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Israel Money Tree survey Q2 2003 Israel Money Tree survey Q2 2003

08 Oct 2003. Source: PricewaterhouseCoopers, Kesselman & Kesselman.
Private equity firms invested $243m in Israeli high-tech companies, according to the PricewaterhouseCoopers and Kesselman & Kesselman Israel Moneytree Survey. This represents a 70 per cent increase when compared to the previous quarter and a 12 per cent increase compared to the corresponding period in the previous year.

The communications and networking sector received the greatest amount of venture investment, with $80m invested in 18 companies, as compared to $30m invested in ten companies in the previous quarter.  The software sector also experienced an increase in venture investment with $60m invested in 16 companies, as compared to 13 companies and $32m in the first quarter of the year.

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PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest professional services organisation. Drawing on the knowledge and skills of more than 150,000 people in 150 countries, we help our clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance in an Internet-enabled world.

For further information please contact Adi Bengal, The Israeli MoneyTree Project Manager, Kesselman & Kesselman PricewaterhouseCoopers(Isr.), Trade Tower, 25 Hamered Street, Tel Aviv 68125, Israel, Tel: 972-3-7954619, E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
 

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