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June 30, 2013 02:08 pm GMT
Two veteran investors who have been integral in the development of a new generation of Israeli startups are on a mission to reverse a trend in a country that has traditionally favored later-stage and enterprise-skewed venture capital. Benchmark's Michael Eisenberg and Genesis Partners' Eden Shochat are teaming up to create Aleph -- a new fund that aims to bring some much-needed local, early-stage support to Israeli startups. TechCrunch hears that the VC's first fund is nearly closed and is in the region of $120 million.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/CK37bPq1Ynw/
Benchmark's Eisenberg And Face.com's Shochat Raise $120MPlus For Aleph, An Early-Stage Fund For Israeli Startups
Two veteran investors who have been integral in the development of a new generation of Israeli startups are on a mission to reverse a trend in a country that has traditionally favored later-stage and enterprise-skewed venture capital. Benchmark's Michael Eisenberg and Genesis Partners' Eden Shochat are teaming up to create Aleph -- a new fund that aims to bring some much-needed local, early-stage support to Israeli startups. TechCrunch hears that the VC's first fund is nearly closed and is in the region of $120 million.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/CK37bPq1Ynw/
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