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One hundred and twenty-four Israeli high-tech companies raised $600 million in the third quarter of 2008 from venture investors – both local and foreign. The quarterly amount was the highest reported in the last eight years - 45 percent above the $414 million raised in the third quarter of 2007, and up 29 percent from the $465 million raised in the previous quarter.
 
 
THE ISRAELI ECONOMY AT A GLANCE 2007 - Ministry of Industry Trade and Labor
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