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IATI - Israel Advanced Technology Industries
IATI - Israel Advanced Technology Industries
IATI News & Events Daily Industry News Tel Aviv on "8 Emerging Tech Hubs" List

Tel Aviv on "8 Emerging Tech Hubs" List

Feb. 25, 2014

Today, with the decentralising nature of the Internet, distributed cloud technology and a growing sentiment toward entrepreneurship, the global startup ecosystem has never been so dispersed.

From the Far East to the Mediterranean, TheNextWeb found eight cities where technology’s influence is growing by the minute, and the world should start paying close attention. One of them is Tel Aviv, Israel. The project says: 

Perhaps its no longer as surprising, but with 5,000 startups the Silicon Wadi  (‘Valley’ in Hebrew) of the Mediterranean is certainly worth a mention.

It has the highest density of startups in the world and 61 companies in NASDAQ. From BillGuard’s crowdsourced personal finance security to Wix’s web publishing tool and Cardboard Technologies’ biodegradable bicycle, the startup landscape has a reputation of being the most inventive in the world.

It’s no wonder Google invested top dollar in its 8,000 sq. meter Tel Aviv offices.

For the full list on TheNextWeb click here.

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