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Top Ten Israeli Startup Investment Rounds for 5781

Assaf Rappaport CEO and Co Founder Wiz (Company Photo)

The new year of 5782 starts on Monday night. Shana Tova to everyone. Here now is a list of ten of the biggest investment rounds held by Startup Nation over the past Jewish year.

AnyVision Raises $235 Million For Facial Recognition Tech
Israeli startup AnyVision is a facial recognition AI company. AnyVision has brought in an investment of $235 million from SoftBank Vision Fund 2i and Eldridge with further participation from existing investors. The technology can be used in security and defense.

Yotpo Raises $200 Million For E-Commerce Platform
In February, Israeli ecommerce firm Yotpo has raised $200 million. Founded in 2011 by Omri Cohen and Tomer Tagrin, Yotpo provides a platform with authentic rather than fake reviews of products by consumers. It also helps retail brands accelerate online revenue growth.

Former US Treasury Secretary Steve Mnuchin Invests Big In Cybereason $275 Million Fund Raise
Cybereason is an Israeli cybersecurity company, which provides protection against cyberattacks to both governments and businesses alike. Cybereason (Cyber + Reason) raised $275 million in new financing in June led by the former US Treasury Secretary Steve Mnuchin and his new fund Liberty Strategic Capital.

Cyberseason, already a unicorn, has tripled its valuation with the new funding to as much as $3.3 billion.

Israel’s Wiz Cloud Security Startup Raises $100 Million

Israeli startup Wiz calls itself a fast-growing cloud security innovator. It must be good at security because the company has remained off the radar until now. That’s because it is hard to hide $100 million in new investments, even in Startup Nation which was built on security and secrets.

The funds came in a Series A financing from Index Ventures, Sequoia, Insight Partners and Cyberstarts.

Wiz was founded by the team who led Microsoft’s Cloud Security Group and built the security stack in Azure. They have worked together for more than 15 years and previously founded Adallom (acquired by Microsoft), which is now the #1 Cloud Access Security Broker in the market.

And as if that were not enough, just six months later Wiz raised another $120 million.

Israeli Startup Noname Security Raises $60 Million For API Vulnerabilities
Noname Security is an Israeli enterprise API security cybersecurity company. In July, the company announced a $60 million Series B led by Insight Partners, with Next47, Forgepoint, and The Syndicate Group (TSG) joining the round and existing investors Cyberstarts and Lightspeed Venture Partners participating as well. The round brought Noname’s total funding to $85 million since emerging from stealth in December 2020.

Founded in 2020, Noname Security says that they create the most “powerful, complete, and easy-to-use API security platform that helps enterprises discover, analyze, remediate, and test all legacy and modern APIs.” Fortune 500 companies trust the Noname API Security Platform to protect their environments from API attacks, vulnerabilities, and misconfigurations.

Vim Build’s Digital Infrastructure For Higher Performing Health Care – Raises $60 Million

Israeli startup Vim offers digital infrastructure and platforms for US health care providers. In May the company raised $60 million from Walgreens, America’s second largest pharmacy chain, Boots Alliance (WBA), health insurance firm Anthem (ANTM), and Frist Cressey Ventures.

Founded in 2015 by CEO Oron Afek and CTO Asaf David, Vim connects data to workflow at health care’s “last mile”– within clinical operations at the point of patient care. Health plans, patients, and medical providers of every size – from independent practitioners to integrated delivery systems – use Vim software to connect data and care across the health system. Vim declares its mission is to power affordable, high quality health care through seamless connectivity.

The Vim team

Israel’s Pecan.Ai Offers Predictive Analytics – Raises $35 Million
Pecan.ai is an Israeli predictive analytics startup which utilizes artificial intelligence tech. In May, the company raised $35 million in a series B round led by GGV Capital. Cofounder and CEO Zohar Bronfman says that the funds will allow Pecan to expand its operations globally and help organizations adopt AI and big data.

Founded in 2016, Pecan is an AI-powered predictive analytics platform that solves business problems by generating actionable, accurate predictions in the shortest time possible. Its platform automates the heavy lifting in data science, requiring no coding or data prep. Pecan boasts that it delivers scalable predictive models about customer behavior that reveal the most critical insights about the immediate future of your business.

Israeli Fintech Company Personetics Raised $75 Million for Financial Services
Israeli startup Personetics, a global provider of data-driven personalization and customer engagement solutions for banks and financial services providers raised $75 million in February in growth funding from Warburg Pincus LLC. Personetics is a provider of customer-facing AI solutions for financial services and the company behind the industry’s first Self-Driving Finance platform.

Aleph Farms Raised $105 Million

In July, Aleph Farms raised a whopping $105 million in a Series B funding round led by the Growth Fund of L Catterton and DisruptAD. DisruptAD is a venture capital firm based in Abu Dhabi in the United Arab Emirates. So this investment in Aleph Farms marked yet another business success to come out of the Abraham Accords, which were signed by Israel with the UAE and Bahrain a year ago.

Israeli Unicorn Orca Security Raises $150 Million from Singapore’s Temasek
Israeli cybersecurity startup Orca Security, which specializes in cloud services security, brought in an additional $150 million in funding in July. Orca Security, a unicorn startup, raised the funds from Temasek Holdings, which is operated by the government of Singapore. This ups Orca’s valuation to as much as $1.75 billion.

Founded in 2019, Orca Security offers the cloud security innovation. The company provides cloud-wide, workload-deep security and compliance for AWS, Azure, and GCP. Orca boasts that it treats a client’s cloud as an, “interconnected web of assets, prioritizing risk based on the severity of the underlying security issue combined with environmental context, including its accessibility and potential damage to the business.” This does away with thousands of meaningless security alerts to provide just the critical few that matter, along with their precise path to remediation.

Orca Security Employees (Photo: Orca Security)

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