2013: The Startup Nation’s year in review
From the billion dollar acquisition of Waze to a plethora of IPOs in the industries of agriculture, science, technology, and social media, Israeli startups have been turning heads and smashing records after a very successful year in 2013. Global presence According to Cornell University’s 2013 Global Innovation Index Rankings, Israel ranked 14th of 142 countries in innovation, in addition to earning the number two spot among startup ecosystems worldwide, second only to California’s Silicon Valley. Startups developed in Israel seem to be instant sensations on various global markets. Despite Israel’s meager population of just over 8 million, the less-than sizeable nation-state has more companies listed on the NASDAQ’s exchange than any country after the United States and China . 2013 has been a year of momentous growth in the Israeli startup world — the third quarter of 2013 alone attracted $660 million investor dollars raised by 162 companies, the largest single-quarter performance in well over a decade. High tech success 2013 was a prodigious year for high-tech startups in Israel. While Waze took the cake with its billion-dollar acquisition, other...
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