October 27, 2014 | According to the IVC Research Center, in the third financial quarter of 2014, 170 Israeli high tech companies attracted $701 million. This is an improvement by 6 percent on the $661 raised in Q3/2013, but down 24 percent from the $928 million raised in the previous quarter. In addition, the rates this quarter were 29 percent higher than the $545 million average of the last three years. According to IVC’s reports, companies raised an average of $4.12 million in third quarter financing rounds. In the first three quarters of 2014, 504 Israeli high tech companies raised $2.3 billion, 50 percent more than the $1.5 billion raised in the same quarters in 2013. IVC is the online provider of data and analysis on Israel’s high tech, venture capital and private equity industries.