A look back at the Israeli cyber security industry in 2018

Yoav Leitersdorf Contributor More posts by this contributor Trends in Israel’s cybersecurity investments The drone race is off and running, with Israel in the lead Ofer Schreiber Contributor More posts by this contributor The state of Israel’s cybersecurity market Trends in Israel’s cybersecurity investments 2018 saw a spate of major cyber attacks including the hacks […]

Cisco to acquire silicon photonics chip maker Luxtera for $660 million

As networks get put under increasing pressure from ever-growing amounts of data, network equipment manufacturers are facing huge challenges to increase data transmission speeds over farther distances. As a premier networking equipment company, Cisco wants to be prepared to meet that demand. Today, it opened up its checkbook and announced its intent to acquire Luxtera […]

US tech giants decry Australia’s ‘deeply flawed’ new anti-encryption law

A group of U.S. tech giants, including Apple, Google and Microsoft, have collectively denounced the new so-called “anti-encryption” law passed by the Australian parliament last week. The bill was passed less than a day after the ruling coalition government secured the votes from opposition Labor lawmakers, despite strong objection from tech companies and telcos. “The […]

Australia passes ‘dangerous’ anti-encryption law after bipartisan compromise

Update, 12/6: The bill has now passed after the Labor party agreed to drop its proposed amendments — you can read full details of the bill here. Australia’s controversial anti-encryption bill is one step closer to becoming law, after the two leading but sparring party political giants struck a deal to pass the legislation. The bill, […]

Instana raises $30M for its application performance monitoring service

Instana, an application performance monitoring (APM) service with a focus on modern containerized services, today announced that it has raised a $30 million Series C funding round. The round was led by Meritech Capital, with participation from existing investor Accel. This brings Instana’s total funding to $57 million. The company, which counts the likes of […]

Rebuilding employee philanthropy from the bottom up

In tech circles, it would be easy to assume that the world of high-impact charitable giving is a rich man’s game where deals are inked at exclusive black tie galas over fancy hors d’oeuvre. Both Mark Zuckerberg and Marc Benioff have donated to SF hospitals that now bear their names. Gordon Moore has given away $5B […]

Chinese Tesla rival Nio files to raise $1.8 billion in US IPO

Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York Stock Exchange. Nio was started in 2014, initially as NextCar, by Bin Li, an entrepreneur who founded online automotive services platform Bitauto. The company is backed by Chinese […]

Cisco is buying Duo Security for $2.35B in cash

Cisco today announced its intention to buy Ann Arbor, MI-based security firm, Duo Security. Under the terms of the agreement, Cisco is paying $2.35 billion in cash and assumed equity awards for Duo. Duo Security was founded in 2010 by Dug Song and Jonathan Oberheide and went on to raise $121.M through several rounds of […]

What every startup founder should know about exits

Benjamin Joffe Contributor Benjamin Joffe is a partner at HAX. More posts by this contributor 70 years of VC innovation 2017 crowdfunding guide The dream of a startup founder can often be summarized by the following well-intentioned, and mostly delusional, quote: “We’ll raise a few rounds and in a few years we’ll IPO on Nasdaq.” But […]

Balbix raises $20M for a predictive approach to enterprise cybersecurity

Security breaches are a disaster for corporate companies, but good news if you’re someone who offers preventative solutions. In 2018, wide-ranging attacks on the likes of Equifax, Sony Pictures and Target have only added value to those charged with safeguarding companies. Balbix, one such solutions provider, has pulled in a $20 million Series B to grow […]