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Israel Becoming a Go-To Place for Cybersecurity

A report released by IVC Research Center in advance of this year’s annual Cybertech 2016, highlights how a tight interplay between industry, investors, and the government has turned Israel into a center of cybersecurity technology. “Indeed, it is second only to the United States, according to Gadi Tirosh, managing partner at Jerusalem Venture Partners, which has been one of the country’s most active investors in cybersecurity” reports David Shamah in the Times of Israel.

In 2015, 78 Israeli cyber companies raised $540 million in capital, an increase of 20% compared to 2014. Since 2011, more than 230 local and foreign investors have invested in over 165 Israeli cyber technology startups.

Interactive map created by Weave showing over 170 venture-backed Israeli cyber technology startups and their ties to funds.

By CircleID Reporter

CircleID’s internal staff reporting on news tips and developing stories. Do you have information the professional Internet community should be aware of? Contact us.

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