YL

Former Unity, SAP and Yahoo! CISO Justin Somaini Joins YL Ventures as Partner

Retrieved on: 
Tuesday, February 6, 2024
Technology, Mobile, Wireless, Finance, Venture Capital, Security, Professional Services, Software, Networks, Data Management, YL Ventures, Multimedia, SAP, Growth, Venture, Partner (business rank), YL, CISO, Business development, Yahoo!, Risk management

Global cybersecurity venture capital firm, YL Ventures today announced the appointment of Justin Somaini as a full-time Partner in the firm.

Key Points: 
  • Global cybersecurity venture capital firm, YL Ventures today announced the appointment of Justin Somaini as a full-time Partner in the firm.
  • Justin, a renowned leader in the global cybersecurity industry and the former Chief Information Security Officer (CISO) of global giants Unity, SAP, Yahoo!
  • View the full release here: https://www.businesswire.com/news/home/20240206548772/en/
    Justin Somaini Joins YL Ventures as Partner (Photo: Business Wire)
    Justin has served in various security roles in global enterprises during his 30-year career, positioning him at the forefront of the industry.
  • Joining YL Ventures as a partner will enable Justin to play a meaningful role in the foundational stages of company-building that will shape the future of the cybersecurity industry.

YL Ventures Ranked 8th Among VCs Worldwide in PitchBook’s New Report

Retrieved on: 
Tuesday, August 15, 2023
Professional Services, Security, Technology, Other Technology, Finance, Venture Capital, Asset Management, YL, Noise, DPI, Marketing, SoftBank Group, YL Ventures, Like a Boss (film), Microsoft, Multimedia, PitchBook Data, Boil, Investment, Scores, HR, VCS, CFO, Proofpoint, VC, Benchmarking, Palo Alto Networks, IRR, Twistlock, Retail, Cryptocurrency

View the full release here: https://www.businesswire.com/news/home/20230815813274/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230815813274/en/
    YL Ventures Ranked 8th Among VCs Worldwide in PitchBook’s New Report (Photo: Business Wire)
    YL Ventures, the seed and follow-on investor of unicorns Axonius and Orca Security, is the only venture capital firm in the PitchBook top 10 that is solely focused on investing in cybersecurity startups.
  • “This recognition demonstrates YL Ventures’ position as the prominent VC bolstering Israeli cybersecurity innovation on the global stage,” says Yoav Leitersdorf, managing partner at YL Ventures.
  • For example, YL Ventures’ 2017 fund, YLV III, invested over $130M in seven portfolio companies.
  • In 2022, YL Ventures announced the launch of its $400M Fund V , bringing its total capital under management to $800M.

Dave Reed Joins YL Ventures as Chief Financial Officer

Retrieved on: 
Wednesday, July 19, 2023
YL, Marketing, YL Ventures, Reed, Advisory board, CCO, TEL, AUM, Babcock & Brown, SAN, CFO, Ideation, Weather, Development, Risk management

SAN FRANCISCO and TEL AVIV, Israel, July 19, 2023 (GLOBE NEWSWIRE) -- Israeli-American cybersecurity seed stage venture capital firm YL Ventures , the seed investor behind Orca Security and Axonius, today announced that Dave Reed , former CFO and CCO of PowerPlant Partners, is joining the YL Ventures team as Chief Financial Officer.

Key Points: 
  • SAN FRANCISCO and TEL AVIV, Israel, July 19, 2023 (GLOBE NEWSWIRE) -- Israeli-American cybersecurity seed stage venture capital firm YL Ventures , the seed investor behind Orca Security and Axonius, today announced that Dave Reed , former CFO and CCO of PowerPlant Partners, is joining the YL Ventures team as Chief Financial Officer.
  • His move to YL Ventures follows 20 years of accumulated experience in startup financial strategy.
  • The unique market position of cybersecurity companies is what initially drew Dave to work with YL Ventures.
  • “Every member of our team specializes in their own brand of hands-on support,” said YL Ventures Managing Partner Yoav Leitersdorf.

TRIBECA ANNOUNCES MIAMI MUSIC LOUNGE DECEMBER 1-4, 2022

Retrieved on: 
Monday, November 14, 2022
VSide, Dare, OKX, Body, DJ, Infant, CD Baby, JD, Work, All Right, Partnership, Battle of the Bands, Audible, Live from the Mountain Music Lounge discography, YouTube, How Long Gone, Multimedia, DOM Inspector, YL, Band, Rosenthal, Pitchfork, Love Injected, Love, Tribeca Film Festival, Tribeca, Lotus, Nightclub, TriBeCa Productions, Little Haiti, Facebook

NEW YORK, Nov. 14, 2022 /PRNewswire/ -- Tribeca today announced a pop-up Music Lounge in Miami from December 1–4, featuring four days and nights of exclusive performances. Sponsored by OKX and Audible, the exclusive Music Lounge will take over Understory (formerly the Center For Subtropical Affairs) in Miami's Little Haiti neighborhood, and offer attendees a curated experience from original artists, musicians, and performers.

