Carmel Ventures
Encyclopedia
Carmel Ventures, established in 2000, is an Israeli venture capital
fund with over $600 million under management. Carmel is focused on early stage companies in the fields of Software, Internet, Media, Communications, Semiconductors, and Consumer Electronics.
Carmel Ventures is an affiliate of the Viola Group, a private equity investment group with over $2B under management, focused on technology-based investment opportunities in Israel.
– General Partner, Co-founder. Founder of Tecnomatix
; A prominent figure in the Israeli hi-tech entrepreneurial landscape; Until recently the chairman of ECI Telecom
.
Avi Zeevi – General Partner, Co-founder. Veteran IT executive, with track record on global Fin-Tech ; A leading figure in the Israeli venture capital community.
Rina Shainski – General Partner. R&D and business development manager in several high-growth companies, including Daisy Systems
and Tecnomatix
; A major investor and thought leader in mobile software.
Ori Bendori – General Partner. CTO of Lannet
and manager of the LAN Systems Group at Lucent Technologies
; Leading Carmel’s investments in the communications and semiconductors space.
Ronen Nir - Partner. Director and VP Product in Verint Systems; Project Team Manager in ECtel Ltd; elite Israeli Defense Forces' Intelligence Unit;
Itzik Avidor - CFO & Partner. Senior Audit Manager at Brightman Almagor & Co.
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
fund with over $600 million under management. Carmel is focused on early stage companies in the fields of Software, Internet, Media, Communications, Semiconductors, and Consumer Electronics.
Carmel Ventures is an affiliate of the Viola Group, a private equity investment group with over $2B under management, focused on technology-based investment opportunities in Israel.
General Partners
Shlomo DovratShlomo Dovrat
Shlomo Dovrat is an Israeli high-tech entrepreneur. He spearheaded the recovery of ECI Telecom and in January 2005, sold Tecnomatix to the American software company UGS Corp. for about $227.7 million, making made about $10 million from the deal. He is also co founder of Carmel Ventures...
– General Partner, Co-founder. Founder of Tecnomatix
Tecnomatix
Tecnomatix Technologies, Ltd. is the leading provider of Manufacturing Process Management and Product lifecycle management software to the electronics, automotive, aerospace and heavy equipment industries, currently owned by Siemens AG...
; A prominent figure in the Israeli hi-tech entrepreneurial landscape; Until recently the chairman of ECI Telecom
ECI Telecom
ECI Telecom Ltd is a global telecom networking infrastructure provider headquartered in Petah Tikva, Israel. It provides communications platforms and solutions to carriers and service providers, cable/multiple system operators, wireless/cellular service providers, utilities and carrier of carriers,...
.
Avi Zeevi – General Partner, Co-founder. Veteran IT executive, with track record on global Fin-Tech ; A leading figure in the Israeli venture capital community.
Rina Shainski – General Partner. R&D and business development manager in several high-growth companies, including Daisy Systems
Daisy Systems
Daisy Systems Corporation incorporated in 1981 in Mountain View, California, was a computer-aided engineering, CAE, company, a pioneer in the Electronic design automation industry....
and Tecnomatix
Tecnomatix
Tecnomatix Technologies, Ltd. is the leading provider of Manufacturing Process Management and Product lifecycle management software to the electronics, automotive, aerospace and heavy equipment industries, currently owned by Siemens AG...
; A major investor and thought leader in mobile software.
Ori Bendori – General Partner. CTO of Lannet
Madge Networks
Madge Networks NV was a networking technology company founded by Robert Madge, and is best known for its work with Token Ring. It was a global leader and pioneer of high-speed networking solutions in the mid-1990s, and also made significant contributions to technologies such as Asynchronous...
and manager of the LAN Systems Group at Lucent Technologies
Lucent Technologies
Alcatel-Lucent USA, Inc., originally Lucent Technologies, Inc. is a French-owned technology company composed of what was formerly AT&T Technologies, which included Western Electric and Bell Labs...
; Leading Carmel’s investments in the communications and semiconductors space.
Ronen Nir - Partner. Director and VP Product in Verint Systems; Project Team Manager in ECtel Ltd; elite Israeli Defense Forces' Intelligence Unit;
Itzik Avidor - CFO & Partner. Senior Audit Manager at Brightman Almagor & Co.
