We’re celebrating Hanukah in Israel right now and given all the fun and festivities going on, we thought it would be a good time to look back over the past few months and highlight some of the tech trends we’re seeing in startup land in the Startup Nation.
As a caveat, these trends are based upon our deal flow – what we’re seeing on the ground.
So, Happy Hanukah and enjoy.
>>Read about all the top Israel technology trends this holiday season<<
:::::::::Security, physical and virtual::::::::::
The Problem: there are still a huge amount of online hackers, viruses, thieves, and terrorists that provide threats to people all over the world. The war on terror continues.
The Solution: Israel is known for its excellence in security- physical and digital. With all of Israel’s surrounding enemies, there wouldn’t be a country without this excellence. It has paid off too: the Iron Dome potentially saved many lives while internet security inventions made many people rich.
- SiteBlackBox: this Tel Aviv based company identifies genuine users from abusers who cause losses and business disruptions. SBB enhances security, improves the user-experience, and ultimately increases revenue. SiteBlackBox’s users include internet giant Ebay, CellarTracker, Similar Group, and Junk Mail.
- Nativeflow: formerly called AE Squared, Nativeflow provides enterprises with the means to achieve centralized control, security and regulatory compliance for corporate data used on smart devices. With the company’s unique solution, employees have the freedom to safely use personal and business data on managed and unmanaged consumer devices. AE Squared is backed by JVP, a leadingventure capital fund with over $900 million under management.
- Lockitron: mobile app that enables users to lock his or her door from anywhere in the world. It is a two part app. It comes with a lock cover that connects to your phone over wifi. This cover twists and locks the door from a touch of a button on your phone. Nearly 15,000 people have pre-ordered Lockitron.
- Iron Dome: the iron dome is a defense mechanism that defends civilians in a large radius from terrorist attacks. The Iron Dome stands on four feet, and uses radar to calculate the trajectory of the terrorist missile. It then launches a missile of its own and explodes the oncoming missile. The Iron Dome was developed by Rafael Advances Defense Systems, and in operation Pillar of Defense intercepted 471 missiles.
The Future: With the average Israeli M&A at $60 million, Israel will likely continue to develop creative and innovative solutions to any problem; I mean for 60 million bucks I would try to fix some problems too. However, it is more than just a payout. Israel must find solutions to combat its surrounding enemies; on the ground and in the internet. Tech giants love acquiring Israeli startups, and that will be the case for years to come, especially in the security sector.
>>Read about all the top Israel technology trends this holiday season
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[bra_team_member member_name=”Elan Yudkowsky” member_position=”Intern at OurCrowd” member_img_src=”http://blog.ourcrowd.com/wp-content/uploads/2012/10/elan.jpg” member_social_list=”LinkedIn, http://www.linkedin.com/pub/elan-yudkowsky/5a/689/649″ member_columns=”2″]Elan Yudkowsky is an intern at OurCrowd. He will be attending the University of Maryland in the Spring.[/bra_team_member]