Elron Ventures Overview
Elron Ventures is a leading tech-driven investment company with a focus on early-growth ventures in cybersecurity, Deep Tech, Defense Tech, and AI. Since its establishment in 1962, Elron has built a strong track record of investments and successful M&As worldwide, leveraging its deep industry expertise to foster innovation and growth. A key pillar of Elron’s success is its strong, long-standing partnership with Rafael Advanced Defense Systems, ensuring entrepreneurs meet the highest industry standards. Another strategic pillar is CyberFuture — Elron Ventures’ micro fund, a CISO investment alliance that brings together cybersecurity leaders from the world’s leading organizations to collaborate with visionary entrepreneurs shaping the future of cybersecurity, providing them with validation, strategic guidance, and market access from the highest levels of the industry. In recent years, Elron Ventures has played a part in exits valued at a total of $2.6 billion and today manages more than $230 million in assets. Elron Ventures' group of companies includes ventures in Deep Tech, Defense Tech, cybersecurity, and AI, featuring groundbreaking companies such as Red Access, Tamnoon, Cyberidge, Open Legacy, and Wonder Robotics. The team is dedicated to attracting and supporting talented and driven entrepreneurs with innovative and impactful ideas. Portfolio companies benefit from the team’s combined technological, strategic, entrepreneurial, and business expertise, as well as access to broad networks, engineering capabilities, domain knowledge, and go-to-market support. In addition, Elron holds exclusive rights to establish companies based on intellectual property developed by Rafael.
Latest News
growth-positive
Red Access Secures $17M to Power a Lightweight SSE Alternative without Agents or Network Overhaul
Red Access, a security platform company, announced securing $17 million in a Series A funding round led by Norwest Venture Partners, with participation from several other investors. The investment will support the companys U.S. expansion and product innovation. Red Access offers an agentless platform that simplifies security across browsers, SaaS, and corporate apps, addressing the challenges of Security Service Edge (SSE) adoption. The platform integrates with existing environments, providing precise protection without requiring major infrastructure changes. This funding will help Red Access extend its reach and enhance its offerings in the security domain.
InvestmentExpand
growth-positive
Westin Desaru Coast Resort partners with CAYIN Technology for digital signage
CAYIN Technology has partnered with Westin Desaru Coast Resort in Johor, Malaysia, to enhance guest communication and operational efficiency through the implementation of its CMS-WS server and CAYIN Signage Player. This collaboration involves the use of digital signage to provide real-time updates across 14 Samsung displays in various areas of the resort. The project was executed in partnership with Hola Media, which provided integration services, including installation, design, staff training, and support. The system has improved communication, reduced staff workload, and enhanced the guest experience, preparing the resort for future digital expansion.
Partners
growth-positive
Assessing the Valuation of Yue Yuen Industrial (SEHK:551) After Recent Volatility
Yue Yuen Industrial (Holdings) has experienced notable stock price fluctuations, drawing attention from investors. Despite a year-to-date decline of 21%, the company has shown resilience with an 11% gain over the past year and a 13% increase in the past three months. Over a longer period, the stock is up 53% over three years and 44% over five years. The companys P/E ratio of 7.2x suggests it is undervalued compared to industry peers, indicating potential for growth if profit levels are sustained or improved. While the company shows steady revenue and net income growth, risks remain due to inconsistent short-term returns and potential shifts in market sentiment.
growth-positive
US Market's Hidden Opportunities With 3 Undiscovered Gems
AudioCodes Ltd., a company in the communications sector, is focusing on AI technology and strategic partnerships, such as with Cisco Webex Callings Cloud Connect, to drive growth. Despite a significant earnings forecast decline of 87.5% annually over three years, the company is leveraging its debt-free status and has repurchased shares worth $18.1 million this year. AudioCodes also declared a $0.20 dividend per share for August 2025, indicating confidence in its future prospects. The company is trading at 87.9% below its estimated fair value, presenting an intriguing investment opportunity.
