TITLE

Israeli Tech Startups Raise $1.76 Billion in 2007

AUTHOR(S)
Sandler, Neal
PUB. DATE
January 2008
SOURCE
Red Herring;1/14/2008, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reveals the amount raised by Israeli tech startup companies in 2007, according to a survey released by the Israel Venture Capital Research Center. The survey noted that it represented an 8.5 percent increase over the previous year. However, industry officials believe that prospects for 2008 are not as rosy. Chairman Zeev Holtzman says 2008 will be dependent on the economic situation in the U.S. due to the dependence of the local high-tech industry on investments by U.S. investors.
ACCESSION #
36961812

 

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