Passion, ingenuity and hard work: The cybersecurity startup story of Israel - Help Net Security

Passion, ingenuity and hard work: The cybersecurity startup story of Israel - Help Net Security

According to Start-Up Nation Central (SNC), there are currently 400 cybersecurity start-ups operating in Israel. In 2018, they raised over $1.2 billion in 96 rounds of funding. That is more money raised than any other vertical market in the Israeli economy. However, as many as 80% of these companies fail to progress from the early stage to mature, high growth companies.


What does this typical growth trajectory indicate? Is it because of a highly competitive market where only a few companies can prosper? Israel is known for its start-up culture – does the country encourage entrepreneurship but not follow through on what is needed to support a business to grow for the long run?


Where creativity is nurtured and encouraged


There is one start-up company for every 1,400 people in Israel. This is the largest number of companies per capita in the world. Ev ..

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