Monday, July 17, 2006

Greylock Targets Israel

Greylock Partners said today that the fund is opening up a new, $150M fund focused on investments in Israeli early-stage companies. The fund said that Greylock Israel will be managed by Moshe Mor, Erez Ofer, and Yoram Snir. Both Mor and Snir have relocated to Israel to manage the fund. The fund said that it will invest in early stage technology-related companies with global potential. The firm will operate from offices in Hertzelia. More information »