News & Reports
Latest exit announcements, research reports, and press coverage on Israeli cyber exits
Research Reports
Special Report: Israeli Cyber Startups Exits Landscape
1st Edition — M&As, IPOs, and Current Cyber Unicorns
A comprehensive analysis of all cybersecurity exits, IPOs, and unicorns in Israel from 2019 to 2024. Covers 116 M&As, the role of early-stage VCs, time-to-exit trends, and fundraising multiples.
Download PDF ReportState of Israeli Cyber Exits: A New Generation Is Born
2nd Edition — M&As, IPOs, and Current Cyber Unicorns
The sequel report covering 2025's record-shattering exit year: $82B in cumulative exits, the Wiz $32B and CyberArk $25B mega-deals, macro drivers, and a deep dive on the Wiz acquisition playbook.
Download PDF ReportIn The News
Israel's Cybersecurity Machine: Inside the Playbook Powering Tel Aviv's Exit Factory
Over the past several years, NightDragon investor Dorin Baniel decided to stop relying on vibes and headlines and actually measure what's going on. She built what is effectively the first comprehensive dataset of all Israeli cybersecurity startup exits since 2019 — and the results are not what the hype cycle would have you believe.
Press$82B and counting: A new generation of Israeli cyber exits
In just eight months of 2025, Israeli startups have notched 20 exits worth $59 billion — more than the combined total of the previous four years. Google's $32B acquisition of Wiz and Palo Alto's $25B purchase of CyberArk have redefined the scale of what success looks like in Israeli cyber.
War Couldn't Stop Us: Israeli Cyber Industry Defies All Odds in 2024
Throughout Israel's most turbulent year in history, many pegged Israel as an unstable investing environment. But what we've seen has proven quite the opposite for Israeli cyber startups — the ecosystem achieved its second-best year ever, with 67% of exits at or above $100M.
Press$41B in exits: Why Israeli cyber startups are a global powerhouse
New report reveals a surge in M&A deals, rapid growth in valuations, and the rise of Israeli cyber unicorns. 116 acquisitions generating $23B in exit value, with an average purchase price of 7× the funding raised.