Summary：

In November 2024, the Israeli technology sector raised approximately $500 million in funding. Additionally, the total value of publicly announced acquisitions is about $740 million, with companies acquired in Israel including Fixrunner.com (WordPress Support Services), Qubex (Scalable cloud management solutions), Cybersixgill (Cyber Threat Intelligence), Plarium.com (Cross-platform game development), Adaptive Shield (Cloud Service Security Management), Kadimastem (Stem cell therapy technology).

This article is based on market data available at the time of publication.

Israeli companies which received investment in November 2024

Israeli merger and acquisition deals in November 2024

1. Fixrunner.com，WordPress Support Services

On November 21, 2024, InFlux Technologies announced its acquisition of FluxRunner, a cutting-edge managed WordPress hosting service. While the acquisition amount has not been disclosed, this strategic move enhances InFlux's offerings in decentralized hosting. FluxRunner specializes in providing high-performance WordPress hosting powered by decentralized technology, catering to the increasing demand for reliable and efficient web solutions. Founded in 2014, FluxRunner assists small businesses with their WordPress maintenance and development needs, positioning itself as a valuable player in the growing SaaS market. InFlux Technologies, known for its innovative decentralized cloud infrastructure, seeks to integrate FluxRunner's advanced hosting capabilities into its ecosystem, reinforcing its leadership in the Web3 landscape. This acquisition is set to expand FluxRunner's reach, allowing its unique features to benefit a larger audience, and it aligns with the broader trend of transitioning to decentralized solutions in web hosting, thereby enhancing user experience and performance.

Decentralized Hosting is a system where website hosting services are distributed across a network of computers, rather than being centralized in a single data center. This approach enhances security, reliability, and performance by leveraging multiple nodes to provide hosting services, making it resilient to outages and cyber threats.

Managed WordPress Hosting is a specialized web hosting service designed specifically for WordPress websites. It includes features such as automatic updates, backups, security measures, and optimized performance, offering users a seamless experience to effectively manage their WordPress sites.

Similar Israeli companies include: BlockHosts (Decentralized consumer loyalty solutions); Trio (Cloud Computing and Business Continuity Solutions); SweetHome (Cloud computing and web hosting services); Host & Found (Cloud computing and VPS hosting services).

2. Qubex，Scalable cloud management solutions

On November 19, 2024, Zesty announced the launch of its automated Kubernetes optimization platform, Kompass, which enhances cloud performance by enabling five times faster node deployment and reducing compute and storage costs by up to 70%.

Qubex is a technology firm focused on ensuring real-time responses for cloud applications, emphasizing efficiency and cost-effectiveness in cloud computing. By providing robust solutions, Qubex addresses the critical need for immediate data handling to maintain seamless user experiences.

Zesty, a leader in automated cloud infrastructure management, provides innovative tools and platforms to optimize cloud operations. Its recent advancements in automation reflect a commitment to improving performance and reducing operational costs in cloud environments.

The introduction of Kompass not only enhances Zesty's portfolio but also strategically positions the company to meet increasing demand for optimized cloud services. This development allows both companies to leverage their strengths in cloud performance and Kubernetes optimization, potentially reshaping the competitive landscape as they deliver more efficient and cost-effective solutions to clients.

Cloud Performance refers to the efficiency and speed at which cloud services deliver data and applications to users. High cloud performance ensures that applications are responsive and meet user demands in real-time, which is critical for maintaining user experience and operational efficiency.

Kubernetes Optimization involves enhancing the performance and resource utilization of Kubernetes clusters, allowing for more efficient management of containerized applications. This includes automated processes for scaling, deployment, and resource allocation, which can significantly reduce operational costs while maintaining service levels.

Similar Israeli companies include: ScaleOps (Kubernetes resource optimization solutions); KoalaOps (Kubernetes microservices building platform).

