Jerusalem’s Startup Scene Picks Up

It’s already “Achrei Ha’chagim”, and business in the Jerusalem startup eco-system are not just back to normal, they’re better than ever.
The biggest piece of news is the sale of Ex Libris, a provider of automatic library solutions, to Proquest for $500M. Ex libris, which was founded by the Hebrew University of Jerusalem, operates from Jerusalem and employs over 600 people worldwide, over 380 of them in Israel.
And while it isn’t another $500M exit, Glide, who is offering a video-chat app that threatens to overthrow the well-known Snapchat (and has also hosted the Made in JLM Sukkathon), did break into mainstream media when it was featured on “Lyla Calcaly” on Channel 10.
Another event, taking place right now at the Hansen House, is the Green IoT Hackathon, where 8 teams with some interesting new concepts and ideas are spending three days finding solutions for environmental problems.
And in November Siftech, the Jerusalem-based accelerator where companies such as BreezoMeter, Inpris and Chiprix started is opening a new session.

And as always, behind the scenes Made in JLM are working on providing tools for new entrepreneurs and making Jerusalem the best place possible for a new startup. In October, this means a series of Master-classes, held every Sunday, Tuesday and Thursday, aimed at giving new startupists the knowledge they need in order to get their startup running. The first of these, a rundown of legal issues and options when founding a startup was given yesterday by Eli Klaiman at the Q5 hub.
So if you’re planning on opening your first startup, or perhaps thinking your last could have gone better, or are just interested in how things work - make sure you’re up to date on this week’s events. We’re waiting to see you there.