Palo Alto Networks in negotiations to acquire Talon Cyber Security in $600 million deal. Talon, which develops a secure enterprise browser, has raised a total of $126 million since it was founded in 2021. Read more

Legit Security nets $40 million Series B to secure application delivery from code to cloud. The Israeli startup’s ASPM platform continuously reduces application risk through discovery, analysis, correlation, and remediation of application vulnerabilities. Read more

C-Level tech salaries steadily decreasing, job search duration doubles. C-level executives are also feeling the impact of the poor job market, but not like lower-level employees, according to data collected from August 2022 to August 2023. Read more

BiblioTech | “There is probably an 80% consensus that free will is actually overrated.” Dr. Tomas Chamorro-Premuzic, author of “I, Human: AI, Automation, and the Quest to Reclaim What Makes Us Unique”, joins CTech as part of its new BiblioTech video series. Read more

qbiq secures $10 million in Seed for its GenAI real estate planning platform. The Israeli startup’s GenAI planning and visualization platform instantly creates customized layout alternatives and 3D virtual tours. Read more

CrowdStrike acquiring cyber startup Bionic for $350 million. The Israeli company was founded just four years ago and has raised $83 million to date. Read more

Cato Networks raises $238 million at over $3 billion valuation. Cato’s largest financing round to date brings total funding to $773 million, underscoring investor confidence in the fast-growing single-vendor SASE market. Read more

HR platform HiBob raises $150 million at $2.7 billion valuation. “We raised funds opportunistically because successful companies can turn market constraints into opportunities,” said CEO Ronni Zehavi, who also noted that the company is ready for an IPO. Read more

Court approves seizure of $30 million in assets from Vesttoo co-founders, execs. The request, submitted by the company and approved by the Tel Aviv District Court, included foreclosures totaling approximately $23 million on the assets of co-founders Yaniv Bertele and Alon Lifshitz, as well as foreclosures totaling $7.2 million on two former executives and a service provider. Read more

Darrow nets $35 million Series B to detect legal violations with AI platform. The Israeli startup’s platform leverages generative AI to sift through publicly available information, such as consumer complaints, administrative documents, SEC filings and more, and connect relevant data points to detect legal violations, predict their outcomes and assess their financial impact. Read more

Netanyahu’s Musk summit: More photo op than substance for Israel’s AI ambitions. What was notably absent from the conversation was any critique of Musk’s problematic attack on the Anti-Defamation League and, more importantly, any effort to promote Israel as a global hub for AI research and development. Read more

Investments in Israeli life sciences companies drops 40% to $1.4 billion in H1 of 2023. According to a report by the Israel Advanced Technology Industries (IATI) organization, the number of deals in H1 decreased at a higher rate, approximately 53%. Read more

CTalk | What can the gaming industry expect to see this year? Iris de Vries, ASO Manager at Bagelcode, spoke to CTech at Gaming 2023 about AI and how it can impact the ecosystem. Read more

Glassbox shareholders turn to court for bigger say after 75% drop in valuation. Ibex Investors, the largest shareholder in the company with a 32% stake, filed a lawsuit to compel Glassbox to include its candidate for a board position after the company previously ignored its requests. Read more

Salaries falling for senior high-tech roles, job search duration increasing. According to data collected from August 2022 to August 2023, the salary for positions that require at least eight years of experience has decreased across the board. Read more

Palo Alto Networks Founder: “Only a few dominant players will survive the cyber consolidation.” “In the end, every computing infrastructure market that matures undergoes significant consolidation, with only a few key players remaining,” Nir Zuk added in an exclusive interview with Calcalist, as Palo Alto continues to expand its Israeli offices, that are already responsible for annual revenue of around $1.5 billion. Read more

“Playtika intends to continue to invest in Israeli companies and continue to acquire Israeli firms.” Lior Kenan, SVP at Playtika Growth Ventures, was speaking during the Calcalist gaming conference. Read more

Google Israel Director: “Demand for AI technologies in gaming has quadrupled in the past year.” “AI is the third technological revolution after the internet and mobile phones. AI is present in all games, and looking forward, everything from game development to launches and analytics will be impacted as this advanced technology enters,” added Einat Nemesh. Read more

“Israel and Turkey are leading the Middle East gaming industry.” Eitan Reisel, Founder and Managing Partner at vgames, was talking on a panel at the Calcalist gaming conference in which he was joined by Adam Fisher, Partner at Bessemer Venture Partners, Eze Vidra, Managing Partner at Remagine Ventures and Roi Karo, Chief Risk and Strategy Officer at Fireblocks. Read more