Glilot Capital Raises $220M For Fourth Seed Round

Israeli fund Glilot Capital Partners, the VC firm that invests in Israeli entrepreneurs announced it has raised $220 million for its fourth fund to invest in startups in the seed stage.

The fund, led by Kobi Samborsky, Arik Kleinstein, and Nofar Amikam, will invest in young companies in the fields of cybersecurity, enterprise software, and developer tools.

Glilot has another $180 million fund, Glilot+, which is led by Lior Litwak and invests in growth-stage companies.

Founded in 2011 by managing partners Kobi Samboursky and Arik Kleinstein, Glilot focuses on early-stage startups in the seed and Series A stages.

Glilot has invested in 20 companies, with six of its eight portfolio companies acquired by global corporations including Aorato by Microsoft; Insightera by Marketo (newly acquired by Adobe); LightCyber by Palo Alto Networks; Porticor by Intuit; BlazeMeter by CA Technologies; and Solebit just recently by Mimecast.

 “Glilot Capital is one of the only Israeli VCs that has a team whose sole purpose is to provide support for portfolio companies, help them determine their product/market fit, and close deals with their initial clients,” explains Nofar Amikam, a general partner at Glilot, and the founder of its value creation team.

 “We are investing in ventures run by entrepreneurs who espouse a brilliant vision and desire to grow into large companies,” explains Arik Kleinstein, a founding partner at Glilot Capital. “The combination of a strong team and our extensive global network enables them to take off and quickly conquer the market.”