Onavo, the Tel Aviv-based mobile analytics startup, recently announced that it has been acquired by Facebook (for a reported $200M). Facebook plans to use Onavo as its first official office in the Startup Nation, giving it a front row seat to scout new talent and technology in Israel. To read more about the acquisition and Facebook’s plans, click here.
Israel has the highest concentration of startups in the world. Over the past 63 years, thousands of Israeli startups have given rise to innovations in fields as diverse as irrigation, GPS navigation, and cherry tomatoes. But how many are truly changing the world? To read No Camels’ top 10 list of Israeli tech changing the world, click here.
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Trending Israeli Entrepreneurs
Israel’s UN Ambassador, Ron Prosor, on the ‘Chutzpa’ nation
If you ask a roomful of Israelis why Israel is the success story of the twenty-first century, you’ll likely be met with a variety of answers and opinions. However, if you pay close attention to those answers, you’re probably going to find one major element in common – Chutzpah. Israel’s ambassador to the UN, Ron Prosor, explains what makes Israel the Start Up Nation. To read more click here.
Israeli startup, Wilocity, raises $35M
Wilocity, the multi-gigabyte wireless chipset developer has secured a $35M investment. Wilocity plans to use the nice chunk of new change to break into the smartphone market. To read more, click here.
Israeli startups raise $660M in Q3, most since 2000
Israeli startups raised $660M in the 3rd quarter of 2013, a 34% increase from the $493M in the previous quarter, making this quarter the most active since the year 2000. To read more, click here.