Jerusalem Global Ventures
8 E.S. Artom Street, Jerusalem, Israel
Overview
Jerusalem Global's goal has been to support private Israeli technology initiatives and to generate superior returns to investors. Over the last two decades, the partners of Jerusalem Global Ventures have developed strong ties with the top Israeli entrepreneurs and visionaries enabling JGV to invest in the best of Israel's entrepreneurs and help their portfolio companies build winning management teams.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Wilocity
Led · Equity · Oct 2013
Wilocity develops 60 GHz wireless chipsets that enable short-range multi-gigabit (1–5 Gbps) communications for mobile computing, consumer electronics, and peripherals. The company began selling its chipsets in 2012 and its first products were integrated with Dell laptops earlier in the year. Wilocity heads the WiGig consortium, which was founded in 2009 to establish the new industry standard alongside members such as Broadcom, Dell, Intel, Microsoft, NEC, Qualcomm, and Samsung. The company was founded in 2007 and its leadership team includes CEO Tal Tamir, COO Danny Rettig, VP communications architecture Gal Basson, and VP products and sales Jorge Myszne. Wilocity will use the proceeds from the recent financing to expand partnerships and enter the smartphone market, and plans to have a product on the market by the end of 2014. According to IVC, Wilocity has raised $70 million to date.
Team
No current team members are available.