"Business Insider" yesterday listed Israel's 20 hottest start-up, and praised the country's developed start-up industry. "By some counts, Israel is home to 4,800 startups today. It's also home to least two dozen accelerator/incubator programs in the Tel Aviv area, alone, including some run by Microsoft and Google," it says, adding, "As a startup hub, Israel is second only to Silicon Valley. So it's not easy to name the nation's hottest, most exciting startups because everywhere you turn there are young companies doing really cool things."
Waze Ltd. tops the list, with its crowdsourced traffic reports. "Business Insider" says, "Waze is far and away the hottest, most talked about startup in Israel these days." It adds, "At one point, Apple was rumored to be buying Waze. That didn't happen but the company is doing so well that co-founder Uri Levine has become an angel investor in other Israeli startups, like Pixtr."
Wix is in second place. "It provides free and low-cost websites and lets people with no tech background create beautiful sites. Wix hosts over 30 million sites," "Business Insider" writes.
The rest of the start-ups are:
Published by Globes [online], Israel business news - www.globes-online.com - on May 8, 2013
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