Key Points: 
  • NEW YORK, Nov. 14, 2022 /PRNewswire/ -- Tribeca today announced a pop-up Music Lounge in Miami from December 14, featuring four days and nights of exclusive performances.
  • "We look forward to showcasing a special entertainment experience this winter at Tribeca Music Lounge, sponsored by OKX and Audible," said Tribeca Chief Operating Officer Pete Torres.
  • The Music Lounge in Miami follows on the heels of Tribeca's successful Music Lounge at Baby's All Right in Brooklyn during the Tribeca Festival.
  • For the latest updates on Tribeca Festival and the Music Lounge in Miami, follow @Tribeca on Twitter , Instagram , Facebook , YouTube , and LinkedIn or visit tribecafilm.com/festival and sign up for the official Tribeca newsletter .

Krypt and Novigo Join Forces to bring their industry leading expertise in Global Trade and Digital Supply Chain Offerings under a combined entity, ArchLynk

Retrieved on: 
Tuesday, November 8, 2022
Cloud, Software, Hitachi, EM, Growth, Transport, Technology, SAP, Gold, YL, Fortune 1000, GTT, LBN, Digital supply chain, EMEA, TM, EWM, Investment, Supply chain, Solution, Private equity, BV, CEO, Maple syrup, Retail, Online shopping, Krypts

BOSTON, Nov. 8, 2022 /PRNewswire-PRWeb/ -- BV Investment Partners, a Boston based Private Equity firm, is the financial sponsor supporting the merger. By bringing together the unparalleled expertise of Krypt and Novigo, ArchLynk is disrupting the global trade and supply chain consulting industries by providing customers with the world's leading experts and efficiency-driving AI/ML technology under one roof. Customers can now access expertise across these capabilities seamlessly.

Key Points: 
  • NOVIGO and Krypt with their global expertise in SAP Transportation Management and Global Trade, are merging to form a global powerhouse, ArchLynk, providing customers with end-to-end SAP Digital Supply Chain solutions.
  • By bringing together the unparalleled expertise of Krypt and Novigo, ArchLynk is disrupting the global trade and supply chain consulting industries by providing customers with the world's leading experts and efficiency-driving AI/ML technology under one roof.
  • "Solving our customers' nagging Supply Chain Problems with innovative Digital Supply Chain Solutions has never been more important than today.
  • Krypt is a global leader in the SAP Global Trade and Supply Chain consulting space.

Krypt and Novigo Join Forces to bring their industry leading expertise in Global Trade and Digital Supply Chain Offerings under a combined entity, ArchLynk

Retrieved on: 
Monday, November 7, 2022
Cloud, Fortune 1000, EMEA, YL, Digital supply chain, SAP, Growth, Transport, Investment, Multimedia, Solution, Private equity, BV, TM, Hitachi, EWM, CEO, Gold, View, Supply chain, GTT, LBN, EM, Technology, Software, Maple syrup, Financial services, Retail, Krypts

BOSTON, Nov. 7, 2022 /PRNewswire/ -- NOVIGO and Krypt with their global expertise in SAP Transportation Management and Global Trade, are merging to form a global powerhouse, ArchLynk, providing customers with end-to-end SAP Digital Supply Chain solutions.

Key Points: 
  • BOSTON, Nov. 7, 2022 /PRNewswire/ -- NOVIGO and Krypt with their global expertise in SAP Transportation Management and Global Trade, are merging to form a global powerhouse, ArchLynk, providing customers with end-to-end SAP Digital Supply Chain solutions.
  • By bringing together the unparalleled expertise of Krypt and Novigo, ArchLynk is disrupting the global trade and supply chain consulting industries by providing customers with the world's leading experts and efficiency-driving AI/ML technology under one roof.
  • "Solving our customers' nagging Supply Chain Problems with innovative Digital Supply Chain Solutions has never been more important than today.
  • Krypt is a global leader in the SAP Global Trade and Supply Chain consulting space.

Krypt and Novigo Join Forces to bring their industry leading expertise in Global Trade and Digital Supply Chain Offerings under a combined entity, ArchLynk

Retrieved on: 
Monday, November 7, 2022
Cloud, Fortune 1000, EMEA, YL, Digital supply chain, SAP, Growth, Transport, Investment, Solution, Private equity, BV, TM, Hitachi, EWM, CEO, Gold, Supply chain, GTT, LBN, EM, Technology, Software, Maple syrup, Financial services, Retail, Krypts

BOSTON, Nov. 7, 2022 /PRNewswire/ -- NOVIGO and Krypt with their global expertise in SAP Transportation Management and Global Trade, are merging to form a global powerhouse, ArchLynk, providing customers with end-to-end SAP Digital Supply Chain solutions.

