CYBERARK SOFTWARE
Visa unpredictability, not cost, is the biggest threat to Silicon Valley tech talent: Okta CEO Todd McKinnon
The Trump administration’s steep hike in H-1B visa fees may have rattled the US tech industry, but identity and access management player Okta is looking to India for both talent and growth, chief executive Todd McKinnon told ET in an interview. The proposed $100,000 fee for new H-1B visa applicants has left Silicon Valley scrambling and is forcing firms to reassess workforce strategies.
Israel's Glilot Capital raises $500 million for new AI and cybersecurity investments
The cash will go to two new Glilot funds - a seed fund, its fifth, and another that invests in early-stage companies called Glilot Plus. Glilot has realised 22 investments since its founding in 2011.
Israeli cybersecurity startup Vega raises $65 million, valued at $400 million
The funding, which included so-called seed and Series A funding, was led by venture capital fund Accel, with participation from venture capital funds Cyberstarts, Redpoint and CRV.
Israeli cyber startup Noma Security raises $100 million in private funding round
Noma Security said on Thursday it raised $100 million in a private funding round, bringing total funds raised to date to $132 million. Israel's cyber security sector has been active of late and many startups have raised significant sums in funding rounds and in mergers and acquisitions.
Palo Alto to scoop up CyberArk for $25 billion to tackle AI-era threats
Palo Alto Networks said on Wednesday it would buy Israeli cybersecurity firm CyberArk Software for about $25 billion, deepening its push to become a one-stop shop for businesses seeking protection from rising AI-driven threats.
Another major Israeli cybersecurity firm CyberArk sold in $25 billion blockbuster deal. What does it do?
In a significant cybersecurity deal, Palo Alto Networks is set to acquire CyberArk for $25 billion in cash and stock. This follows Wiz's recent $32 billion sale, marking another major consolidation in the industry. Palo Alto Networks aims to enhance its AI security capabilities by integrating CyberArk's identity security expertise.
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Palo Alto Networks in talks to buy CyberArk in deal worth over $20 billion: Report
Shares in CyberArk rose about 13%, while Palo Alto Networks' stock fell roughly 2%. Palo Alto Networks could finalise a deal for CyberArk as soon as later this week, the report said.
Cybersecurity firm SailPoint seeks up to $11.5 billion valuation in US IPO
SailPoint and parent Thoma Bravo are offering 50 million shares priced between $19 and $21 each to raise a total of up to $1.05 billion. Austin, Texas-based SailPoint is offering 47.5 million shares while Thoma Bravo is selling 2.5 million shares.
Google acquisition target Wiz another fruit of Israel's military intelligence
Google's parent Alphabet is in advanced talks to acquire Israeli cybertech firm Wiz, co-founded by Assaf Rappaport and Yinon Costica from Unit 8200, for $23 billion. Wiz, valued at $12 billion after $1 billion funding, demonstrates strong private investment in Israeli startups.
Critical infra organisations must upgrade security to avoid AIIMS-like attacks, say experts
Even as enterprises have increased their cybersecurity spends, experts said critical infrastructure such as power plants, hospitals and railways still run on older operating systems and have dated security measures.
What's driving India Inc's cross-pollination with Israel's cutting-edge technologies?
For I-bankers, two things stand out in the potential of such tie-ups —the makeup of Israel’s entrepreneurs and implications for Digital India in cybersecurity.
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