Benhamou Global Ventures, a Silicon Valley based early-stage venture capital firm, has held the first close of funding for BGV II LP.
The fund is focused on seed and early stage investing in enterprise technology including security, cloud-based services, web scale infrastructure, mobility and the emerging Internet of Things.
Benhamou Global Ventures has already made its first investment from BGV II in Qubell, a company providing application deployment and configuration management for web-scale applications. Founded by repeat entrepreneur and enterprise cloud pioneer, Victoria Livschitz, Qubell brings true agility and speed to enterprises online commerce operations.
"As the transformation of the enterprise continues at an aggressive pace, so do the opportunities to invest in and build new global businesses," says Eric Benhamou, founder and general partner of Benhamou Global Ventures. "To leverage these opportunities, we have expanded our team to include Marina Levinson, Barak Ben-Avinoam, and Janice Roberts. These are veteran operating executives, technologists and investment professionals who share our passion for working with entrepreneurs to build innovative technology businesses. I'm excited to welcome them to the team."
BGVII has also formed a Technology Advisory Council comprised of enterprise IT experts to assist with technology diligence and customer validation. The BGVII team is augmented by a network of global industry C-level executives to support its portfolio of companies; many of whom are investing in the new Fund.
