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Every year Deloitte Brightman Almagor Zohar, a professional services firm under the interational Deloitte brand in Israel, releases an annual list of Israel’s top 50 fastest growing technology companies for the year based on percentage revenue growth over a five-year period. Seventeen software companies ranging from security to finance to storage made the list this year. Below is the top 10 software companies on the list and a little more about them. Will you be using any of these companies’s technologies in 2011?

Safend

Safend Deloitte Fast 50Israeli data protection company, Safend offers products for data encryption and port and device control. Founded in 2003, Safend was named to Gartner’s Magic Quadrant for Mobile Data Protection in 2009. The company also rounded out its suite adding Safend Inspector and Discoverer to Safend Reporter, Safend Encryptor and Safend Protector.

Algosec

AlgoSec Fast 50Founded in 2003, AlgoSec is a leading provider of firewall operations and security risk management solutions. Its AlgoSec Firewall Analyzer and FireFlow™ products improve efficiency and reduce costs by intelligently automating formerly time- and labor-intensive tasks surrounding firewall, router and VPN management. In 2009 the company received a “Best of 2009″ designation from SC Magazine for its products.

Promisec

Promisec Fast 50Promisec, an internal network security solutions company, was founded in 2004 and offers the double benefit of securing networks and managing power on desktops. It was added to Pacific Gas & Electric (PG&E)’s power rebate list in 2010 and was one of the RedHerring 100 companies for 2009. Its products include Promisec Spectator, Promisec INNERspace, and Promisec MSP.

Imperva

Imperva logoImperva is an application data security company that was founded in 2002 by Amichai Shulman and Check Point Software co-founder Shlomo Kramer. The company was named to Red Herring’s Top 100 in 2007 and grew by more than 80% in 2008. Its success during the recession has been attributed to its software helping customers cut costs. Imperva’s products include the SecureSphere Data Security Suite, SecureSphere Web Application Firewall and Database Activity Monitoring.

cVidya

cVidya Fast 50Founded in 2000, cVidya Networks provides Telecom Revenue Assurance and Dealer Management solutions. A recipient of the 2009 and 2010 Global Telecom Business Innovation awards, cVidya’s Integrated Revenue Intelligence Solutions (IRIS®) includes MoneyMap®, FraudView®, and BusinessView™.

Red Bend software

Red Bend logoRed Bend Software is considered to be a market leader in Mobile Software Management and Firmware Over-the-Air (FOTA) update solutions. Founded in 1999, Red Bend Software offers solutions that give phone users more control over what software components they want on their phones while also increasing the data service revenues of phone carriers. The main solutions include firmware updates, software component updates and data management.

InfoGin

InfoGin logoInfoGin was founded in 2000 by Eran Wyler after he foresaw the “need for surfing the real Internet on any mobile device.” Over the years, InfoGin has become a leader in “Web-to-mobile content adaptation, enabling mobile users to access any Web site they desire, optimized to their mobile device.” The company’s Internet Mobile Platform (IMP) technology is currently being implemented by several major companies, including Virgin Mobile (UK) and MapQuest.

Modelity Technologies

Established in 2000, Modelity Technologies offers a financial modeling and portfolio analytics platform for financial institutions, such as banks and insurance companies, to stay competitive and improve their performance. Its products include Modelity/Advisor, Modelity/Funds and Modelity/Structures.

IDIT I.D.I. Technologies

IDIT logoIDIT Technologies was founded in 1998 and offers SOA-based software solutions for the insurance industry. In July 2009 Forrester Research named the company among the hot insurance tech companies to watch in 2009, mainly for its multi-language and currency support innovations. The IDIT software suite addresses the specific end-to-end needs of general insurance for the insurance and financial markets including Business Intelligence, Workflow Management and Customer Relationship Management (CRM). IDIT’s R&D center is headed by Lilia Waserman and its customers include Alfa Insurance and RAC Insurance.

