Friday, January 23, 2015

Bessemer Venture Partners Hits $220M In Israeli Investments

Menlo Park-based venture capital investor Bessemer Venture Partners said Thursday that its Israeli venture arm has just passed $220M in investments, eight years after opening its Israel office. The firm, which set up the office in 2007, also said it has so far racked up six exits in Israel, with the top exits being Intucell (acquired by CSCO), Mellanox (MLNX) and Wix (WIX). The firm also said it has transferred Amit Karp from New York, and added associate Netanel Meir to help bolster its investments in Israel.