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Israeli start-ups Industry Continues to Grow Strong
April 29, 2013, category: General,Hi-Tech,Start-ups
Israel has becomea high-tech superpower over the past two decades and continues strong growth
Israel has emerged as one of the world’s leading centers for the development of innovative and start-up companies, with 4,800 high-tech startups in the country today, Israel is known as the ”startup nation.” Of those 4,800, about 700 are VC backed. The rest are bootstrapped, Microsoft’s Tzahi Weisfeld, senior director of Microsoft global startup group in Tel Aviv, told Business Insider.