Verbit lays off 60, Bizzabo lays off 120
Two more Israeli unicorns are downsizing their workforces as emphasis shifts from growth to profitability.
Source: globes.co.il
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Two more Israeli unicorns are downsizing their workforces as emphasis shifts from growth to profitability.
NoCamels takes a look at more than 30 companies valued at over $1 billion that have become Israeli unicorns this year.
The Israeli voice AI transcription and captioning company has doubled its valuation since its financing round six months ago.
4-year-old startup entered 'unicorn' club just 6 months ago, says will use new funding to pursue acquisitions
Verbit's total funding now exceeds $550 million (including secondary transactions) since the company’s inception in 2017.