Welcome to the iAngels Monthly Deal Digest, a summary of movements in the Israeli startup market.

This May we tracked 23 announced deals totaling $485M, and 13 exits totaling $2B.

IT & Enterprise Software was the leading sector this month. Exabeam, a company that empowers enterprises to detect, investigate, and respond to cyber attacks, raised $75m in a Series E financing round co-led by Lightspeed and Sapphire Ventures, alongside Aspect Ventures, Cisco Investments, NVP, and a private investor. Guardicore, a data center and cloud security solution that protects an organization’s core assets, completed a $60m growth round led by Qumra Capital, with the participation of Battery Ventures, Cisco Investments, ClalTech, DTCP Fund, EMC Ventures, Greenfield Partners, Greylock Israel, Partech, and TPG Growth.

On the M&A side, we saw three large acquisitions including SafeCharge, Twistlock, and LiveU. Safecharge, providing global omnichannel payments services from card acquiring and issuance to payment processing and checkout, underpinned by advanced risk management solutions, was acquired by Nuvei for $890m. Twistlock, a leading provider of container and cloud-native cybersecurity solutions, was acquired by Palo Alto Networks for $410m. LiveU, a company that produces technology for television broadcasters to enable live video links via wireless cellular networks, was acquired by Francisco Partners Management and Israel Growth Partners for $200m.

May 2019 Investment Highlights

Seed Rounds

A Rounds

B Rounds

Growth/Miscellaneous Rounds

M&A and IPOs

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