Israeli cybersecurity startup Axonius raises $100M in latest funding round, valuing it at $1.2 billion

In a statement cybersecurity startup Axonius said, it has raised $100 million through a private funding round which was led by New York-based growth equity firm Stripes; the funding round valued the startup at $1.2 billion. The funding round, which came less than a year after Axonius’ last raise saw the startup’s total funding touch…

Israeli chip manufacturer Tower Semiconductor halts production following cyber attack

On Sunday, Israeli chip manufacturer Tower Semiconductor said, some of its systems have been hit by a cyber attack as a result of which it has placed on hold some of its manufacturing operations. “Tower has notified relevant authorities, and is working closely with law enforcement organizations and with a leading team of worldwide experts,…

Hackers used booby trapped text messages to retrieve data stored in cellphones

Amnesty International’s report details how booby-trapped text messages were used to collect information stored locally on cellphones. A research by Amnesty International has uncovered that hackers armed with sophisticated spying software have been targeting Moroccan human rights activists midst a government crackdown on protests in recent years. The report released by the British non-profit human…

Porsche invests undisclosed amount in TriEye

TriEye’s cameras, which uses short-wave-infra-red sensing technology, can see at night as well as in adverse weather conditions. Israeli startup TriEye, which has developed short-wave-infra-red sensing technology which enables cars to see in night time as well as in adverse weather conditions, has attracted $19 million in its latest funding round, which also saw the…

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Salesforce acquires Israeli software developer ClickSoftware for $1.35 billion

Salesforce sees synergy in the deal as it would help it accelerate the growth of its Service Cloud platform. On Thursday, U.S. cloud-based service provider Salesforce stated, it has signed an agreement to acquire ClickSoftware, an Israeli software developer, for $1.35 billion in cash and shares. The acquisition of ClickSoftware, which makes cloud-based field service…

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Cybersecurity firm Exabeam acquires Israeli-based cloud application security company SkyFormation for undisclosed amount

The deal has multiple synergies that bode well for Exabeam. Exabeam, a California-based cybersecurity firm stated it has acquired Israeli cloud application security company SkyFormation for an undisclosed amount. The financial details of the acquisition are yet to be disclosed. Exabeam’s first acquisition follows its recent $75 million funding round. The deal will enable Exabeam…

HP Inc collaborates with Israel’s Deep Instinct to prevent advanced cyber attacks

HP Sure Sense uses AI and deep learning to predict and prevent security threats. On Tuesday, in a statement HP Inc stated it is collaborating with Israeli cybersecurity firm Deep Instinct to launch HP Sure Sense. The collaboration is aimed at preventing advanced cyber attacks. Financial details of the deal have not been released. According…