Commtouch Software

Commtouch logoFounded in 1991, Commtouch develops software to protect e-mail by offering spam and Zero-Hour™ virus outbreak protection. Its anti-spam solutions feature its Recurrent Pattern Detection (RPD) technology and have been licensed by over 80 security and messaging vendors and providers including Aladdin, Check Point, Fujitsu and LG N-Sys.

Related stories:
Initial Thoughts on the Fastest Growing Tech Companies in Israel in 2010
Israel’s fastest growing software companies of 2009
Israel’s fastest growing software companies in 2008

Last month Deloitte Brightman Almagor Zohar, a professional services firm under the interational Deloitte brand in Israel, released its annual list of Israel’s top 50 fastest growing technology companies for 2009 based on percentage revenue growth over a five-year period. Fifteen software companies ranging from security to finance to storage made the list. Below is the top 10 software companies on the list and a little more about them. Will you be using any of these companies’s technologies in 2010?

Red Bend software

redbend_logoRed Bend Software is considered to be a market leader in Mobile Software Management and Firmware Over-the-Air (FOTA) update solutions. Founded in 1999, Red Bend Software offers solutions that give phone users more control over what software components they want on their phones while also increasing the data service revenues of phone carriers. The main solutions include firmware updates, software component updates and data management.

Imperva

imperva_logo1Imperva is an application data security company that was founded in 2002 by Amichai Shulman and Check Point Software co-founder Shlomo Kramer. The company was named to Red Herring’s Top 100 in 2007 and grew by more than 80% in 2008.  Its success during the recession has been attributed to its software helping customers cut costs. Imperva’s products include the SecureSphere Data Security Suite, SecureSphere Web Application Firewall and Database Activity Monitoring.

InfoGin

infogin_logoInfoGin was founded in 2000 by Eran Wyler after he foresaw the “need for surfing the real Internet on any mobile device.” Over the years, InfoGin has become a leader in “Web-to-mobile content adaptation, enabling mobile users to access any Web site they desire, optimized to their mobile device.” The company’s Internet Mobile Platform (IMP) technology is currently being implemented by several major companies, including Virgin Mobile (UK) and MapQuest.

Safend

Israeli data protection company, Safend offers products for data encryption and port and device control. Founded in 2003, Safend in 2009 was also named to Gartner’s Magic Quadrant for Mobile Data Protection. The company also rounded out its suite adding Safend Inspector and Discoverer to Safend Reporter, Safend Encryptor and Safend Protector.

PineApp

pineapp_logoPineApp is an e-mail and content systems security provider. Founded in 2002 by Gabriel Mizrahi and headquartered in Israel, PineApp’s products enhances email security by protecting against email-based spam and virus attacks. Its products include Mail-SeCure, Surf-SeCure and Secure SoHo. Earlier this month the company introduced two new products to its line, Mail-Encryption and Archive-SeCure.

Commtouch Software

commtouch_logoFounded in 1991, Commtouch develops software to protect e-mail by offering spam and Zero-Hour™ virus outbreak protection. Its anti-spam solutions feature its Recurrent Pattern Detection (RPD) technology and have been licensed by over 80 security and messaging vendors and providers including Aladdin, Check Point, Fujitsu and LG N-Sys.

Zend

Zend offers products and services for developing, deploying, and managing business-critical PHP applications. The company was founded by Andi Gutmans and Zeev Surask and its customers include McAfee, UPI and IBM. In September 2009, Zend along with its partners, IBM and Microsoft, announced a new initiative for PHP developers who are working on cloud-focused apps. Its products include Zend Server, Zend Platform and Zend Core.

IDIT I.D.I. Technologies

IDIT Technologies was founded in 1998 and offers SOA-based software solutions for the insurance industry. In July 2009 Forrester Research named the company among the hot insurance tech companies to watch in 2009, mainly for its multi-language and currency support innovations. The IDIT software suite addresses the specific end-to-end needs of general insurance for the insurance and financial markets including Business Intelligence, Workflow Management and Customer Relationship Management (CRM). IDIT’s R&D center is headed by Lilia Waserman and its customers include Alfa Insurance and RAC Insurance.

