Now that Google has reportedly agreed to buy Israeli crowd-powered navigation app Waze for $1.3 billion, many other “Silicon Wadi” startups are daring to dream big. Here are some others that could potentially follow in Waze’s footsteps:
- Powermat: Battery drainage is one of the biggest problems faced by consumers as they increase their reliance on smartphones. Enter Powermat, whose wireless power solutions help millions charge their devices between home, car, and office.
- Wibbitz: Wibbitz’s text-to-video platform uses advanced language processing to allow anything published online to be instantly turned into a video clip. Its publisher solution—which boasts a clientele of 50,000 websites and 17 million monthly viewers—will soon be available for iPhone.
- Parko: Recent studies show that city drivers spend at least 20 minutes on average searching for a parking spot. Parko has developed a crowdsourcing solution for parking in a similar vein to Waze’s solution for traffic: It connects motorists looking for a spot with others about to leave one, while its algorithm identifies parking spots without users needing to remove their phones from their pockets.