Venture capital firm YL Ventures is doubling down on its support for Israeli security companies with a new $400 million Fund V that will invest specifically in such companies.
is the largest seed fund ever raised for cybersecurity. The fund will invest in founds of 10 startups three times per year.
“For us as investors, what our key differentiators are is you'd like to really work deeply in the weeds doing operational support for our founders, and a lot of them have to go to market and that's why we have a presence here in the US.”
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