PNMSoft

PNMSoft is a Business Process Management (BPM) and workflow software provider. Founded in 1996, PNMSoft provides customers, such as Amdocs, Microsoft and Philips, with solutions to better manage content and businesses from start to finish. PNMSoft’s poducts include SEQUENCE BPM workflow software based on Microsoft’s Windows Workflow Foundation platform. The company currently has an R&D center currently in Israel and was a Microsoft 2009 SOA and Business Process Partner of the Year Finalist.

VIZrt

VIZrt offers content production tools for the digital media industry. It was founded in 2000 and some of its clients include Fox, CBS and The Globe and Mail. Along with its products Viz Content Pilot and Viz Artist, VIZrt also offers mobile solutions. In 2008, Vizrt acquired Escenic.

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During the week of May 24, 2009, investments picked up with Tigo Solar, GreenRoad and Peer39 all receiving funding in the eight digits. Aladdin Knowledge Systems, under new ownership, received a nomination for its innovative information security technology, while 3DV – recently purchased by Microsoft – isn’t the only Israeli motion sensor company the software giant is looking to for improvements to its gaming technology. For more on these stories and the rest of this week’s 8 Israel-related headlines from the week of May 24, 2009, check below.  

Cleantech
1. Tigo Solar Energy Secures A $10 Million Investment

2. GreenRoad raises $15m from DAG Ventures and existing investors

Investments
3. Peer39 Raises $10.5 Million

Information Technology
4. Finalists Selected for 2009 CompTIA SoftwareCEO Software Innovation Awards (Aladdin Knowledge Systems)

5. More for less (SoftXpand)

6. New Email Technology Boosts US Businesses

Miscellaneous
7. Peeling back another layer of detail on Microsoft’s secret gesture-control system for games

8. Nostalgia Sunday – Dubon

The 2009 RSA Conference kicked off yesterday in San Francisco. As the conference is the biggest annual information security one in the world and Israel is a leader in the field, several Israeli companies are present this year as sponsors, exhibitors, speakers and attendees. Some of the companies exhibiting and attending include:

Hot topics expected to be discussed in depth throughout the conference are cloud computing security, conficker worm and the conflict between national security concerns online and the protection of citizen’s rights.

Though reports indicate that overall attendance at the conference this year is significantly lower than in previous years due to the state of the economy and companies cutting back, it is unclear how this has impacted participation and attendance among Israeli companies compared to past years.

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During the week of March 22, 2009, it was announced that Israel will share its farming technology with Kenya and more details of the government’s water technology initiative, NEWTech were given. The sale of Aladdin Knowledge to Vector Capital was completed with the news that Aladdin and SafeNet were under common management and information security company, Tufin, added new features to its firewall management platform. Facebook became even more stalkerish with a new photo facial recoginition and tagging application by Israel-based Face.com and SEO guru, Barry Schwartz shared what he found Israeli SEMs are looking for. These stories are only some of the main ones that made it into the media last week. For links to these and the rest of the stories from the week of March 22, 2009, check below. 

Cleantech and Environment

1. Israel NEWTech, A Government Initiative To Promote And Grow Israeli Water Technology And Innovation

2. Israel to share farming technology with Kenya

Investment and M&A

3. Value of Israeli high-tech M&A fell 19 percent in 2008

4. Funded: GoViral, BriefCam, Extreme Reach (BriefCam)

5. SafeNet, Aladdin Knowledge Under Common Mgmt

Information Technology

6. HP to Provide Compaq My Bhasha with its Desktops

7. New Cyber-Ark controller clocks all super-user activity

8. SkillIQ is set to Revolutionize the Human Resources World

9. Dell Certifies Aternity as ISV Partner

10. Tufin adds white lists to firewall management platform

Miscellaneous

11. Israel’s Explay helps you see the big picture

12. First Look: Photo Finder facial recognition app for Facebook

13. Drops in the bucket

14. Partnerships between Florida, Israel are key

15. What Israeli SEMs Want

Bonus: TechCrunch’s Sarah Lacy in Israel and reactions. 

