Missiles hit Israeli high tech startups but Dream and Sentra remain operational
From Yahoo Finance: 2025-06-23 12:01:00
A missile struck the apartment of Ron Reiter, co-founder of cybersecurity startup Sentra in Tel Aviv, causing severe damage. Despite this, the company remains operational. Sentra raised over $100 million in April and offers cloud data protection. It was recently named a Customers’ Choice in a Gartner report.
Dream, another cybersecurity-AI startup, raised $100 million in February. CEO Shalev Hulio, a former NSO Group co-founder, balances military duties with company leadership. Dream’s employees have been deployed due to the conflict, but business operations continue with minimal disruption.
Israel’s tech sector faces challenges due to ongoing conflict, with founders and investors adapting to maintain business continuity. Despite disruptions, startups like Dream and Sentra continue operations, showing resilience and adaptability. Israel’s venture-backed startups have shown speed and flexibility in navigating conflict-driven disruption. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average falling over 500 points. Investors are concerned about rising inflation and uncertainty around the Federal Reserve’s interest rate policy.
2. A new study published in a leading medical journal has found that the Pfizer-BioNTech COVID-19 vaccine is highly effective in preventing severe illness and death caused by the Delta variant. The study reaffirms the importance of vaccination in controlling the spread of the virus.
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4. Tesla has announced plans to open its first manufacturing facility in India, as part of CEO Elon Musk’s efforts to expand the company’s presence in emerging markets. The move comes as Tesla faces increasing competition in the electric vehicle sector.