Comeet Team (Company pic)
Opora Technologies, an Israeli cybersecurity startup founded by none other than former Shin Bet (Israel’s General Security Services) head Yuval Diskin, is shutting down according to a report in Calcalist. On the lighter side of the business news this week, Comeet, an Israeli startup that develops an applicant tracking and candidate management platform, is merging with Spark Hire, a firm that offers a video interview platform. Comeet will be taken over for $50 million.
Founded in 2012, Spark Hire is an award-winning video interviewing software company that.” A one-stop shop for fast and effective candidate screening tools, the platform facilitates key stakeholder collaboration to improve hiring outcomes.”
Founded in 2013 by Omer Tadjer, Tommy Dikerman, and Omer Gottlieb and launched in 2015, Comeet offers a cloud-based collaborative recruiting platform that the company says feels like user-friendly consumer software. It provides “structured and streamlined processes to enable companies to make better hires, faster.”
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Comeet current has 65 employees in offices in Israel and New York. The merged company will have 115 people.
“This merger presents a great outcome for Comeet’s investors, employees, customers, and partners,” said Anton Fedorov, a Comee Investor at Flashpoint Venture Capital. “We are proud of the great achievements demonstrated by Comeet since we invested back in 2019. Cooperating with Omer Tadjer and Tommy Dikerman all these years has been a pleasure. We believe that the merger with Spark Hire will unlock many synergies by combining complementary recruitment technologies.”
“Comeet will not only maintain its current operations, but with this merger, we now have stronger financial backing to deliver increased investment in new features and products,” said the company’s founders in a blog post. “Customers can expect to see video interviews, sourcing improvements, AI-powered automation, user experience improvements and more in the platform in the near future. We’re excited about this next chapter, and we’re glad to have you with us as we work to make hiring better.”
As for Opora Technologie, the now failed firm boasted that its “unique cognitive-based threat quantification approach” provided customers with “strategic, quantified, and prioritized visibility into threats active against their entire business ecosystem and supply chain.” The company also said that its platform incorporated “the most comprehensive risk rating methodology that includes a wide range of risk factors, variables, and attributes that look at the organization and its peers, key customers, sector, and geography levels.”
“Opora was established in 2020 as a young startup based on strong and ground-breaking cyber technology that generated a lot of interest,” the company said in a statement. “Opora performed first pilots with customers, but the technology did not mature into a commercial product. Since the market is in a global crisis, the company acted responsibly, reducing activity and costs significantly. At the same time, the company is currently examining several offers it received for the purchase of its technology.”
