Carmel Ventures

Carmel Ventures
Type Private
Industry Venture capital
Founded 2000
Founder(s) Shlomo Dovrat, Avi Zeevi
Headquarters Herzliya, Israel
Employees ~30
Website www.carmelventures.com

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.

Contents

General Partners

Shlomo Dovrat – 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.

Exits

Company Industry Description Initial Investment Date Exit
Followap Communications Presence-based and Instant Messaging (IM) solutions to Mobile Operators 2001 Acquired by NeuStar in 2006 for $139M[1]
Actimize Enterprise Software Brokerage compliance, anti-money laundering, and fraud prevention 2001 Acquired by NICE Systems in 2007 for $280M[2]
ECI Telecom Communications Networking Infrastructure Equipment 2002 Acquired by Swarth Group in 2007 for $1.25B[3]
CopperGate Communications Home Networking Company 2003 Acquired by Sigma Designs in 2009 for $180M[4]
Snaptu Mobile Mobile Applications 2007 Acquired by Facebook in 2011 for $70[5]

Active Portfolio Companies

External links

References