Category: Israel
Israel’s maturing cybersecurity startup ecosystem
It often feels like half of the new security startups that receive funding are from Israel. As YL Ventures’ Yoav Leitersdorf and Ofer Schreiber wrote last month, investments in Israeli cybersecurity startups increased to $1.4 billion last year, with average seed rounds of $4.7 million, up 30.5% from 2018. I…
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After closing its $2.2 billion latest tech fund, KKR adds top Cisco exec to its leadership team
KKR, the multibillion-dollar multistrategy investment firm, is beefing up its technology practice with the appointment of Rob Salvagno as a co-head of its technology growth equity business in the U.S. It’s a sign that KKR is taking the tech industry seriously as it looks for new acquisition and investment opportunities.…
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Virgin Orbit teams with ISI on rapid response satellite launch services for intelligence customers
Small satellite launch company Virgin Orbit is teaming up with Israel’s ImageSat International (ISI) to develop a launch services that would be able to deliver small satellite-based Earth observation on remarkably short notice, basically anywhere in the world. This is a service aimed specifically at national security and intelligence customers,…
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Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norway
Tencent, one of the world’s biggest videogaming companies by revenue, today made another move to help cement that position. The Chinese firm has made an offer to fully acquire Funcom, the games developer behind Conan Exiles (and others in the Conan franchise), Dune and some 28 other titles. The deal,…
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