Glilot Capital has announced the successful raising of $500 million to support startups in cybersecurity, AI, and enterprise software, increasing its assets under management to over $1 billion. The firm is known for its successful exits and strategic support of early-stage companies, emphasizing the resilience of cybersecurity and AI sectors amid global funding slowdowns. #GlilotCapital #CybersecurityInvestments #AIStartups
Keypoints
- Glilot Capital raised $500 million to fund cybersecurity, AI, and enterprise software startups.
- The firm’s assets under management now exceed $1 billion, with backing from major international financial institutions.
- Glilot has a proven track record with 22 successful exits including acquisitions by Microsoft and Palo Alto Networks.
- The firm connects startups with Fortune 1000 companies to boost their go-to-market strategies.
- Rinat Remler has been appointed as a new partner to help scale Glilot’s global operations and support portfolio companies.
Read More: https://www.securityweek.com/israeli-cyber-fund-glilot-capital-raises-500-million/