alster/ FLASH90/ File)
January 10, 2023, 5:21 pm
Israeli tech exits slump 54%, to lowest level since 2014, amid market downturn
2022 saw 120 completed IPOs or M&As with a total value of $20.6 billion, down from 261 exits with a total value of $23.6 billion in 2021, according to annual IVC-LeumiTech report
By Sharon Wrobel
Winter dragon sitting on rock at snowy mountains landscape. (iStock photos/klyaksun)
June 9, 2022, 2:00 pm
Daily Briefing June 9: Unicorns, centaurs, dragons! Israel’s fanciful startup sphere
Palestinian affairs correspondent Aaron Boxerman on the tragic death of activist Johara Khnifes; Tech Israel editor Ricky Ben David on the Tel Aviv opening of a Dubai trade office
By ToI Staff
An illustration of a centaur businessman and a businessman riding a unicorn. (rudall30 via iStock by Getty Images)
June 6, 2022, 12:09 pm
Out with the unicorns, in with the centaurs? A new tech milestone takes shape
Leading investment firm BVP says global tech and VC community should look to a horse of a different color to measure promising ventures
By Ricky Ben-David
Illustrative. Silicon Valley, California at dusk. July 2017 (yhelfman via iStock by Getty Images)
April 28, 2022, 4:08 pm
California now boasts 32 Israeli-founded tech unicorns
17 privately held companies set up by Israelis in the Golden State hit a $1 billion valuation in the past year
By Ricky Ben-David
A view of Times Square. Illustrative. (Leo Cunha Media via iStock by Getty Images)
April 27, 2022, 4:00 pm
New York City home to 26 tech unicorns founded by Israelis — report
14 Israeli-founded companies based in Manhattan have achieved $1b valuation, US-Israel Business Alliance data shows since mid-2021; 9 listed publicly
By Ricky Ben-David
Israeli company Innovid, the developer of a smart TV advertising delivery and measurement platform, debuts on New York Stock Exchange, December 1, 2021. (Innovid)
December 13, 2021, 2:44 pm
33 unicorns and $25b in funding: Israeli tech sector sets new records in 2021
Blockbuster funding year for local startups and companies is driven by massive investments in cybersecurity, fintech, and enterprise IT
By Ricky Ben-David
Tipalti employees in Israel. (Tipalti)
December 8, 2021, 7:08 pm
Israeli fintech firm Tipalti soars to over $8b valuation after $270m investment
Developer of payments and compliance tech quadruples value in one year; clients include Amazon, Twitter, Vimeo
By Ricky Ben-David
Illustration photo of the new 100 Israeli Shekel bill. December 31, 2017. (Nati Shohat/Flash90)
November 28, 2021, 3:07 pm
Booming global markets kept shekel ‘too strong,’ says ex-Bank of Israel deputy head
Weakening of Israeli currency as markets react to Omicron variant shows strong link between shekel and global stocks, says Nadine Baudot-Trajtenberg
By Shoshanna Solomon
Verbit's team, June 2021. (Eric Sultan)
November 23, 2021, 4:57 pm
Transcription firm Verbit raises $250m, doubling valuation to $2b
4-year-old startup entered ‘unicorn’ club just 6 months ago, says will use new funding to pursue acquisitions
By Ricky Ben-David
An aerial shot of Tel Aviv at night. April 15, 2018. (Photo by Mendy Hechtman/FLASH90)
November 11, 2021, 4:43 pm
Israeli entrepreneurs pay it forward as ‘scale-up nation’ takes shape
A growth mindset and the weight of seasoned serial entrepreneurs who mentor a new generation of founders are driving the tech industry forward, experts say
By Viva Sarah Press
The OpenWeb team. (Courtesy)
November 10, 2021, 3:14 pm
New York Times invests in Israeli firm OpenWeb at $1b valuation
Tel Aviv-based firm becomes Israel’s newest unicorn following $150m funding round with group of investors led by Insight Partners
By Ricky Ben-David
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