3. Cybersixgill，Cyber Threat Intelligence

On November 14, 2024, Bitsight announced that it has signed a definitive agreement to acquire Cybersixgill, a leader in cyber threat intelligence data, for an undisclosed amount. This acquisition aims to enhance Bitsight's ability to provide organizations with proactive insights into their external attack surfaces and supply chain vulnerabilities.

Cybersixgill specializes in extracting and processing cyber threat intelligence from various web sources, including the deep and dark web. Its automated solutions help organizations detect and respond to cyber threats in real-time, enabling effective risk management.

Bitsight, known for its cyber risk management solutions, focuses on helping enterprises assess and mitigate risks associated with their digital environments. The integration of Cybersixgill's capabilities will significantly bolster Bitsight's offerings, particularly in threat intelligence and risk assessment. By merging their technologies, the companies aim to deliver a unified solution that provides actionable insights tailored to the unique threats each organization faces. This collaboration is expected to enhance the overall effectiveness of cybersecurity strategies and improve incident response for a wide range of clients, including enterprises and government agencies.

Key technologies involved in this acquisition include automated threat intelligence collection and analysis, which will empower security teams to stay ahead of emerging cyber threats by providing context-rich, actionable data.

Threat Intelligence involves the analysis and collection of information regarding potential or current cyber attacks, enabling organizations to comprehend and mitigate risks associated with cyber threats. It offers actionable insights to security teams, allowing them to proactively defend against threats by identifying indicators of compromise and understanding the tactics employed by threat actors.

Cyber Threat Intelligence Data refers to information collected from various sources, including the clear web, deep web, and dark web, concerning potential threats and vulnerabilities that may impact an organization’s cybersecurity posture. This data is essential for understanding the threat landscape and making informed security decisions.

Similar Israeli companies include: empow (Advanced Threat Detection Solutions); Webz.io (Big web data solutions).

4. Plarium.com，Cross-platform game development

On November 11, 2024, Aristocrat Leisure Limited (ALL.AX) announced the acquisition of Israeli social gaming company Plarium Global Limited for $500 million. Founded in 2009 and headquartered in Herzliya, Plarium specializes in mobile and social games, boasting a portfolio that includes the popular title 'Vikings: War of Clans,' which has consistently ranked among the top strategy games worldwide. The company employs over 1,200 individuals across its multiple studios located in Israel, Europe, and the U.S.

Aristocrat, an Australian gaming giant, aims to enhance its presence in the burgeoning mobile gaming sector through this acquisition. With a strong emphasis on social gaming, Aristocrat seeks to expand its market reach from $3.2 billion in the social casino segment to $25.4 billion by incorporating various gaming genres such as strategy and role-playing games. This strategic move not only diversifies Aristocrat's offerings but also positions both companies to capitalize on the projected growth of the $43.6 billion mobile and web games market, leveraging their combined strengths in game development and market entry strategies.

[Social Gaming (SG) refers to video games played in a social context, often involving multiple players interacting with each other. These games typically include social features such as chat, leaderboards, and multiplayer capabilities, enabling users to engage with friends or other players online. The popularity of social gaming has surged with the rise of mobile and web platforms, allowing for broader accessibility and engagement.

Mobile Gaming (MG) refers to playing video games on mobile devices such as smartphones and tablets. This form of gaming has gained popularity due to the widespread adoption of mobile technology, offering users the convenience of gaming on-the-go. Mobile games can range from simple puzzle games to complex multiplayer experiences, often featuring in-app purchases and social integration.]

Similar Israeli companies include: Inthegame (Interactive Overlay Technology Solutions); LuckyFish Games (Soft casino games for social networks); Upopa Games (Mobile game development); My Mobile (Mobile technologies and digital solutions).

5. Adaptive Shield Cloud Service Security Management

On November 6, 2024, CrowdStrike (NASDAQ: CRWD) announced its intent to acquire Adaptive Shield, enhancing its capabilities in cloud and identity security through integrated SaaS protection. The acquisition will primarily be financed in cash, with a portion to be paid in stock contingent on vesting conditions; however, the total transaction amount has not been disclosed.

