Four Israeli Firms Raked In Mega Investments In February

Salt Security cofounders Michael Nicosia and Roey Eliyahu. API security company Salt Security of Tel Aviv and Palo Alto raised $140 million in Series D funding, led by CapitalG, Alphabet’s independent growth fund, bringing its valuation of $1.4 billion. (Sali Ben-Aryeh)

February saw fewer mega investments of $100 million or more for Israeli companies than in previous months, with just four such rounds reported.

Two of those four are cybersecurity companies, underlining Israel’s dominance in this growing vertical. (Click here to read about how Israeli cyber experts are preparing for the four biggest risks in the future.)