Thursday, July 19, 2007

Hi-tech investments in Israel climb 4% in Q2 of 2007

Resource Shelf posted PWC's latest report on High Tech Investment in Israel. According to the MoneyTree report, compiled by Kesselman & Kesselman (PricewaterhouseCoopers) , venture-backed hi-tech companies raised approximately $319 during Q2 of 2007, merely 6% higher than the comparable period last year.

Other interesting facts from the report:
  • The average investment per company was $4 million this quarter compared to $3.8 million in the previous quarter.
  • $626 million were invested in 161 high-tech companies in the first half of 2007
  • The Communications & Networking sector maintained its lead, with 26 companies raising
    approximately $133 million, representing approximately 42% of total investments for the quarter, thelargest share of the total investment in the last three years.

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