December 16, 2015 | Early-stage venture capital firm USVP announced the closing of USVP XI, a $300 million fund that will invest in Series A in companies based in the U.S. or Israel, in four core sectors: cyber security, enterprise software, consumer mobile and e-commerce, and healthcare. “The firm’s highly-selective Israel strategy has generated a 7X return on invested capital since our first investment in Israel,” remarked Rick Lewis, General Partner. “USVP also is uniquely positioned to capitalize on the emerging IT-enabled healthcare services sector, with proven software and healthcare expertise integrated into a single firm and fund.”
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