Amid the war, much of Israel's tech community is still finding a way to push forward, according to a handful of tech community members CNBC spoke with.
"Many, many members of the tech community have been called up to reserve duty," Yaniv Sadka, an investment associate at aMoon, said.On Saturday, Dvir Ben-Aroya woke up expecting to go on his regular morning run. Instead, he was met with blaring alarms and missiles flying over Tel Aviv.and Wix, was confused for over an hour — "No one really knew what was going on," he recalled — but as time passed, social media and texts from friends began to fill him in.
Israel's tech community accounts for nearly one-fifth of the country's annual gross domestic product, making it the sector with the largest economic output in the country, according to the Israel Innovation Authority. The tech sector also makes up about 10% of the total labor force. Even during war, much of Israel's tech community is still finding a way to push forward, according to Ben-Aroya and a handful of other members of the tech community CNBC spoke with.
Pentera operates from 20 countries, with Israel having the largest employee base, and it specializes in mimicking cyberattacks for clients such as BNP Paribas, Chanel and Sephora to identify system weaknesses. Ratzon said he has had to restructure some international commitments amid the conflict — canceling the training session some employees were flying into Israel for, asking someone to cover for his planned keynote address in Monaco, and having German and U.K.
Of digital bank One Zero's almost 450 employees — all based in Israel — about 10% were drafted for reserve duty, CEO Gal Bar Dea told CNBC. He was surprised to see people constantly volunteering to cover for each other in an employee WhatsApp group. "Many, many members of the tech community have been called up to reserve duty," Yaniv Sadka, an investment associate at aMoon, a health tech and life sciences-focused venture capital firm, told CNBC, adding that a large swath of the community has been called to serve in Israel's intelligence units as their reserve duty.
"It's thousands upon thousands upon thousands of people taking care of each other. There are everyone from teenagers to senior citizens helping," he said.
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