Meta layoffs: Employees paying the price for excessive growth

Meta layoffs: Employees paying the price for excessive growth.?The huge layoffs planned by Meta this week, which will include thousands of employees, may also reach its centers in Israel. The technology companies that experienced tremendous growth during the pandemic are now paying the price for inflating their organizations, and the big test awaits them at the end of the year.?Read more

VERITI secures $12 million to close security gaps.?The Israeli startup provides a consolidated management layer that continually and proactively monitors exposure to threats and provides actionable remediation paths for security gaps and high-risk vulnerabilities.?Read more

Everybuddy Games raises $15 million Series A to build on Lucky Buddies success.?Since its official launch in the first quarter of this year, casual mobile game Lucky Buddies has attracted hundreds of thousands of players from all over the world.?Read more

Wib raises $16 million for API security platform.?The Israeli startup’s solution provides complete visibility across the entire API landscape, from code to production.?Read more

Israeli startups leading the way in cutting edge foodtech innovation.?Alteco.io, Blue Tree Technologies Ltd. , Bountica , Eggmented Reality , Plantopia Bio. , ProFuse Technology , Sea2Cell , and Sweet Balance LTD. starred in the recent Demo Day held by local foodtech incubator FRESH START FoodTech Incubator IL .?Read more

Cato Networks achieves Centaur status after reaching $100 million in ARR.?The cybersecurity unicorn grew from $1 million to $100 million in revenue in just five years and said its SASE Cloud has been adopted by over 1,500 enterprise customers.?Read more

TOYGA places all 110 of its Israeli employees on unpaid leave.?The financial services company said it was taking the latest cutback measure due to an upcoming merger. Toyga laid off 50 employees six months ago.?Read more

Former President of Check Point now has sights on revolutionizing healthcare.?Amnon Bar-Lev, CEO & Co-Founder of Alike.Health , is building a solution to help consumers connect with patients with a similar medical condition to learn from each other about ways to cope.?Read more