CTECH: Israel’s Latest Innovation & Technology News Mar. 21, 2025
Munich Re acquiring Next Insurance at $2.6 billion valuation. The acquisition will see the digital insurer become part of Munich Re’s ERGO Group, expanding its presence in the U.S. small business insurance market. Read more
Wiz CEO: “Cybersecurity is becoming Israel’s equivalent of Wall Street.” Assaf Rappaport says the $32 billion Google deal marks a new era for Israeli tech. Read more
Wiz founders face $3.6 billion tax bill in Google deal. Israel set to collect billions in capital gains taxes from record-breaking acquisition. Read more
From Unit 8200 to Wiz’s $32B exit: The blueprint for Israeli cyber success. New data breaks down what makes Israel’s cyber entrepreneurs so effective. Read more
How Taiwan and Israel used innovation to turn challenges into strength and partnership. As Israel faces shifting alliances and new geopolitical realities after October 7, its ties with Taiwan have only strengthened. Bound by shared threats and a vision of economic resilience, the two nations are deepening collaboration in semiconductors, AI, and cybersecurity – turning technological innovation into a strategic advantage. Read more
The ripple effects of Google’s $32 billion Wiz acquisition. From Israeli venture capital to Big Tech’s cybersecurity race, the deal’s impact goes far beyond Wiz itself. Read more
The politics behind Google’s $32B acquisition of Wiz: A tale of antitrust strategy and strategic offers. Google’s sweetened deal with Wiz came after a series of antitrust policy changes under President Trump. Read more
Rippling-Deel scandal deepens as alleged mole is named in espionage case. Keith O’Brien, a Rippling employee accused of leaking trade secrets to Deel, was named in court as new details emerge about the alleged corporate espionage scheme. Read more
Utila raises $18 million Series A as institutional demand for secure digital asset operations grows. With stablecoins driving blockchain adoption, financial institutions face growing integration challenges. Read more
Israel’s cyber sector defies turmoil, raising $3.79 billion in 2024, a 56% surge. Early-stage investments grew, with 58 Seed deals in 2024—a 9.5% rise from the previous year—signaling a wave of new startups entering the market. However, the number of Series A deals dropped by 21%, and Series B deals plummeted by 36%. Read more
Google seals record-breaking $32 billion Wiz acquisition. Tech giant’s biggest-ever deal aims to strengthen cloud security dominance. Read more
From IDF Intelligence to a $32B Google deal: The Wiz founders’ epic journey. How four friends, united by their service in the IDF, turned their shared vision into a cybersecurity giant. Read more
Wiz leads the way: The top 10 biggest Israeli tech acquisitions of all time. Google’s record-breaking $32 billion deal reshapes Israeli tech’s biggest exits. Read more
Winners of the Wiz deal: The cyber elite profiting from Google’s massive buyout. Palo Alto Networks founder Nir Zuk and NBA player turned VC Omri Casspi are just two of the surprise winners in the deal. The likes of Shlomo Kramer, Mickey Boodaei, and Marius Nacht are also all set to make a handsome profit through their investment in Gili Raanan’s Cyberstarts fund, which is believed to hold a $1.3 billion stake in Wiz. Read more
Wiz founders to pocket over $3 billion each in Google deal. CEO Assaf Rappaport, CTO Ami Luttwak, VP Product Yinon Costica, and VP R&D Roy Reznik are each believed to hold an estimated 10% of the company. With all four being Israel residents, each will have to pay 25% capital tax and an additional 3% surtax, meaning they will be contributing hundreds of millions each in taxes. Read more
Google could pay Wiz $3.2 billion if acquisition falls through. The deal is set to face a lengthy regulatory review and is expected to close only in 2026. However, if the deal is ultimately canceled, Wiz could receive a massive payout from Google. Read more
Armis lays off over half of Otorio’s staff following $120 million acquisition. The cybersecurity company sheds 45 employees, with 25 based in Israel, as part of restructuring. Read more
Tray.ai acquires Israeli AI startup Vanti in a deal valued at tens of millions. Vanti specializes in developing AI agents for manufacturing and process optimization. Read more
The secretive Israeli cyber startup worth hundreds of millions—Vega Security raises $65M in stealth. Investors are rushing in, even as the company remains under wraps. Read more
Rapyd’s IPO ambitions gain momentum with $500M raise and PayU purchase. The Israeli fintech firm is growing fast—will its market debut be next? Read more
More high-tech workers are unemployed as industry growth stalls. The number of job seekers in high-tech has jumped by 12%, with engineers and IT professionals hit hardest. Read more
Israeli high-tech: From emergency response to smart, strategic philanthropy. “As the Israeli economy continues to recover, I believe the high-tech community should think of philanthropy as an integral part of its business model – not as a side activity but as a long-term strategy,” writes Maya Natan Mozer, Founder and CEO of Keshet – Donor-Advised Fund. Read more
