Jerusalem Post’s Post

Vilnius Ranks First in Europe for Cybersecurity in Global Startup Index! 🎉 Lithuania continues to solidify its position as one of the fastest-growing and strongest startup ecosystems in the region and globally. The latest “StartupBlink” global startup ecosystem index shows that Lithuania has ranked 16th in the world📈 The “StartupBlink” index evaluates the strength of each startup ecosystem based on quantitative factors like the number of startups and investors, as well as qualitative factors such as accumulated investments, number of employees, unicorns, and market capitalization. Vilnius demonstrated exceptional results in the index, standing out as the best city for the cybersecurity industry in the European Union. It also excelled in the Medtech sector, ranking second among EU cities. Kaunas secured third place in this sector. Find the report here: https://lnkd.in/eWQ6pBcm VIlnius (associative image) / V. Raupelis / LRT

👋 Meet the startups that joined our latest, April Fintech Startup Demo Day. These startups already won awards and accolades from the industry’s renowned players and thought leaders. Here are some recent ones. Smart Grant Solutions This provider of revolutionary financial grant management solution for nonprofits is half a year into its development stage yet already received accolades from its target audience. "This software would be a gamechanger for us," commented Ashley Funk, Executive Director Mountain Watershed Association, on the startup's MissionGranted platform. Debbie  This innovative debt payoff platform won the Best Financial Education App award in the 2024 Fintech Breakthrough Awards. Good Agriculture In 2024, the Atlanta Business Chronicle listed this agrifintech startup as one of the top 25 startups to watch in the "Silicon Valley of the South.” Buckler Buckler, the comprehensive Cyber Program Management System provider, won the 2023 T3 Emerging Technology Award. The startup was also praised by Joel Bruckenstein: "Everyone should have Buckler," said the CEO of T3 Technology Tools for Today. _______________ 👀 Looking for vetted startups with proven traction? You can meet a new, secret cohort at our next Demo Day on June 11th! 👉 Learn more about the event and register here: https://lnkd.in/ekAr2pBU #fintechstartups #demoday #topstratups #startupfunding #grantmanagement #paytech #contactlesspayments #debtpayoff #agrifintech #cybersecurity

It's really true, nobody beats the Wiz... This is truly history making on so many levels....for the entire startup world, for Google, one of the most important companies in the world, the cybersecurity sector overall. Most clearly, and importantly, it's hugely historic for the Israeli tech sector the business environment in Israel in general. This would be Google's biggest acquisition ever as well as the biggest ever exit for an Israeli startup. What happens next is unclear. Maybe it won't move forward at all? Maybe another suitor, like Microsoft ? Just the fact that it might happen, and at the number ($23 billion) were talking about is noteworthy. One big story to watch over next week's and month. How do you see it? And what can it mean or indicate for the markets, startup fundraising, and exit planning?

Attention cybersecurity and digital trust startups! Tech4Trust is back with a sixth season; a 9-month, equity-free accelerator for international startups in digital trust and cybersecurity fields. The programme is managed by Trust Valley, which was initiated by the Canton of Vaud, the Republic and Canton of Geneva, EPFL (École polytechnique fédérale de Lausanne), and other key partners from both the public and private sectors. The organisation aims to create a robust ecosystem for digital trust and cybersecurity in Switzerland. It supports innovation, promotes best practices, and facilitates the growth of cybersecurity ventures through programmes like Tech4Trust. So… … if you're a startup and you need to secure funding, start pilots and future-proof your business, apply here: https://lnkd.in/dqKtF7n … if you're a VC, and you have companies in your portfolio you want to push, Tech4Trust is the perfect platform for connecting startups and customer investors! The program’s benefits include: - Networking opportunities with +40 key experts in the digital trust space. - Business synergies with corporates and academic institutions. - High-quality training in key business topics - Access the Trust Valley ecosystem of 400+ organisations - Unparalleled visibility on roadshows - Exclusive coaching & mentoring Application until 31 July --> https://lnkd.in/eyrQtvJd IT BT Department, Karnataka #Tech4Trust #TrustValleyCH #digitaltrust #cybersecurity #Swisstech #Startups #StartupAccelerator #TechStartups #Innovation #Tech #EPFL

In the fast-paced and innovative realm of tech startups, where creativity and disruption are celebrated, there is one aspect that demands unwavering attention: Security Compliance. As the digital landscape evolves, so do the threats that loom over businesses. Startups, in particular, need to recognize the urgency of implementing a comprehensive security compliance program, as the consequences of neglecting this crucial aspect can be catastrophic—both financially and in terms of reputation. To delve deeper into the crucial aspects of ensuring your startup's compliance with essential security measures, we encourage you to explore our blog post available at: https://lnkd.in/d6Dg-3UP At AIM Startup, we prioritize empowering startups by equipping them with the necessary knowledge for success. Taking place from 7-9 May, 2024, AIM Startup stands as an indispensable event for all startups. Don't miss out, register now at: https://lnkd.in/dJZiZqen #startups #startupbusiness #tech #security #securitycompliance

