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Deloitte Israel Fast 50 Logo

Earlier today Deloitte Israel announced the 50 fastest growing technology companies in Israel based on percentage revenue growth over a five-year period. The 10 fastest growing companies overall were Pontis, Tufin Technologies, Kontera, Telmap, Safend, Algosec, Promisec, Imperva, cVidya, and SuperDimension.

Pontis, a telecom company that provides contextual marketing and selling, had a revenue growth rate of 5,500% while overall the Fast 50 companies had an average growth rate of 740%. 61% of the companies are in the software and Telecommunications/Networking sectors. Just as impressive as the 17 software companies listed, six Internet companies also made the list this year, making up 12% of the winners. The six is double last year’s amount (three) and triple the amount from the previous year (two).

The Internet companies on the list included Kontera,, PicScout, Babylon, IncrediMail, and MediaMind Technologies (formerly EyeBlaster). The average growth of the sector is 762%. Along with the recent purchases of Dapper (by Yahoo!), 5min (by AOL), and QuickSee (by Google), it definitely seems that Israel’s Internet sector has come of age.

Related Posts:
Israel’s fastest growing software companies of 2009
Israel’s fastest growing software companies in 2008
Inside Israeli Tech: VC funding and 11 More Headlines

During the week of June 7, 2009, research showed that the recession has impacted VC plans, which was long suspected and that cleantech investments faired the best of the different sectors. It was revealed that Intel’s recent acquisition of Wind River Systems includes an R&D center in Israel while the investment and Israeli startup series on Israel Innovation 2.0 continued with a closer look at For these stories and more, check below for this week’s 10 Israel-related headlines.

1. Giving New Meaning to ‘Electric Avenue’

2. Flower Power: World’s First Hybrid Solar-Gas Turbine Turning on Soon

3. Deloitte survey shows recession hit on VC plans

4. All that glitters / Nothing ventured, nothing lost

5. Israeli startups during the economic crisis:

Information Technology
6. Intel acquisition has Israel center

7. Peer39 Digs Deep With Semantics

8. The ‘Final’ Frontier of Algorithmic Trading

9. Nike to Introduce Shoe Recycling Program in Israel

10. Madonna announces second concert in Israel this summer

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_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_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_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_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.  

safend_logo.JPGIsraeli data leakage protection company, Safend, has released a set of tips for how companies can keep their data safe during the Holiday season and long after. Tips include:

  • Employ a Sound Auditing Process: Portable storage devices such as
    iPods, PDAs, smart phones and other mobile devices, have become pervasive
    in the workplace. Allowing your employees to use their iPods at work may
    be a good way to increase morale but it also poses a security threat.
    Knowing what devices are connecting to what endpoints will help
    administrators monitor and avoid these threats. Determining what kind —
    and how many — devices are accessing an organization’s network is the
    first step in developing an effective DLP strategy
  • Access Control: To make sure that users cannot easily circumvent
    security policies, it is important to first make sure the policies in place
    are flexible enough that they don’t hinder productivity, but strong enough
    to prevent data leakage threats. This is accomplished through granular
    policies that allow administrators to block, allow or restrict access to
    data from everything from file type, device type and even specific device
    serial number.
  • Encrypt Everything: Many enterprises feel that they have covered all
    their security bases with the implementation of security policies, employee
    training and endpoint protection technology and are reluctant to invest in
    another product or add another level of security. However, encryption is
    essential to ensure that unauthorized users cannot access data in the case
    of loss or theft.

Earlier this month Deloitte listed Safend as one Israel’s 50 fastest growing technology companies based on its revenues from the past 5 years. Safend’s products include: SafendProtector, SafendEncryptor and SafendReporter.

Another Israeli information security company, Promisec Ltd., was recently covered on Israel Innovation 2.0 for a video it posted on YouTube that also raises these points.

About the author: Lisa Damast is the Membership Manager of and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

SNI-2.JPGThe week of November 2, 2008 was filled with conferences and awards. Deloitte announced the 50 fastest-growing high-tech companies in Israel for the year 2008 with Runcom taking the top honor and last year’s top company, Voltiare coming in second place. On Monday, at the Globes and Ernst & Young Israel Journey ’08, Amobee was named Globes “Start-up of the Year.” Companies in the Top 10 that have been covered in Israel Innovation 2.0 in the past include, Aternity, Inforgin and N-Trig. Also making headlines was SportVu, which provided the hologram technology that CNN used on Election Day in the United States and iSkoot, which raised $19 million. For the links to these stories and the rest of this week’s 14 Israel-related technology headlines, scroll down.

1. Electric cars of the future at the Web 2.0 Summit

Investments and the Economy
2. Downturn-Busting Venture Round For iSkoot: $19 Million

3. Pawlenty’s Israel trade trip takes shape

4. Central bank chief says Israeli economy resilient

5. Top 8 Creative Ideas For Startups To Triumph Over the Current Economic Downturn

Information Technology
6. Red Bend Software Earns MobileVillage’s Mobile Star Award

7. Runcom Technologies Ranked First Place in the Deloitte “Fast 50” Program for Fast-Growing High-Tech Companies

8. Tufin Technologies Moves Beyond Firewall Auditing to Support Cisco Routers and Switches

9. Aternity Named To Annual Top 10 List of Most Promising Startups

10. N-trig Offers Suite of Multi-Touch Solutions for Windows 7

11. XIV head Yanai named most influential figure in high tech

12. CNN’s ‘Hologram’ Shows How Far TV Has Come

13. Agent Vi Announces Launch of Video Content Analysis for Digital Media Processors Based on DaVinci(TM) Technology

14. ANALYSIS / Obama will star in Israel’s election campaigns


Caption: Panel discussion at the Ernst and Young and Globes Israel Journey ’08, titled “Digital media – trends, developments and future outlook,” with moderator, Michael Eisenberg (far right). Panelists from right to left after Michael Eisenberg: Shmil Levy (Sequoia Capital), Tomer Ben-Kiki (Oberon Media), Guy Bauman (Pelephone Communication)Uri Shinar (aniBoom), Peter Hirshberg (Technorati).

About the author: Lisa Damast is the Membership
Manager of and currently resides in Israel. Any questions or
inquiries regarding this blog or ebizQ membership services can be
directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

the Weekly Headlines image: The Star of David in the image was found on
Flickr and is used under the Creative Commons license. It was
originally uploaded by Flickr member, zeevveez.
The overall Weekly Headlines image was designed by Lisa Damast.