Key Points: 
  • BOSTON, Nov. 7, 2022 /PRNewswire/ -- NOVIGO and Krypt with their global expertise in SAP Transportation Management and Global Trade, are merging to form a global powerhouse, ArchLynk, providing customers with end-to-end SAP Digital Supply Chain solutions.
  • By bringing together the unparalleled expertise of Krypt and Novigo, ArchLynk is disrupting the global trade and supply chain consulting industries by providing customers with the world's leading experts and efficiency-driving AI/ML technology under one roof.
  • "Solving our customers' nagging Supply Chain Problems with innovative Digital Supply Chain Solutions has never been more important than today.
  • Krypt is a global leader in the SAP Global Trade and Supply Chain consulting space.

Valence Threat Labs Publishes First Report on CISO Perceptions of Shadow SaaS-to-SaaS Integration

Retrieved on: 
Wednesday, June 22, 2022
Solution, Organization, Software as a service, 365, Google Workspace, Compliance, CEO, OAuth, Research, GitHub, API, TEL, Trust, YL, Heroku, Integrated reporting, CISO-FM, Silver, Microsoft, Salesforce, GLOBE, CISO, Software

Researchers then compared their responses to aggregated and anonymized cross-tenant data extracted from the Valence SaaS Mesh Security Platform.

Key Points: 
  • Researchers then compared their responses to aggregated and anonymized cross-tenant data extracted from the Valence SaaS Mesh Security Platform.
  • The end result is the 2022 Shadow SaaS-to-SaaS Integration Report .
  • Both security practitioners and SaaS security vendors have lagged in their past efforts to address this threat vector.
  • This report uncovers an eye-opening gap and disconnect between CISO perceptions and security reality and should be used to inform the decision-making processes of enterprises as they scale their SaaS.

YL Ventures Announces $400M Fifth Fund to Champion Israeli Cybersecurity Innovation

Retrieved on: 
Tuesday, May 10, 2022
Other Professional Services, Venture Capital, Finance, Data Management, Professional Services, Technology, Other Technology, Security, GTM, Proofpoint, Silicon, Partnership, Palo Alto Networks, Lead, YL, VC, General Atlantic, Intuit, VCS, Like a Boss (film), CA, Chief information security officer, YL Ventures, DPI, Microsoft, IRR, Acquisition, Twistlock, Industry, Fidelity, Marketing, SoftBank Group, Solution, Fidelity Investments, CEO, Growth, CISO-FM, CrowdStrike, Multimedia, HR, Cryptocurrency, Financial services, Risk management, Management, Hunting, Airbnb, Venture, Reddit, Amazon, Google

The significantly oversubscribed fund is the largest seed stage cybersecurity-focused fund ever raised, bridging Israeli innovation and the US market.

Key Points: 
  • The significantly oversubscribed fund is the largest seed stage cybersecurity-focused fund ever raised, bridging Israeli innovation and the US market.
  • View the full release here: https://www.businesswire.com/news/home/20220510005144/en/
    YL Ventures Announces $400M Fifth Fund to Champion Israeli Cybersecurity Innovation.
  • With growing enterprise needs and ample room for innovation, YL Ventures has doubled down on this demonstrably successful sector, consistently delivering top decile returns to its Limited Partners.
  • YL Ventures sets the gold standard for value-add VCs, says Avi Shua, CEO and Co-founder of YL Ventures portfolio company and cybersecurity unicorn, Orca Security.

Grip Security Wins 2021 CyberSecurity Breakthrough Award

Retrieved on: 
Thursday, September 30, 2021
Cloud, Software as a service, Fortinet, McAfee, Â, VC, YL, Mastercard, Microsoft, Risk management, TEL, AT, Grip, UTM, CEO, Firewall, AT&T Cybersecurity, Leadership, Risk, Technology, Mobile security, GRIPS-Security and International Studies Program, Tokyo, Email, Cloud computing security, Computer, GLOBE

TEL AVIV, Israel, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Grip Security , the cybersecurity industrys leading provider of SaaS Security, today announced that it has been named Zero-Trust Network Access Solution of the Year'' in the 2021 CyberSecurity Breakthrough Awards.

Key Points: 
  • TEL AVIV, Israel, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Grip Security , the cybersecurity industrys leading provider of SaaS Security, today announced that it has been named Zero-Trust Network Access Solution of the Year'' in the 2021 CyberSecurity Breakthrough Awards.
  • It is an honor to have Grip Security recognized by the CyberSecurity Breakthrough Awards program, said Lior Yaari, CEO and co-founder of Grip Security.
  • Part of Tech Breakthrough , a leading market intelligence and recognition platform for global technology innovation and leadership, the CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people.
  • The CyberSecurity Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more.