Insight Partners Raises $9.5 Billion For Eleventh Fund
In Israel, Insight has invested more than $1.3 billion million across more than 15 active deals
Hagar Ravet | 11:32, 05.04.20
New York-based venture capital and private equity firm Insight Partners has raised $9.5 billion for its 11th fund, its largest growth equity technology fund to date, the firm announced
Friday. In Israel, Insight has invested more than $1.3 billion to date across more than 15 active deals.
In February, Calcalist reported
that the venture fund led a $200 million investment in Israel-linked cybersecurity company SentinelOne, incorporated as Sentinel Labs Inc.
A month earlier, Insight Partners acquired,
together with Google’s CapitalG, Israeli IoT security company Armis Inc. according to a company valuation of $1.1 billion. Also in January, Insight Partners bought a 10% stake in Israeli gaming company Moon Active Ltd. according
to a company valuation of $1.25 billion.
In October, Insight Partners announced the opening of a Tel Aviv office, the firm’s first office outside of New York. Insight Partners has over $20 billion in assets under management and has backed more than 300 companies worldwide, according to company statements.
