Armis acquires Otorio for $120 million in latest move toward IPO
CTech by Calcalist
CTech is a technology news site providing high impact stories from the Israeli tech scene
Armis acquires Otorio for $120 million in latest move toward IPO. Company strengthens its OT/CPS security offerings as it eyes public markets. This is Armis' third acquisition in less than a year, previously acquiring AI security startup CTCI and risk prioritization startup Silk Security.
Dynatrace acquires Israeli startup Metis for tens of millions to enhance AI-driven database management. Metis was founded in 2021 by Roee Kriger (CEO) and Itay Brown (CTO) and has raised $5 million from UpWest and Spider Capital, as well as additional private investors. The company has approximately 10 employees in Tel Aviv.
Ilya Sutskever’s Safe Superintelligence eyes $2B funding as Israeli team quietly grows. The secretive AI startup expands in Tel Aviv while securing a soaring $30B valuation.
The Druze women coders of the Carmel Mountains. A growing number of religious Druze women from Daliyat al-Karmel are entering the world of high-tech with the help of Lotus, a program launched in 2019 that trains them to become front-end developers, providing mentorship, job placement, and a workspace.
How AI and automation are forcing architecture and construction into the future. While digital tools revolutionize design, the construction industry is struggling to keep up.