INC
by John Bootnott
June 15, 2015

Venture capitalists from all over the world are flooding their money into a longtime startup powerhouse, Israel.

…The term “unicorn” was coined by Aileen Lee of Cowboy Ventures on TechCrunch back in 2013, and refers to tech companies started since 2003 that are valued at $1 billion by private or public markets. At the time, there were 39 U.S. companies identified as unicorns, while Israel had yet to declare any such “rare, mythical creatures.” Today, Fortune lists just over 100 US-based unicorn startups, and Israel has proudly produced several of their own — thanks, in no small part, to venture capitalists investing millions into Israeli tech-businesses. “Israel has produced ten billion dollar unicorn exits over the last two years,” says tecnhnology VC Johnathan Medved, CEO of OurCrowd. READ MORE