Battery Ventures News
11 articles
Here's what's "truly crucial to the state of Israeli tech", according to Battery Ventures | CTech
Battery Ventures, a global technology-focused investment firm, continues to see significant investment opportunities in Israel despite the challenges of the past year. The firm is currently investing from its 14th flagship fund, Battery Ventures XIV, and companion fund Select Fund II, capitalized at a combined $3.8 billion. The firm made a similar pace of deal-making in Israel in 2023 compared to 2022 and anticipates a similar number of deals in 2024. Battery Ventures invests at every stage, from earliest stages to IPO and buyouts. The firm recently invested in MineOS, a company in the privacy-automation space, and expects to see more IPOs in 2024 and 2025.
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Battery Ventures Hires Barak Schoster Goihman to Expand Israel Presence
Battery Ventures has hired Barak Schoster Goihman as a venture partner to expand its presence in Israel. Schoster, the co-founder and CTO of Bridgecrew, will help lead investing efforts in Batterys Israel office and fund companies with global reach. Battery Ventures recently opened a new office in Sarona, Tel Aviv, and has capitalized its latest investment funds at a combined $3.8 billion. Schoster will focus on infrastructure investments in areas such as cybersecurity, open-source software, DevOps, cloud infrastructure, and data/machine learning. Battery Ventures, founded in 1983, backs companies at all stages and has offices in Boston, San Francisco, Menlo Park, New York, London, and Tel Aviv.
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Battery Ventures Closes New Funds Totaling Over $3.8 Billion
Battery Ventures has closed new funds totaling $3.8 billion, including Battery Ventures XIV, a companion fund, and the Battery Ventures Select Fund II. The firm will use the capital to continue investing in companies across various sectors and stages. The funds will also support the firms focus on majority-growth investments. Battery Ventures has invested in over 450 companies globally, resulting in numerous IPOs and M&A events. As part of the announcement, Zack Smotherman has been promoted to general partner, and Shiran Shalev has been promoted to partner. Battery Ventures has also made new hires and promotions in its portfolio-services and operations group.
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Battery Ventures Acquires German Provider of Analysis and Testing Services Focused on Food, Feed, Pharmaceutical and Water Safety
Battery Ventures Closes Select Fund I at $400 Million
Battery Ventures, Continuing to Invest Globally in Innovative Technology Companies, Promotes Four Team Members in London, San Francisco and Israel
Battery Ventures Closes Two New Funds Totaling $2 Billion
Battery Ventures Promotes Four Team Members as It Continues to Strengthen Its Ranks Globally and Across Sectors
Battery Ventures Closes Two New Funds Totaling $1.25 Billion
Battery Ventures has closed two new funds worth a combined $1.25 billion, with one fund focused on larger growth and private-equity investments. The investments will focus on sectors including business software, enterprise-IT infrastructure, consumer Internet and mobile, and industrial technology. Battery Ventures has promoted Morad Elhafed to general partner. Since its founding in 1983, Battery Ventures has invested in 385 companies globally, resulting in 59 IPOs and 154 mergers or acquisitions. The successful closing of the funds demonstrates the firms consistent growth and the faith of its limited partners. Battery Ventures is known for investing across all investment stages, from seed to majority-ownership transactions exceeding $100 million.
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Battery Ventures Raises $950 Million for New Fund
Battery Ventures has raised $650 million for its eleventh flagship fund and $300 million for a side fund, bringing the total to $950 million. The firm remains focused on investing in innovation cycles and has a long-term time horizon. Battery Ventures is stage-agnostic and has a portfolio of tech companies. The partnership has undergone changes, with a longtime partner stepping down and new general partners joining. The firm recently agreed to sell Brightree to ResMed for $800 million. Battery Ventures has offices in Boston, San Francisco, Menlo Park, and Israel.
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Battery Ventures Closes On $950 Million Across Two Funds
Battery Ventures has raised $950 million across two new funds, including a main fund of $650 million and a side fund of $300 million. The firm typically invests between $500,000 and $60 million in companies across various industries. Battery has seen six companies go public and 15 portfolio companies being acquired. Recently, healthcare-software company Brightree, in which Battery Ventures had invested since 2008, announced its acquisition by ResMed for $800 million. Battery Ventures is among several firms expected to announce funds in 2016. However, the influx of capital requests from venture firms is posing challenges for institutional investors.
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