Connect with us

Hi, what are you looking for?

Jewish Business News

Money

Greylock Israel Partners to Set Up Own $200 Million Fund

Greylock Partners

The four partners in Greylock Partners Israel have finally split away from the global fund and in the coming weeks are expected to announce the name of their new $200 million venture capital fund. The partners – Arnon Dinur, Yoram Snir, Erez Ofer and Laurel Bowden, who manages Greylock’s European office, will continue to invest in Israeli and European start-ups.

This is in effect a continuation of change at Greylock. At first, the partners managed an office of the US fund in Israel, although with the second fund operations in Israel became more independent, under the name Greylock Israel. Now the partners are embarking on a new venture. It is quite possible, however, that Greylock US itself is supporting the new fund. In this way, it would remain with its finger on the pulse of the Israeli start-up scene.

Over the years, Greylock Israel has invested in start-ups such as mysupermarket, Payoneer, Wonga, CoolaData, and Via. Greylock has been one of the more active funds in high-tech in recent years and its investments have included Facebook, Instagram, Tumblr, Linked In, and Dropbox. Start-up investments with an Israeli connection include Eatwith, and Palo Alto Networks.

Greylock Israel declined to comment on the report.

Published by Globes [online], Israel business news – www.globes-online.com

Click to comment

Newsletter

Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Advertisement