After months of secrecy, Israeli defense startup Kela unveils its vision with $39M in funding
CTech by Calcalist
CTech is a technology news site providing high impact stories from the Israeli tech scene
After months of secrecy, Israeli defense startup Kela unveils its vision with $39M in funding. The much-anticipated company, founded after October 7, is building an open platform to modernize military technology.
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.
Deel sued by Rippling for spying and stealing client data in HR tech giants' showdown. Rippling accuses Deel of industrial espionage, claiming stolen customer data and trade secrets.
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.
Layoffs loom as Intel’s new CEO moves to fix slow decision-making and chip production. Lip-Bu Tan believes middle management cuts and a foundry reset are key to a turnaround.
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