Former Cisco Executives to Raise $110 Million Fund
StageOne’s management team includes former Cisco executives Yoav Samet and Tal Slobodkin
17:15
20.08.17
Israel-based venture firm StageOne Ventures intends to raise a $110 million fund, according to documents filed by the company earlier this month.
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Based in Herzliya, around 10 miles north of Tel-Aviv, StageOne’s management team includes former Cisco executives Yoav Samet and Tal Slobodkin. A former Cisco vice president, before joining the venture firm Mr. Samet led Cisco's mergers and acquisitions and venture investments in domains including mobile wireless, semiconductor, and software-enabled services. Mr. Slobodkin led Cisco’s corporate development activities in Israel and Russia until 2014.
StageOne partner Yoav Sametצילום: stageonevc.com
StageOne invests in early stage and later stage startups developing enterprise software and IT infrastructure.
Founded in 2001, the firm's first fund invested $46 million in 17 companies. Its second fund, raised in 2015, invested $65 million in 13 companies, including Otonomo Technologies Ltd., an Israel-based startup that enables service providers to tap into car data.
