We're thrilled to introduce our new portfolio company, MIND, and announce their $11M seed round led by YL Ventures with the participation of an impressive group of cybersecurity luminaries. Learn why we invested in their Data Loss Prevention platform on Partner Justin Somaini's blog >>
At EY JOURNEY 2024, Managing Partner Yoav Leitersdorf led a dynamic panel discussion exploring the surge in Israeli cybersecurity M&A. In his latest blog, Yoav delves deeper into insights from the event, highlighting Israel’s resilience amidst global challenges and what makes the country’s innovation ecosystem so attractive to international players.
On the topic of events, we recently hosted the second edition of the YL Ventures Breakfast Club—a U.S. tour designed to connect our early-stage portfolio companies with top global security leaders. This tour featured live pitches from our portfolio companies, thought-provoking panel discussions, and tailored professional development content for CISOs and security practitioners.
Speaking of our portfolio companies, we're excited to share some exciting portfolio accomplishments:
On the surge in Israeli cybersecurity M&A activity, from our panel at EY JOURNEY 2024
"M&A activity is often driven by large enterprises seeking innovation beyond their existing product lines. Focused on improving current offerings, these companies may find it challenging to pursue new ideas at scale internally. By acquiring proven solutions in the market, they can efficiently drive growth and innovation while adding complementary products to their portfolios in a financially responsible way. This strategy fuels industry innovation by harnessing the best emerging solutions."
YL Ventures funds and supports visionary cybersecurity entrepreneurs from seed to scale to help them evolve transformative ideas into market-leading companies. The firm accelerates company growth with tailored support through its powerful network of Chief Information Security Officers, global industry leaders, and a dedicated team of multidisciplinary experts. Based in Silicon Valley, New York and Tel Aviv, YL Ventures manages five funds with $800M in total AUM. The firm has a track record of seeding cybersecurity unicorns such as Axonius and Orca Security, and its portfolio companies have been successfully acquired by high-profile, global industry leaders including Palo Alto Networks, Microsoft, Okta and Proofpoint. PitchBook has ranked YL Ventures as one of the ten best-performing venture capital firms for two consecutive years (2022, 2023) in its prestigious Global Manager Performance Score League Tables, and the firm is the only cybersecurity-focused VC to secure a Top 10 spot on the list.
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