Genesis Partners is an
Israeli venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
firm, founded in 1996 by Eddy Shalev and Eyal Kishon.
Overview
Genesis Partners investment strategy is focused on early-stage Israeli innovation-driven technology companies. The company invests in communications & wireless technologies, infrastructure software & hardware, enterprise software, internet applications and services, digital media, consumer applications and services, mobile applications and services. Genesis has over $20 billion in assets under management and has invested in over 300 companies.
In 2011, Genesis Partners launched The Junction, Israel's first open house for entrepreneurs. Entrepreneurs who are selected to work on their venture at The Junction for six months, before ending their experience in a Demo Day to Israeli
angel investors
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or owner ...
and venture capital firms.
The firm's partners include Eddy Shalev, Eyal Kishon, Gary Gannot, Jonathan Saacks and Hadar Kiriati.
In 2016, three members of the senior investment team, including Jonathan Saacks and Eddy Shalev, spun out with a seed stage fund, F2 Venture Capital, and took over management of The Junction. In 2019,
Insight Venture Partners
Insight Partners (previously Insight Venture Partners) is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses.
History
Insight Partners was fo ...
announced purchasing a majority of the portfolio of Genesis Partners fourth fund named Genesis Partners IV.
Portfolio companies
*
Any.DO
Any.do is a productivity platform aimed at task and project management. It is available on mobile, web, and wearables with built-in integrations including calendars, chat applications, and virtual assistants.
History
Any.do was co-founded by O ...
– Developer of task management mobile apps
*
Aternity –
User Experience Management solutions
* DaPulse – Social communication tool for improving the internal information-sharing processes within an organization (now renamed to
Monday.com)
* Discretix – Security solutions for mobile devices and flash-based storage
* EatWith – community marketplace that invites people to dine in other homes
*
Homeis
Homeis is the first social networking app for immigrants. The app networks foreign-born peoples based on location and language, primarily focusing on South Asian, South American, French-speaking African, and Israeli immigrants.
Homeis conne ...
– social networking app for immigrants
*
Innovid
*
JoyTunes
*
Radwin – Broadband wireless connectivity solutions.
*
Riskified
2012 establishments in Israel
Internet security
Software companies established in 2012
Software companies of Israel
Security companies of Israel
2021 initial public offerings
Companies listed on the New York Stock Exchange
Companies based in Tel A ...
– a company that reviews, approves and guarantees high risk credit card transactions for online merchants.
* Sckipio Technologies – A semiconductor company focused on the ITU standard,
G.fast.
*
Sisense – End-to-end business intelligence software
* SponDoolies –Tech build infrastructure technology for virtually mining cryptocurrency such as
Bitcoin
Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public di ...
.
*
Valens Semiconductor –
Fabless manufacturing
Fabless manufacturing is the design and sale of hardware devices and semiconductor chips while outsourcing their fabrication (or ''fab'') to a specialized manufacturer called a semiconductor foundry. These foundries are typically, but not exclu ...
company providing semiconductor solutions for the development of
HDBaseT
HDBaseT is a consumer electronic (CE) and commercial connectivity standard for transmission of uncompressed ultra-high-definition video, digital audio, DC power, Ethernet, USB 2.0, and other control communication (such as RS-232 and Consume ...
devices.
Exits
*
Allot Communications (IPO) – provider of
IP service optimization solutions for
service providers, carriers, and enterprises
* Appilog (acquired by
Mercury Interactive) – application mapping technologies
*
AudioCodes
AudioCodes Ltd. is a provider of advanced communications software, products and productivity solutions. Its services enable enterprises and service providers to build and operate all-IP voice networks for unified communications (UC), contact cen ...
(IPO) – designs, develops, and sells advanced
Voice over IP
Voice over Internet Protocol (VoIP), also called IP telephony, is a method and group of technologies for the delivery of voice communications and multimedia sessions over Internet Protocol (IP) networks, such as the Internet. The terms Interne ...
(VoIP) and converged VoIP and Data networking products and applications to service providers and enterprises
* Butterfly VLSI (acquired by
Texas Instruments
Texas Instruments Incorporated (TI) is an American technology company headquartered in Dallas, Texas, that designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globa ...
