SYN Ventures raises new USD75m fund to double down on Israeli cyber
SYN Ventures has launched a fund for investments in Seed companies in cyber, and has so far raised more than USD75 million. The final closing of the fund is expected by the end of the year.
“Since the beginning of the war, investors from both the new fund and previous funds have been in touch with questions, but importantly, no one has asked us to alter our strategy or to refrain from investing in Israeli ventures,” Marcio Lampert, the fund’s Israeli partner, told Calcalist.
SYN Ventures managing partners have cumulatively invested in more than 65 cyber companies, some through their previous fund – ClearSky. Ten of the investments were made in Israeli companies, including: Mitiga, BigID, Talon Cyber Security, RevealSecurity, Transmit Security and Refine Intelligence. Four of its companies – Solebit, Demisto Preempt and Intsights – have already been sold for a total amount of about USD1.2 billion.
