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Monday March 27, 2017

Israeli Startups Are Moving to #SiliconAlley

Tel Aviv Sunrise

Tel Aviv Sunrise (Photo credit: christian.schuit)

The NY-based start up StartApp Inc. did not begin in Silicon Alley. Only six months ago, it’s headquarters were in Tel Aviv where it was founded in 2010. But they said that from the very beginning, their target audience was already the United States.

In fact, the process is similar to what many other successful Israeli startups are following where they gain traction in the global market and then move to the U.S. StartApp and others often begin at Tel Aviv’s Silicon Wadi.

Israel also have more firms on the Nasdaq than any country besides China and the U.S.

Crain’s New York Business