Israel’s cybersecurity sector raised US$4 billion across 75 deals in 2024, according to Glilot Capital Partners’ report.

This marks a substantial increase from US$1.85 billion in 59 transactions the previous year.

Two companies, Wiz and Cyera, played crucial roles in this growth, raising US$1 billion and US$600 million, respectively.

The report suggests continued investment in new ventures next year, indicating optimism for  growth in Israel’s cybersecurity industry.