Sarah Lacy, August 2008

Sarah Lacy, August 2008

Last week Twitter and the Web erupted when the newest member of the TechCrunch team, Sarah Lacy, posted that Israeli entrepreneurs lost their mojo and that investing in Israel was overhyped. Here are are just some of the responses to Lacy’s post as well as her post and its follow up. 

Now that China Is the New Israel…What’s Israel? (TC)

What’s behind Sarah Lacy trash talking the Israeli VC scene

Israel is the new Israel (Israel Innovation 2.0 response)

Israel Hype Cycle

Sarah Lacy, David Li and the Wrong Side of Historical Performance

Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II) (TC)

Twitter responses

Twitter responds

In celebration of Ada Lovelace, the first female programmer, today is Ada Lovelace Day. To honor her contributions in science and technology and inspire others to follow her path, thousands of bloggers, including myself, have pledged to blog about specific women in science and technology or about women in science and technology in general on this day to help raise the profile of women in technology.

For this, I have decided to provide the biographies of six of the many women who are shaping Israel’s technology industry who I think are amazing. Please note that these women are far from the only ones who have contributed and/or are contributing in Israel and that there are many others just as inspiring:

Orna BerryOrna Berry has been an active member of and contributor to Israel’s science and technology industries for three decades and has significantly helped shape Israel’s venture capital and industry landscapes. After playing the role of entrepreneur by co-founding ORNET Data Communication Technologies Ltd. in 1993 and then successfully selling it to Siemens AG in 1995, Berry joined Gemini Israel Funds as a Partner in 2000, where she has helped startups, such as Prime Sense and Aladdin Knowledge Systems Ltd., get off the ground and establish themselves.

In addition to working with companies individually as a venture capitalist, Berry has represented and still represents the Israeli venture capital community as Chairperson of the Israel Venture Association (IVA). She has also helped form government policy that positively impacted industrial research and development when she was Chief Scientist and Director of the Industrial R&D Administration of the Ministry of Industry and Trade of the Government of Israel from 1997 to 2000.

Bina Rezinovsky: Rezinovsky has been in the news the past week for resigning from Cisco Israel. According to Ha’aretz, during Rezinovsky’s tenure “Cisco Israel grew at a 20% annual rate and made a number of Israeli acquisitions. The local branch finished 2007 with $500 million in revenues and won most of the large communications equipment tenders in the country. Rezinovsky won Cisco Europe’s management prize in 2006.” 

Ruth Alon: After working in various positions at Memorex and Unisys in the U.S., Alon founded and then headed the Internet service provider (ISP), Netvision in 1994. It has since become the largest ISP in Israel. Alon currently serves on the Advisory Board of Landmark Ventures and the Board of Directors of the “Technion – Israel Institute of Technology” and the Technion’s Executive & Academic Development Committees.

Miriam Schwab: Though probably best known for helping to popularize the content management system (CMS), WordPress in Israel and being an expert on blogging, Miriam Schwab is one of the most inspiring women on Israel’s technology scene right now for several other reasons as well.

Aside from founding and heading the successful marketing company, Illuminea, playing an important part in promoting Israel abroad and helping non-profits in Jerusalem understand social media to better thrive, Schwab is also the founder of the website BizzyWomen.com.

Founded in the summer of 2008, Bizzy Women is meant to be a one-stop site for busy women with the most useful information on topics in finance, entrepreneurship and parenting among others (disclosure: I have contributed articles to the site before).

Orli Yakuel: Orli Yakuel is a leading voice on Web 2.0 applications in Israel and abroad. She is the co-founder of Go2Web20.net, a directory of Web 2.0 applications, and editor of the Go2web20 blog, her personal blog about Web 2.0 technology.

Shari Arison: Best known for inheriting the fortune her father left from founding Carnival Cruises Lines, Shari Arison has been an active philanthropist over the years and has, most recently, taken a specific interest in clean technology and water conservation solutions. In 2006, Arison founded Miya, a company with the mission to reduce water loss and better manage urban water systems. To date, Arison has invested $100 million in Miya and impressively recruited water technology maven, Booky Oren to head the operation. The company was launched publicly in late 2008.

