Israeli tech CEO who was severely wounded in Gaza sells startup for about $100 million
Publishing timestamp: 2024-12-23 16:53:17
Summary
Itamar Ben Hemo, who was wounded in Gaza less than a year ago, sold his software startup Rivery to Boomi for around $100 million. Despite his injuries, Ben Hemo continued to work and lead his company through the fast-moving technological upgrades in the industry. Boomi CEO Steve Lucas praised Ben Hemo's fortitude and the real-time AI integration capabilities of Rivery. The acquisition will help Boomi stay on track with AI advancements and quickly address customer service issues. Despite the risks of doing business in Israel, Lucas sees the potential for innovation in the country. The sale also benefits the family of a Rivery employee who was killed on duty. Israeli tech industry is showing signs of rebound after the war, with increased investments and exits from start-ups.
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Keywords: enterprise, breaking news: technology, technology, venture capital, business news, alphabet inc,