New York Angels New York Angels New York Angels is an organization of business angel investors based in New York, New York, US that provides equity capital for early stage companies, primarily in the field of technology and new media. Its members typically invest between US$250,000 and US$1,000,000 in companies that have begun operations but are not yet ready for venture capital. New York Angels is the successor group to the Angel Investor Program of the former New York New Media Association (NYNMA), which began as the industry association representing the fast-growing technology companies in what was nicknamed Silicon Alley. In 1997, at
Science and technology in Israel voice-mail company; and Mercury Interactive, which measures software performance. A high concentration of high-tech industries in the coastal plain of Israel has led to the nickname Silicon Wadi (lit: "Silicon Valley"). Both Israeli and international companies are based there. Intel and Microsoft built their first overseas research and development centers in Israel, and other high-tech multi-national corporations, such as IBM, Cisco Systems, and Motorola, have opened facilities in the country. Intel developed its dual-core Core Duo processor at its Israel Development Center in Haifa. More than 3,850 start-ups have been established in Israel, making it second only to the US