Mobile Start-Ups Thrive in Israel

[Fierce Mobile Content] Levi Shapiro - Israeli companies have made their country a leader in the mobile media sector. More than 30 multinational companies operate telco-related R and D facilities in Israel. Despite the global recession, 462 Israeli hi-tech companies raised more than $1.75 billion last year - the most in six years. Israel, with a population of only 7 million, ranks second in the world (after the U.S.) in funds raised by technology start-ups, according to the World Economic Forum. According to the Israel Export Institute, Israel has the world's highest proportion of scientists and engineers with postgraduate education: 135 per 10,000, compared to 78 per 10,000 in the U.S.


2008-12-12 08:00:00

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