Merlin’s First Cybersecurity Fund
Categories: Capital Markets
Merlin Ventures, a Tel Aviv–based venture capital affiliate of Merlin Group, has closed an oversubscribed inaugural fund of more than USD 75 million to invest in early-stage Israeli cybersecurity startups.
The vehicle, led by Managing Partners Seth Spergel and Shay Michel with support from Merlin Group CEO David Phelps, fast-tracks disruptive technologies into U.S. federal markets and co-invests with top U.S. funds.