ScaleOps raises $58M Series B as demand grows for cloud automation solutions

ScaleOps raises $58M Series B as demand grows for cloud automation solutions. Offering a hands-off approach to cloud optimization, the Israeli startup’s platform automates resource allocation, helping companies avoid wasted spend and performance issues.

IntSights founders land $20M for PointFive to combat cloud cost wastage. The Israeli startup’s platform automates cost savings for enterprises managing cloud resources.

Israel’s AI startups dominate tech investment landscape. AI companies secured nearly half of the total tech funding in Israel, a striking figure given that AI startups comprise just 30% of the broader tech ecosystem. ?

OpenWeb founder’s attempt to regain CEO role fails in court. The judge cites a concealed resignation letter and confirms the board acted within its rights.

Israeli-founded gaming firm Plarium sold for up to $820M to Sweden’s Modern Times Group. Founded by two sets of brothers, Plarium transitions from Aristocrat, which acquired it for around $500 million in 2017, to a new chapter under MTG.