Israel VC funds raised $526 mln in 2013 – Reuters

Israeli venture capital funds raised $526 million in 2013, down 27 percent from 2012, according to the Israel Venture Capital Research Center in a report issued with consultancy KPMG, writes Reuters. Fund raising has slowed since 2011 with less capital being raised by fewer funds, Koby Simana, IVC’s chief executive, said in a statement.

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