Joonko CEO Illit Raz steps down after investigation finds 'egregious, unethical and fraudulent conduct' following irregularities in financial statements

Funding round led by Insight Partners; investors include subsidiary of UAE sovereign wealth fund Mubadala Investment Company

Investment comes 4 months after previous round, when Wiz was valued at $1.8 billion

Tel Aviv-based startup uses AI, algorithms and cloud computing to perform deep analysis and number-crunching on anything that could affect public vehicle schedules

Founded in 2015, Armis has a platform that protects firms from risks as they connect all manner of devices into their systems