Israel's tech startups have historically clustered in the "Silicon Wadi" around Tel Aviv, but Jerusalem is fast making ground:
JVP Media Labs
This prestigious tech incubator houses only eight startups and is operated by Jerusalem Venture Partners, which has been named a top 10 consistently performing fund in the world.
HOLY CITY PRAISE: "Jerusalem is the perfect place for creating the next big thing," says JVP managing partner Gadi Tirosh. "It is a city brimming with contradictions, and where there are contradictions there is turmoil, and where there is turmoil there is creativity, and creativity is essential for high-tech success."
Its "video synopsis" technology compresses hours of surveillance footage into a few minutes—earning high marks from the security industry.
HOLY CITY PRAISE: "As a ninth-generation Jerusalemite, I've been very involved in activities to prevent the brain drain of young people leaving for high-tech jobs elsewhere," says cofounder and chairman Gideon Ben-Zvi. "Together with Mayor Nir Barkat, we've set up activities to help entrepreneurs start their companies here."
With this service, users can pinpoint any moment they want from more than 70,000 film clips. It was founded by JVP in 2008 and has more than 300 million users.
HOLY CITY PRAISE: "Jerusalem enjoys a number of world-class academic institutions such as Hebrew University, Bezalel Academy of Arts and Design, and the Sam Spiegel Film & Television School," says CEO Oren Nauman. "That, combined with its very cosmopolitan population, makes Jerusalem a perfect place to hire incredible talent."
[Illustration by Melinda Beck]
A version of this article appeared in the June 2013 issue of Fast Company