Magisto leads Deloitte Israel Fast50 tech ranking

Top spots rounded out by AnyClip, Taboola, Crossrider and Trax on list of 50 tech firms with fastest revenue growth, Deloitte says

Shoshanna Solomon is The Times of Israel's Startups and Business reporter

Deloitte's Technology Fast 50 Israel 2016 ranking (YouTube screenshot)
Deloitte's Technology Fast 50 Israel 2016 ranking (YouTube screenshot)

Magisto, AnyClip, Taboola, Crossrider and Trax top Deloitte’s Israel Technology Fast 50 ranking for 2016, which lists the country’s fastest-growing technology companies, both private and public, based on their percentage of revenue growth over the last four years.

With a growth of more than 8,000 percent in the 2012-2015 period, Magisto has created an artificial intelligence-driven platform that allows users to produce polished, professional-looking video presentations using clips uploaded from their computers or smartphones.

Using algorithms developed by the company, the app analyzes the clips, looking for similarities in faces, scenarios, emotions, topics, locations, continuity, and more, and assembles them into a single “story,” correcting for color, focus, and other video basics. The app even suggests music appropriate to the video, and synchronizes it to the audio in the clips (lowering the music when people are talking, and increasing the volume at a particularly emotional moment).

AnyClip, with a growth of 5,142 percent in the four-year period, has created a personalized, content-driven video advertising platform. AnyClip partners with content producers and owners to develop, curate and distribute their content for websites, devices, smartphones. The company’s search engine can find almost any clip in thousands of movies, providing advertisers, video and film producers, music video directors and others with just the right clip to highlight their scene, product or musical composition.

Searching AnyClip's database with keywords yields a clip result, such as this one from the film Apollo 13 (Courtesy)
Searching AnyClip’s database with keywords yields a clip result, such as this one from the film Apollo 13 (Courtesy)

With a growth of 4,268% in the past four years, Taboola is best-known for its “you may also be interested in” technology, which is present on innumerable web content pages. The system is used to drive traffic from one site to another, or to keep readers on a site by offering them more of what they came for. Using advanced intelligence techniques based on hundreds of metrics, Taboola determines what content will be most interesting to a reader, and presents links that, site owners hope, will garner more clicks for a site or a network.

Crossrider, which has grown 3,493 percent in the past four years, provides technology for the development of browser extensions. The company was sold to e-commerce company for $37 million in 2012.

Trax Image Recognition has developed computer vision solutions for retail, providing real time shelf analytics to companies and retailers. The company has grown more than 3000 percent in the four-year period.

Mobileye, Wix and ReWalk are ranked 13th, 17th and 19th, respectively, while EarlySense, with a 163% growth over the four-year period, is ranked 33rd.

Among Deloitte’s Israel 2016 Rising Star Winners — a ranking that measures revenue potential rather than revenue growth — semiconductor company Sckipio tops the list, followed by IT Central Station, a product review site for enterprise technology; Yotpo, which has developed a solution to easily generate reviews and user generated content for eCommerce websites; Behalf, an alternative financing provider that specializes in working capital credit for small businesses, and Forter, which has created a fraud prevention system for online retailers.

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