Unicorn Lusha lets go of 10% of employees

Israeli unicorn Lusha is laying off 30 employees, 10% of its total workforce, across all departments. Lusha raised $205 million at a $1.5 billion valuation eight months ago, with a significant part of the round going towards secondary deals. The Series B last November came on the back of a $40 million Series A in February which followed five years of being bootstrapped.
Lusha was founded in 2016 by Assaf Eisenstein and Yoni Tserruya. In May of this year, Plus Ventures, headed by veteran entrepreneur Yossi Moldawsky, and private investor Oren Abekasis, filed a lawsuit with the Tel Aviv District Court claiming that they invested in the previous reincarnation of Lusha, when the company was named Neta Eisenstein Management (2008) and that the founders of Lusha stole the company from its investors.

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calcalistech.com/ctechnews/article/rjqkrgx3q