The US-based AI company, which plays in a prominent role in Ukraine's war with Russia, has an agreement with the Defense Ministry, but IDF military intelligence declined its services.
The company buys up startups, many of them Israeli, so that it can offer cybersecurity software packages at major discounts to its clients' data security managers.
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It is still too early to tell if the Pegasus affair and US blacklisting of some cyberattack companies will harm the Israeli industry or actually boost global demands for such products.
Merlin Ventures TLV manager Shay Michel told the Globes Startup Conference that the US administration's tougher cybersecurity stance provides openings for Israeli startups.