YL Ventures

YL Ventures is an American-Israeli venture capital firm that specializes in cybersecurity.

YL Ventures
IndustryVenture Capital Firm
Founded2007
FoundersYoav Leitersdorf
John Quigley
HeadquartersSan Francisco and Tel Aviv
Websitewww.ylventures.com

Investment firm

YL Ventures is a seed-stage venture capital firm founded in 2007[1] led by managing partner Yoav Leitersdorf,[2] who founded the firm with John Quigley.[3] The firm has headquarters in San Francisco and Tel Aviv.[2] A main focus of YL Ventures is to introduce Israeli tech start-ups to the American market and develop a US customer base.[4] They also track the pre-development of Israeli tech companies, through an in-house intelligence team.[5] It focuses on cybersecurity development.[6][7]

Finances

As of 2020, YL Ventures manages $270 million across four funds, including a $120 million fund.[8] In 2018, YL Ventures managed $140 million across three funds, including a $75 million fund.[2][9] In 2011, YL Ventures sold AcceloWeb to Limelight Networks,[10] and in 2013 they sold Clicktale to Amadeus Capital Partners.[3] In 2019, YL Ventures sold Twistlock to Palo Alto Networks for $410 million. Other investments and sales include FireLayers, which was acquired by Proofpoint; Hexadite, which was acquired by Microsoft; and BlazeMeter, which was acquired by CA.[1][11] YL Ventures was also an investor in Upstream Commerce, which was acquired by Walmart in 2018.[12]

Its investments include Seculert.[13]

References
  1. "YL Ventures raises $75m third Israel VC fund". Globes.
  2. "YL Ventures Announces Major Expansion of Venture Advisory Board". 21 August 2018.
  3. "YL Ventures raising third Israeli VC fund". Globes.
  4. "YL Ventures closes $75 million fund to bring Israeli startups to the US". Tech Crunch.
  5. Gage, Deborah (14 November 2014). "YL Ventures Seeks Out Israeli Startups Before They Even Form". Wall Street Journal.
  6. Kshetri, Nir (29 July 2016). "The Quest to Cyber Superiority: Cybersecurity Regulations, Frameworks, and Strategies of Major Economies". Springer – via Google Books.
  7. OECD (4 October 2012). "OECD Internet Economy Outlook 2012". OECD Publishing – via Google Books.
  8. "YL Ventures, a specialist in Israeli cybersecurity startups, has closed its fourth fund with $120 million". TechCrunch. Retrieved 2019-09-08.
  9. "YL Ventures raises $27.5m second fund". Globes.
  10. "YL Ventures helps Israeli startups make it big where it matters: Silicon Valley". Venture Beat. 9 October 2014.
  11. "Microsoft confirms it is to acquire Israeli cybersecurity startup Hexadite to bring AI to Windows 10 enterprise security". Venture Beat. 8 June 2017.
  12. Brown, Michael (26 September 2018). "Walmart Transforms With Flipkart; Vestager Takes Aim at Big Tech -- ICYMI". The Street.
  13. "YL Ventures". crunchbase. Retrieved 2019-09-17.
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