Adaptive Shield specializes in SaaS Security Posture Management, providing organizations with tools to monitor and secure their SaaS applications, ensuring compliance and risk mitigation within cloud environments.

CrowdStrike is a leading player in cybersecurity, known for its cutting-edge cloud-native platform that protects enterprise endpoints, cloud workloads, and critical data from evolving threats.

This acquisition strategically positions CrowdStrike to offer a more comprehensive security solution, addressing the increasing demand for integrated security frameworks in today's digital landscape. By combining Adaptive Shield's expertise in SaaS security with its own robust cybersecurity offerings, CrowdStrike aims to deliver enhanced protection against vulnerabilities in cloud applications, thereby strengthening its market position and meeting the growing needs of enterprises for effective risk management.

SaaS Security Posture Management (SSPM) is a comprehensive approach to securing Software as a Service applications by assessing their security configurations, identifying vulnerabilities, and ensuring compliance with security policies. SSPM tools aid organizations in managing risks associated with their SaaS environments while protecting sensitive data from potential threats.

Cloud Security refers to the policies, controls, and technologies that protect cloud-based systems, data, and infrastructure. It includes a variety of measures to secure cloud computing environments, such as data encryption, identity management, and threat detection to safeguard against cyber threats.

Similar Israeli companies include: Wing Security (SaaS Security Posture Management); Valence Security (SaaS Security Solutions); onCloud (Zero Trust Security Solutions); CloudGuard (Multi-cloud security and automation).

6. Kadimastem Stem cell therapy technology

On November 5, 2024, NLS Pharmaceutics Ltd. (NASDAQ: NLSP) and Kadimastem Ltd. (TASE: KDST.TA) announced a definitive merger agreement to combine their operations, focusing on advancing NLS's Dual Orexin Agonist platform and Kadimastem's allogeneic cell therapy initiatives. The merger will result in Kadimastem shareholders receiving 80% of the combined company's shares, with the remainder allocated to NLS stakeholders. The transaction is expected to close in January 2025, pending shareholder and regulatory approvals.

Kadimastem is a clinical-stage biotechnology firm that specializes in developing allogeneic cell therapies for neurodegenerative diseases and diabetes. Its flagship products, AstroRx® and IsletRx, target conditions like ALS and diabetes, respectively, with promising clinical trials on the horizon.

NLS Pharmaceutics is focused on developing innovative biopharmaceutical solutions, particularly its proprietary Dual Orexin Agonist platform aimed at addressing sleep disorders and related conditions. This merger aligns both companies in their commitment to enhancing therapeutic offerings in the neurology space.

By merging, NLS and Kadimastem are poised to leverage their combined expertise in drug development and clinical trials, accelerating the progress of their respective therapies towards market readiness. The partnership enhances the potential for funding and market exposure, particularly through a new Nasdaq listing, which may drive shareholder value while advancing critical treatments for ALS and diabetes. This strategic alignment could foster innovation in allogeneic cell therapies and dual orexin agonist technologies, addressing significant unmet medical needs in these fields.

Dual Orexin Agonist (DOXA) is a class of pharmacological agents designed to target and activate both orexin receptors, which play a crucial role in regulating wakefulness and arousal. This innovative approach is being investigated for its potential in treating sleep disorders and other neurodegenerative conditions.

Allogeneic Cell Therapy is a medical treatment that employs cells from a donor (rather than the patient) to address various diseases. This approach can provide a readily available source of cells that can be engineered to target specific conditions, such as neurodegenerative diseases and diabetes.

Similar Israeli companies include: GSKure (Therapeutic Target for Treating Neurodegenerative Disorders); Prilenia (Neurodegenerative disease therapy); Cell Source (Cell therapy based on immune tolerance management); BrainStorm Cell Therapeutics (Autologous cellular therapies for neurodegenerative diseases).