Tell NY

Gili Raanan, Cyberstarts, and the Prefect Storm of Cybersecurity

In an exclusive interview with Bloomberg, Cyberstarts founder Gili Raanan shared that the firm’s first fund has achieved an impressive 170% annual return since 2018, showcasing the rapid growth of Israel’s cybersecurity sector.

The article highlights Cyberstarts’ focus on Israeli cybersecurity startups, with backing from major investors like Sequoia Capital. Raanan noted that increasing cybersecurity budgets, driven by threats from countries like Russia and China, are fueling ongoing interest and investment in the sector.

Raanan mentioned that Cyberstarts has made 22 investments, including unicorns like Wiz and Fireblocks, raising $1.8 billion in recent months. Wiz alone secured $1 billion, bringing its valuation to $12 billion. Since early 2023, four of Cyberstarts’ portfolio companies have been acquired for a total of $1.5 billion.

Read more

Discover More

Cyberstarts shines in global mediaRead more
Assaf Rappaport, Co-Founder and CEO of Wiz, Graces Global Forbes CoverRead more