2011-08-24

Why Index believes Israel is about to have its moment — Tech News and Analysis

By any stretch, Saul Klein is one of Europe’s most high profile venture capitalists. Index, the company where he’s a partner since 2007, has been one of the most active and successful investors around the continent over the past decade. It’s had big hits like Skype and MySQL, and remains very busy; for example, it has backed seven of the startups listed in our GigaOM Euro 20.

But although Klein is closely associated with London, that’s not actually where he’s spending most of his time these days. Instead, he’s betting on another place as the next real innovation hub: Israel. In fact, he’s so convinced that last year he took the plunge shipped out and moved his family to Tel Aviv to explore the opportunities there