Atera, an Israeli IT management software provider, laid off about 10% of its workforce. The reduction affects roughly 30 employees. The company said the job cuts are part of a reorganization.
Restructuring details
Most of the affected employees are based in Israel. Atera said the changes are designed to improve efficiency. The company added that it will direct resources to its main priorities.
Company and funding
Atera was founded by CEO Gil Pekelman and CTO Oshri Moyal. It serves thousands of paying customers across dozens of countries. The company raised $77 million in a Series B round in 2021, bringing total funding to about $100 million.
Platform and Robin AI
Atera develops software for remote monitoring and troubleshooting of IT systems. IT teams can oversee devices, install updates, and resolve technical problems. The company also builds Robin, autonomous AI technology that identifies and fixes IT issues without human help.
Atera said it will continue investing in its IT management platform and Robin. The company also committed to support departing employees during the transition. The United States is its primary market.
Read more: globes.co.il