Start-Up Israel Start-ups ride a cybersecurity wave into Israel

There are two big “waves” set to hit Israeli hi-tech in the coming year, according to Gadi Tirosh, a general manager at venture capital fund Jerusalem Venture Partners.

One wave will consist of new companies working in the cybersecurity space, as protecting government, enterprise, and consumers from hacking, online espionage, and cyber-terrorism becomes even more vital than in the past. The second wave concerns the place where many of these security-oriented companies will set up shop — Beersheba, a city which will soon host many of the IDF’s advanced technology facilities. As the city grows, multinational giants, like Deutsche Telecom, Ness Technologies, EMC, and others are setting up R&D facilities in the city, drawing from the graduates of Ben Gurion University’s large body of engineering students.

SOURCE: timesofisrael.com