NICE acquiring AI-driven proactive outreach provider LiveVox for $350 million

NICE acquiring AI-driven proactive outreach provider LiveVox for $350 million. LiveVox, which has an AI product portfolio centered on proactive customer engagement, was merged into a SPAC at a valuation of $840 million in 2021, but has since seen its share price slump.

Auto finance platform Lendbuzz lands $345 million at $1.1 billion valuation, including $300 million in credit. According to the company, across ten consecutive profitable quarters, Lendbuzz’s revenue increased 135% in 2022, and over 80% in the first half of 2023, exceeding $200 million of annual revenue run-rate.

Meta laying off employees in metaverse-oriented Reality Labs division. Reality Labs has significant activity in Israel, which could potentially also be hit by the layoffs.

Ermetic CEO: "Two years ago I would have said that I wanted to build a giant company, but the market has changed." Shai Morag discusses the thinking behind Ermetic's sale to Tenable, which officially announced the completion of its acquisition of the Israeli cybersecurity company for approximately $240 million in cash and an additional $25 million in restricted stock and RSUs.

Viola Credit raising new $200 million fund. The fund, which has successfully completed the first closing of $140 million in commitments, plans to extend loans to early-stage high-tech companies with valuations ranging from $20 million to $100 million.