💻 Cybersecurity Funding Jumps 144% In Q2 ⬆ The Crunchbase article highlights a remarkable surge in venture capital funding for cybersecurity startups, which saw a 144% increase year-over-year in the second quarter of 2024. This trend reflects the growing importance of cybersecurity in a digital world fraught with increasing cyber threats and the rapid adoption of AI technologies. Notably, the sector's funding dynamics are shifting towards fewer but larger deals, indicating a maturation of the market and investors' confidence in established players capable of addressing complex security challenges. 🔎 Analysis The funding increase was significantly influenced by major growth rounds, such as the $1 billion raise by Wiz, a cloud security startup. Such large investments demonstrate a strategic focus on scaling and expanding capabilities to meet the evolving security needs of enterprises. This trend highlights a preference for established companies with proven technologies and market traction, as they are better positioned to deliver innovative solutions and achieve substantial market share. 🔎 Several factors are driving this investment surge. - The increasing sophistication and frequency of cyberattacks have heightened awareness among businesses and governments about the critical need for robust cybersecurity measures. - The integration of AI into cybersecurity solutions is creating new opportunities for innovation, as AI-driven technologies enhance threat detection, response, and prevention capabilities. - This convergence of AI and cybersecurity is attracting significant investor interest, as it promises to revolutionize how security challenges are addressed. 🔎 Despite the growth in funding, the market is experiencing a bifurcation. - Early-stage startups are facing challenges in securing funding, as investors prioritize established companies with a track record of success. This trend indicates a more cautious approach, with investors seeking to minimize risk by backing companies that have already demonstrated their ability to scale and deliver value. 🔎 Conclusion The cybersecurity sector is experiencing a significant transformation, driven by increased funding, the integration of AI technologies, and a focus on scaling established players. While early-stage startups face challenges, the overall outlook for the industry remains positive, as the demand for advanced cybersecurity solutions continues to grow. The current funding landscape reflects a strategic shift towards companies with proven capabilities, positioning them to lead the charge in safeguarding digital assets in an increasingly interconnected world. 🔏 For further details, you can read the full article on Crunchbase 👇 https://lnkd.in/evHasTPz #cybersecurity #security #funding #venture #VCs #investor #investment #AI #startup #founder #entrepreneur #tech #cloud_security #growth #market #SME

🚀 5 Day-to-Day Challenges of Funded Startups & How Thinkonic Can Help 🚀 Running a funded startup is exciting but comes with its set of daily hurdles, especially in the tech and software arena. Here’s how we at Thinkonic can ease your journey: 1. Rapid Scaling of Tech Infrastructure: As you grow, so do your tech needs. We provide scalable solutions that adapt to your expanding operations, ensuring you’re always ahead of the curve. 2. Integration Nightmares: Integrating new tools with your existing tech stack can be daunting. Our expertise in seamless integration ensures your systems work in harmony, reducing downtime and frustration. 3. Staying Ahead with Cutting-Edge Tech: In the fast-paced tech world, keeping up can be overwhelming. Thinkonic keeps you at the forefront of innovation, offering the latest solutions that drive your startup forward. 4. Data Security Concerns: With growth comes the increased risk of cyber threats. We fortify your defenses with robust security measures, giving you peace of mind to focus on what you do best. 5. Efficient Project Management: Juggling multiple projects can lead to inefficiencies. Our streamlined project management tools and services help you stay organized, on track, and within budget. At Thinkonic, we understand the unique challenges of funded startups. Let us handle your tech woes, so you can concentrate on scaling new heights. 💡🚀 #Startups #TechChallenges #Thinkonic #Scalability #Integration #Innovation #DataSecurity #ProjectManagement

🔑 Key takeaways Investment in early-stage startups globally in the first-quarter actually grew. Seed and angel investment also held up better than late stage. Cybersecurity is sometimes described as virtually recession-proof. After all, hackers don’t take a break just because the economy is struggling.

🌟ONE ISRAELI STARTUP A DAY🌟 SeeMetrics - https://lnkd.in/eanjWMPr SeeMetrics is a Cybersecurity Performance Management (CPM) platform that offers security leaders continuous and real-time measurements of their operations. Executives in other disciplines have long replaced manual spreadsheets and resource-consuming reports with effective automated tools that measure performance across their operations. SeeMetrics brings this capability to cybersecurity leadership and teams by providing instant performance data and stack-derived insights. Using SeeMetrics, security leaders can more effectively prioritize, manage and improve operations and can easily communicate progress and gaps to stakeholders. Investors: Gain insights into SeeMetrics and 80 other outstanding Israeli startups.  Explore here: https://lnkd.in/dpisUyis Israeli startups, join our community: https://lnkd.in/df-JXiBj #FrontlineInitiative #IsraeliStartup #StartupNation #AmIsraelChai #InnovationSpotlight

Unlock the Benefits for Your Startup with the Pakistan Telecommunication Authority! From accessing the DIRBS system and online registration services to ensuring cybersecurity and facilitating international expansion, learn how PTA can be a game-changer for your business. Dive into our guide to leverage these benefits and drive your tech venture toward success! 🌟💼 Contact us: 📞 +92 306 9661219 💻 www.waleedmjlaw.com 📧 waleedmjlaw@gmail.com #telecommunication #authority #startup #venture #blog