Tag: OrCam

8 Israeli Tech Trends, 8 Crazy Nights 2014: Wearable Tech (6/8)

As Israel observes Hanukkah – a celebration of the light among the darkness – it’s time to highlight the tech trends creating sparks within the Startup Nation. Note, these trends are based on our deal flow – what our team sees on the ground. Trend 6/8: Wearable Tech How a trend is born:  You are what you eat, goes the saying. A more modern adaptation would be: you are what you wear. From “smart” watches that sync to your phone, to contact lenses that measure diabetics glucose levels, wearable technology is rapidly spreading to all facets of technology. The wearable technology industry goes back to a device as simple as the once-trendy calculator watch of the ’80s. Today, however, the next wave of wearable technology will far outpace a simple Casio watch. Recent success and traction experienced in the wearable technology industry, such as Facebook’s acquisition of virtual reality headset maker Oculus VR and the 2012 launch of Google Glass, has entrepreneurs and investors alike excited for what should be “the next big thing.” Who’s who:  Israel has also played its part in the recent global innovation occurring in the wearable device market. Here...

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You are what you wear: Wearable Tech from the Startup Nation

“You are what you eat,” goes the age old saying. “You are what you wear,” would be the modern adaption of this well known proverb. From “smart” watches that sync to your phone, to contact lenses that measure diabetics glucose levels, wearable technology is rapidly spreading to all facets of technology. Today, May 12th, 2014 marks Israel’s first wearable technology conference in Tel Aviv. Israeli technology leaders and wearable tech pioneers such as Robert Scoble, Steven Manna and Jonathan Medved will be present for what should be a memorable event. Here is an outline of the recent success and traction experienced in the wearable technology industry that has entrepreneurs and investors alike excited for what should be “the next big thing.” Headlines and Exits Major media outlets announced on Wednesday, March 26th that Facebook had reached a $2 billion agreement to acquire Oculus VR, the maker of a virtual reality headset. The purchase indicated that Facebook intends to enter the arena of competitors trying to give users a live 3-D experience through wearable technology: “Imagine enjoying court side seats at a game, studying...

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