This site uses cookies to ensure the best viewing experience for our readers. Read more about it Got it

Venture Capitalist to Leave Innovation Endeavors

Yuval Shachar is a founding partner at Innovation Endeavors, former Google CEO Eric Schmidt’s Venture Capital firm

Meir Orbach 18:1419.10.17
Israeli-born technology entrepreneur and venture capitalist Yuval Shachar is set to leave Innovation Endeavors, a venture capital firm owned by former Google CEO Eric Schmidt, according to a person familiar with the matter. Mr. Shachar was a co-founding partner at Innovation Endeavors.

 

 

Mr. Shachar will join Tel Aviv-based cybersecurity startup foundry Team8 LLC as a partner following his departure from Innovation Endeavors, the person familiar with the matter said. Mr. Shachar previously served as chairman of Team8.
Entrepreneur and investor Yuval Shachar Entrepreneur and investor Yuval Shachar

 

Co-founded by Nadav Zafrir, the former chief of Israel’s Unit 8200, the Israeli army’s signal intelligence unit, Team8 is backed by Cisco, Microsoft, and Innovation Endeavors.

 

Mr. Shachar co-founded Pentacom, Infogear, and P-Cube, three companies that were acquired for an aggregated sum of $620 million.

 

Mr. Shachar served as an advisor and investment partner at Innovation Endeavors since 2013. He was a co-founding partner at Marker LLC investment fund, which in August merged with Innovation Endeavors.

 

Innovation Endeavors is currently raising $300 million for a new investment fund. The fund will operate offices in Tel Aviv, New York, and in the Silicon Valley. Mr. Shahar will maintain his title as co-founding partner of the new fund, but will not have an active role in its operation. Eric Schmidt will stay as a co-founding partner and main investor.
Cancel Send
    To all comments