The Tel Aviv stock market rose and the shekel strengthened against the dollar and euro in response.

In a Unit 8200 alumni conference, Yinon Costica was brimming with confidence, which is hardly surprising considering Wiz raised $250 million at a $6 billion valuation last week less than two years since it was founded.

Manufacturers are warning that the strong shekel could wipe out Israeli exports. Some experts disagree.