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Startup Roundup
After big year, 2013 looks ripe for Israeli startups
The numbers are in: PwC Israel reported $5.5 billion in exits by Israeli high-tech companies in 2012 (and that doesn’t include Cisco’s $5 billion purchase of Jerusalem’s NDS). Overall, there were 50 transactions, each averaging $111 million — the highest figure since 2005. And 2013 looks even better. Here’s why.
Technology Corner
Bots are destroying the Internet. This technology prevents attacks
Bots are destroying Internet business. This technology prevents attacks, and makes clients money.
Web attacks are a HUGE problem and growing. So is scraping — a nasty process where bots analyze and steal corporate data. Our newest portfolio company, SiteBlackBox has blocked an estimated 15 billion bots and threats and that’s growing every minute. One customer even said that revenues went up 10% once the bots were turned away. Read about SiteBlackBox and see our video about the startup on our site.
Trending Israeli Entrepreneurs
2012 Entrepreneur of the Year is…Israeli and a Woman
Pink-haired Israeli MIT-grad Limor Fried was recently named Entrepreneur Magazine’s Entrepreneur of 2012. Limor runs adafruit Industries, a company with 25 employees that produces some pretty cool — and geeky — gadgets. Mazal tov, Limor. Read more about her interesting story here.
The 7 things that make successful startup founders
Identifying traits that make for talented entrepreneurs is the holy grail of startup investing. OurCrowd’s Jeremy Pressman attempts to help investors pick winners by summarizing the literature on startup talent.
OurCrowd launches with $12 million round, invests in 12 awesome companies
The Wall Street Journal called us the “most interesting investment” of the week, bringing together 10 seasoned investment pros to create a crowdfunding hybrid to back Israeli startups. ‘Nuff said. Read the press’ coverage of OurCrowd here.
Network with OurCrowd in Herzeliyah
We’re hosting a small shindig for all our friends and investors in Israel. Clear your calendar to meetup with us at the IDC Auditorium. Looking forward to seeing you. For more details and to signup, go here.
