FirstTime Raises $60M For First Fund

August 11, 2015 | The co-founders of TheTime Ilan Shiloah, Nir Tarlovsky and co-founder of LATTO Jonathan Benartzi announced that they raised $60 million for their venture capital fund FirstTime Investments. Raising nearly 50 percent more than their initial goal, FirstTime will use the funds to invest in Internet and media companies in post-seed to pre-Series A funding. The fund will invest up to $2 million in a number of startups, providing the companies with financial and tech advisory services. FirstTime was established last year and portfolio includes companies like PlayBuzz, TalkSpace, Pixellot and Brayola.