Cybersecurity
Cyberstarts Hits 300% Yearly Returns for Backers Such as Sequoia
- Israeli VC bet on early-stage cyber security startups
- Cyberstarts’s returns come amid investment surge for VCs
Gili Raanan, left, with Cyberstarts Partner Lior Simon.
Photographer: Yossi ZeligerThis article is for subscribers only.
Israeli venture capital investor Cyberstarts has generated top returns by betting on cybersecurity entrepreneurs at the early stages of their companies, reflecting the exploding demand for digital protection.
Founded in 2018 by Gili Raanan, Cyberstarts has posted a 300% internal rate of return in its first $54 million fund since inception, according to a company statement. That would place Cyberstarts among the top 5% of venture funds for the past 26 years, Cyberstarts said, citing data from investment firm Cambridge Associates.