The Iron Dome aerial defense system intercepted dozens of the incoming rockets, the IDF added.
It also says an IDF aircraft has targeted two rocket launchers in northern Gaza, and that IDF tanks targeted a number of Hamas military posts.
The Palestinian Ministry of Health says one person has died as a result of the Israeli strikes Saturday, and three others are wounded.
There are no reports of any casualties in Israel from the rocket fire.
Saturday's rocket barrage comes less than a day after two militants from Hamas's armed wing, the Qassam Brigades, were killed in an Israeli strike on Hamas posts in Gaza.
Israel launched airstrikes Friday after two Israeli soldiers were wounded by sniper fire along the Gaza border.
Two further Palestinians died in Gaza Friday, according to the Palestinian Ministry of Health -- both men succumbing to their wounds after being shot by Israeli troops during protests along the Gaza fence, according to health officials.
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