May Walter

Another milestone for Israeli cybersecurity and YL Ventures: Aim Security, led by founders Matan G. and Adir Gruss, has been acquired by Cato Networks! From their $10M seed round in 2023 through their $18M Series A, we had the privilege of working closely with the team as they built one of the fastest growing cybersecurity companies in Israel, and the category leader of AI Security. From day zero, Aim set out with a bold vision: to give enterprises a way to adopt AI securely and responsibly. In two years, Matan, Adir, and their exceptional team turned that vision into a reality, building a company trusted by some of the world’s largest organizations. This achievement demonstrates the power of brilliant founders, strong teams, and conviction from inception. For YL Ventures’ $400M Fund V, this is a significant outcome and another marker of Israel’s unique ability to produce companies that matter on a global stage. https://lnkd.in/erHnKmfN

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AI unicorn Gong to add 100 jobs following revenue surge. The Israeli company has hit a $300M run rate and is growing its global presence with new offices, in addition to significantly increasing its local workforce. https://lnkd.in/eJ6GM93M

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MetalBear, an Israeli startup that created the open-source Kubernetes tool mirrord, has raised $12.5 million in Seed funding. The company aims to solve a major challenge in software development: testing code in realistic cloud environments. The funding round was led by TLV Partners and included investments from TQ Ventures, MTF, Netz Capital, and angel investors such as Sentry co-founder David Cramer and OpenTelemetry co-creator Ben Sigelman. Eyal Bukchin | Aviram Hassan 🔗 Read full article link in comment #metalbear #tlvpartners #startupnews #funding #israel #businessupdate

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BREAKING: Another Israeli cybersecurity rocket ship is taking off Vega just came out of stealth with $65M in funding and a $400M valuation. The round was led by Accel with participation from Cyberstarts, Redpoint, and CRV The founders are alumni of Unit 8200 — the legendary Israeli intelligence unit that has become a factory for cybersecurity startups. If you’ve been following the space, you know this pattern well Google is in the middle of finalizing its $32B acquisition of Wiz, one of the fastest-growing security companies ever. And now Vega is stepping onto the stage, aiming to become the next category-defining player VCs can’t get enough of Israeli cybersecurity right now, and it’s not hard to see why. The combination of elite technical talent, global security demand, and proven playbooks has created a breeding ground for billion-dollar companies Thoughts?

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🌐🇮🇱 Today in IsraelTech: Kela Technologies Acquires AI Startup Pelanor in First Major Deal Defense tech startup Kela, building an “operating system for militaries,” has made its first acquisition with the purchase of Pelanor, an Israeli AI company specializing in real-time cloud cost optimization and anomaly detection. Big step forward for Kela co-founders Hamutal Meridor, Alon Dror, Jason Manne, and Omer Bar-Ilan - and Pelanor’s founding team Matan Mates, Ido Kotler, and Yotam Tanay. Source: CTech Today's update is brought to you by The Recruitery - helping Israeli cybersecurity startups find top GTM talent across global markets.

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