In the third quarter, 87 Israeli high-tech companies raised $381 million from venture investors. That was down about 6 percent from the $404 million raised in the previous quarter, but was 13 percent above the $336 million raised in the third quarter of 2005, according to the Israel Venture Capital Association.
In the first nine months of the year, Israeli companies have raised $1.15 billion, up 7 percent from the $1.07 billion raised in the same period last year.
"The small decrease in investment in Q3 indicated that the war, which took place during the third quarter, had only a very minor impact on venture capital investments," said Zeev Holtzman, chairman of Tel Aviv venture firm Giza Venture Capital, in a statement. Although the large skirmishes have ended, military tensions near Lebanon and the Gaza Strip continue
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