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Report: Facebook To Buy Israeli GPS App Waze For $1 Billion

Facebook is in advance stages of negotiation for acquiring Israeli social GPS Waze. Israeli financial magazine Calcalist reports that the companies have entered the due diligence stage of the...

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Report: Mobileye Planning Largest IPO In Israel’s History, At $3.5-5B Valuation

It’s often claimed that Israeli startups are only in pursuit of a quick exit. However, a recent wave of multi-million dollar IPOs by Israeli startups puts a dent in that stereotype. A hot ticket in the...

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Tel Aviv Ranked 6th For Number Of Millionaires Per Square Mile, Above NY, London

Tel Aviv is ranked the sixth city worldwide with the most millionaires per square mile, according to a ranking by the R.S. Components Limited UK electronics company, based on a Knight Frank wealth...

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Israeli Startup Wiz Adds $120M To Series B Round Led By Salesforce

US-Israeli cloud security company Wiz, the startup co-founded by the former general manager of R&D at Microsoft Israel Assaf Rappaport, has added $120 million to its Series B funding round from...

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