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News

Israel Defense
israeldefense.co.il > en > node > 70580

Guardio Hits $1.1 Billion Valuation as AI Fuels a New Wave of Consumer Cyberattacks

1+ week, 1+ day ago   (242+ words) The Israeli company crosses $150 million in ARR after four years of triple-digit growth Israeli consumer cybersecurity company Guardio has reached a $1.1 billion valuation after raising $40 million, bringing its total funding to $167 million. Guardio has now surpassed one million paying customers…...

Israel Defense
israeldefense.co.il > en > node > 70549

From Gaming to the Battlefield: How XTEND Reached a $1.5B Valuation | Special Interview

1+ week, 4+ day ago   (807+ words) Aviv Shapira, co-founder and CEO of XTEND, speaks with IsraelDefense ahead of the company’s NYSE debut “At our first company, Replay, we developed telepresence technology—technology that allows a user to feel as if they are somewhere else in real…...

Israel Defense
israeldefense.co.il > en > node > 70529

Elbit Systems Lands $270M ISR Deal

1+ week, 5+ day ago   (124+ words) The deal, to be executed over up to six years, includes Elbit’s SPECTRO family of multispectral electro-optical payloads and AMPS NG airborne ISR systems. SPECTRO combines mid-wave infrared, visible and short-wave infrared imaging with laser designation and AI-based analytics. The…...

Israel Defense
israeldefense.co.il > en > node > 70386

Unusual Startup Ending: Minimus Shuts Down and Returns $10 Million to Investors

2+ week, 6+ day ago   (258+ words) The Israeli cybersecurity startup raised $51 million, failed to find a buyer — and is expected to return an estimated $10 million to investors Illustration: Marvin Meyer via unsplash Israeli cybersecurity startup Minimus is shutting down after raising $51 million, but with an unusual…...

Israel Defense
israeldefense.co.il > en > node > 70244

MER Group Secures NIS 30 Million in New Defense Orders

4+ week, 1+ day ago   (369+ words) Ministry of Defense contracts bring the company’s defense orders since the start of Q3 to approximately NIS 62 million Israel’s MER Group is expanding its defense business with a new round of orders from the Ministry of Defense worth approximately NIS 30 million,…...