January 27, 2015

Israel's Tech Companies Broke All Records in 2014

In 2013, Israeli tech companies raised $2.3 billion and another $1.2 billion in exits and mergers. 

But in 2014, these companies did even betterIsraeli high-tech companies raised a record $3.4 billion in 2014 from venture capital and other private investors, a 46% rise in investments.  

The data on exits is even more startling:  $15 billion in exits in 2014 alone.  For example, cloud storage giant Dropbox acquired Israel-based startup CloudOn and Amazon is now negotiating to purchase Israeli chip-maker Annapurna Labs.

Reuters reports: 
Investors raised $6.94 billion from selling stakes in Israeli technology companies in 2014, a five percent increase compared to last year, boosted mainly by an increase in stock market listings.  It was the third-highest figure after 2006 and 2012, years marked by major acquisitions of Israeli companies...