Jerusalem Venture Partners (JVP) is an international

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

firm founded in 1993. The fund specializes in investments in

startup companies A startup or start-up is a company or project undertaken by an Entrepreneurship, entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses tha ...

, focusing on

digital media In mass communication, digital media is any media (communication), communication media that operates in conjunction with various encoded machine-readable data formats. Digital content can be created, viewed, distributed, modified, listened to, an ...

enterprise software Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than its individual users. Enterprise software is an integral part of a computer-based information ...

semiconductors A semiconductor is a material with electrical conductivity between that of a conductor and an insulator. Its conductivity can be modified by adding impurities (" doping") to its crystal structure. When two regions with different doping levels ...

data storage Data storage is the recording (storing) of information (data) in a storage medium. Handwriting, phonographic recording, magnetic tape, and optical discs are all examples of storage media. Biological molecules such as RNA and DNA are con ...

and

cyber security Computer security (also cybersecurity, digital security, or information technology (IT) security) is a subdiscipline within the field of information security. It consists of the protection of computer software, systems and networks from thr ...

, having raised close to $1.4 billion

USD The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it int ...

across nine funds. JVP is headquartered in Margalit Startup City

Jerusalem Jerusalem is a city in the Southern Levant, on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea. It is one of the List of oldest continuously inhabited cities, oldest cities in the world, and ...

with offices in

Be'er Sheva Beersheba ( / ; ), officially Be'er-Sheva, is the largest city in the Negev desert of southern Israel. Often referred to as the "Capital of the Negev", it is the centre of the fourth-most populous metropolitan area in Israel, the eighth-most po ...

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

and

Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...

Approach

Aside from investment, JVP operates Margalit "startup cities" in Jerusalem, Be'er Sheva and New York. In May 2021, JVP founder Eren Margalit met with

French French may refer to: * Something of, from, or related to France ** French language, which originated in France ** French people, a nation and ethnic group ** French cuisine, cooking traditions and practices Arts and media * The French (band), ...

officials, including

minister of finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio ...

Bruno Le Maire Bruno Le Maire (; born 15 April 1969) is a French politician, writer, and former diplomat who served as Economy and Finance Minister from 2017 to 2024 under President Emmanuel Macron. A former member of The Republicans (LR), which he left in ...

, to discuss a Startup City in Paris. The cities operate like

business incubators A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services, starting with management training and office space, and ending with ventu ...

, providing portfolio companies with office space, mentoring, guidance and other business support. The fund also operates startup hubs in locations like

Kiryat Shmona Kiryat Shmona () is a city in the Northern District (Israel), Northern District of Israel on the western slopes of the Hula Valley near the Lebanon, Lebanese border. In it had a population of . Located near the Blue Line (withdrawal line), Israel ...

History

JVP was founded in Jerusalem in 1993 by

Erel Margalit Erel Margalit (; born 1 January 1961) is an Israeli high-tech and social entrepreneur. He is the founder and Executive Chairman of the Jerusalem-based venture capital firm Jerusalem Venture Partners (JVP) and the founder of two non-profit organi ...

. The company oversaw the

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

business intelligence Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. Common functions of BI technologies include Financial reporting, reporting, online an ...

software company

QlikTech Qlik ronounced "klik"(formerly known as Qliktech) provides a data integration, analytics, and artificial intelligence platform. The software company was founded in 1993 in Lund, Sweden and is now based in King of Prussia, Pennsylvania, Uni ...

, and the sale of Chromatis Networks to

Lucent Technologies Lucent Technologies, Inc. was an American Multinational corporation, multinational telecommunications equipment company headquartered in Murray Hill, New Jersey, Murray Hill, New Jersey. It was established on September 30, 1996, through the div ...

for $4.8 billion, the largest sale of an Israeli company at the time. In May 2012 JVP portfolio company XtremIO, established in 2009, was sold to

EMC Corporation EMC Corporation (stylized as EMC²) was an American multinational corporation headquartered in Hopkinton, Massachusetts, which sold data storage device, data storage, information security, virtualization, analytics, cloud computing and other pro ...

for $430 million. Additional notable companies backed by JVP are

Allot Communications Allot Ltd., formerly Allot Communications, is an Israeli high-tech company that develops telecommunications software. The company is headquartered in Hod Hasharon, Israel. History Allot was founded in 1996, by Michael Shurman and Yigal Jacoby ...

, Altair Semiconductor,

Cogent Communications Cogent Communications Holdings, Inc. is a multinational internet service provider based in the United States. Cogent's primary services consist of Internet access and data transport, offered on a fiber optic, IP data-only network, along with coloc ...

Cyber-Ark CyberArk Software Ltd. is an Israeli publicly traded information security company offering identity management. The company's technology is utilized primarily in the financial services, energy, retail, healthcare and government markets. CyberArk ...

, Jacada, Navajo Systems, Netro, Playcast Media Systems, Precise,

Qlipso Qlipso Inc. is an Israeli- American technology company, which builds and operates multi-user content-sharing platforms for Flash-based media. The company's social-viewing platform provided users the ability to view and share various forms of medi ...

, and XMPie. In 2005, ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' selected Margalit as the top-ranking non-American venture capitalist on its "Midas (The Golden Touch) List". In 2010,''

TheMarker ''TheMarker'' () is a Hebrew-language daily business newspaper published by the Haaretz Group in Israel. ''TheMarker'' was founded in 1999 by journalist and entrepreneur Guy Rolnik along with Haaretz Group and U.S.-based investors. Five years ...

''named him the best venture capitalist in Israel. In 2013, JVP signed an agreement to sell CyOptics Inc. to Avago Technologies, a developer of analog interface components, for $400 million. In 2018, JVP increases its 8th VC fund to $200m. In May 2019, JVP announced it would team up with

Mars, Incorporated Mars, Incorporated (doing business as Mars Inc.) is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services founded on June 23, 1911, headquartered in McLean, Virgini ...

to invest in Israeli food technology. In February 2020, JVP opened the International Cyber Center in

New York New York most commonly refers to: * New York (state), a state in the northeastern United States * New York City, the most populous city in the United States, located in the state of New York New York may also refer to: Places United Kingdom * ...

, Margalit Startup City New York. In November 2020, JVP announced an expansion of the Margalit Startup City in

. In September 2022, JVP opened a climate change center in its NYC location, in partnership with car company

Mini The Mini is a very small two-door, four-seat car, produced for four decades over a single generation, with many names and variants, by the British Motor Corporation (BMC) and its successors British Leyland and the Rover Group, and finally ...

and a startup accelerator called URBAN-X.

Investments

Notable investments for JVP include

CyberArk CyberArk Software Ltd. is an Israeli publicly traded information security company offering identity management. The company's technology is utilized primarily in the financial services, energy, retail, healthcare and government markets. CyberArk ...

, Altair Semiconductor,

Qlik Qlik ronounced "klik"(formerly known as Qliktech) provides a data integration, analytics, and artificial intelligence platform. The software company was founded in 1993 in Lund, Sweden and is now based in King of Prussia, Pennsylvania, United ...

and

Exits (partial list)

References

{{reflist, 2 Venture capital firms of Israel Investment companies of Israel Companies based in Jerusalem

Approach

History

Investments

Exits (partial list)

See also

References