Partners
growth-positive
Elron Makes Its Third Exit This Year: “Part of the New Strategy” (Article in Hebrew)
Elron Ventures, through its subsidiary RDC, announced the sale of its entire stake in Cynerio to Axonius in exchange for preferred shares valued at approximately $15.2 million. This transaction is part of Elrons strategy to focus on deep-tech and defense-tech investments. The deal allows Elron to enter a unicorn company valued at $2.6 billion, enhancing its ecosystem and providing added value to Axoniuss healthcare market customers. The partnership with Axonius is expected to expand its product offerings and contribute to future growth. Elrons strategy includes investing in growth-leading companies with proven market potential, and this acquisition aligns with their focus on cybersecurity and AI.
AcquisitionPartners
Team Members
12
Web & Social Links
| Website | elronventures.com/ |
Locations
Yigal Alon St 114, Tel Aviv-Yafo, 6744320, Israel
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Elron Ventures Business
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Elron Ventures Lifecycle
Elron Ventures News
17 articles
growth-positive
Red Access Secures $17M to Power a Lightweight SSE Alternative without Agents or Network Overhaul
Red Access, a security platform company, announced securing $17 million in a Series A funding round led by Norwest Venture Partners, with participation from several other investors. The investment will support the companys U.S. expansion and product innovation. Red Access offers an agentless platform that simplifies security across browsers, SaaS, and corporate apps, addressing the challenges of Security Service Edge (SSE) adoption. The platform integrates with existing environments, providing precise protection without requiring major infrastructure changes. This funding will help Red Access extend its reach and enhance its offerings in the security domain.
InvestmentExpand
growth-positive
Westin Desaru Coast Resort partners with CAYIN Technology for digital signage
CAYIN Technology has partnered with Westin Desaru Coast Resort in Johor, Malaysia, to enhance guest communication and operational efficiency through the implementation of its CMS-WS server and CAYIN Signage Player. This collaboration involves the use of digital signage to provide real-time updates across 14 Samsung displays in various areas of the resort. The project was executed in partnership with Hola Media, which provided integration services, including installation, design, staff training, and support. The system has improved communication, reduced staff workload, and enhanced the guest experience, preparing the resort for future digital expansion.
Partners
growth-positive
Assessing the Valuation of Yue Yuen Industrial (SEHK:551) After Recent Volatility
Yue Yuen Industrial (Holdings) has experienced notable stock price fluctuations, drawing attention from investors. Despite a year-to-date decline of 21%, the company has shown resilience with an 11% gain over the past year and a 13% increase in the past three months. Over a longer period, the stock is up 53% over three years and 44% over five years. The companys P/E ratio of 7.2x suggests it is undervalued compared to industry peers, indicating potential for growth if profit levels are sustained or improved. While the company shows steady revenue and net income growth, risks remain due to inconsistent short-term returns and potential shifts in market sentiment.
growth-positive
US Market's Hidden Opportunities With 3 Undiscovered Gems
AudioCodes Ltd., a company in the communications sector, is focusing on AI technology and strategic partnerships, such as with Cisco Webex Callings Cloud Connect, to drive growth. Despite a significant earnings forecast decline of 87.5% annually over three years, the company is leveraging its debt-free status and has repurchased shares worth $18.1 million this year. AudioCodes also declared a $0.20 dividend per share for August 2025, indicating confidence in its future prospects. The company is trading at 87.9% below its estimated fair value, presenting an intriguing investment opportunity.
Partners
growth-positive
Elron Makes Its Third Exit This Year: “Part of the New Strategy” (Article in Hebrew)
Elron Ventures, through its subsidiary RDC, announced the sale of its entire stake in Cynerio to Axonius in exchange for preferred shares valued at approximately $15.2 million. This transaction is part of Elrons strategy to focus on deep-tech and defense-tech investments. The deal allows Elron to enter a unicorn company valued at $2.6 billion, enhancing its ecosystem and providing added value to Axoniuss healthcare market customers. The partnership with Axonius is expected to expand its product offerings and contribute to future growth. Elrons strategy includes investing in growth-leading companies with proven market potential, and this acquisition aligns with their focus on cybersecurity and AI.
AcquisitionPartners
growth-positive
“Yaniv’s rich deep-tech and defense-tech expertise aligns with our goals, leading Elron towards the next stage of growth,” said Lisya Bahar-Manoah, Chairperson of Elron and Managing Partner at Arieli Group.
