Skybox Security Shuts Down, Lays off Entire Workforce 

Summary: Skybox Security has abruptly shut down its operations, laying off its entire workforce of about 300 employees across Israel and the United States. The company’s business and technology assets have been sold to rival Tufin, which aims to support Skybox’s affected customers during this transition. The announcement of closure came from CEO Mordecai (Mo) Rosen, leaving many employees in a state of uncertainty.

Affected: Skybox Security and its employees

Keypoints :

• Skybox Security raised over 5 million in funding but has now closed operations.
• About 300 employees were affected, including 100 in Israel and 200 in the U.S.
• Tufin has acquired Skybox’s assets and is implementing a support program for affected customers.