The story
Founded by Erel Margalit in 1993.1
JVP was founded in Jerusalem in 1993 by Erel Margalit. The company oversaw the IPO of business intelligence software company QlikTech, and the sale of Chromatis Networks to Lucent Technologies 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 for $430 million. Additional notable companies backed by JVP are Allot Communications, Altair Semiconductor, Cogent Communications, Cyber-Ark, Jacada, Navajo Systems, Netro, Playcast Media Systems, Precise, Qlipso, and XMPie.
In 2005, Forbes selected Margalit as the top-ranking non-American venture capitalist on its "Midas (The Golden Touch) List". In 2010, TheMarker 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 to invest in Israeli food technology.
In February 2020, JVP opened the International Cyber Center in New York City, New York, Margalit Startup City New York. In November 2020, JVP announced an expansion of the Margalit Startup City in Jerusalem.
In September 2022, JVP opened a climate change center in its NYC location, in partnership with car company Mini and a startup accelerator called URBAN-X.
From Wikipedia’s article on Jerusalem Venture Partners, shared under CC BY-SA 4.0.4