Elron Ventures has appointed Yaniv Shnieder as its new CEO, marking a strategic shift towards early growth investments in deep-tech and defense-tech sectors. Shnieder, formerly of Rafael, brings extensive expertise in these areas, which aligns with Elrons goals of expanding its portfolio and creating value for entrepreneurs and investors. The company is also introducing a dividend distribution policy to return value to shareholders. This leadership change is expected to strengthen Elrons position as a leader in technology investments.
Management Changes
growth-positive
“Israel's high-tech sector will continue to thrive” in 2025, says Elron Ventures | CTech
Elron Ventures, a key player in Israels tech ecosystem, is optimistic about the future of the high-tech sector, particularly in cybersecurity and defense. The company emphasizes the importance of investing in workforce development and integrating AI solutions to maintain competitiveness. In 2024, Elron completed several M&A deals and follow-on investments, with a focus on cybersecurity and defense. The firm anticipates a resurgence in the IPO market in 2025, driven by stabilizing interest rates and improved investor confidence. Elrons partnership with Rafael and its acquisition by Arieli Group are pivotal for its strategic growth. The company is well-positioned to capitalize on emerging opportunities in deep tech and renewable energy.
InvestmentPartnersAcquisition
growth-positive
Elron Ventures cashes out IronScales stake for $26M as PSG increases its holding | CTech
Elron Ventures sold its 7.6% stake in IronScales to PSG investment fund for $26 million, valuing IronScales at $340 million. This transaction is part of Elrons strategy to realize profits from its investments, having previously invested $1.1 million in IronScales in 2019. Elron has recorded total profits of $38 million from its investment in IronScales, with the latest sale yielding a 23x return. Additionally, Elron sold its stake in Cybersixgill to Bitsight for $115 million, generating a $22.5 million profit. Elrons market value is estimated at $70 million, following Arieli ELs acquisition of a majority stake for $53.2 million. Elrons CEO and partner plan to step down, and the companys shares have risen 24% this year.
InvestmentAcquired-by
growth-positive
US cyber risk management company Bitsight will pay $115 million for the Israeli cyber threat intelligence data company.
US cyber risk management company Bitsight has announced its acquisition of Israeli cyber threat intelligence data company Cybersixgill for $115 million. This acquisition will allow Bitsight to enhance its cybersecurity capabilities by integrating Cybersixgills intelligence-gathering system. Cybersixgill, founded in 2014, has developed a system for identifying cyber threats by scanning closed forums and social media. The company had raised $50 million in total investments, with Elron Ventures holding a 23% stake. Despite layoffs of 22 employees due to the loss of a major customer, Cybersixgills research and development operations will remain in Israel under Bitsights ownership. The acquisition is expected to strengthen Bitsights position in the cybersecurity market.
Acquisition
growth-positive
Arieli EL Completes Acquisition of Majority Stake in Elron Ventures, a Leading Cybersecurity and B2B Software Holding Company
Arieli EL, part of the Arieli group of companies, has acquired a 59.14% controlling stake in Elron Ventures for $53.2 million from Discount Investment Corporation Ltd. This acquisition includes a 50% stake in Rafael Development Corporation (RDC), a joint venture with Rafael Advanced Defense Systems. Elron Ventures manages over $250 million in assets and has a portfolio of 19 companies in cybersecurity, B2B software, and health-tech. Arieli EL aims to leverage its global ecosystem and investment experience to drive growth and investments in these sectors. The acquisition underscores Arielis commitment to advancing solutions for critical global needs.
AcquisitionPartners
growth-positive
Discount Investment sells control of Elron Ventures
Israeli holding company Discount Investment Corporation Ltd. is selling its 59.1% stake in its technology investment arm Elron Ventures for $53.2 million to family office Arieli EL. Elron Ventures, founded in the 1960s, invests in early-stage medical devices, cybersecurity and software companies. The company has been involved in 14 exits worth $1.8 billion since 2010, of which its share was worth $660 million. Arieli EL plans to link its investments to its global network, with the goal of providing families with unique access to the high-tech field.
Acquisition
growth-negative
Discount Investment in talks to sell Elron to foreign VC fund
Israeli holding company Discount Investment Corporation Ltd. is in talks with a foreign venture capital fund to sell its full stake in Elron Ventures, a venture capital fund that invests in early stage medical devices, cybersecurity and software companies. The deal could see Discount Investment sell its 59.14% stake in Elron for $48.5-$53.2 million, reflecting a company valuation of $82-$90 million. The purchase value is based on the current cash levels of Elron and its subsidiary RDC Rafael, and the levels of debt and working capital.
