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