Israels Hot Startup Scene is Fostering Several Unicorns

I recently had the privilege to fly from Silicon Valley to what many know as Silicon Wadi (also know as Tel Aviv, Israel). Israel has more that 6,000 startups and attracts more venture capital per person than any other country in the world. Here are some of the hot startups that I see as having a bright future as well as every one of them having a potential billion dollar valuation (if they don’t already) in the near future.

Checkmarx

Founded in 2006 by Israeli cyber security expert Maty Siman, Checkmarx provides comprehensive solutions for application security testing and application layer attack prevention. Its flagship product is its automated static code analysis--scanning for security deficiencies in source code early in the software development lifecycle where it is most cost-effective to apply fixes. With offices in both Israel and the US, Checkmarx has grown employee headcount to over 150 in the last 12 months, and is experiencing revenue growth greater than 100% in 2015. The company has an industry-leading customer retention rate and currently serves over 700 customers worldwide including Salesforce.com, SAP, Samsung, Coca Cola and the US Army. We met with Checkmarx just days after they announced a massive $84 million investment from NY-based Insight Venture Partners. That funding will be primarily used to further accelerate growth through product innovation and global expansion. Read the full article at Inc.com.