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high-tech

Israel struggles to fill high-tech jobs as employment numbers drop

Report warns Israel far from meeting high-tech workforce targets, as defense tech firms face severe talent shortages; 'This war has proven beyond a doubt that technological education is our Iron Dome'

Israel Wullman | 12.02.24

Swish Ventures led by former NBA star Omri Casspi completes $60 million seed fund

Fund to focus on early-stage Israeli startups in cybersecurity, cloud infrastructure and AI; Casspi describes high-tech sector as 'ambassador for Israel during these challenging times'

Ilan Levinsohn | 12.02.24

D.'s backside tattoos now worth $1.2 million

Behind the fortune: The cheeky bet that turned a backside tattoo into a $1.2M payday

Israeli gaming company SuperPlay's $700 million buyout deal excites more than just the founders, but also their friend whose bet turned him into a millionaire

Meir Orbach/Calcalist | 11.29.24

Wiz will be the biggest company of its field in the world: Top female cyber executive shares outlook

In an exclusive interview, Wiz's CMO & VP of Product Strategy forecasts how the cybersecurity company will eclipse its competition, why it was wrong to accept Google's lavish purchase offer, why connections with the group of founders is considered an opportunity and how she learned to embrace failure

Diana Bahur Nir | 11.29.24

Israel Tech Mission participants visit Google for Startups in Tel Aviv

Israel offers investment opportunities in tech, amid war

Few investors are visiting Israel, creating opportunity to invest in 9,000 startups at lower valuations; the third Israel Tech Mission brings 44 entrepreneurs and investors to connect with Israel's high-tech sector

Felice Friedson, The Media Line | 11.26.24

Salesforce completes $2 billion acquisition of Israeli unicorn Own

Israeli cloud backup firm, valued at $3.3 billion in 2021, sees decline in valuation with deal; primary beneficiaries include founders, Israel’s Vertex Ventures and US funds Insight, BlackRock and Tiger Global

Omer Kabir, Calcalist | 11.18.24

Despite war-induced economic strain, Israeli tech sees surge in massive fundraising rounds

Ongoing war, economic pressures and budget cuts haven’t slowed Israeli high-tech; recent fundraising shows sector's resilience, with new and smaller investors stepping in as major funds pull back; experts project 2024 investments could reach $10 billion

Tal Shahaf | 11.01.24

נוסע חרדי בשדה התעופה נתב"ג, עת היערכות לתקיפה איראנית

High-tech industry offers flights to US in private deal

Tech industry officials say tickets are to be sold at pre-war prices on chartered planes after most international airlines suspend flights to Israel leaving companies stranded

Calcalist, Meir Auerbach | 10.31.24

'Clear warning sign': Israel's high-tech employee numbers stagnate

New Israel Innovation Authority report shows number of new tech workers entering sector has diminished greatly since 2022; report commends sector for withstanding Gaza war

Israel Wolman | 09.23.24

Half of Israel's high-tech companies report canceled investments since start of war

Report by Start-Up Nation Central reveals that some 70% of companies are concerned about their ability to raise capital in the coming year, nearly half of the northern-based firms are considering relocating abroad, and most companies and investors lack confidence in the current government's ability to lead the industry’s recovery efforts

Israel Wullman | 09.12.24

Against all odds, Israeli innovations succeed as war impedes funding

Israeli companies like Dig Robotics innovate amid crisis, advancing AI and robotics despite a 55% drop in fundraising and logistical challenges

Maayan Hoffman, Veronica Neifakh, The Media Line | 09.01.24

Israeli tech companies continue to struggle amid war, local report shows

Data from Israeli group investing in 50 leading Israeli tech companies shows promising companies lost millions in valuation amid local and international troubles

Meir Orbach/Calcalist | 08.26.24

High-tech's growing influence: 36% of Israel’s income tax comes from tech workers

Over a period of six years, nearly 100 billion shekels were collected from the income tax payments of high-tech employees

Meir Orbach, CTech | 08.13.24

Wiz backs out of $23 billion Google deal, eyes IPO instead

CEO Assaf Rappaport announces in memo to employees company now eyeing ambitious IPO plan and $1 billion in annual recurring revenue within next year after talks with tech behemoth break down

News agency | 07.23.24

Amdocs to slash workforce by 3,000 in latest round of layoffs

Software giant aims to reduce workforce by up to 10% in order to 'adjust operations'; many of company's Israeli employees estimated to be affected

Meir Orbach/Calcalist | 07.19.24