The weekly #Firgun Newsletter is live

6 exits, a new AI/cyber fund and several startups coming out of stealth with major funding rounds.

Akamai acquires Israeli AI browser security startup LayerX for $205 million in cash

LayerX was founded in 2022 and had raised $45 million from investors including Glilot Capital, Dell Technologies Capital and Jump Capital.

Is anything fundable any more apart from Deeptech?

I tried to capture the Zeitgeist right now, where VCs are under the impression that software is dead, as the moats have crumbled. Spoiler alert: it's not.

America's best bet for a secure AI base is Israel's Negev

The plan is for an AI base that has the security of an American military installation and the creative output of a Silicon Valley hub.

What we’re watching

• Akamai acquiring LayerX for about $205 million in cash
• Asaf Ezra joined A16Z as partner focused on AI infra
• OpenAI launched Daybreak, frontier AI for cyber defenders

Published on IsraelVC. Curated by Eze Vidra.