Assaf Rapaport News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The unprecedented rise in the number of Israelis featured on Forbes' list is mainly attributed to the continued growth of Israel's hi-tech industry.

Mickey Boodaei, Dan Amiga, Rakesh Loonkar, and Mike Fey are pooling resources in Picture Capital, which is expected to become a heavy hitter in the industry.

The Israeli company provides cybersecurity protection for government agencies, large corporations and critical infrastructures.

"What frightened me wasn’t that the company wouldn’t succeed, but that I wouldn’t be able to fulfil the responsibility placed on me. But I decided not to let fear control me."

The tech unicorn fever in Israel is showing no signs of subsiding. Three more local cyber companies— Wiz, Orca Security, and Axonius-- are planning to announce in the coming weeks that they have completed large funding rounds at valuations topping $1 billion each.  All three companies raised more than $50 million in 2020 and are taking advantage of the readily available capital to secure additional rounds, while upping their valuations, shortly after their previous ones.   Assaf Rapaport. Photo: Nathaniel Tobias Wiz is the youngest of the three, having only been founded in 2020 and h...