Exits
| Company | Industry | Description | Initial Investment Date | Exit |
|---|---|---|---|---|
| Followap Followap Followap in 1999, was a leading provider of Presence and Instant Messaging solutions to the telecommunications industry. By the time it was acquired in 2006, it had over 17 mobile operators many of them tier-ones, serving a combined user base of over 200 million subscribers... |
Communications | Presence-based and Instant Messaging (IM) solutions to Mobile Operators | 2001 | Acquired by NeuStar NeuStar Neustar, Inc. is a provider of clearinghouse and directory services to the global communications and Internet industries.-History:Neustar was incorporated in Delaware in 1998. It started as a business unit within Lockheed Martin Corporation... in 2006 for $139M |
| Actimize Actimize Actimize, a wholly owned subsidiary of NICE Systems, provides financial crime prevention, compliance and risk management products and services to the financial services industry. Primarily headquartered in New York City, Actimize sells its software to all types of firms and regulators worldwide... |
Enterprise Software | Brokerage compliance, anti-money laundering, and fraud prevention | 2001 | Acquired by NICE Systems NICE Systems NICE Systems Ltd. , together with its subsidiaries, provides solutions that enable enterprises and security organizations to extract insight from interactions, transactions and surveillance.... in 2007 for $280M |
| ECI Telecom ECI Telecom ECI Telecom Ltd is a global telecom networking infrastructure provider headquartered in Petah Tikva, Israel. It provides communications platforms and solutions to carriers and service providers, cable/multiple system operators, wireless/cellular service providers, utilities and carrier of carriers,... |
Communications | Networking Infrastructure Equipment | 2002 | Acquired by Swarth Group Swarth Group Swarth Group is a private equity company, owned by Israeli investor Shaul Shani. In 2007, it purchased Israeli ECI Telecom for $ 1.24 billion. The company headquarters are in Petah Tikva, Israel. The company specialises in Telecoms. In 2008, it acquired a 16.44% share of GVT Holding, which owns... in 2007 for $1.25B |
| CopperGate | Communications | Home Networking Company | 2003 | Acquired by Sigma Designs Sigma Designs Sigma Designs is an American public corporation that designs and builds high-performance system-on-a-chip semiconductor technologies for Internet-based set-top boxes, DVD players/recorders, high-definition televisions, media processors, digital media adapters, portable media players and home... in 2009 for $180M |
| Snaptu Snaptu Snaptu is a free mobile application platform that runs on virtually every type of Internet-enabled mobile phone. It allows the user to access popular services, varying from social networks like Facebook, Twitter, Flickr and Picasa to entertainment news, blogs, sports and local... |
Mobile | Mobile Applications | 2007 | Acquired by Facebook Facebook Facebook is a social networking service and website launched in February 2004, operated and privately owned by Facebook, Inc. , Facebook has more than 800 million active users. Users must register before using the site, after which they may create a personal profile, add other users as... in 2011 for $70 |
Active Portfolio Companies
- PayoneerPayoneerPayoneer is an Internet-based financial services business that allows users to transfer money and receive payments through re-loadable prepaid MasterCard debit cards...
- AmadesaAmadesaAmadesa is a privately owned web optimization company based in Evanston, IL, with an office in in Ramat-Gan, Israel. Their SaaS products help websites test and optimize their content in an effort to raise conversion rates. Amadesa works with customers in the U.S., U.K., Canada and...
- bTendo bTendo home page
- ClarizenClarizenClarizen, Inc. is a work management and project management software company based in San Mateo, California. The company was founded in 2005 and the software was first released for public use in 2007...
- C-narioC-narioFounded in 2002, C-nario is a global provider of digital signage software solutions, headquartered in Israel.The company has hundreds of customers, including Fortune 500 corporations, in a variety of industries: retail, banking, transportation, advertising and media, entertainment, sporting events...
- C2 Microsystems
- cVidya NetworksCvidyacVidya Networks is a provider of revenue intelligence solutions for telecom, media and entertainment service providers. The company’s product portfolio includes solutions for revenue assurance, fraud and risk management, dealer management, margin analytics, and clearing house services.The...
- DesignArt Networks
- eXelate Media
- Imagine Communications
- Kontera TechnologiesKonteraKontera Technologies, Inc. is an advertising network, providing in-text advertising and information services.Kontera's technology is based on several proprietary semantic, statistical, linguistic, and yield-maximization algorithms that analyze online content, extract and rank topics and keywords,...
- LiveU
- Mformation TechnologiesMformationMformation Technologies is a software company that provides a suite of mobile device management software products that helps mobile operators, service providers and enterprises remotely activate, configure, manage, control and secure the mobile devices of their consumer and business...
- Multi-phy
- MyThingsMyThingsmyThings is a personalized retargeting provider whose solution enables online advertisers to create relevant, personalized online display ads , in real time, for visitors who have left their website without completing a purchase, as they continue to surf the web...
- OpTierOpTierOpTier is an information technology management company that provides software solutions for business transaction management and application performance management .OpTier's Business Transaction Management suite includes:...
- Optimal Test
- Outbrain
- Oversi Networks
- PayoneerPayoneerPayoneer is an Internet-based financial services business that allows users to transfer money and receive payments through re-loadable prepaid MasterCard debit cards...
- PerfectoMobile
- Personetics
- RealMatch
- Red Bend SoftwareRed Bend SoftwareRed Bend Software is a software company providing mobile software management technology to mobile phone manufacturers and operators. Red Bend’s software has been deployed by handset manufacturers including Kyocera, LG Electronics, Motorola, Sharp, Sony Ericsson and ZTE, as well as companies in the...
- Shunra Software
- Skybox Security
- SundaySky
- WanovaWanovaWanova, Inc, headquartered in San Jose, California, provides software to help IT organizations manage, support and protect data on desktop and laptop computers...