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Israeli cybersecurity startups hit $4b in 2024
Israel’s cybersecurity sector raised US$4 billion across 75 deals in 2024.
This marks a substantial increase from US$1.85 billion in 59 transactions the previous year.
Two companies, Wiz and Cyera, played crucial roles in this growth, raising US$1 billion and US$600 million, respectively.
The report suggests continued investment in new ventures next year, indicating optimism for growth in Israel’s cybersecurity industry.
Recent Wiz developments
| Timeline |
|---|
22-Nov-2024 🔒 Wiz acquires Israeli cyber firm at estimated $450m
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16-Nov-2023 🚀 Wize raises $16m to expand sustainable logistics in MENA
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30-Jan-2020 📚 Edtech startup WizKlub raises nearly $1m in seed funding
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28-May-2015 📈 Adtech wiz Bidstalk’s journey to acquisition traces the rapid evolution of online advertising
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18-Mar-2015 📈 Here’s some wizardry from Vizury to track customers everywhere – on web, mobile, and offline
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