Tel Aviv-based Founders Group, an investment firm co-founded by two of the founders of spyware company NSO Group Technologies Ltd., has announced three new additions to its team.
Yigal Benhanan, who served as President and CEO in the U.S. of Israeli defense technology contractor Rafael Advanced Defense Systems Ltd., has joined the investment firm as an operational partner. Itay Rand, formerly of Israel-based venture capital firm 83 North, has joined as partner. Deddy Tzur, a senior vice president at Chinese media company Kaixin Mahua, has joined as the group's director of business development in Asia-Pacific.
Founders Group was established in 2013 by NSO's founders Omri Lavie and Shalev Hulio and venture capitalist Isaac Zack. The firm provides multi-stage funding to companies in the domains of fintech, cybersecurity, e-commerce, Internet of Things and enterprise software.