Israeli tech firms brace for more cost savings, downsizing to get through global slowdown as the stronger get stronger and the weaker get weaker

A $500m fund-of-funds will back other funds looking to invest in startups in Israel, Europe, Canada, and US; the other is a secondary fund

California-based startup founded by Israelis in 2013 seeks to 'revolutionize banking for small business owners'; will use funds to further build up its business banking software

The fund will co-invest with other US, EU funds in growth-stage technology startups in Israel and the EU