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CalcalistEconomy

Israeli Tech Firm Atera Lays Off 10% of Staff, Mostly in Israel

Translated & summarized from Calcalist by baba

BusinessNeutral tone

Hebrew · 2 newsrooms covering

Israeli tech company Atera has laid off about 10% of its 320 employees, primarily in Israel, as part of organizational changes to improve efficiency and focus on strategic priorities. The company develops an AI-powered platform for IT system management and troubleshooting. Founded in 2010, Atera has raised $100 million to date and serves thousands of customers worldwide.

The story in 6 lines · by baba

  • Israeli tech firm Atera laid off approximately 10% of its 320 employees.
  • The majority of the 30 laid-off employees are based in Israel.
  • The company cited organizational changes to improve efficiency and focus on strategic priorities.
  • Atera develops an AI-powered platform for IT system management and troubleshooting.
  • The company raised $77 million in 2021, with total investments reaching $100 million.
  • Atera was founded in 2010 by CEO Gil Pekelman and CTO Oshri Moyal.

Atera, an Israeli technology company specializing in a platform for managing, predicting, and preventing IT system failures, has laid off approximately 10% of its workforce. The company, which employs around 320 people, will see about 30 employees depart, with the majority of them located in Israel. Atera stated that these organizational changes are intended to enhance efficiency, focus resources on strategic priorities, and support continued growth and market leadership. The company will continue to invest in its IT management platform and its autonomous IT technology, Robin. Atera expressed gratitude for the contributions of the departing employees and committed to supporting them during their transition.

Atera's platform enables IT technicians to remotely manage, monitor, and address updates and issues within organizational computer systems. It incorporates advanced AI capabilities for automatic troubleshooting, reducing the need for manual technician intervention. The company raised $77 million in a Series B funding round in 2021, bringing its total investment to approximately $100 million. Founded in 2010 by CEO Gil Pekelman and CTO Oshri Moyal, Atera serves thousands of paying customers globally, with the United States being its primary market.

CalcalistOther · Tel Aviv

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Mentioned

Full coverage · 2 outlets
First: Calcalist · 29m ago

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