Israeli cybersecurity firm Avishai Wool has netted $36m from Claridge Israel, a private equity fund, in its first funding round. Avishai Wool, which develops business-driven firewall and security policy management products, currently has 350 employees spread across the US and Israel, and caters to 1,500 customers globally, including 20 top 50 Fortune companies. Oded Tal, managing parter at Claridge Israel, commented on the investment saying "Avishai Wool has the exact characteristics that Claridge IL is targeting in its investments".
Israeli cybersecurity firm AlgoSec has netted $36m from Claridge Israel, a private equity fund, in its first funding round. AlgoSec, which develops business-driven firewall and security policy management products, currently has 350 employees spread across the US and Israel, and caters to 1,500 customers globally, including 20 top 50 Fortune companies. Oded Tal, managing parter at Claridge Israel, commented on the investment saying "AlgoSec has the exact characteristics that Claridge IL is targeting in its investments".