Elbit Systems Ltd. announced today that its US subsidiary, Elbit Systems of America, LLC, was awarded an approximately $26 million contract from the United States Customs and Border Protection ("CBP") to install an Integrated Fixed Towers ("IFT") system in the U.S. Border...
NSO, a company that has been lightning rod for criticism, has taken the most unusual step of announcing it has adopted a Human Rights Policy, which makes NSO the first...
Israel has a new unicorn. Today, the Israeli software company, Lightricks, announced it has raised $135 million in Series-C funding round, at a $1 billion valuation. This round was led by Goldman Sachs Private Capital Investing, with participation from additional investors, including:...
Founders Founded in 2015, Armis will be purchased by Incite Capital for a sum close to $1 billion. Armis specializes in developing security for IoT (Internet of Things). The company has raised $155 million to date, including $65 million in a recent round....
Today, Wix reported excellent results, with second quarter revenues totaling $184 million, up 27% from Q2 of last year. Collections totaled $199 million, up 25% from last year. Both numbers were higher than the company’s previous guidance. Cumulative collections from H1 '19...
Future Meat Leadership With meat alternatives an increasingly popular sector at the moment, Future Meat Technologies announced it has closed a $14 million Series-A Funding Round, led by S2G Ventures and Emerald Technology Ventures, a Swiss-based venture capital firm. The primary financiers were...
Intel Capital has led an A-Round of investment in TriEye Ltd., which totaled $17 million. Grove Ventures and Marius Nach the co-Founder of Check Point, also participated in this funding round. TriEye develops infrared imaging technology that allows autonomous vehicles to see...
Illustration of Traps Towed Active and Passive Sonar Elbit Systems Ltd. announced that it was awarded a contract valued at approximately $53 million to provide and integrate intelligence suites onboard vessels of the Navy of a country in Southeast Asia. The contract...
The third quarter of 2019 was another excellent quarter for Israeli start ups looking to raise money. A total of $2.24 billion was raised, making Q3 2019 the best quarter since 2013. The $2.24 billion was raised in a total of 142...
Elbit Gun Israel’s Defense sales dropped to $7.5 billion in 2018. This is down 18% from the record $9.1 billion sale of exports in 2017. The most significant drop was from sales to the Asian Pacific region, which dropped 35%, from $5.3 billion...