Israel

33 Israeli Startups Raised More than $10 Million During First Quarter of 2016

Israel’s high-tech arena posted confident first-quarter numbers, with over 30 startups raising more than $10 million each in funding rounds from January to March 2016, according to a new Ethosia Human Resources report.

$869.3 million in investments were totaled in the first quarter. Leading the group were cyber security analytics company Skybox Security ($96 million), network security company ForeScout Technologies ($76 million), immunotherapy startup Adicet bio ($51 million), JFrog, a developer of open source software distribution tools ($50 million), Zerto disaster recovery software solutions ($50 million) and business analytics software company Sisense ($50 million).

The Ethosia report also highlighted the top five buyouts of Israeli startups in the first three months of the year: Leaba ($350 million), Altair ($200 million), Replay Technologies ($170 million), TowerSec ($75 million) and Volicon (tens of millions, full details not disclosed).

The report also showed that the highest in-demand jobs in the high-tech sector are in the cyber, web, mobile and IoT (Internet of Things) arenas.

(via Israel21c)

[Photo: Miriam Alster / Flash90 ]