) – developed low cost chipsets that enabled RF wireless communications
*
ClickSoftware Technologies (IPO) – develops software solutions for workforce optimization, allowing companies to efficiently coordinate the dispatch of
field service technicians to customer locations
* ColBar LifeScience (acquired by
Johnson & Johnson
Johnson & Johnson (J&J) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average and the company i ...
) – develops, manufactures, and commercializes biosurgical products
*
Compugen (IPO) – develops and markets
bioinformatics
Bioinformatics () is an interdisciplinary field that develops methods and software tools for understanding biological data, in particular when the data sets are large and complex. As an interdisciplinary field of science, bioinformatics combin ...
software platforms and engages in ''in silico'' drug discovery
*
eToro
eToro is an Israeli social trading and multi-asset investment company that focuses on providing financial and copy trading services. Its headquarters are located in Central Israel, and the company has registered offices in Cyprus, the Unite ...
– a
social trading and multi-asset
brokerage
A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be conf ...
company that focuses on providing financial and
copy trading services
* FilesX (acquired by
IBM) – storage software company that specializes in continuous data protection with near-instant recovery software for applications and data
* FIS Software – Software solution for the Insurance industry, acquired by
Sapiens International Corporation
Sapiens International Corporation is a publicly traded company, headquartered in Israel, that develops computer software for the insurance industry,
Sapiens' shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange. ...
* Fundtech (IPO) – designs, develops, markets, and supports client/server products for electronic payments
*Jeeng (formerly PowerInbox) –
AI-powered autonomous marketing platform
*
Kidaro (acquired by
Microsoft
Microsoft Corporation is an American multinational corporation, multinational technology company, technology corporation producing Software, computer software, consumer electronics, personal computers, and related services headquartered at th ...
) – provider of desktop virtualization solutions for enterprises
* Modem Art (acquired by
Agere Systems
Agere Systems, Inc. was an integrated circuit components company based in Allentown, Pennsylvania. Spun out of Lucent Technologies in 2002, Agere was merged into LSI Corporation in 2007. LSI was in turn acquired by Avago Technologies in 2014. I ...
) – developer of advanced processor technology for 3G/UMTS mobile devices
* Neebula Systems (acquired by
ServiceNow) - business service monitoring (BSM) platform for virtualized data center environments
* Octalica (acquired by
Broadcom
Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wirel ...
) – home networking solutions over coaxial cable
* Optonol (acquired by
Alcon
Alcon is an American Swiss medical company specializing in eye care products with headquarters in Geneva, Switzerland, and incorporated in Fribourg, Switzerland. Alcon began as a US company and its US subsidiary’s headquarters remain in Fort ...
) – devices for ophthalmologic applications
*
PrimeSense
PrimeSense was an Israeli 3D sensing company based in Tel Aviv. PrimeSense had offices in Israel, North America, Japan, Singapore, Korea, China and Taiwan. PrimeSense was bought by Apple Inc. for $360 million on November 24, 2013.
History
P ...
developer of 3D sensing technology, acquired by
Apple Inc. for $350 million on November 24, 2013.
* ProSight (acquired by
Primavera) – enterprise IT portfolio management software
* Scopus Video Networks (IPO) – end-to-end digital video networking products
*
SolarEdge (IPO) – provides an intelligent inverter solution that has changed the way power is harvested and managed in solar photovoltaic systems
* Wintegra (acquired by
PMC-Sierra) – multiprotocol semiconductors for broadband access networks
* Worklight (acquired by
IBM) – Mobile application platform software
* Yedda (acquired by
AOL, renamed to AOL Answers) – community-driven question and answer service
See also
*
Venture capital in Israel
*
Silicon Wadi
Silicon Wadi ( he, סִילִיקוֹן וְאֵדֵי, ) is a region in Israel that serves as one of the global centres for advanced technology. It spans the Israeli coastal plain, and is cited as among the reasons why the country has ...
*
List of Israeli companies quoted on the Nasdaq
*
References
External links
*{{Official website, http://www.genesispartners.com
Venture capital firms of Israel
Investment companies of Israel
Financial services companies established in 1996
1996 establishments in Israel