YL Ventures closes $75 million account to move Israeli startups to a US

Early-stage investors YL Ventures have lifted a $75 million fund, their third, to behind Israeli program startups seeking to enter a U.S. market. The organisation maintains offices in Tel Aviv and Mill Valley, Calif. It is best-known for a use of predictive analytics to find earnest entrepreneurial teams before they have particularly launched a business.

YLV owner and Managing Partner Yoav Andrew Leitersdorf pronounced his firm’s exclusive program generates several hundred alerts any month about companies being formed. Partners strech out to about 30 to 40 of these teams to learn what they are doing. “Some are gems, many are not relevant,” a financier said. “Using this lead-nurturing platform, we work on a relations until an investment becomes appropriate. Some founders are repelled we found them so early.”

The organisation usually invests in about 3 seed-stage companies a year, generally earnest them some-more collateral and hands-on assistance than other really early theatre funds. YLV intends to use a new, $75 million account to behind fewer than 10 startups, Leitersdorf said. It will concentration on companies building craving and cybersecurity program and program for self-driving vehicles, drones, virtual- and augmented-reality.

Leitersdorf pronounced notwithstanding advances in production that revoke a cost of building hardware or robotics, a account stays totally software-focused. “With program each new section we sell has probably 0 incremental costs. It’s only a program copy. Hardware economics are some-more severe for venture,” he explained.

With this concentration on Israeli tech talent, and particularly software, YL Ventures has racked up 3 exits in only a past year, with a acquisitions of: Seculert, FireLayers and Blazemeter by Radware, CA Technologies and Proofpoint, respectively.

Featured Image: YL Ventures

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Posted by on May 8 2017. Filed under Startups. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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