What woman in Israel’s tech scene do you admire? Whether someone on this list or not, share it in the comments below!

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During the week of January 11, 2009, the war in Gaza escalated and news about Israeli tech companies continued. The biggest news of the week was that multi-touch technology company, N-Trig raised $24 million in its latest round of funding, the majority coming from Microsoft. Better Place announced its partnership to bring electric cars to Canada while Aladdin agreed to be acquired after months of talks with Vector Capital. Other information security companies, Trusteer and Commtouch also made headlines with important security threat findings. For links to these stories and more, check out the complete 12 Israel-related headlines from the week of January 11, 2009 below. 

Cleantech

1. Better Place Partners with Ontario to Bring ‘Car 2.0’ Electric Car Infrastructure to Canada

2. Eilat to host major international energy conference

Investments and M&A

3. Information security provider Aladdin is to be acquired by Vector Capital for $160 million

4. Microsoft leads $24m round for touch screen co N-trig

Information Technology

5. Phishing attack uses pop-up message on bank sites

6. Shunra Software Joins Microsoft Visual Studio Industry Partners Program 

7. IDV Solutions and Eternix Announce Technology Integration for Innovative Geospatial Solutions for the Defense & Intelligence Industry

8. RiT Technologies launches Paladin environment and security management suite

9. User Generated Content Sites Breeding Ground for New Internet Security Threats Says Commtouch Trend Report 

N-Trig

10. N-trig Secures $24 Million of New Funding to Fuel Hands-on computing™ Growth in Global PC Market

11. Microsoft Betting Big on ‘Touch’

12. CyberLink and N-Trig Introduce Next-Generation Multi-Touch Enabled Applications at CES

aladdin1_logoIsrael-based Aladdin Knowledge Systems announced today that the software security company has agreed to be acquired by an investor group lead by private equity firm Vector Capital, which specializes in the technology industry, for about $160 million.

Aladdin was covered on Israel Innovation 2.0 in August 2008 after its eSafe product was awarded a Checkmark Premium Level Anti-Spam Certification by West Coast Labs, an independent test facility for information security products and services. Together, Aladdin’s products eSafe, HASP and eToken offer software DRM security, online protection and secure network access. Despite quality security software the company’s stocks never reached its potential.

Jasmine Holdco LLC, an affiliate of Vector Capital, had been in talks with Aladdin on and off since last summer before this agreement was finally reached.

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During the week of of January 4, 2008, aside from the escalation of Israel’s operation in Gaza and more attacks on Israeli websites, one of the biggest stories in the tech world was the launch of Israel-based Ctera’s new storage device. Another was that Israel issued its first solar licenses for solar power plants. Despite the poor economic and VC investment outlooks, at least three Israeli companies (including Ctera) announced they raised funds. There was also news of an imminent Aladdin sale that sent its stocks rocketing. For these stories and more, you can view this week’s 15 Israel-related headlines below.

Israel-Hamas Conflict (Technology side)

1. Israel-Gaza Conflict Spills Over Into Twitter

2. Hackers Take the Fight Over Gaza Online

3. Digital World: How to beat anti-Israel hackers at their own game

4. Spam poses as CNN story about Israel-Hamas conflict

Cleantech

5. Israel issues first solar licenses

6. Cleantech Investment Slowdown Predicted in 2009

Investments

7. SundaySky Secures First Institutional Round of $8 million from Carmel Ventures and Globespan Capital Partners

8. TraderTools Raises $7.5 Million

Information Technology

9. Aladdin shares surge on report company sale is near

10. Start-up Ctera will offer cloud storage through carriers

11. Save Mart Supermarkets Deploys Integrated Retalix Supply Chain Software

12. Gigya: December 23rd Was Biggest Day For Our Widgets, Ever

Miscellaneous

13. Freeverse Announces Slot Car Racing Game for IPhone

14. Eyes in the sky

15. Fish memories underestimated

Top posts on Israel Innovation 2.0 from the past week

G.ho.st: A real model for coexistence

Why TechAviv and technology in general lacks women (Part 1)

In early November, Deloitte Brightman Almagor Zohar, a professional services firm under the interational Deloitte brand in Israel, released its annual list of Israel’s top 50 fastest growing technology companies for 2008 based on percentage revenue growth over a five-year period. Sixteen software companies ranging from security to finance to storage made the list. Below is the top 10 software companies on the list (all in the top 30) and a little more about them. Will you be using any of these companies’s technologies in 2009? 

