Meir Orbach

The Israeli cuts are part of a worldwide restructuring launched under new CEO Enrique Lores. PayPal plans to eliminate about 4,760 jobs over two to three years as it seeks to simplify operations and save $1.5 billion annually.

The company, which develops technology for governments fighting financial crime, is cutting roughly nine jobs while simultaneously hiring for new growth areas and expanding its AI product portfolio.

The company behind an event management platform used for physical, virtual and hybrid conferences says the changes are part of a transition to a faster way of working.

The Israeli cloud security company was valued at $1.5 billion when it raised $250 million in January, and has since attracted fresh backing from Bessemer Venture Partners, TCV, Salesforce Ventures and other prominent investors.

Nearly 3,000 AI companies are now operating in Israel, with late-stage funding accounting for more than half of the capital raised in 2025, according to a new report.

HydroSight's AI platform integrates marine survey data to identify changes and anomalies on the seabed, helping ports, energy companies and telecom operators better plan and manage underwater infrastructure.

Cylake has now raised $290 million less than a year after its founding, including a $45 million Seed round in March. The company is developing an AI-native security platform for highly regulated organizations that need to keep control of their data and infrastructure.

Euno is building a platform designed to give AI agents the organizational knowledge they need to work reliably inside large companies. The Series A, led by N47, will fund expansion in sales, marketing and AI research as the startup targets Fortune 500 customers.

The Israeli cybersecurity startup has raised $30 million to date as it builds a platform that maps identities, permissions, information and behavior in a single graph.

Island co-founder Dan Amiga says the cybersecurity company has reached $200 million in revenue and is growing 100% annually, with eight of the world's 10 largest banks using its enterprise browser.