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August 23, 2012 4:00 pm

Sequoia Capital Launces $200 Million Israel Fund

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Tel Aviv beach. Photo: wiki commons.

Globes – Sequoia Capital is set to complete raising a new $200 million venture capital fund for Israel investments. Sequoia Capital Israel V LP will be an early-stage fund focusing mainly on information technology start ups. Raising of the funds will be completed in September.

Sequoia Capital, is a veteran venture capital fund based in Silicon Valley currently celebrating its 40th anniversary. Over the years, it has backed some of the biggest names in the technology industry including Apple Inc., Yahoo! Inc., Google Inc., LinkedIn and Cisco Systems.

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