ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the October 2005 issue


The Top 10


The Globes Business daily has conducted a survey to pinpoint the 10 most exciting Israeli young companies.

We present them below:
Mellanox
Founded: 1999
Employees: 130, mostly at the company's Yokne'am development center
Activity: InfiniBand chip development
Capital raised: $93 million
Investors: Dell, IBM, Sun Microsystems, Gemini, Sequoia Capital, Walden, Jerusalem Global, and others.
CEO: Eyal Waldman

BigBand Networks
Founded: 1999
Employees: 350, about 100 in Israel
Activity: Solutions for transmitting video and multimedia content over broadband networks
Capital raised: $100 million
Investors: Cedar Fund, Charles River Ventures, CommVest, Evergreen Investments, Lauder Partners, Meritech Capital Partners, Pilot House Ventures, Redpoint Ventures, STAR Ventures, Time Warner Ventures
CEO: Amir Bassan-Eskenazi

Rosetta Genomics
Founded: 2000
Employees: 30
Activity: Drug discovery based on microRNA genomic technology
Capital raised: About $10 million
Investors: Teva, Dr. Isaac Bentwich, private investors
CEO: Dr. Isaac Bentwich

Wintegra
Founded: 2000
Employees: 100
Activity: Fabless semiconductor company
Capital raised: $42 million
Investors: Concord Ventures, Magnum Communications, Genesis Partners, China Development Industrial Bank, Marvell/Galileo Technology, Texas Instruments, Plenus, Ron Zuckerman
CEO: Kobi Ben-Zvi

Proneuron Biotechnologies
Founded: 1996
Employees: About 50
Activity: Therapies for neurological disorders, including spinal cord injuries, brain trauma, and neurodegenerative diseases
Capital raised: $41 million
Investors: Teva, Tamir Fishman Ventures, Pitango Venture Capital, Giza ABS GE Capital Fund, Marcus Foundation, Hudson Investment Group
CEO: Nir Nimrodi

FIS
Founded: 1984
Employees: 360, half of them in the UK
Activity: Software for the insurance industry
Capital raised: $9 million
Investors: Formula Vision (39%), Clal Insurance (19%), Genesis Partners (15%), Giza Capital Management (9%), founders (19%)
CEO: Shai Alon
2004 revenue: $42 million

Traiana
Founded: 2000
Employees: 120, 75 of them in Israel
Activity: Software solutions for large financial enterprises Capital raised: $30 million
Investors: Sequoia Capital, Gemini Capital Fund Management, Evergreen Partners, Eastman Chemical Company
CEO: Gil Mandelzis

MobilEye
Founded: 1999
Employees: 100
Activity: Automated on-board driver assistant systems.
Capital raised: $51 million
Investors: Leon and Lenny Recanati, Dr. Shmuel Harlap, Lev Leviev, Gil Agmon, Ari Steimatzky, the Colmobil Group, Delek Motors, Eldan Rent-a-Car, Motorola Ventures, Solid Investment of New York, investor group headed by CPA Eli Gilboa
CEO: Ziv Aviram

Cyota
Founded: 1999
Employees: 120, 85 of them in Israel
Activity: Development of anti-fraud solutions for financial institutions Capital raised: $30 million
Investors: Giza Venture Capital, RRE Ventures, Israel Seed Partners, JAFCO, Poalim Ventures CEO: Naftali Bennett

BitBand
Founded: 1999
Employees: 30
Activity: Video content distribution and delivery solutions over IP broadband networks
Capital raised: $13.5 million
Investors:Sequoia capital, Apax Partners, Aviv Venture Capital (formerly Fantine), The Challenge-Etgar Fund, Ascend Technology Ventures, Portview Communication Partners
CEO: Ervin Leibovici


Reprinted from the Israel High-Tech & Investment Report October 2005

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