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Bain Capital Backs Israeli AI Cybersecurity Startup Dream at $1.1 Billion Valuation

Feb 19 2025 // Dream, an artificial intelligence company that provides cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, has raised $100 million at a $1.1 billion valuation.Bain...

Israel Financial System Resilient Despite Wars, Central Bank Says

Feb 11 2025 // Israel’s financial system shows “high resilience” despite the country’s military conflicts and ongoing geopolitical uncertainty that have persisted for more than a year, the Bank of Israel said in a...

Israel Cyber Firms Raise $4 Billion in 2024 on Surge of Cloud, AI Security Needs

Jan 8 2025 // Israeli cybersecurity firms raised $4 billion in 2024, more than double that of 2023, led by firms seeking to protect the cloud along with a surge in artificial intelligence, global venture capital firm YL Ventures said on...

Customs Agents Seize 22,000 Fake Vehicle Inspection Stickers Shipped From Israel

Dec 30 2024 // The U.S. Customs and Border Protection agency said it has seized more than 20,000 counterfeit Pennsylvania vehicle inspection stickers that were shipped from Israel to an address in Philadelphia.Customs officers found the...

World Insurance Associates Acquires Sprague Israel Giles in Washington

Dec 13 2024 // World Insurance Associates LLC acquired the business of Sprague Israel Giles Inc. in Seattle, Washington. Sprague Israel Giles was founded in 1958 by David Sprague and Mike Israel. Ten years later, Leon Giles joined the...

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