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VC Funding And Acquisitions Of Israeli Startups In November "Israel is clearly the world's second source of major innovation--there is Israel and there is Silicon Valley," Jonathan Medved told CNN last month. To support this assertion, Medved, a venture capitalist, entrepreneur, and Israel's "unofficial economic ambassador" (as Senor and Singer call him in Start-Up Nation) pointed to "over 300 technology leaders" that have established R&D centers in Israel and "over 600 Israeli companies" that get venture capital funding each year.
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