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Calcalist/Ctech

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2026-05-04

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  1. 2026-05-04 / MARKETSCalcalist: 'SaaS Is Dying as a Business Category' — Israeli SaaS Giants Wix (-66%) and Monday.com (-60%) CrushedCalcalist's tech division reports that the SaaS index fell 6.5% while the S&P 500 rose 17.6%, and Israeli SaaS flagships have been devastated: Wix plummeted 66% in one year to $4.2B and Monday.com crashed 60% in six months to $5.2B. DTCP managing director Dean Shahar stated that entrepreneurs approaching VCs with SaaS-only startups 'won't even reach the pitch stage.' This isn't framed as a correction but as a category crisis — software survives, SaaS as a business model category does not.
  2. 2026-04-14 / AGENTSCisco in Advanced Talks to Acquire Astrix Security for Up to $350M to Secure AI Agent IdentitiesCisco is in advanced talks to acquire Israeli cybersecurity startup Astrix Security for $250M-$350M, per Calcalist and multiple sources. Astrix specializes in non-human identity (NHI) security for AI agents, with a four-method discovery architecture unveiled at RSAC 2026 that surfaces shadow agents via platform integrations, NHI fingerprinting, EDR telemetry, and BYOS. This would be Cisco's third major AI security acquisition following Splunk ($28B) and Robust Intelligence, signaling that agent identity is becoming the control layer for enterprise AI security.
  3. 2026-03-30 / NEWSScaleOps Raises $130M Series C at $800M Valuation — Kubernetes Resource Automation for AI Workloads Growing 350% YoYScaleOps raised $130M Series C led by Insight Partners at $800M+ valuation, bringing total funding to $210M+. The platform automates Kubernetes resource management in real-time for hundreds of customers including Adobe, Wiz, Armis, DocuSign, and Coupa. Growing 350%+ year-over-year as AI application scaling drives triple-digit growth in compute resource demand. The round includes a secondary transaction for employees worth tens of millions.
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