Israel’s Tech Scene Continues to Thrive – Armin Rosen (Business Insider)
(dailyalert.org, Aug. 1, 2014)
As Bloomberg Newsnoted, investors pumped nearly $600 million into Israeli tech companies betweenJune 12 and July 24.
Moreover, Mobileye, a Jerusalem-based company that makes camera and navigational systems for cars, is expected to raise over $600 million in an IPO this week.
Three Israel-based biotechnology firms are also having their IPOs, and two of them have a projected market capitalization of over $250 million each.