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The 20 Hottest Startups From Israel In 2014

Jun 15, 2014, 16:30 IST

ReduxioReduxio employees with co-founder Amnon Strasser (far right)

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

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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.

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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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Once again we compiled this list by asking people in the Israeli tech scene to name the buzzy, hot companies they are watching. Plus we threw in a few of our own. We used CrunchBase as our source for venture funding information.

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