Mega funding for companies with Israeli offices over the past two months was led by cybersecurity company Semperis, which announced that it has raised over $200 million in Series C funding led by KKR, with participation from Ten Eleven Ventures, Paladin Capital Group, Atrium Health Strategic Fund, Tech Pioneers Fund, and existing investors including Insight Partners.
Based in New Jersey with R&D operations in Tel Aviv, Semperis is the fastest-growing cybersecurity company in America per the Financial Times’ 2022 ranking.
Billed by Forbes as the “New Relic for data teams,” Monte Carlo closed a $135 million Series D funding round in May. IVP, Accel, GGV Capital, Redpoint Ventures, ICONIQ Growth, Salesforce Ventures, and GIC Singapore helped Monte Carlo become the first data observability company to achieve a billion-dollar valuation.
Started in 2019 by husband-and-wife team Barr Moses (CEO) and Lior Gavish (CTO), Monte Carlo intends to use the capital infusion “to continue improving experiences for its hundreds of customers, scale the data observability category to new verticals, and grow its U.S. and EMEA go-to-market and engineering teams.”
Business intelligence company Pyramid Analytics announced the closing an oversubscribed Series E funding round of $120 million, “exceeding our target by $20 million,” blogged CEO and cofounder Omri Kohl on May 9.
“This brings our total funding to over $200 million and puts our company on an accelerated path to becoming the next analytics leader.”
Pyramid, which uses data-driven insights to automate the business decision-making process, received investments from H.I.G. Growth Partners, Clal Insurance Enterprises Holdings, Kingfisher Capital, General Oriental Investments, Jerusalem Venture Partners (JVP), Sequoia Capital, Viola Growth and Maor Investments.
Viz.ai, which applies artificial intelligence to medical care coordination and workflow, became a unicorn by raising $100 million at $1.2 billion valuation. Viz.ai has offices in Tel Aviv, San Francisco, Portugal and Amsterdam. Its platform is in use in over 1,000 hospitals.
Optibus raised $100 million in a Series D round at a $1.3 billion valuation, becoming the first public transportation unicorn. Since its founding in 2014, Optibus has helped over 1,000 cities digitize their public transit sector using unique software.
Headquartered in New York City and Tel Aviv, banking-as-a-service platform Unit raised $100 million in a Series C round led by Insight Partners, Valuing the Company at $1.2 billion, and will expand into business credit cards and other lending products such as cash advance.
Tel Aviv-based Masterschool, a multinational network of tech career-training schools, closed a $100 million seed funding round led by Group 11, with significant participation from Target Global, Pitango Ventures, Dynamic Loop Capital, Sir Ronald Cohen, and other strategic investors. Launched in 2019, Masterschool’s model addresses the tech labor shortage with courses that students pay for only after they are hired in the field.