TITLE

Early Exodus

PUB. DATE
December 2007
SOURCE
Red Herring;12/1/2007, Vol. 4 Issue 30, p68
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article deals with the growing number of Israeli startup companies that are moving their operations to Silicon Valley, California sooner in order to be closer to the world's biggest high technology market. Some Israeli entrepreneurs are moving to the U.S. sooner, and in some cases, starting their companies in Silicon Valley instead of Israel. In the last 18 months, at least 30 Israeli-led startups have moved or launched operations in the Valley, according to a survey by the California Israel Chamber of Commerce (CICC). The rush to California reflects the expansion of Israeli tech startups beyond their traditional sectors of telecommunications, security, and enterprise software into content and Web 2.0 services, according to Shuly Galili, executive director of CICC.
ACCESSION #
28819255

 

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