Pitango Promotes Ayal Itzkovitz to Managing General Partner

Israel-based Pitango Venture Capital has promoted venture partner Ayal Itzkovitz to managing general partner, the firm announced Wednesday. Itzkovitz, who has a PhD in computer science from the Technion Israel Institute of Technology, previously co-founded former Pitango portfolio company Convergin, acquired by Oracle Corporation in 2010.

Pitango, which has over $2 billion in assets under management, focuses on Israeli tech and healthcare companies at all stages. Portfolio companies include ridesharing company Via Transportation Inc., content discovery company Taboola.com Ltd., and Nasdaq-listed cybersecurity firm ForeScout Technologies Inc.