Israel's tech start-ups "thriving" despite unrest
How are Israel's tech start-ups faring in the face of the ongoing conflict? Rosie Clarke investigates

ANALYSIS: The Gaza crisis is having little impact on the output of the Israeli tech start-up community.
In spite of the country's reputation as a world-leading start-up ecosystem, strict conscription laws have pulled many Israeli businesses directly into the conflict.
But in a conversation with IT Pro, the minister of the economic and trade mission at the embassy of Israel in London, Nathan Tsror, insisted it has been "business as usual" for many of the country's start-ups during the hostilities.
"The Israeli economy is remarkably robust. This was the case during the recent economic downturn, it was the case during previous conflicts and it has once again been demonstrated during Operation Protective Edge," he said.
"Despite the fact that over 70 per cent of the country has been exposed to increased volumes of rocket attacks, the robust Israeli economy continues to operate as normal with very little impact from the conflict."
Start-up M&A deals in Israel have become increasingly more impressive. Waze, a navigation app, was sold to Google for an estimated $1.1 billion in June 2013 while the cyber security newcomer Cyvera was acquired by Palo Alto Networks in March 2014 for $200 million.
Israeli innovation
Get the ITPro daily newsletter
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
Investment in Israeli technology is on the upswing and the rate of early-stage start-up growth has remained stable because of the flexibility of Israel's IT ecosystem, according to experts.
Mira Marcus, a spokeswoman from the start-up city's Tel Aviv Municipality, explained: "One of the reasons why Israel in general and Tel Aviv in particular is so innovative is because of survival and resilience. And we see that now as well.
"We had a few exits [sell-offs] that were very big during the recent operation so we see that the business side is still thriving."
At present, there are around 700 early stage businesses in Tel Aviv alone, she said, that specialise in the production of a wide range of technologies.
"While clean tech is very big in the rest of Israel, the strength here is really internet and mobile as we're doing very cutting edge things in that field," she said.
The city is currently preparing for its annual DLD festival, which will showcase the latest start-up technologies.
"We're having about 2,500 people fly in from around the world. We're having a start-up competition worldwide to find the best start-ups. We're also exhibiting different technologies being developed in Tel Aviv including a fashion show of wearable technology and a huge robot that's going to be imitating people's movement's while walking down the street," Marcus continued.
These glamorous planned events juxtapose the border conflict happening beyond the city, as Tel Aviv is located just 53 miles from the Gaza strip. But not all tech companies in Israel have moved through the conflict unscathed.
Continues over the page...
-
M&S suspends online sales as 'cyber incident' continues
News Marks & Spencer (M&S) has informed customers that all online and app sales have been suspended as the high street retailer battles a ‘cyber incident’.
By Ross Kelly
-
Manners cost nothing, unless you’re using ChatGPT
Opinion Polite users are costing OpenAI millions of dollars each year – but Ps and Qs are a small dent in what ChatGPT could cost the planet
By Ross Kelly
-
Predicts 2024: Sustainability reshapes IT sourcing and procurement
whitepaper Take the following actions to realize environmental sustainability
By ITPro
-
Advance sustainability and energy efficiency in the era of GenAI
whitepaper Take a future-ready approach with Dell Technologies and Intel
By ITPro
-
2024 State of procurement report
Whitepaper The trends shaping the future of business buying
By ITPro
-
Digital optimisation paves the way to strategic supplier management
Whitepaper Procurement’s role as a strategic driver
By ITPro
-
Bringing order to the file management chaos plaguing AEC firms
whitepaper How a cloud-based solution, supported by edge technology, helps architecture, engineering, and construction firms boost performance and cut costs
By ITPro
-
File data services to support modern manufacturing
whitepaper Smart file data services deliver resilience and intelligence to the modern manufacturing organization
By ITPro
-
Innovation in product development
whitepaper The latest data on how successful product development teams collaborate to build the future
By ITPro
-
The small and medium business guide to buying
Whitepaper Optimising purchasing to save in 2024
By ITPro