Investment firm Ibex Investors LLC has closed its second Israel fund. The Ibex Israel VC LP (“the Fund”), holds $100 million in total capital commitments.
So clearly the Covid pandemic has not even put a dent in the resilience of Startup Nation nor the confidence that worldwide investors have in it.
Just last month Ibex took part in a $10 million round of investment in Israeli startup Panoply. Founded in 2017, Panoply enables companies to sync, store, and access all their data via an all-in-one cloud data platform that combines ETL and data warehousing.
Founded in 2003, Ibex invests in public and privately held companies across enterprise software, cybersecurity, and other domains. Since 2012, Ibex has made 23 early and growth stage investments in Israel. Current investments in Ibex’s portfolio include Glassbox, Nexar, Cobwebs, and Panoply.
Justin Borus, Founder and Chief Investment Officer of Ibex Investors, said, “Our expanding team in Israel is intimately familiar with the caliber and unrivaled speed of innovation that Israeli startups bring to market. We appreciate the support of our investors during this time of substantial market dislocation who recognize our ability to identify and support these dynamic companies as they grow.”
Nicole Priel, Israel-based Vice President of Ibex, said, “Leveraging our vast U.S. network and public-market expertise, we partner closely with the most promising early stage tech companies to successfully enter the global market. Our deep commitment to ambitious founders supports the next generation of emerging Israeli startups in creating substantial and enduring value.”
About Ibex Investors
Headquartered in Denver, Colorado with offices in Tel Aviv and New York, Ibex Investors is a multi-strategy investment firm targeting outsized returns through differentiated global strategies. With approximately $670 million in assets under management, Ibex proactively seeks out markets and opportunities commonly dismissed as too difficult or too different, and prides itself on finding the hidden gems often overlooked by others.