Israeli startups raised $600m in October
This sum can be added to the $4.5 billion that Israeli startups raised in the first nine months of 2018, according to IVC-ZAG. This means that the country's startups are set to surpass last year's record of $5.24 billion raised, according to IVC-ZAG.
Most of the sum in October was raised in large financing rounds from more veteran startups led by DevOps developer JFrog, which raised $165 million. Other major financing rounds include the $60 million raised by NASH treatment company 89Bio, $43 million raised by cybersecurity company Demisto and $35 million raised by open source company WhiteSource. AI sports company HEED raised $35 million, Airobotics raised $30 million, blockchain company Starkware raised $30 million, secure enterprise company CTERA networks raised $30 million and big data enterprise company Glassbox raised $25 million.