Acquired-by
growth-negative
Elron Ventures counting on cyber investments after losing two thirds of market cap | CTech
Elron Ventures, a holding company controlled by Discount Investment Corporation, has seen a significant decrease in its market value since shifting its focus from medical devices to cyber and software. Despite investing $54 million in software and cyber companies in 2021 and 2022, Elrons market capitalization is only $65 million. This is attributed to investor expectations of reduced valuations of some of its holdings. Elron has also initiated cost-cutting measures, including a 40% reduction in its workforce. The companys peak value was $193 million in September 2021, which has since decreased by two thirds.
InvestmentLayoffs
growth-positive
Elron Ventures launches CyberFuture alliance to bring CISOs and entrepreneurs together | CTech
Elron Ventures, a venture capital fund, has launched the CyberFuture alliance, a group that brings investors and prominent Chief Information Security Officers (CISOs) from leading brands to entrepreneurs. The alliance currently manages hundreds of thousands of dollars invested by the CISOs in early-stage cybersecurity startups. The alliance aims to empower security practitioners to vet and influence investment decisions, as well as support the selected early-stage companies. Members of the alliance include CISOs from Airbnb, Google, Royal Caribbean Group, Snapdocs, Dolby Laboratories, and Teva Pharmaceuticals.
InvestmentPartners
growth-positive
Elik Etzion To lead Enterprise Software and Cybersecurity Investments at Elron
Elron has appointed Elik Etzion to lead the Enterprise Software and Cybersecurity Investments. Etzion will be responsible for identifying and accompanying companies specializing in Cybersecurity and Enterprise Software spaces. Elron has approximately $90m in its fund for continued investments in cyber and software sectors. Zohar Rozenberg, who led cyber investments, will continue with the firm as an active independent partner. Etzion has 25 years of experience in Elrons investment sectors and has held various positions in the tech and cyber world in the IDF and in the banking sector.
Management Changes
growth-positive
אלרון גייסה 112 מיליון שקל בהנפקת מניות
Israeli investment company Elron, part of the IDB group, has raised 112 million shekels ($34 million) through a stock issuance. The demand for the shares stood at 150 million shekels. The company, which invests in the biomed, software, and cybersecurity sectors, saw its shares rise by 4% following the announcement. The companys market value now stands at 558 million shekels ($170 million).
Investment
growth-negative
Elron CEO resigns amid dispute with Elsztain
Ari Bronshtein, CEO of Elron Electronic Industries, has resigned from his position due to a dispute with IDB Development controlling shareholder Eduardo Elsztain. Bronshteins resignation follows a series of resignations in companies controlled by Elsztain. Elron, the technology and life sciences investment arm of the IDB-Discount Investment group, has a current market cap of NIS 220 million. Bronshtein has been Elrons CEO since May 2009. His salary cost in 2018 was $653,000. The resignation was reported on December 2, 2019.
Management Changes
Elron Ventures Team
Maya Reitman
Maya Reitman
Maya Reitman
Maya Reitman
Maya Reitman
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Recent Updates
Maya Reitman
· mayar@elron.com · Manual · 2025-08-10 13:07:06.000000
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Matan Eblagon
· matane@sncentral.org · Manual · 2025-06-15 20:49:12.000000
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· mayar@elron.com · Manual · 2025-08-10 13:41:58.000000
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· mayar@elron.com · Manual · 2025-08-10 22:38:30.000000
Doron Bobman
· doron.b@sncentral.org · Manual · 2025-05-11 14:12:22.000000
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Admin Info
| Confidence | 63/100 |
| Missing | product stage, sector, founding month, number of employees, business model, tag line, video or image, markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 520028036 |
| Crunchbase | elron-electronic-industries |
| Phone | +97236075555 |
| Creator | Ben Yaron |
| Creator email | benyaron@gmail.com |
| Last updater | Yotam Maman |
| Updater email | yotamm1988@gmail.com |
| Last update | 2021-10-31T00:00:00.000Z |
| Created | 2017-02-27T00:00:00.000Z |
| Status detail | Public on TASE on Jan, 1975; |