Sequoia Capital Discontinues Israel Fund

September 26, 2016 | According to a report in Israel’s Calcalist, after leading five funds in Israel and exits of hundreds of millions of dollars, Sequoia Israel will make new investments only through their American fund, Sequoia Capital. A similar step was taken from Benchmark and Greylock Partners who are no longer active in Israel. According to estimates, the reason for the decision to close the Israeli fund is primarily the desire of the partners to work through the American fund to give Israeli companies better access to the American fund.