Descope Raises $53M in Seed Funding
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Source: finsmes.com
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Israeli authentication platform Descope raises $53m
Descope enables developers to add authentication, user management, and authorization capabilities to consumer and business applications with a few lines of code.
Source: globes.co.il
Israeli tech exits slump 54% to lowest level since 2014 amid market downturn
2022 saw 120 completed IPOs or M&As with a total value of $20.6 billion, down from 261 exits with a total value of $23.6 billion in 2021, according to annual IVC-LeumiTech report
Source: timesofisrael.com
What's in store for Israel tech in 2023 as cheap money era ends, world downturn hits
Israeli tech firms brace for more cost savings, downsizing to get through global slowdown as the stronger get stronger and the weaker get weaker
Source: timesofisrael.com
Out with the unicorns, in with the centaurs? A new tech milestone takes shape
Leading investment firm BVP says global tech and VC community should look to a horse of a different color to measure promising ventures
Source: timesofisrael.com