GigaSpaces Technologies

gigaspaces_logoGigaSpaces Technologies was founded in 2000 and offers an alternative to traditional application-servers for Java and .Net environments. Its eXtreme Application Platform (XAP) allows businesses and developers to easily scale and improve performance at low cost while leveraging virtual environments such as clouds and grids. Its customers include DowJones, Virgin Mobile, Bank Leumi and Webster.

Commtouch Software

commtouch_logoFounded in 1991, Commtouch develops software to protect e-mail by offering spam and Zero-Hour™ virus outbreak protection. Its anti-spam solutions feature its Recurrent Pattern Detection (RPD) technology and have been licensed by over 80 security and messaging vendors and providers including Aladdin, Check Point, Fujitsu and LG N-Sys

Red Bend software

redbend_logoRed Bend Software is considered to be a market leader in Mobile Software Management and Firmware Over-the-Air (FOTA) update solutions. Founded in 1999,  Red Bend Software offers solutions that give phone users more control over what software components they want on their phones while also increasing the data service revenues of phone carriers. The main solutions include firmware updates, software component updates and data management.

El Far Electronics Systems 2000

Founded in 1986, El Far is the longest-established software company on the list and the lone defense company. El Far provides defense security systems offering integrated software for site management and decision making support. Its Integer software can be used for  managing anything from access control systems to fire alarms to infra red sensors.

InfoGin

infogin_logoInfoGin was founded in 2000 by Eran Wyler after he foresaw the “need for surfing the real Internet on any mobile device.” Over the years, InfoGin has become a leader in “Web-to-mobile content adaptation, enabling mobile users to access any Web site they desire, optimized to their mobile device.” The company’s Internet Mobile Platform (IMP) technology is currently being implemented by several major companies, including Virgin Mobile (UK) and MapQuest.

Actimize

actimize_logo1Around since 1999 and a NICE Systems Ltd. company since 2007, Actimize  is a transactional risk management software company offering solutions in anti-money laundering, fraud prevention, and brokerage compliance. Its technology includes the Risk Case Manager, Visual Modeler and Analytics Server.

Modelity Technologies Inc.

Established in 2000, Modelity Technologies offers a financial modeling and portfolio analytics platform for financial institutions, such as banks and insurance companies, to stay competitive and improve their performance.  Its products include Modelity/Advisor, Modelity/Funds and Modelity/Structures. 

FibroLAN

fibrolan_logoSince 1996, FibroLAN has developed integrated fiber-optic broadband access systems that allow organizations in the corporate and carrier markets that are dispersed over metropolitan areas access to the Internet and their Intranets at fast speeds. Its MA and MetroStar technologies both provide the benefit of low-cost remote management. MetroStar has been used by Telstra and the Los Angeles MTA.

Discretix Technologies

discretix_logoDiscretix was founded in 2000 and is the largest single company in the world dedicated to embedded security. Focusing on consumer electronics products that are portable, such as mobile phones and mp3 players, Discretix offers additional security solutions for them that manufacturers can’t provide due to limited resources. Its main products, CryptoCell and CryptoFlash are deployed by major manufacturers such as SonyEricsson, Motorola, Samsung and SanDisk.

Exanet 

exanet_logoFounded in 2000, Exanet is a data storage solutions company offering enterprise companies the latest processing technology that is scalable in capacity and performance, with low cost of ownership. Its product, ExaStore 2008 holds the world record for storage performance and its customers include BBC, Stanford University, and the National Library of France.