Israel's Aleph closes $180m venture capital fund

Eden Shochat

This is the second Israel startup investment fund closed by the Tel Aviv venture capital firm.

Israeli venture capital fund Aleph has closed the $180 million Aleph II fund. The Tel Aviv based high tech investment fund is led by partners Eden Shochat, Michael Eisenberg and Aaron Rosenson.

Eisenberg announced the closing of the fund in a Rosh Hashana New Year's message on the Aleph website. He wrote “We would like to thank all of our Limited Partners for their continued support of Aleph and our mission to build big companies out of Israel. You are wonderfully supportive and we truly appreciate it.”

This is Aleph's second fund and larger than the $150 million, which was closed in 2013. Aleph declined to provide details about the new fund's investors.

Only last Thursday, Aleph announced that it was leading an $8 million financing round in Israeli anomaly detection and real time business analytics company Anodot. Other startups in Aleph's diverse portfolio include: car accident prevention company Nexar; maritime data analytics company Windward; twitter rival Meerkat; event planning platform HoneyBook; social video app Yevvo; online freight network Freightos; and music teaching company JoyTunes.

Published by Globes [online], Israel business news - www.globes-online.com - on September 26, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

Eden Shochat
Eden Shochat
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