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Venture Capital

Yl Ventures Closes Fourth Fund With $120M Of Committed Capital

by vcaonline.com posted 1week ago 14 views
SAN FRANCISCO & TEL AVIV, Israel, July 10, 2019-- YL Ventures, the Silicon Valley venture capital firm specializing in seed-stage investing in Israeli cybersecurity startups, today announced it has closed its fourth fund with $120 million of committed capital. YLV IV was significantly oversubscribed, and closed with a combination of current YLV investors and select new ones. Fund IV brings the total capital under YLV management to $260 million. The YLV IV strategy will be consistent with that of previous funds, aiming to build a concentrated portfolio of top-tier seed stage cybersecurity companies out of Israel.