+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The 20 Hottest Startups From Israel In 2014

Jun 15, 2014, 16:30 IST

ReduxioReduxio employees with co-founder Amnon Strasser (far right)

Israel is a 65-year-old country of about 8 million people that is home to between 4,000 and 5,000 startups.

Advertisement

It is second only to Silicon Valley as a hub of tech innovation.

As Israel's tech industry matures, it has, so far, produced 68 public companies traded on Nasdaq.

It has also increasingly attracted investment by venture capitalists worldwide. And it's hottest companies have been a big target of acquisitions, particularly by big U.S. tech companies.

For instance, among the 20 hottest startups we named on our 2013 list, Waze was bought by Google for $1.1 billion, PrimeSense was bought by Apple for $345 million, Soluto was sold to a company called Asurion for an estimated $130 million, and Wix had a successful $119 million IPO,

Advertisement

Once again we compiled this list by asking people in the Israeli tech scene to name the buzzy, hot companies they are watching. Plus we threw in a few of our own. We used CrunchBase as our source for venture funding information.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article