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Israeli cybersecurity firms doubled funding to $4 billion in 2024, driving economic growth.
Israeli cybersecurity firms raised a record $4 billion in 2024, doubling the previous year's funding.
This growth, fueled by increased demand for cloud protection and AI advancements, has significantly boosted Israel's economy, accounting for 20% of economic activity and over half of exports.
Despite geopolitical instability, the industry's resilience and global investment interest suggest continued growth.
4 months ago
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